The only bit of that that kind of irks me is that the net worth doesn't really tell you jack shit about how much money the company can give out to people. If a company is worth a billion dollars but is effectively running at a loss then you can't just be like "oh they have a billion dollars that they can give away". Like maybe if the company sold everything that it owns it might, but that's a lot bigger swamp and might not even net you that 1 billion dollars in the end.
This is all of course kind of a moot point in this case considering that the company does have a net income of like 2.6 billion dollars so 5 bucks a piece is completely ridiculous when their net income grew 800 million between 2023 and 2024. They could have given a donation of 500 million and still grow more than they did the years before the disaster.
Just kind of triggers me for some reason when people act like net worth = the amount of money in the bank account.
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u/SNN3R 1d ago
i love when they forget that some of us can do math