According to Forbes, Bezos is worth an estimated $130.9 billion as of February 2020, and although the titan’s career had humble beginnings, he is now worth a staggering $155.8 billion and appears to show no signs of slowing down. Forbes reports that his net worth rose to $151.4 billion in the first quarter from $1.2 billion in 2015, rising to the rest of the $150 billion later in the year as indicated by The Street.
The Earnings He Makes with His Career
The founder of Amazon boasts several other companies that have helped boost his fortune, including an aerospace company called Blue Origin and The Washington Post’s GHC Get Report.
He has made numerous personal investments and holds shares in companies such as the New York Times, Wall Street Journal and Amazon.com.
The debate over executive pay is about disguising the wealth of the super-rich and the widening gap between the average earners who work for them and those who do not – a relationship that has exploded in recent decades. Some are calling for a cap on wages for companies, arguing that it would benefit everyone involved.
Besides running Amazon, Bezos owns The Washington Post, is a philanthropist and has invested in space technology as per Heavy.
Despite all the controversy, according to Forbes, he appears to be aware that Amazon broke records in 2017, taking his personal net worth to a reported $45 billion.
In nine US states, including Bezos’ home state of Washington, divorce laws require that everything acquired during his marriage, from real estate to income, be considered joint property. Jeff Bezos, the richest man in history, announced his decision to divorce on that Wednesday.
Using net worth figures for 2017 and 2018, we calculated how much Bezos earned during his career as founder and CEO of Amazon, one of the world’s most successful companies.
Business Insider calculated Bezos’ annual hourly earnings based on Forbes’ annual list of billionaires released in March, and updated the calculations using the latest Forbes 400 list released on October 3.
To calculate Bezos’s net worth of $78.5 billion, we worked out how much he earned in that small time frame. They calculated the Amazon CEO’s annual income by calculating the median annual income of the 400 richest people in the world, as revealed in the Forbes 400 list in October this year.
Business Insider also calculated his annual hourly wages and salaries for the last three years, from January 1, 2017 to June 30, 2018, using a Forbes billionaires list released this March.
The Divorce of Jeff Bezos Didn’t Stop Him From Earning More Money
Much of his wealth is tied to Amazon’s stock, which can rise or fall in value at any time. Bezos does not need a share-based award as he already owned 55,495,676 Amazon shares, or 11.15% of the outstanding shares, on April 3.
Based on its current share price, its holdings are worth more than $133 billion.
According to Bloomberg Billionaires, he made more than $1.5 billion in net worth last year alone, making him one of the richest people in the world according to Bloomberg Billionaire as reported by Morning Star.