As most of Bezos' fortune is in Amazon stock, this money is not exactly sleeping.
Re:Interview with Paul Graham
by darkerside on Saturday September 05, 2020 @02:56PM
(#24385986)
Fair point, and same probably goes for other billionaires, who have their money in a variety of investments. That probably does a lot to juice the stock market, pumping up valuations, but it doesn't do as much to generate actual economic returns. Happy to be educated otherwise.
Wealth in the hands of a few becomes static. Jeff Bezos can only buy so many jets. When you leave it there, the entire economy stagnates.