What is Jeff Bezos's Net Worth?
28Can you Guess the Net Worth of Jeff Bezos? Net worth is the excess of assets over liabilities. The assets that contribute to net worth can include homes, vehicles, various types of bank accounts, money market accounts, stocks and bonds. The liabilities are financial obligations such as loans, mortgages, and accounts payable (AP) that deplete resources.
Answers were provided by the Celebrity Net Worth website as of March 2024. https://www.celebritynetworth.com/
Jeff Bezos is an American philanthropist, businessman and space explorer who has a net worth of $202 billion (as of June 2024.) Jeff Bezos earned his fortune as the founder of Amazon.com. Jeff Bezos is the former CEO and, current president and chairman of the board of Amazon. He first surpassed Bill Gates in terms of wealth in July 2017. He was the richest person in the world without interruption between October 2017 and January 2021. He re-gained the title of the richest person the world on in March 2024, when he surpassed Elon Musk in terms of overall net worth.
According to the company's most recent SEC filing, Jeff owns 55 million shares of Amazon, roughly 12% of the total shares outstanding. At his peak, he owned 80 million shares of Amazon. As part of his April 2019 divorce settlement with MacKenzie Bezos, Jeff transferred 19.7 million shares to his ex-wife. The value of the shares at the time of the transfer was $36 billion. The settlement temporarily reduced Jeff's net worth from $150 billion to $114 billion. Jeff was also an early pre-IPO investor in Google.com and owns at least $1 billion worth of shares in what is now known as Alphabet Inc.
For much of the 2000s, Jeff was not even in the top 10 or top 20 of the wealthiest people on the planet. Amazon stock began to skyrocket in late 2014. In July 2015, Jeff's net worth was $50 billion. In under two years, his net worth (and the stock) had doubled. On July 27, 2017, Bezos took over Bill Gates as the richest person on the planet. In September 2018, Amazon's market cap topped $1 trillion. This was prior to his divorce, so he still owned 80 million shares. At that valuation, Jeff's net worth topped a then-all-time high of $170 billion.
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