If I had one dollar for every time I heard someone complain about Jeff Bezos—I still wouldn’t be as rich as Jeff Bezos. But, at least some of us can say we’re closer to being a millionaire than he is.
Love him or hate him (or feel completely indifferent towards him), Bezos is one of the richest people in the world—which automatically makes him a target for our interest.
So, let’s make ourselves feel better about our own finances by finding how we shape up in comparison to the man himself.
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How much money Jeff Bezos makes a second.
Jeff Bezos’ wealth breakdown.
How much Amazon makes a day.
Where Jeff Bezos stashes all his money.
How Much Does Jeff Bezos Make a Second?
Based on his net worth by Forbes and our calculations, Jeff Bezos earns $308 per second. Maybe $308 doesn’t sound like much for one of the richest people in the world—but that’s just per second. To break down his wage further—that’s $18,480 a minute, $1,108,796 an hour, $26,611,111 a day, and $9.6 billion a year.
So for what he makes in a single second, Bezos could buy 135 iced coffees with a few cookies thrown in—not a bad way to start the day.
But if you know a thing or two about the filthy rich (feel free to introduce us), you’ll know their net worth is up and down faster than it’ll take you to read this article.
Entertaining for some—but tricky when figuring out how much Bezos earns in a single second.
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So, how did we do it?
Forbes would tell you that Bezos has a current net worth of $117.5 billion. Ten years ago, he had a net worth of $21.7 billion—which shows a growth of $95.8 billion. We used his net worth growth to break down his earnings into years, months—and even a single second.
But wait—nothing is that simple when it comes to billions of dollars (trust me, I did the calculations). With the constant net worth changes, it’s only fair that we also look at a figure which has stayed the same since 1988—Bezos’ Amazon salary.
Surprisingly, Bezos gets paid only $81,840 a year, plus an extra $1.6 million for security—totalling $1,681,840 per year through Amazon. Sure, $1,681,840 a year isn’t bad—but it’s a drop in the ocean compared to his overall net worth.
That’s why it’s best to look at his net worth growth to get a better idea of how much he's really making.
See related questions and answers:
How Much Money Does Jeff Bezos Have?
At the time of writing, Jeff Bezos has a net worth of $117.5 billion. Fun fact: that’s enough to buy the History Supreme (the most expensive yacht in the world) three times and still have a few billion left to spend on caviar and knick-knacks.
Bezos’ billions have landed him on Forbes’ exclusive rich list every year since 1998—and he became the richest person in the world in 2018 with a net worth of $160 billion.
Only a year later, Bezos’ net worth took a hit as he went through one of the most expensive divorces in history.
While many divorcees fight over who gets the family cat, Bezos gave up a 4% stake in Amazon to his ex-wife—worth a massive $38 billion.
He soon bounced back when a different type of event made history. While workers across the world were losing their jobs because of the pandemic, Bezos was rolling in cash after the surge in online shopping—which saw Amazon enjoy a 70% rise in earnings.
Speaking of Amazon—we can’t talk about Jeff Bezos without looking at the company that made him a high baller.
How Much Money Does Amazon Make a Day?
Amazon had a yearly revenue of $469.822 billion in 2021—about $1.29 billion a day if we break it down. (Just for fun—that’s about $14,930 in a single second).
So, Amazon earns in just 5 minutes what the average small business owner makes in an entire year (something to think about when Christmas shopping comes along). And where does all that money come from?
The obvious answer is sales—Amazon reported $127.1 billion in sales in Q3 2022 (that’s with paid ads and subscriptions). But it’s not the only thing raking in the dough—cash flow from business operations also came to $37.9 billion.
How much does Jeff Bezos own of Amazon?
After giving 4% of his stake to his ex-wife (and stepping down as CEO in 2021), Bezos currently owns 9.73% of Amazon.
We know what you’re thinking—that doesn’t seem like a lot for a guy who once owned the entire company. But he needed investors to grow it—and spread out his shares to attract them. Not that Bezos is losing sleep over his 9.73%—it’s worth $93.44 billion, covering about 90% of his overall fortune.
Where Does Jeff Bezos Keep His Money?
Ever wondered where someone keeps all that money? You can’t exactly tuck away billions of dollars in your wallet, or shove them down the side of the sofa for safekeeping.
When we talk about net worth, we’re saying how much someone owns in assets. Most billionaires have their money spread over investments, real estate, stock (and in Bezos’ case, a $165 million mansion).
Many tycoons only keep around 1% of their net worth in cash, as inflation can cause the value to fall. But according to Bloomberg, Bezos has around $14.2 billion in cash—about 8% of his overall net worth. A private bank will probably manage any cash plus assets.
Key Takeaway
With Jeff Bezos earning $308 in a single second, he’s rolling in it—big time. But it’s not all sunshine and roses. Amazon sales have been slowing down as the world returns to the new normal after the pandemic.
Global conflict and rising inflation have made things even worse—and investors are starting to turn their back on the online giant. With Amazon stock dropping 51% in 2022—the biggest decline since 2000—we have yet to see if Bezos will recover or lose his top spot in the rankings.
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