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What does Jeff Bezos get paid per minute?

George ForbesRoom by George ForbesRoom
in CELEBRITY NEWS
What does Jeff Bezos get paid per minute?
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According to Forbes, who records billionaire fortunes in real time, Jeff Bezos is one of the wealthiest persons on the planet, with a net worth of $190.4 billion, He competes with Elon Musk, the founder of Tesla, and Bernard Arnault, the owner of LVMH, for first place.

Bezos, on the other hand, became the wealthiest person ever to depart Earth as a newly minted commercial astronaut in late July. After the successful launch of the Blue Origin rocket’s maiden passenger mission, Amazon’s millionaire founder ascended to space.

Blue Origin launches and lands vertically using a conventional rocket with a space capsule atop it, taking just 11 minutes from launch to touchdown,

Bezos who has stood down as CEO of Amazon to pursue this passion, continued to add to his personal fortune throughout those 11 minutes of accomplishing his ambition of going to space.

There are two methods for assessing how much he has increased his net worth: utilizing data on his income or using data on his net worth change, During his time as CEO of Amazon, Mr. Bezos earned a low salary. Since 1998, his base pay of $81,840 has remained unchanged.

READ ALSO: ELON MUSK’S NET-WORTH

However, additional remuneration on top of his pay increases his total income to $1,681,840. This equates to $140,153 each month, $32,343 per week, $4,608 per day, $192 per hour, or $3.20 per minute when broken down.

Perhaps not as amazing as you might think for the world’s wealthiest man, especially when you consider that other billionaires’ take-home earnings is hundreds of times more. Mr. Musk is said to have made $595 million in 2019.

However, calculating Bezos’ net worth – estimated to have increased by $75 billion by 2020, according to Bloomberg’s Billionaire Index – yields a totally different set of numbers.

$6.25 billion each month, $1.44 billion per week, $205 million per day, $8.56 million per hour, and $142,667 per minute are the figures.

As a result, Mr. Bezos’ personal wealth could have climbed by $1.57 million during the 11-minute Blue Origin journey.

Bezos launched Amazon in Seattle in 1994 out of his garage, first as an online bookshop, after a brief career in finance after graduating from Princeton University.

Since then, the firm has developed into the online retail powerhouse it is today, and it is now the world’s largest internet company in terms of sales, as well as the world’s largest provider of virtual assistants and cloud infrastructure.

Bezos’ love for space was channeled into Blue Origin, which he founded in 2000 and launched the New Shepard spacecraft into orbit for the first time in 2015.

The newspaper The Washington Post, which he bought for $250 million in 2013, is one of his numerous other investments.

Bezos is thought to be the first billionaire, with a net worth of $100 million in 2018 and $200 million during the Covid-19 pandemic, when online purchasing became a necessity during government-sanctioned lockdowns.

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On July 5, he stepped down as CEO of Amazon and became executive chairman, with Andy Jassy, who managed the company’s cloud computing division, taking his place.

After a long separation, Mr. Bezos and his wife of 25 years, MacKenzie Tuttle, announced their divorce in January 2019.

Ms Tuttle received 25% of the couple’s Amazon stock, worth around $35.6 billion or 4% of the corporation, as part of the settlement.

She quickly rose to become one of the world’s wealthiest women and is well-known for her philanthropic endeavors, having donated $8.7 billion to more than 750 nonprofit organizations in just two years.

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