Sunday, November 15

How Much Is Jeff Bezos Networth? Amazon Stock and Beyond

How much is Jeff Bezos networth? See what Amazon shares, Blue Origin and other holdings add up to, and why the estimate keeps changing.

how much is jeff bezos networth - Jeff Bezos at Amazon Spheres Grand Opening in Seattle - 2018 (39074799
Image: Jeff Bezos at Amazon Spheres Grand Opening in Seattle - 2018 (39074799225) (cropped2).jpg (CC BY 2.0, Wikimedia Commons, Seattle City Council from Seattle)

When people ask how much is Jeff Bezos networth, they are mostly asking about Amazon. The company he founded in 1994 is still the engine of his fortune, even though he stepped down as chief executive in 2021 and moved to the role of executive chairman.

How much is Jeff Bezos networth today?

Forbes and Bloomberg have both listed Bezos among the top few richest people in the world for years, with a reported fortune in the low-to-mid hundreds of billions of dollars. That is about as exact as I would go. On some days in recent years he has been second only to Elon Musk, and for a period he was first.

Where the money comes from

Amazon shares

By far the largest part is his remaining stake in Amazon, which is a listed company. He has sold large blocks over the years, including several billion dollars of stock in the early 2020s and again more recently, but he still holds a significant percentage.

Blue Origin

He founded the space company Blue Origin in 2000 and has funded it largely from the proceeds of his Amazon share sales. It is private, so its value is an estimate.

The Washington Post and other assets

In 2013 he bought The Washington Post for a reported $250 million in a personal purchase. He also owns real estate in several US states, and has invested in startups through Bezos Expeditions.

How the wealth changes

Most of the swings come from Amazon’s share price. A strong quarter can add many billions in a day, and a weak one can take them away. His personal sales of stock convert part of that paper wealth into cash, and he has used that cash for Blue Origin, philanthropy and investments.

The divorce factor

In 2019, his divorce from MacKenzie Scott led to a settlement in which she received about a quarter of his Amazon shares, a stake then worth tens of billions of dollars. That reduced his holdings and made her one of the richest women in the world at the time. She has since pledged to give away a large part of the fortune.

Philanthropy

Bezos has made several large pledges, including the Bezos Earth Fund and a donation to a childhood programme, which also affect his net worth over time, since gifts lower the amount of assets he holds.

How to cite the number

Write something like: “Forbes estimated Jeff Bezos’s net worth at about [range] as of [date].” Make sure to add the date. Because Amazon is listed, the part of the estimate that depends on shares is fairly solid, while Blue Origin is a guess.

Questions people ask

Is he still the head of Amazon?

He stepped down as CEO in July 2021 and is now executive chairman. Andy Jassy is the CEO.

Is Amazon the only source of his wealth?

It is the biggest by a wide margin. Other holdings are smaller in comparison.

Does he pay taxes on his wealth?

He pays tax on income and on gains when he sells shares. Net worth itself is not taxed in the United States, and rules vary elsewhere.

How his wealth compares over time

Bezos first appeared on the Forbes billionaire list in the late 1990s, when Amazon was a young online bookseller that had just gone public. By the end of that decade he had become a billionaire on paper. For two decades after that, the growth of Amazon Web Services, Prime and the marketplace pushed the company’s value into the trillions, and his fortune followed. He became the first person to be reported above one hundred billion dollars in 2018, which was a milestone widely covered at the time. Since then he has sold stock repeatedly, and those sales are disclosed in public filings, which is one of the reasons his net worth is easier to estimate than that of founders who hold mostly private companies. Even so, the exact number on any day depends on Amazon’s closing price.

What to watch next

Two things will matter most for the estimate in the coming years: Amazon’s share price, and the pace of his own stock sales. If he keeps selling large amounts to fund Blue Origin and philanthropy, his Amazon stake will shrink as a percentage even if the company grows, while the cash and other assets rise. Readers who follow the topic can check Amazon’s annual proxy statement and insider filings, which are free on the SEC website, to see how many shares he holds. That is the most reliable primary source available, and it is far better than copying a number from a social media post.

*Not financial advice. All figures are estimates from public reports.*

More like this: browse our Celebrity Net Worth section. For background, see the Wikipedia entry.

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