His name is Jeff Bezos, and he is currently
the CEO behind the American giant conglomerate, Amazon.
So what do we know about this reclusive billionaire?
What makes him tick? In this video, we take a look
at 9 mind-blowing facts about the enigma that is Jeff Bezos.
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#1. Bezos has an annual salary of less than $100,000
It might come as a surprise to many, but Bezos isn’t on
some hyper-inflated salary as the CEO of the world’s largest
online marketplace.
Whether it’s a sense of meekness or humility, he pockets a modest
—yes we said modest—$81,840 annually at the helm of
Amazon’s hierarchy.
In fact, Bezos makes about half
the salary that most top-tier CEOs in America pocket.
But, of course, most of his wealth emerges
from his valuable shares in Amazon.
Indeed, Bezos earns about $9 million from his shares alone.
Not in a year, nor a month, nor even a single
day...but a single hour.
Which, if we do the math, brings us to our
next mind-blowing fact about Jeff Bezos...
#2. He makes $2,489 per second
If you really want to put this into perspective,
Bezos makes in one second what the
average median U.S. worker makes in one week.
And just to blow your mind a little further, Bezos
makes roughly $150,000 a minute. In
fact, Jeff Bezos literally breaks the bank three times
more than the median U.S. worker does in a year, which is roughly
about $45,552.
Nevertheless, Bezos donates generously to the American
community, and has even pledged a whopping $2 billion
towards supporting and uplifting homeless families all
across the United States. He is also directing
a portion of his pledges towards
launching educational programs for children
residing in underprivileged communities in the country.
#3. After divorcing MacKenzie Bezos,
she ended up being the third-richest woman in the world.
MacKenzie has a substantial amount of wealth today.
They say behind every successful man is a woman.
And being one of the first employees by Bezos’
side during the founding of Amazon,
she has seen the company’s exponential growth every
step of the way.
Unfortunately, their relationship has had its share of highs
and lows, and they finally decided to call it quits in July of 2019.
From the settlement, MacKenzie received an astonishing
$38.9 billion, at the time making her the third-richest woman
in the world after Walmart heiress Alice Walton and L’Oreal heiress
Francoise Bettencourt.
#4. With his approximate $160.1 billion net worth,
Bezos is theoretically capable of purchasing
more than 30% of the top 100 U.S. college endowments
Higher Education in the United States is one
of the most critically-acclaimed and
funded institutions in the world. In fact, the top
three wealthiest colleges based on their
endowments are as follows: Harvard University-$40.9 billion,
the University of Texas-$30.9 billion, and Yale University
with $30.31 billion.
Which means that Bezos’ entire net worth is more than capable
of purchasing these three prestigious universities combined,
and still have a no less than $45.09 billion to
spare; more than enough for him to maintain his luxurious lifestyle!
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#5. Bezos is so wealthy that spending $1.5 million for him
is similar to the average American spending $1
While $1.5 million is more than capable of transforming
many people’s lives for the better, Bezos makes so much money
that losing a fortune of this magnitude is
equivalent to the average American dropping a dollar
on the street. So how did we come to this conclusion?
Well, the average median net worth of an American
household is about $97,300. If we
divided Bezos’ $147.2 billion with this figure,
it comes to about $1.5 million.
#6. Bezos is the only billionaire in the
Top 5 List not to lose money in 2020 so far
2020 has not been a pleasant year in the wake of the Pandemic.
Indeed, the wealthiest business moguls around the world
have parted with billions of dollars because of unpredictable
business interruptions.
But Jeff Bezos is the only one, out of the top 5 that’s headed
to the bank smiling.
As of April 4th 2020, the Bloomberg Billionaires Index
list showed that Bezos’ net worth increased by $5.9 billion.
Indeed, other billionaires such as Mark Zuckerberg,
CEO of Facebook, had their net worths dented by the novel
Coronavirus that triggered volatility in the international markets.
But this is not the first time that the ultra-wealthy
have been affected by market instability. In late 2018,
it was estimated
that the world’s collective billionaires lost
about 7% of their net worth due to a volatile market.
That being said, it seems Bezos’ business model
is unhinged, and his profits only seem to be looking up.
#7. The Amazon CEO is nearly 38% richer
than the British monarchy
The British Royal Family has been around for centuries.
And in the years they’ve been around, they’ve amassed a combined
net worth of about $88 billion according to
Forbes. In comparison, Jeff Bezos’ Amazon has
been around for nearly 26 years, launched in 1994 as Cadabra Inc,
and he has a net worth of $152.9 billion.
Mathematically, Bezos is about 40% richer
than the Royal Family, and the gap is
seemingly getting bigger and bigger with
every financial year. Indeed, Amazon’s reach
is in nearly every corner of the world.
#8. Bezos’ net worth is greater than the GDP of these
three countries combined
Yes, we’re still comparing Bezos’ illustrious wealth to whole
nations in this world. In fact, Jeff Bezos is so wealthy
that his combined net worth surpasses the GDP of
Iceland at $24.7 billion, Costa Rica at $64.8 billion
and Afghanistan at $22.9 billion. So theoretically, Bezos could be able to
purchase these three countries and make them
his personal properties. Would the United Republic
of Bezos warrant a proper name
for such an estate? One thing’s for certain,
if Jeff Bezos could steady an international
company like Amazon to greater heights
of economic sustainability, he can easily do
so for whichever country he’s in charge of.
In fact, Bezos is well-known for being one
tough boss to work with, according to testimonials from
Amazon employees. He even forwards customer complaints to his
staff with a stern question mark. Additionally,
Bezos has banned PowerPoint presentations for all Amazon
team meetings to prevent dry and dull presentations
#9. He generates more wealth in 15 minutes than the
average employed American does in a lifetime
If this intriguing fact about Jeff Bezos doesn’t make
you reconsider your life choices, then we don’t know what else will.
According to data from the Social Security
Administration, the average working American
man with an undergraduate degree will
earn about $2.19 million in their entire lifetime.
As for Bezos, he makes this in just
under fifteen minutes. And for the average American
woman with an undergraduate degree, she earns
about $1.32 million
in her lifetime; which is what Bezos will make in under 9 minutes.
Hey iRichers, we’re leaving you with an extra treat today
by giving you one more intriguing fact about Jeff Bezos
that will no-doubt blow your mind. Yes, everyone has
to start somewhere.
Even the richest man in the world…
So did you know that the very first book that Amazon
shipped was actually sold from
Jeff Bezos very own garage? In 1995, the book
Fluid Concepts and Creative
Analogies: Computer Models of the Fundamental
Mechanisms of Thought was the first book that
was bought on Amazon?
At the time, there were no giant Amazon
warehouses built all across the United States,
so it was packaged and mailed by the CEO himself.
So iRichers, which mind-blowing fact about Jeff Bezos
intrigued you the most?
Let us know in the comment section below.
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