Earlier quoted context omitted.
Overall he sold about 44% of the company. He had about 45%. The guy above was telling me this would drive the price down. You know what actually happened though. The share price went up. The "billionaire shares are imaginary meme" is just a rhetorical trick designed to confuse the economically illiterate. The only interesting thing about this meme is figuring out where it came from and how it was so efficiently pumpe…
Oh yeah, he sold it very, very slowly, over 20 years. The hypothetical I was responding to is suggesting that these billionaires' fortunes be liquidated within a year. Even so, you don't know how much higher the price of MSFT would be if not for Gates's selling. Other factors just drove the price up faster than he drove it down.
Either way the meme of bezos's wealth being a fiction is comprehensively disproved.