I think this is a false equivalency. How much of the wealth is convertible to cash ?
All of it? But why would anyone convert all their wealth into cash?
I think its 1% at best ... so bezos is worth 100 million.
What? Even if he dumped all his shares on the market, he'd net a lot more than $100 million. Sure dumping the stock would push down the share price and he wouldn't net less than $100 billion, but why would he do that? Even if he did, he'd easily net tens of billions as there is ample support from $2300 to whatever level the price eventually drops to.
You give it 10 billion worth of ‘stuff’ (or promise to do so over a number of years)
A charity fund of that size will invest its money, anyways, until it has found a way to spend it (well) on its cause, so you can just as well give it bonds, buildings, or shares.
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All of it? But why would anyone convert all their wealth into cash?
What? Even if he dumped all his shares on the market, he'd net a lot more than $100 million. Sure dumping the stock would push down the share price and he wouldn't net less than $100 billion, but why would he do that? Even if he did, he'd easily net tens of billions as there is ample support from $2300 to whatever level the price eventually drops to.
How would you setup a malaria fund of 10 billion, otherwise ?
You give it 10 billion worth of ‘stuff’ (or promise to do so over a number of years)
A charity fund of that size will invest its money, anyways, until it has found a way to spend it (well) on its cause, so you can just as well give it bonds, buildings, or shares.