Thursday, January 23, 2025

February 17, 2021

Jeff Bezos’ Rise To Amazon Riches In Three Minutes Flat [Video]

The rise and rise of his wealth is tied to the increased valuation of Amazon, which has become an online retail giant.

[imagesource: Getty Images / David Robbins]

Today, according to the Forbes real-time billionaire tracker, Jeff Bezos is worth $190,3 billion.

A week ago, he was worth $192,2 billion. Can you imagine having just shy of $2 billion shaved off your net worth and knowing that it doesn’t really matter at all?

Bezos, who recently announced that he was stepping down as CEO of Amazon, is so wealthy that he could buy in excess of 64 000 Bugatti Chirons, or snap up every private island on sale worth more than $50 million, and still have change left over.

He could also end hunger in the US seven times over, if he zeroed in on a single cause.

The rise and rise of his wealth has been tied to the increased valuation of Amazon, and Forbes has managed to summarise that journey into a three-minute video:

When Jeff Bezos took Amazon public in 1997, Wall Street was skeptical of the bookselling website founded in a Seattle garage. The year after Amazon’s IPO, Bezos made Forbes’ annual list of the 400 richest Americans for the first time thanks to his 42% stake in the company, worth $1.6 billion at the time.

Over two decades later, Amazon is one of the largest ecommerce companies in the world.

He’s done alright.

Must be nice:

[source:forbes]

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