How Much Money Does Jeff Bezos Have? Learn More…
Having a net worth of more than $100 billion, Jeff Bezos is the richest man on earth. He is also the world’s second-richest person, after only Warren Buffet. The amount of money he has is astounding and can be compared to the GDP of entire nations. He has become one of the richest people in the world because he has built Amazon, an online retail company, into one of the most successful businesses in the world.
Jeff Bezos is a former Wall Street computer engineer who founded Amazon, a company that sells books and other products online. In 2007, the company introduced an electronic book reader called the Kindle. Since then, Amazon has expanded into cloud computing and artificial intelligence. In addition to Amazon, Bezos also owns The Washington Post. He is also the owner of a space exploration company called Blue Origin, and he owns a 417-foot superyacht. He plans to retire from Amazon in 2021.
Bezos has a number of properties, including a mansion in Beverly Hills and a lakeside property in Washington State. He also has a 10,000-square-foot apartment in the Century Tower in Manhattan, which he paid $10 million for. In addition, he owns a 165,000-acre Corn Ranch in Texas. The ranch is a test site for the New Shepard rocket. He has also made an impact in the media, investing in The Washington Post and Business Insider. He has also donated millions to charity.
Jeff Bezos has pledged to spend at least $2 billion to help combat climate change by 2020. He has also donated money to nonprofit preschools and homeless shelters. He is the founder of Bezos Expeditions, which has invested in a number of companies, including Uber and Airbnb. He also launched the Bezos Earth Fund, which gives money to nonprofits and researchers. In addition, Bezos’ Day One Fund is setting up a network of low-income preschools. He has also been involved in several other ventures, including working with Halsey Minor to create a website prototype, and joining startup Fitel.
In addition to the billions of dollars that he has earned from his company Amazon, Bezos has also been an early investor in Google. He may have sold his shares when Google went public in 2004. The stock price had skyrocketed more than 3,000 percent since 2008. Bezos’s earliest fortune came when his shares went up more than 40 times after the company’s initial public offering in 1997.
Despite all of the money that he has earned, Jeff Bezos doesn’t take a paycheck every month. He gets paid by Amazon every year, but he doesn’t get bonuses or extra money. In addition to his Amazon paycheck, he also gets paid for security, which is estimated to be about $1.6 million per year. He pays $6 billion in federal capital gains taxes on nearly $27 billion of Amazon share sales. In 2018, he donated $2 billion to social issues. In addition, Bezos has a large amount of cash, which he is able to use to buy anything that he wants.