AbuTahir@lemm.ee to News@lemmy.world · 5 days agoBill Gates: Microsoft founder to give most of $200bn fortune to Africawww.bbc.co.ukexternal-linkmessage-square41fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkBill Gates: Microsoft founder to give most of $200bn fortune to Africawww.bbc.co.ukAbuTahir@lemm.ee to News@lemmy.world · 5 days agomessage-square41fedilink
minus-squareauraithx@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·edit-25 days agoStopped reading after the first one used his listed illiquid wealth (which probably includes a notable chunk of Microsoft stock that he can’t just dump on market).
minus-squareSpacetimeMachine@lemmy.worldlinkfedilinkarrow-up0·5 days agoThat can still be used to leverage loans, and is still very much a form of power, just like his on hand cash is.
minus-squareauraithx@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·edit-25 days agoAye no shit. Still doesn’t mean it’s liquid. Can’t get a loan if you don’t plan to pay it back.
Stopped reading after the first one used his listed illiquid wealth (which probably includes a notable chunk of Microsoft stock that he can’t just dump on market).
That can still be used to leverage loans, and is still very much a form of power, just like his on hand cash is.
Aye no shit. Still doesn’t mean it’s liquid. Can’t get a loan if you don’t plan to pay it back.