Jeff Bezos is an American businessman, philanthropist, and space explorer. He is probably best known for starting the online store Amazon.com. Jeff Bezos started Amazon.com and is the company’s CEO, president, and chairman of the board. In July 2017, he was worth more than Bill Gates for the first time. Between October 2017 and January 2021, he was always the richest person in the world. Jeff Bezos has a net worth of $107 billion as of this writing.
According to the company’s most recent SEC filing, Jeff owns 55 million Amazon shares, which is about 12% of all the shares that are currently in circulation. At his highest point, he owned 80 million Amazon shares. Jeff gave 19.7 million shares to MacKenzie Bezos as part of their divorce settlement in April 2019.
At the time of the change, the shares were worth $36 billion. Jeff’s net worth dropped from $150 billion to $114 billion because of the settlement. Jeff also put money into Google.com before it went public. He owns at least $1 billion worth of shares in what is now called Alphabet Inc.
Jeff wasn’t even in the top 10 or 20 richest people on the planet for most of the 2000s. Late in 2014, Amazon stock started to go through the roof. Jeff was worth $50 billion in July 2015. Both his net worth and the value of the stock had doubled in less than two years.
Bill Gates was the richest person in the world until July 27, 2017, when Bezos passed him. Amazon’s market cap went over $1 trillion in September 2018. Before he got divorced, he still had 80 million shares. At that point, Jeff’s net worth was worth more than $170 billion, which was an all-time high at the time.
Jeff Bezos Net Worth
Amazon.com was initially started by Jeff Bezos, who also serves as the company’s CEO, president, and chairman of the board. In July of 2017, he became the first person to exceed Bill Gates in terms of fortune. Between October 2017 and January 2021, he maintained his position as the wealthiest individual in the planet without a break. As of the time this article was written, Jeff Bezos possesses a net worth of $107.
Was Jeff Bezos Ever the Richest Person of All Time?
After making adjustments for the effects of inflation, Jeff’s peak net worth of $200 billion does not even place him in the top 10 of our ranking of the richest people in the history of the world. If we use the figure of $200 billion, that would be the 11th largest wealth that has ever been accumulated by a single human being (counting inflation). For the sake of reference, when oil mogul John D. Rockefeller passed away, his net worth was estimated to be $340 billion after adjusting for inflation.
Could Jeff Bezos Become a Trillionaire?
Anything can happen! But if he just wants to become a trillionaire through his Amazon shares, it seems like a very high goal. Jeff owns 12% of Amazon’s shares, which means that he is worth, on paper, $120 billion for every $1 trillion market cap. In other words, for Jeff to become a billionaire based only on his Amazon shares, the market value of the company would have to be more than $8.3 trillion.
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Real Estate And Assets
Jeff and MacKenzie bought a mansion in Beverly Hills, California, for $24.5 million in 2007. It was on 2 prime acres and had a pool. They bought the house next door for $12.9 million in 2018. As part of their 2019 divorce settlement, MacKenzie got these two homes, which are now one big house. In August 2022, MacKenzie said that she had given the properties to the California Community Foundation, which is a charity. At the time of the donation, the total value of the two properties was about $55 million.
On February 12, 2020, it came out that Jeff had bought two properties in Beverly Hills for $255 million. The Jack L. Warner estate, which was the first property, cost $165 million. The estate is on 10 beautiful acres in the middle of Beverly Hills. The main house is 13,600 square feet. David Geffen, a big name in the entertainment business, was the one who sold the property. He bought it for $47.5 million in 1990.
The second property that Bezos was said to have bought in February 2020 was Enchanted Hill, a 120-acre hilltop that was empty. The land was bought for $20 million in 1997 by the estate of late Microsoft founder Paul Allen. Even though the property is mostly full of weeds, it does have a 1.5-mile driveway and a well-kept bluff at the top. A month after the news of the purchase came out, the deal fell through. So the $165 million Jack L. Warner estate was Jeff’s last piece of real estate in February 2020.
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