this video was made possible by
skillshare the first 1000 people to use
the link in my description will get a
free trial of skillshare premium
jeff bezos is a man with a lot of money
at the absolute
pinnacle of his drug empire pablo
escobar was worth an estimated 59
billion
dollars in today's money in september of
2020
jeff bezos's net worth exceeded 204.6
billion dollars more than three times
the amount of wealth that pablo escobar
ever held
understanding just how enormous of a
fortune 204.6 billion dollars
actually is is quite difficult for the
human mind
so in this video i'll be doing my best
to put that insane
level of wealth into perspective for you
let's begin
with this map haiti madagascar
mozambique malawi
zambia the democratic republic of the
congo the republic of the congo
burundi uganda the central african
republic
cameroon djibouti sudan chad
niger benin togo burkina faso
mali mauritania liberia sierra leone
guinea guinea bissau the gambia syria
afghanistan and ukraine nearly 270
million adults representing 3.5
of the human population versus jeff
bezos a single man who has more wealth
than
every single person living in all of
these countries have combined
jeff bezos's wealth is so astronomical
imagine for a moment that you were
immortal and you got a job that paid you
eight thousand dollars every single
hour that you were alive if you first
got this job at the time of the birth of
christ
and were continuously making eight
thousand dollars an hour every single
hour that has ever happened
since then across more than 2 000 years
of history
you'd still not have anywhere near close
to enough wealth as jeff bezos has
on july 20th earlier this year in 2020
jeff bezos's wealth increased by over 13
billion dollars in a single day jeff
bezos's wealth increased by more than
the entire annual gdp of madagascar
a country of over 26 million people
to put his overall wealth into even more
perspective
bezos total fortune of over 204.6
billion dollars
is more than the entire annual gdp of
indonesia
the world's 16th largest economy and
home to over 267 million people it is
also
more than double the combined net worth
of the entire british royal family which
is presently valued at around 80 billion
dollars
but enough with comparing jeff bezos's
fortune with countries
and monarchs let's compare his wealth to
something a bit more
easy for all of us to understand the
base price of a 2019 toyota corolla
is eighteen thousand seven hundred
dollars jeff bezos's fortune
if converted into pure cash would be
enough to purchase
10 941 1176
of these 2019 toyota corollas if toyota
concentrated 100
of its factories and production into
only producing corollas and
nothing else it would still take the
entire company
over an entire year to produce that many
for him
let's think of his wealth in another
sense the average american worker earns
a salary of forty nine thousand
seven hundred and sixty four dollars per
year in order for the average american
worker to save up enough wealth to match
jeff bezos
they would have to work for four million
one hundred
eleven thousand and four 405
years put into another perspective jeff
bezos has added 70 billion dollars to
his wealth over the past 12 months from
september 2019 to september 2020.
that means that over the last year jeff
bezos accumulated
9 million dollars every hour 149
000 every minute and 2 489
every single second now start a timer
from september 1st 2019
to september 1st 2020 in just the first
nine
minutes of this year jeff bezos gained
more wealth than the average
college-educated american woman will
in her entire lifetime and in only 15
minutes
more than the average college educated
american man will in his lifetime as
well
27 minutes into the year and bezos has
already
gained more wealth than the average
american lawyer will in their entire
lifetime 45
minutes into the year and he's already
gained more than the average american
doctor will in their entire lifetime
just five and a half hours into the year
and he's already gained more wealth than
the entire net worth of david solomon
the ceo of goldman sachs within the
first
eight working hours of the year he's
already gained more wealth than the
entire annual gdp of tuvalu by the end
of day two
his wealth has already increased more
than the entire net worth of beyonce by
the end of day three
his wealth has increased more than the
entire net worth of tim cook
the ceo of apple by the end of the first
week he
personally gained more wealth than the
entire annual
profits of pizza hut taco bell kentucky
fried chicken
and wing street all combined within the
first
month he personally again has gained
more wealth than the entire annual
revenue of gamestop a corporation with
56 000
employees two months in and he has
acquired more wealth than the entire
annual gdp of zimbabwe
a country with over 16 million people
and
finally by the end of the year he had
acquired 70 billion
dollars an amount of wealth that's
largely equal to the entire annual gdp
of venezuela during the same year
a country with over 28 million people
that controls the largest amount of
proven oil reserves anywhere
in the entire world and all of this
isn't even close to being halfway there
to all of jeff bezos's fortune of 204.6
billion dollars even compared to other
historical figures from american
history jeff bezos is still
extraordinarily wealthy
adjusted for inflation today jeff bezos
is even wealthier today than
henry ford was at the time of his death
and is roughly equivalent in wealth to
cornelius vanderbilt
during the gilded age in the 19th
century the wealthiest man to have ever
lived in modern history
was john d rockefeller who at the time
of his death in 1937
was worth an estimated 418 billion
dollars adjusted for inflation today
nearly double the wealth of jeff bezos
rockefeller was so
enormously wealthy that his net worth
was equivalent to three percent
of the entire united states gdp at that
time
however rockefeller died with that net
worth at the age of 97.
jeff bezos has roughly half that amount
of wealth but he's
only 56. in my opinion it's very
probable that within a few years
bezos will not only surpass
rockefeller's wealth but will likely
become humanity's first
trillionaire as well here's how the
average
annual rate of return in the stock
market is around six percent per year
if jeff bezos simply maintains that
average rate of return on his
wealth then he will surpass the net
worth of rockefeller within the next 13
years when he's only 69
and he will become humanity's first
trillionaire within the next
28 years when he's 84. it's very
reasonable to assume that the world's
wealthiest man with access to the best
healthcare
imaginable will survive to 84 years old
and by that time
it's probable that bezos will have
accumulated an entire
trillion dollars in wealth for himself
204.6 billion dollars is an
incredibly difficult amount to visualize
but what's even more incredible is how
rapidly jeff bezos has acquired that
much
he was born to a 17 year old mother
still in high school and his father
simply owned a bicycle shop he worked at
mcdonald's in high school and he founded
amazon in 1994
inside of his garage founding a business
is challenging
and founding a business that goes on to
become the second most valuable
corporation in the world
that boosts you up to the world's
wealthiest man is
even more challenging it takes a lot of
skills and talents across a variety of
different fields that each require
practice
so if you've made it this far into the
video and you're wanting to learn the
skills it takes to be better at anything
i'd recommend that you go and check out
skillshare next
where they've got a ton of classes on
pretty much
anything you'd like to get better at
want to finally take the jump and become
a full-time freelancer
i'd recommend the class going freelance
building and branding your own success
by justin gignac
want to get better at studying for exams
my friend ali abdull will teach you how
in his evidence-based master class on
studying when you become a member of
skillshare you can take these classes
as well as literally thousands of others
on nearly any subject you can imagine
from animation to web development
it's the absolute perfect activity for
whenever you're stuck at home
have a lot of free time or if you'd like
to sharpen up your school or work skills
best of all though you can get a
completely free trial of skillshare
premium by being one of the first
1 000 people who use the link down in my
description by doing this
you can achieve all of your personal
learning goals and help support my
channel at the same time
so go ahead and check them out and as
always thank you for watching