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Impossible Plutocratic Dilemmas

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Jeff Bezos has no earthly idea what to do with the $130 billion burning a hole in his pocket:

Döpfner: Last week we had Bill Gates for dinner here and he said in a self-ironic manner that he has a ridiculous amount of money and it is so hard to find appropriate ways to spend that money reasonably and to do good with the money. So what does money mean for you, being the first person in history who has a net worth of a three-digit amount of billions.

Bezos: The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically it. Blue Origin is expensive enough to be able to use that fortune. I am liquidating about $1 billion a year of Amazon stock to fund Blue Origin.

From this piece about how Amazon is trying to learn from the affordable housing and traffic issues in Seattle:

Amazon’s search for a second headquarters has been a pageant of finalist cities doing everything they can to woo the company and the good jobs and huge construction projects it would bring. The most controversial part of the process has been the big tax incentives that some state and local governments have offered Amazon, seen by critics as ineffective corporate giveaways.

I'm sure since he already has far more money than he knows how to spend, and given the enduring problems of poverty and homelessness, he will be turning down these tax breaks.

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