How much does Jeff Bezos make a second?
Introduction
The world that we live in is a deeply unequal one.
Some people work three jobs, struggling to get by, while their boss sits on the board, offering a fraction of the effort for a massive disparity in pay.
The era of the billionaire has been around for some time, but today, it feels more egregious than ever before.
That is why, when it comes to big-name moneymakers, we know more about these people than ever.
From the likes of Elon Musk to Jeff Bezos, these billionaires are now some of the most well-known faces in society.
While in the past, billionaires would often be shadowy figures who you could not pick out of a line-up, now they are celebrities.
This has increased people’s tolerance of such massive wealth disparity, as they see a more human side to these people.
It also makes us more interested in just how rich they are.
For example, have you ever wondered how much Jeff Bezos makes in a second?
If you have, read on – we have the details below, and they will make you wonder how this is even possible!
The Origin Story
© Guliver / Getty Images
Born on the 12th of January 1964, Jeff Bezos is an American business mind and media master.
He has been involved in Amazon since its foundation since he founded the company.
Acting as founder, executive chairman, and former president and CEO, Bezos has turned Amazon into arguably the biggest company in the world.
He is, at the time of writing, the third richest person in the world, with a net worth believed to be as high as $180 billion.
Vint Cerf and Jeff Bezos attend Genius Gala 4.0 at Liberty Science Center – @Getty
From 2017 to 2021, he was the richest man in the world and still hangs close to those at the very top of the table.
The two people who are ahead of Bezos are Elon Musk and Bernard Arnault and his family. Only six people in the world – the tree above, Larry Ellison, Warren Buffett, and Bill Gates – have a net worth exceeding $100bn.
An Albuquerque native who grew up in Texas and Florida, Bezos holds electrical engineering and computer science degrees.
He worked his way up the ladder until he founded Amazon in 1994.
Since then, he has turned the company into one of the most prominent businesses in the world – try as you may, you probably use Amazon regularly.
Alongside Amazon, he is involved in programs like Blue Origin, his sub-orbital spaceflight firm, and other investments via his group Bezos Expeditions.
Does Jeff Bezos Make Money From Amazon?
Jeff Bezos and honoree Lauren Sánchez attend the TIAH 5th Anniversary Soiree at Private Residence on August 26, 2023 in Los Angeles – @Getty
He has been paid a base salary of $81,840 annually. However, he gets other forms of business support from Amazon, with around $1.7m made annually from his salary, security, and travel expenses at Amazon.
Of course, though, he creates a lot more money than this in his life.
Just going on his Amazon salary, though, he makes around $0.10 per second – around $390 an hour. For many people, that is dream money.
Even with the money that Bezos makes from Amazon, you could have a very comfortable and happy life.
With an average of around $4.5k per day coming from Amazon’s salary alone, Bezos would probably never need to make another investment in his life, and he could still live as one of the most comfortable people on this planet just by staying at the head of Amazon.
How Is Jeff Bezos So Rich, Then?
Jeff Bezos, Founder & Ceo Of Amazon.Com, Poses For Portrait January 1, 1997 In Seattle – @Getty
Given that he “only” makes the above sum from Amazon, how has he amassed such astonishing wealth? It comes from his stock in Amazon.
He has made most of his money because Amazon’s stock price stays strong.
Bezos owns around 9.56% of company shares, allowing him to turn over an eye-watering amount of money just from his ownership of the shares in the company. That should give you some idea about how he is so wealthy.
Amazon is one of the highest-profile companies in the world, turning over billions of dollars per year.
Thanks to its massive reputation within the eCommerce and cloud computing space, it is a global giant.
For many people today, getting rid of Amazon would be almost impossible; they gain too much from partnering with the company to ever think about moving on.
Lauren Sánchez and Jeff Bezos, Founder and Executive Chairman of Amazon attend “The Lord Of The Rings: The Rings Of Power” Los Angeles Red Carpet Premiere & Screening on August 15, 2022 in Los Angeles – @Getty
How Much Does Jeff Bezos Make Per Second?
So, between 2020 and 2022, it was believed that Bezos and many other big-name billionaires saw his net worth drop by a massive amount. Even at that time, Jeff Bezos was still believed to be worth an obscene amount of money. For example, a union in the United Kingdom, TUC, reported that Bezos made in a second what it takes one of his warehouse workers in the UK to make in eight weeks. That is staggering.
In 2024, though, his wealth is even higher thanks to a bounce back for billionaires in the aftermath of the 2020-2022 era. For Jeff Bezos, it is believed that in 2024, he will make a whopping $8,961 per second!
This comes primarily from his ownership of Amazon, but he also has his hand in many other pies in terms of investments.
He is someone who has played a huge role in building his company up to be one of the biggest in the world, so it would be fair to say that he has earned that money.
Still, when you see those figures written down in front of you, it is hard not to see your eyes pop out of your head.
Nearly $9,000 per second – it is hard to imagine making that in a month for most people, never mind being able to create that in a week. Bezos, meanwhile, clears the kind of monthly salary that most people could live royalty on in a signed second.
Lauren Sánchez and Jeff Bezos attend the Staud fashion show during New York Fashion Week at The Plaza Hotel – @Getty
The level of wealth that Bezos and people in the billionaire class make it impossible to spend.
How could you possibly find a way to pay nearly $9,000 per second? It would take an unbelievable amount of effort even to spend that in a minute!
So, Jeff Bezos turns over in a second more than most wealthy people can make in a month.
While many feel jealous about this fact, as is their right, it would also be fair to congratulate him for turning himself into such a money-making machine throughout his life.
Family dynasties have worked for decades to try and build something even close to that kind of income.
It might feel unfair, but fair play to Bezos.
How Much Does Jeff Bezos Make per Day?
In 2024, it is estimated that Bezos makes an estimated $774 million per day. This figure comes primarily from his ownership of Amazon, but he also has investments in many other ventures.
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As the owner of FamousPeopleToday.com and managing editor, Bulgarea Candin Stefan leads the way in creating informative and insightful content on celebrity net worths. His professional, authoritative voice shines through every article, providing readers with valuable, unique information.