• Revision ID 84987 REVISION
  • 2018-08-23 08:55:29
  • by Lucas Gleba (talk | contribs)
  • Note: Fact-checked and redacted
  • Revision ID 84989 REVISION
  • 2018-08-23 08:57:23
  • by Lucas Gleba (talk | contribs)
  • Note: Corrected misspelling
 
   
Title Title
Jeff Bezos' net worth increased more than $3,000 per second on average in the first five months of 2018 Jeff Bezos' net worth increased more than $3,000 per second on average in the first five months of 2018
Summary Summary
Jeff Bezos' net worth rose by $40 billion from January to May 2018; on average, $30,000 every ten seconds. Jeff Bezos' net worth rose by $40 billion from January to May 2018; on average, $30,000 every ten seconds.
Highlights Highlights
Content Content
<strong>Jeff Bezos' received $1,681,840 as annual compensation in 2017</strong>. $81,840 of which were as base pay and 1.6 million in other forms. <strong>Jeff Bezos' received $1,681,840 as annual compensation in 2017</strong>. $81,840 of which were as base pay and 1.6 million in other forms.
The billionaire owns 16% of Amazon. With the increase of Amazon's stock price, his net worth has risen $40 billion in first five months of 2018, an average of $30,000 every ten seconds, <strong>more than the $28,446 the median-earning Amazon worker worldwide makes in a year</strong>. The billionaire owns 16% of Amazon. With the increase of Amazon's stock price, his net worth has risen $40 billion in first five months of 2018, an average of $30,000 every ten seconds, <strong>more than the $28,446 the median-earning Amazon worker worldwide makes in a year</strong>.
Note that these $40 billions are not money Bezos' <em>made</em> the same way one earns a salary but were rather <strong>the increase in the price the market was willing to pay</strong> for his property. In other words, it's not money he <em>took</em> from someone else but the increase in the amount he <em>could</em> make if he sold his Amazon shares at market price.  Note that these $40 billion are not money Bezos' <em>made</em> the same way one earns a salary but were rather <strong>the increase in the price the market was willing to pay</strong> for his property. In other words, it's not money he <em>took</em> from someone else but the increase in the amount he <em>could</em> make if he sold his Amazon shares at market price.
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Sources Sources
<p><a href="https://www1.salary.com/Jeffrey-P-Bezos-Salary-Bonus-Stock-Options-for-Amazon-Com-Inc.html">&#8220;Jeffrey P. Bezos &#8211; Executive Compensation&#8221;, salary.com</a></p>  <p><a href="https://www1.salary.com/Jeffrey-P-Bezos-Salary-Bonus-Stock-Options-for-Amazon-Com-Inc.html">Jeffrey P. Bezos Executive Compensation, salary.com</a></p>
<p><a href="http://time.com/money/5301812/jeff-bezos-net-worth-2018-amazon-worker-salary/">&#8220;Jeff Bezos Is Already $40 Billion Richer This Year—While the Typical Amazon Worker Has Made Just $12,000&#8221;, time.com</a></p>  <p><a href="http://time.com/money/5301812/jeff-bezos-net-worth-2018-amazon-worker-salary/">Jeff Bezos Is Already $40 Billion Richer This Year—While the Typical Amazon Worker Has Made Just $12,000, time.com</a></p>
<p><a href="https://www.forbes.com/profile/jeff-bezos/">&#8220;Jeff Bezos &#8211; CEO and Founder, Amazon.com&#8221;, forbes.com</a></p>  <p><a href="https://www.forbes.com/profile/jeff-bezos/">Jeff Bezos CEO and Founder, Amazon.com, forbes.com</a></p>
<p><a href="https://finance.yahoo.com/quote/AMZN/">&#8220;Amazon.com, Inc. (AMZN)&#8221;, finance.yahoo.com</a></p>  <p><a href="https://finance.yahoo.com/quote/AMZN/">Amazon.com, Inc. (AMZN), finance.yahoo.com</a></p>

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