There’s always been a lot of debate about who the richest person in the world really is, because, unless there’s a system that accurately counts real, cold hard cash and the estimated price of stocks and investments, no one can really know for sure. However, that doesn’t mean that we can’t go off of the information we do know, and, according to a recent report in Bloomberg, Amazon CEO Jeff Bezos’ net worth has now reached an insane $105.1 billion, meaning that, yep, he has more money than anyone ever has.
So, how did Jeff Bezos’ net worth get to be so high? Well, everyone has seemed to move towards online shopping, and his Amazon services is unmatched when it comes to delivering the goods. How do we know that online shopping has become such a hit? Look no further than the amount of money Jeff Bezos has coined in the first week of 2018, which was reported by Inc. to be an absurd $6 billion-plus. But, even more impressive, is the fact that Bezos has, reportedly, seen his net worth skyrocket an unbelievable $50 billion in just two years, per Forbes, which is more than the entire gross domestic product of entire countries like Iceland, Greenland or Monaco, among others, over the same period.
Digging deeper into the numbers, per Bloomberg, Jeff Bezos’ net worth was certainly helped by Amazon’s strong five-week period from Thanksgiving to Christmas, where the online retailer captured 89 percent of online spending. Think about that, nearly nine out of 10 people shopping online were buying from Amazon. That’s just ridiculous, and goes to show the stranglehold that Bezos’ company has on the marketplace.
There may not be step-by-step tips to become a billionaire — although Bill Gates once offered up a few tips to at least give us some hope we can achieve such wealth — but it’s interesting to see how a few guys who have been the richest person in the world do make such cash. In fact, Bill Gates, who is believed to have once eclipsed the $100 billion net worth mark once before and is currently worth $92 billion, has so much money that he has donated $36 billion to charity, mostly giving to the world’s largest private philanthropic foundation, the Bill and Melinda Gates Foundation.
Back to Jeff Bezos’ net worth real quick, though. In a fun little exercise, the aforementioned Inc. article wanted to breakdown just how much the $6.1 billion Amazon’s CEO has made so far this year would go. Here’s what they were able to conclude:
- Assuming you make a respectable $73,000 a year, it would take you 83,561 years to earn that much money
- The $6.1 billion is more than the GDP of 42 countries
- With that money, Jeff Bezos could buy back into his company by purchasing a 2nd generation Amazon Echo, which retails for for $99, for every single household in the United States
And, with that, Jeff Bezos has officially become the American dream. Man, that’s so much money, guys.