$197.5 Billion is the number. Yes, that number is the total estimated net worth of Jeff Bezos, the richest man in the world. It is a different thing to be rich and it is another different thing to be Jeff Bezos. Being a millionaire is a goal for a lot of people and having a few hundred million in dollars is enough money to leave for your children and family members as inheritance. How did one man become this rich since he is only paid $81,000 annually for being the CEO of Amazon, so if being the CEO of Amazon didn’t get Jeff Bezos to become the richest man living the earth currently, then what gave Jeff this amount of money.
Do not forget that in 2019 as Alimony, Jeff gave up 25% of his Amazon stocks to his divorced wife McKenzie and this made his wife a billionaire immediately. Amazon is the primary source of his net worth, and this company was founded in 1994. He currently has a 11.2% stake in the company, and the rise in Amazon’s stock price leads to a rise in his wealth. In most cases, I tell people that the money these billionaires own are paper money and not readily available in their wallet.
Amazon is a conglomerate that owns other companies including Zappos, Whole foods, Amazon Web Services, Audible, Songza, livingsocial, Goodread, Ring, Twillio, Twitch, Pill Pack, Alexa, Blink, IMDB and many more companies. The billionaire also owns Blue Origin, the Washington Posts and many other investments. Jeff Bezos is readily into real estate being one of the biggest owners of properties in the United States. Do not forget that Amazon at the beginning started by selling books online and this profitable business of online book sales is the foundation of Amazons Success.
Accumulating this kind of wealth is not a day job and Jeff Bezos has proven to be a figure of perfection for everyone who wants to be a billionaire.
Read More About Jeff Bezos
https://www.theguardian.com/technology/2020/jul/21/jeff-bezos