How Much Does Jeff Bezos Make A Millisecond (2024)

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How much does Jeff Bezos earn? ›

Jeff Bezos Made Over $7.9 Million An Hour Every Hour In 2023 — In Under 13 Minutes, He Brought In The Equivalent Of What The Typical Person Earns In A Lifetime.

Bezos' wealth increased by $167 billion in the past 10 years, or $16.7 billion per year, roughly $45.8 million per day, and roughly $1.9 million per hour. Of course, since Bezos' investments make money while he sleeps, we didn't use an 8-hour workday or 40-hour workweek for these calculations.

He invested $10,000 from his personal savings to incorporate a company called Cadabra, Inc. Eventually, he changed the name to Amazon after one of his attorneys misheard the name as Cadaver. Then came his most risky investment. His parents invested $250,000, a significant portion of their savings.

He is the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. He is the second wealthiest person in the world, with a net worth of US$ 201 billion as of June 14, 2024, according to Forbes.

In the U.S., it may take you $5.81 million to be in the top 1%, but it takes a minimum net worth of $30 million to be considered among the ultra-high net worth crowd. As of the end of 2023, this ultra-high net worth population is on the rise, reaching 626,000 globally, up from just over 600,000 a year earlier.

Someone who has $1 million in liquid assets, for instance, is usually considered to be a high net worth (HNW) individual. You might need $5 million to $10 million to qualify as having a very high net worth while it may take $30 million or more to be considered ultra-high net worth.

There are about 20 thousand people around the world that have more than 200 million dollars. Ironically there are about 75,000 people with roughly 100 million. Most of this wealth however is not realizable, it's in the expansion of stocks and other debt instruments.

Real-Time Net Worth: $212.5B

Bernard Arnault, the CEO and chairman of LVMH, the world's largest luxury goods group, has reclaimed the top spot as the richest person on January 31, 2024, surpassing Elon Musk.

When Amazon went public in 1997, Bezos owned 17% of the company. However, he has since sold off or given away about 1% of his shares each year. This is part of a common practice among tech founders, who often sell off shares to raise money for other projects or to diversify their investments.

Did Bezos give $100 million? ›

Jeff Bezos just gave $100 million to actress Eva Longoria and the retired admiral who oversaw the capture of Osama bin Laden to use as they see fit.

Who owns Amazon now? As of January 2024, Jeff Bezos remains Amazon's largest individual shareholder, followed by Vanguard Group, the company's biggest institutional shareholder.

No individual has claimed the status of trillionaire just yet. But a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency isn't unattainable, but it will be a couple of years yet. Only 18 countries have a GDP that exceeds that amount. The World Bank.

As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.

The 38th annual Forbes list of the world's billionaires found a record 2,781 billionaires with a total net wealth of $14.2 trillion. This is an increase of 141 members and $2 trillion from 2023, which held the previous record for the highest net worth gain on the list, surpassing the $900 billion record set in 2022.

According to data from the job search information website Zippia, the average lifetime income of an average person is about 2.7 million US dollars, while Gates's daily income is about 3 to 4 times this figure. According to estimates, Gates earns about $10.95 million a day, which is equivalent to about $117 per second.

It took an average of eight years to reach that magical milestone. Here is a list of some of the world's most well-known billionaires, their current net worth and how many years it took to make their first million, per Visual Capitalist and Inc.com.