How Much Does Jeff Bezos Make A Millisecond (2024)

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How much money does Jeff Bezos make in 1 hour? ›

The Wealth of Jeff Bezos: Earning $1.9 Million Every Hour — What Does He Spend It On? Jeff Bezos continues to teeter between wealthiest and second-wealthiest billionaire in the U.S. as the battle between Amazon's founder and Elon Musk rages on — according to the Forbes Real-Time Billionaires list.

To put this into perspective, Bezos earns the equivalent of the median lifetime earnings of a typical U.S. worker — $1.7 million in 2023 — in approximately 0.21 hours or about 12.76 minutes. In other words, what an average worker earns over an entire career, Bezos earns in just under 13 minutes.

Bezos made $1,681,840 in total compensation. Of this total $81,840 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $1,600,000 came from other types of compensation. This information is according to proxy statements filed for the 2023 fiscal year.

In 1994, Bezos started with nothing but a plan to capitalize on the burgeoning potential of the Internet. 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.

As of July 2024, Elon Musk had a net worth valued at 242.6 billion U.S. dollars, making him the richest man in the world. Amazon-founder Jeff Bezos followed in third, with owner of the luxury goods producer LVMH, Bernard Arnault and his family, in third.

How much money do billionaires make monthly? If you have 1,000,000,000, and you've invested your money passively to receive an income of 5% per year, multiply . 05 x 1,000,000,000 and then divide by 12= $4,166,666.67 per month pre-tax.

Each member of the Bloomberg Billionaires Index made an average of $14 million per day over the past six months, according to data compiled by Bloomberg. It was the best half-year for billionaires since the back half of 2020, when the economy rebounded from a Covid-induced slump.

Based on his current year net worth by Forbes, the tech-billionaire Jeff Bezos earns $0.005 million or $5.422 thousand per second. The number may appear small to you compared to the last number we grappled with, but so is the amount of time Jeff Bezos earns it in.

Amazon CEO Andy Jassy's compensation for 2023 totaled $29.2 million, including his base pay, the value of shares that vested during the year, and security costs, according to a new filing by the company. That was down 12% from $33.2 million in compensation in 2022.

As of January 2024, he is the fifth-richest person in the world with a net worth of $139.1 billion, according to the Forbes Real Time Billionaire's List. An increase of $84 billion in one year translates to an estimated $9.6 million per hour or approximately $230.6 million each day.

Where does Bezos live? ›

Albuquerque

Miami

Houston

Medina

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.

Amazon (AMZN) Ownership Overview

The ownership structure of Amazon (AMZN) stock is a mix of institutional, retail and individual investors. Approximately 50.56% of the company's stock is owned by Institutional Investors, 8.91% is owned by Insiders and 40.53% is owned by Public Companies and Individual Investors.

Bezos—who has a net worth of around $200 billion—launched the Courage and Civility Award in 2021 to support philanthropists. Van Jones, a lawyer and CNN commentator, and the lauded chef and humanitarian José Andrés were the first recipients of the prize.

Mark Zuckerberg Made Around $9.6 Million Per Hour Or $230.6 Million Per Day In 2023 — His Major Investments Include A 30-Bedroom/Bathroom Compound And Beer-Drinking Wagyu Cattle. Meta Platforms Inc.

Another source offers a lower figure of approximately $7.6 million per day or $319,635 per hour.

Amazon makes approximately $1.29 billion per day. Amazon has grown rapidly during the past few years, and one of the major reasons why has to do with its mobile growth. According to Statista, Amazon has more than 25 million mobile downloads per month, which is a staggering amount that is only continuing to grow.

EV maker Tesla and SpaceX owner and tech billionaire Elon Musk earns approximately $6,887 per minute, $413,220 per hour, $9,917,280 per day, and $69,420,960 per week, the media has report.