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[–]Evilphd666[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Does anyone really give a flying rats ass if Bezos is in charge? He can keep 1% - $2 Billion and his quality of life will not change. He can live out the rest of his life in luxury.

If the board loves him, they can keep him. His stock has some control over 12% of the voting shares that can influence the board, but he will constantly be overruled by the 88%

The institutional shareholders control majority voting control. They can vote him in or out and even if Bezos uses all his share-votes to disagree, he would still be out voted.

Why would it drop to $2866 - Assumption that his networth is all stock and not liquid cash in a pentagon sized Scrooge McDuck Vault. If he were to sell his shares at once it would be a temporary hit to the value of the shares as a whole. So 88% - if it was all liquidated into cash vs share transfer - of $3257 is $2866.16

Other people, Bezos, institutions will see a sale on Amazon and the share price will come back up within a short period of time.

[–]Druullus 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The shareholders probably do care, he's made them a lot of money.

He's tha chairman of the board. He controls more than his stake. https://www.quora.com/How-can-Jeff-Bezos-be-in-control-of-Amazon-when-he-only-owns-17-of-it

You assume the stock price would fall 12 %, if 12 % of the outstanding shares was sold?

Him being in charge has nothing to do with the share price?