Net worth of Jeff Bezos in 2022

Jeff Bezos net worth in 2022 is $130 billion. Bezos is a popular philanthropist and businessman. As a businessman, one of Bezos’ most successful works is e-commerce giant Amazon. He is also considered the richest person in the world today. For this article, let’s take a closer look at Jeff Bezos’ net worth in 2022.

Jeff Bezos net worth in 2022 (estimated): $130 billion

Jeff Bezos net worth in 2022 is $130 billion. This is according to reputable outlets such as Celebrity Net Worth.

Jeff Bezos was born in Albuquerque, New Mexico. He studied at River Oaks Elementary School. After moving to Miami, Bezos attended Miami Palmetto High School. While in high school at age 16, Bezos also worked at McDonald’s. But despite studying while working, Bezos graduated from high school with several awards. He was valedictorian. Besides that, Bezos was also a Silver Knight Scholar and a National Merit Scholar.

Bezos would then go to Princeton University. Here he obtained his bachelor’s degree in engineering, specializing in computer science and electrical engineering. Bezos also graduated summa cum laude.

After finishing college, Bezos got several offers from established companies such as Intel, Bell Labs and Anderson Consulting. However, he turned them down and instead worked for Fitel, a telecommunications company. At Fitel, Bezos showed his potential as he climbed the corporate ladder. He held the positions of Head of Development and Director of Customer Service.

While Bezos’ stint at Fitel was promising, the startup ultimately fell through. As a result, Bezos continued to work for Banker’s Trust. He worked here for two years and even held the position of vice president of the company.

Although already in a respectable position, Bezos left the bank. He then worked for DE Shaw, which is a hedge fund company. Here, Bezos again held the position of vice president. With DE Shaw, Bezos had the opportunity to research potential business opportunities on the internet. This led him to come up with the idea of ​​selling books online.

However, DE Shaw was unconvinced of Bezos’ idea. Therefore, him and his future wife Mackenzie Scott left the company and started her own. In 1994, Bezos and his wife launched their online bookstore called Amazon.

Although Amazon was originally a bookstore, Bezos had a vision to expand the company’s product lines. As a founder, Bezos wanted Amazon to be an “everything store”. For this reason, it wouldn’t be long before Amazon started selling other products such as music, movies, household items, electronics, toys, and other merchandise.

In 1997, Bezos took Amazon public with an IPO. In the same year, Bezos’ net worth reached $120 million. Given the growth of online shopping and a wider range of consumer goods, Bezos became a billionaire a year later.

Apart from consumer goods, Bezos and Amazon also launched Amazon Web Services in 2002. Amazon Web Services provided cloud computing platforms to various entities. In fact, Amazon Web Services has secured a lucrative business $600 million contract with the Central Intelligence Agency. Bezos also launched other subsidiaries such as Amazon Prime and Amazon Kindle.

Bezos’ annual salary was $81,000. Although Bezos does not earn much from his salary as CEO and founder of Amazon, he earns much more from company stock. Since Amazon went public in 1997, Bezos has sold about $27 billion worth of Amazon stock. This includes a sale of six million shares in 2010 that was worth $793 million. This would clearly help boost Jeff Bezos’ net worth in 2022.

While Amazon was a successful venture for Bezos, he eventually resigned as CEO of the company in July 2021. Nonetheless, he still retained 10% of all Amazon shares, which still makes him the company’s largest shareholder. Thus, this still leaves him enough power to run the business.

Although Bezos is no longer the CEO, he has other businesses as well. As the richest man in the world, it’s no surprise that Bezos started investing in personal projects. Given his interest in space, Bezos invested $7.5 billion and founded blue origin. Blue Origin is a private spaceflight company that aims to send people into space. In 2021, Bezos announced that tourism sales in space had reached 100 million dollar bills.

Besides Blue Origin, Bezos also bought The Washington Post media in 2013. He paid $250 million. According sourcesBezos bought the news organization because of his belief in journalism as an essential aspect of democracy.

Bezos not only founded companies that can be linked to his passion projects, but he also did popular investments. Some of these include a $15 million investment in social media company Twitter, Inc. Bezos has also invested in Business Insider, Airbnb, Inc., Ula, and Uber Technologies, Inc.

Financially, it looked like Bezos was on his way to more billions. However, in 2019, Bezos’ net worth took a hit. Around this time, Bezos announced he was divorcing his wife, Mackenzie Scott. Their resolution saw Scott receive $36 billion worth of Amazon stock. Although Bezos has become $36 billion poorer, he still remains the richest person in the world with $130 billion in his net worth. Nevertheless, were you surprised by the net worth of Jeff Bezos in 2022?

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