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He doesn’t have a billion dollars in cash
His net worth is just under $200 billion.
He could easily liquidate 1 billion of that to cash.
The article states that he’s planning to liquidate over $8B this year alone. I don’t known what kind of drugs that other commenter is smoking.
He liquidated 12 million Amazon shares for approximately $2 billion last week. It’s the capital gains on that sale that OP’s article is referring to.
Unless you meant cash, in which case you’re probably right. I don’t think his brokerage settled the sale with briefcases of $100 bills.
This article is about selling $8B of shares…
