Other compensation, including the founders security and business travel expenses, add up to $1.6 million. In addition to Amazon, Bezos owns space travel company Blue Origin and media publisher The Washington Post. Access your favorite topics in a personalized feed while you're on the go. To read our full stories, please turn off your ad blocker.We'd really appreciate it. After his mother divorced his father, she married Cuban immigrant Miguel . Photo courtesy byCareer-Intelligence // There's a lot of talk about it. 2019 Proxy Statement filed Thursday with the Securities and Exchange Commission, the e-commerce and cloud giant disclosed that Bezos was paid a base salary of $81,840 in 2019, the same as in 2018 and 2017. This means, that over the past six months, Bezos has lost $10 billion a month, approximately $391 million dollars a day, and $16 million an hour. He says that in cities like San Francisco and New York annual compensation for experienced assistants can reach $500,000, but most are in the high five figures and are undervalued for their hours and work. That means that in just one minute, the Amazon chief makes well over three times what the median US worker makes in a year: about $41,000, according to Bureau of Labor Statistics data. From 2014 to 2017, Hewitt worked for Helix on an offshore oil rig, about 84 hours a week. Paul Souders/Getty Images. We may earn a commission from links on this page. His fortune has become so vast that it can be compared to the British monarchy and the GDP of entire countries. The requests kept coming. In other words, he makes more in one week than the median Amazon worker. Hiatt was very clever and explained to Bezos that she would start her estimation with the population of the city, then figure out how many homes the city has, etc. Last year she spoke at 183 events in 41 countries, charging up to $10,000 a day. Copyright 2023 Market Realist. Email from Jeff Bezos to employees. What Bezos makes per second is shocking. In addition to that core income, he's entitled to a range of other perks. Annual SalaryMonthly Pay25th Percentile$34,000$2,833. Jeff Bezos Makes More in One Second Than Many People Make in a Week Taking into account his rising net worth over the past few years, Bezos makes about $8.99 billion per month, $2.25 billion. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. All Rights Reserved. Visit a quote page and your recently viewed tickers will be displayed here. We believe that all Company-incurred security costs are reasonable and necessary and for the Companys benefit, and that the amount of the reported security expenses for Mr. Bezos is especially reasonable in light of his low salary and the fact that he has never received any stock-based compensation, Amazon said in an SEC filing on Thursday. Around 51 were in his possession. The Amazon CEO's wealth also exceeds the GDP of Iceland, Luxembourg, and Sri Lanka combined, according to World Bank data. Learn how you can help create a productive, creative, and compassionate work culture. In comparison to Bezos' net worth, it would be the equivalent of someone making $60,000 a year buying a $75 house. Number of Investments 34. (AP) Jeff Bezos, founder and CEO of Seattle-based Amazon.com ( AMZN) failed his way to mega . Low-Kramen is a regular on Braziers tour. At birth he was actually named Jeffrey Preston Jorgensen. Low-Kramen, she says, was a constant lifeline. Our site uses cookies. Each has shelled out $1,500 for the two days from her own pocket or her companys funds. Bezos and other billionaires who own stocks can turn them into cash without having to sell them. Find out what youre really worth using tools like Glassdoor. Shaw & Co. to start Amazon in Seattle. For Bezos, who handled a wide range of businesses spanning retail, technology, media and space, the tool was extremely effective. 6. His parents invested $300,000 in Amazon with the money they gave him. Bezos is entitled to a salary at Amazon. // ]]> Megan Broussard is a storyteller from New York City. Consumer services are a subsector of the industry. Right after Bezos announced his divorce from MacKenzie in January 2019 Jeff Bezos Net Worth 2023. Tech moguls are now. Jeff Bezos and rumored fiance Lauren Sanchez are still going strong, as the pair were snapped arriving in Los Angeles aboard a $65 million private jet Tuesday. the first Forbes 400 data on American billionaires was published. What would make need loans? If you send me a rsum that has typographical mistakes, misspelled words and, we get this all the time, somebody who doesnt know the difference between principle and principal, Im not interested, she says with a wave of her hand. For the past three years, Amazon has spent $1.6 million annually in this category. var sharebutton_is_horizontal = false; document.write('