EXACTLY HOW RICH IS JEFF BEZOS? (Amazon CEO + Founder)

TL;DR

Amazon CEO Jeff Bezos made an astonishing $32.78 billion in 2017 alone, earning approximately $15.76 million every hour.

Transcript

how's it going today guys I hope you're having a fantastic day so in this video here I thought it might be interesting to actually sit down and calculate how much the CEO and founder of Amazon Jeff Bezos made each hour in 2017 and to be honest with you guys it's a number that is really difficult to wrap your head around and so I'm going to be compa... Read More

Key Insights

• ❓ Jeff Bezos earned an astounding $32.78 billion from the share price appreciation of his Amazon stock in 2017.
• 🤑 Bezos' earnings highlight the extreme wealth disparity between the average person and the ultra-rich.
• 👯 Bezos' hourly earnings in 2017 surpassed what most people will make in their entire lifetime.

Questions & Answers

Q: How much did Jeff Bezos make from the share price appreciation of Amazon stock in 2017?

Jeff Bezos made $32.78 billion from the share price appreciation of the 78.83 million shares of Amazon stock he owned in 2017.

Q: How much did Jeff Bezos make per hour in 2017?

Assuming a 40-hour workweek, Jeff Bezos made $15.76 million per hour in 2017, based on his share price appreciation earnings.

Q: How does Jeff Bezos' earnings compare to the average person in the United States?

For every dollar the average person makes, Jeff Bezos earns approximately $936,000. His earnings in one hour exceed what most people will make in their entire lifetime.

Q: Did Jeff Bezos actually receive all this money in cash in 2017?

No, Jeff Bezos hasn't sold his Amazon shares, so he hasn't realized these earnings yet. His compensation on the books for 2017 was a salary of $81,000 and $1.6 million in Amazon stock.

Summary & Key Takeaways

• Jeff Bezos owned 78.83 million shares of Amazon stock in 2017, and the share price increased by $415.80 per share. This resulted in Bezos making $32.78 billion from share price appreciation alone.

• Comparing Bezos' earnings to the average salary in the United States, he made 936,000 times more for every dollar earned by the average person.

• It is important to note that Bezos hasn't sold his shares yet, so he hasn't actually cashed in on his earnings.