Bezos scored highly on a standardized IQ test when he was only 8 years old, and in his early days as a manager, he liked to ask candidates for their SAT results in interviews he conducted. He has said that "hiring only the best and brightest was key to Amazon's success."
Most of Jeff Bezos' wealth comes from his Amazon shares. He still owns 11% of Amazon shares and has sold an estimated $27 billion worth of shares since 1997 according to Forbes. He is known for his generous philanthropy, regularly giving to causes such as cancer research and climate change.
Jeff Bezos
Bezos has been involved with Amazon since its inception in 1994 and currently owns a 10% stake in the company.
Jeff Bezos' net worth is $139 billion as of May 2023, making him the third-richest person in the world. Bezos is the founder and former chief executive officer (CEO) of Amazon. He remains the executive chair of the company. He holds traditional investments, such as real estate, and shares in other companies.
Jeff Bezos quit his job at an investment bank in 1994 and moved to Seattle, Washington, to open a virtual bookstore. Working out of his garage with a handful of employees, Bezos began developing the software for the site, which he called Amazon.com. It sold its first book in 1995.
Who is the richest man in the world? As of June 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he's worth $215 billion. He moved into the number one spot after Elon Musk's fortune fell in late 2022 as shares of electric carmaker Tesla fell.
Jassy was paid $1.3 million in 2022, including a $317,500 base salary plus another $981,000 in 401(k) plan contributions and security costs, according to the company's annual-proxy statement filed on Thursday. It's a massive drop from the $212.7 million he received in 2021 when he got promoted to CEO.
A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.
A Facebook post claimed that if Bezos' net worth reached $1 trillion, "he could literally end world poverty and give everyone $1 billion and he will still have $91.5 billion left." This math doesn't work out. If Bezos shared his wealth of $149.5 billion equally across the globe, each person would receive about $19.
The top three individual shareholders include Jeff Bezos, Andrew Jassy, and Douglas Herrington. Amazon's top three institutional shareholders are Vanguard, Blackrock, and State Street.
Billionaire, businessman and the chairman and chief executive of LVMH (LVMUY), Bernard Arnault holds the crown as the richest person in the world. According to Forbes, Arnault has a fortune of $234.5 billion.
Andy Jassy, 53, CEO and President
Andy Jassy, the former head of AWS, took over as Amazon CEO in July 2021 following Bezos's exit. Jassy is one of Amazon's earliest employees, working closely with Bezos in the company's early years.
With money like that in the bank, Bezos could spend nearly $11 million every day for the next fifty years — or until he turns 107. Here's what else he could do with his $196.2 billion: Bezos could give every Amazon employee — all 1.13 million of them — a $173,628 bonus.
In 2020, with Americans dying in large numbers from the pandemic, Bezos had become to billionaire wealth hoarding what Barry Bonds had become to home run records. As noted by USA Today, the reporting on Bezos becoming the first trillionaire occurred when Amazon workers were publicly protesting over safety issues.
One trillion equals a thousand billions, or million millions. 1 trillion consists of 1 followed by 12 zeros, that is, 1, 000, 000,000, 000 and can be written as \(10^{12} \) (ten to the twelfth power). It takes about 32,000 years to finish 1 trillion seconds.
If you write a 1 followed by nine zeros, you get 1,000,000,000 = one billion!
The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.
In the American system each of the denominations above 1,000 millions (the American billion) is 1,000 times the preceding one (one trillion = 1,000 billions; one quadrillion = 1,000 trillions).
quadrillionaire (plural quadrillionaires) Somebody whose wealth is greater than one quadrillion units of the local currency. quotations ▼ (by extension) An extremely wealthy person.
The chain's total CEO compensation in 2019 ended up topping $18 million, CNBC reported. Mr Kempczinski's 2020 pay was 1,189 times higher than that of the median McDonald's employee, who made $9,124 that year, based on company estimates.
As the titan who built Amazon into the behemoth it is today, it's no wonder founder Jeff Bezos is still compensated more than $1.5 million a year by the company.
In 2021, Pichai received a total of $6.3 million, consisting of a $2 million salary and $4.3 million in other compensation.