Jeff Bezos net worth: how much money the Amazon founder makes

Jeff Bezos is one of the richest people in the world. The businessman is currently in second place on the Forbes magazine list of billionaires, surpassed only by Elon Musk.

Jeff Bezos net worth: how much money the Amazon founder makes

According to the latest real-time Forbes list update, Jeff Bezos has a net worth of around $210.7 billion. The Amazon founder was the first person to break the $200 billion benchmark and, since reaching it, has been surpassed only by Tesla CEO Elon Musk, whose fortune stands at $296.2 billion.

Bezos earned most of his wealth from serving as CEO and founder of Amazon. Like many billionaires, Bezos’s wealth was not derived from the income he received from his job.

From 1998 to 2021, Bezos earned a base salary of $88,840, with additional compensation bringing the total to more than $1.6 million each year. While that’s a much higher salary than most Americans earn, it’s nowhere near a total of more than $200 billion. When he stepped down as CEO of Amazon, Bezos owned 10.3 percent of the company’s stock, which is where most of his wealth comes from.

Jeff Bezos, some facts about his fortune

Jeff Bezos founded Amazon in 1994 from his garage in Seattle. The businessman resigned from his position as CEO on July 5, 2021, to become executive chairman of the company.

Amazon was one of the companies that thrived during the pandemic, seeing its revenue in 2020 grew 38% due to people making a lot of purchases online. However, during the pandemic, the company and Bezos received criticism for their treatment of warehouse workers during the contingency.

In addition to his stake in Amazon, Bezos owns The Washington Post and Blue Origin, an aerospace company that is developing rockets for commercial use.