Jeff Bezos Earns So Much He Could Buy a Rolex Every Second — How Does He Make Money? [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Find Out: 29 Celebrities Who Are Even Richer Than You Think Discover: 5 Genius Things All Wealthy People Do With Their Money This is a small price tag for ultra rich individuals like founder and former CEO of Amazon Jeff Bezos, who currently has a net worth of $189.9 billion, according to Forbes as of April 2024. Divided by 525,600 minutes in the calendar year, this breaks down to $361,301 every 60 seconds — enough to purchase a Rolex watch almost every second. Here is a breakdown of three points of Bezos' wealth: Sponsored: Credit card debt keeping you up at night? Find out if you can reduce your debt with these 3 steps 1. Amazon Although he stepped down as CEO in 2021, a majority of Bezos' wealth is tied to Amazon, the e-commerce company he started in 1994. Since the beginning of the year, Bezos has been selling his shares. In the first two weeks of February, he sold over $2 billion in stock, according to filing data from the United States Security and Exchange Commissi
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News
- New FTC transcript reveals juicy details on how Jeff Bezos and other top Amazon execs used disappearing messages [Business Insider]Business Insider
- New Florida resident Jeff Bezos pumped $60 million into making lab-grown meat taste better. Ron DeSantis just banned it from the state [Fortune]Fortune
- Amazon CEO Violated Labor Laws with Anti-Union Comments, NLRB Rules [Yahoo! Finance]Yahoo! Finance
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [TechCrunch]TechCrunch
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [Yahoo! Finance]Yahoo! Finance
AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form 8-K
- AMZN's page on the SEC website