Re:Algorithm Helps New York Decide Who Goes Free Before Trial
by zepto on Sunday September 27, 2020 @10:54AM
(#24607072)
Of course it’s in investments.
There is no bank account of cash involved.
But $200M is less than .2% of his wealth.
It’s not even 10% of the annual growth in his wealth.
Bezos can write a check for $200,000,000 today and his bankers will cover it.
He can spend $1,000,000 to pay Goldman Sachs to leverage his investments to most efficiently cover just that one check’s cash value, and not even notice it.
There is no bank account of cash involved.
But $200M is less than .2% of his wealth.
It’s not even 10% of the annual growth in his wealth.
Bezos can write a check for $200,000,000 today and his bankers will cover it.
He can spend $1,000,000 to pay Goldman Sachs to leverage his investments to most efficiently cover just that one check’s cash value, and not even notice it.