Wed. Jul 17th, 2024
How much is Jeff Bezos worth and does he still own Amazon?
Jeff Bezos speaking at a conference.

For a time, Jeff Bezos was the wealthiest particular person in the international. (Image: John Locher/AP)

It’s no longer hyperbolic to say that a few companies or services go beyond being easy shopping outlets and change into a component of the everyday existence enjoy for many.

You don’t seek for something – you Google it.

While ‘Amazon it’ has yet to moderately become the seize-on word that others have, ordering from the positioning has turn into not unusual for millions, if now not billions, of people around the globe.

Regardless Of controversies about the treatment of works and taxation, for Amazon’s founder, Jeff Bezos, the success of the corporate he started in his storage in 1994 brought monumental wealth and good fortune.

However how so much is he worth now, and does he nonetheless keep watch over Amazon?

Here Is what you wish to have to understand ahead of Channel FOUR’s new documentary The Billionaires Who Made Our International: Jeff Bezos, airing this night at 10pm.

How a lot is Jeff Bezos worth?

As is the case with many prime web-value people, Jeff Bezos’ wealth fluctuates, frequently all the way down to the fee and worth of stock.

Jeff Bezos’s present net price, as of nineteen February 2023, stands at $120.FOUR billion (approx.

In FIVE years, weâve given greater than $500 million to 167 orgs â serving to increase their strengthen of households in need. Commemorated to support those groups. https://t.co/8fulJLNrkZ pic.twitter.com/17dX56oApm— Jeff Bezos (@JeffBezos) November 22, 2022

For a time, Jeff Bezos was once the wealthiest guy in the international – a title he eventually relinquished to Telsa and House X founder Elon Musk.

Young Jeff Bezos poses with stacks of books.

Bezos based Amazon in 1994 (Image: Paul Souders/Getty Pictures)

Jeff Bezos based Amazon, the source of much of his wealth, on July FIVE, 1994, after quitting his a hit occupation on Wall Side Road.

Bezos’ folks invested a few quarter of 1,000,000 bucks within the company, with Amazon making its initial public offering on May 15, 1997 – and because then, the break up-adjusted stock worth has greater over A HUNDRED AND SEVENTY,000%.

Firstly a ebook-selling industry, the buying groceries platform has when you consider that elevated into the whole lot from growing generation to grocery delivery to a a hit streaming carrier.

Does Jeff Bezos nonetheless personal Amazon?

Again, in keeping with Forbes, the founding father of Amazon now owns just under 10% of the company – even though he is still the majority stakeholder.

While he divorced MacKenzie Scott, his wife of 25 years, he reportedly transferred round a quarter of his (then-16%) Amazon stake to her.

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