What is the Net Worth of Jeff Bezos in 2022 ?
In addition to being a philanthropist, industrialist, and owner of a set of worldwide media outlets, Jeffrey Preston Bezos is an American businessman and internet investor.
Jeff Bezos has been the creator and CEO of the e-commerce behemoth Amazon since 1994, as everyone knows. The 56-year-old is regarded as the world’s wealthiest individual and has been dubbed “the richest man in contemporary history.”
According to Forbes, Jeff Bezos will be the first individual in recent history to have a net worth and wealth of more than $ 204 billion by 2020.
In July 2017, he topped Bill Gates in terms of wealth for the first time.
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Table of Contents
Early life
Jeff Bezos is an American computer engineer and businessman who was born on January 12, 1964, in Albuquerque, New Mexico.
His mother, Jacqueline Guess, got married to his father, Ted Jorgensen at a very young age, and after their divorce, she married Miguel Bezos, a Cuban immigrant, who adopted Jeff as his son.
Bezos has always been interested in science and technology, and in 1982 he received a scientific prize from the University of “Florida.” He worked on “Wall Street” in the fields of computer technology and finance before founding “Amazon” in 1994 with the basic notion of selling books over the Internet.
The initiative grew in popularity and eventually became worldwide in 1997. In 1998, the site began to extend its offerings by adding CDs and videotapes, and in 2002, it began selling clothing. In 2003, the site also launched the A9 search engine, which is a specialized search engine for e-commerce trade sites.
As the corporate logo shows, “Amazon” now supplies all of the things that a consumer would require over the Internet, “from A to Z.”
Other projects
He created Blue Origin, a human spaceflight startup firm, in the year 2000. Extraordinary stuff such as the evolution of human existence throughout the solar system or even space flight has always fachinated Bezos.
Since 2016, he has been more open about his ambitions to colonize the solar system, and he has started selling $1 billion in Amazon stock each year to fund Blue Origin’s development.
In 2008, Carnegie Mellon University awarded him a doctorate in Science and Technology; an honorary one.
Bezos’ interests were not limited to technology and space, but also included journalism and sustainable energy, as evidenced by his purchase of the American daily “Washington Post” for a quarter of a billion dollars in 2013.
Bezos and others have invested in the “Breakthrough Energy” firm Investments, which seeks to invest in innovative renewable energy technologies.
Personal life
Jeff Bezos married MacKenzie Tuttle, whom he met while working at D.E. Shaw, in 1993, and the couple now lives in Seattle with their four children, doing a lot of philanthropic work.
However, in 2019, he announced his divorce from McKinsey, who earned 25% of the Amazon shares they owned, raising her worth to $ 57 billion.
Following the news, Jeff’s net worth increased to $114 billion.
The Net Worth of Jeff Bezos as of 2022
Bezos purchased two residences in Beverly Hills for $ 255 million on February 12, 2020:
The Jack L Warner estate, the first property, cost $ 165 million. The estate is set on ten lush acres in the heart of Beverly Hills and includes a 13,600-square-foot main residence.
The second property is Enchanted Hill, a 120-acre hilltop that is still undeveloped. Despite the fact that much of the land is overgrown with weeds, it does include a 1.5-mile driveway and a groomed cliff at its apex.
He purchased a house in Washington, D.C that cost him over $23 million in 2018. A former museum that consists of two buildings with a total living area of 27,000 square feet.
He purchased a $12.9 million Beverly Hills property in July 2018.
He bought a $ 24.5 million residence next to his Beverly Hills property in 2007.
$50 million residence in Medina, Washington, purchased in 2005; $10 million 5-acre property in Medina, Washington, purchased in 1999.
There are 300,000 acres in Texas, including many ranches, and 100,000 acres in other regions of the country.
In Manhattan’s 25 Central Park West, there are three units.
So, could he become a Trillionaire?
Anything is conceivable! Despite the COVID-19 virus spreading over the planet and his recent divorce costing him $ 38 billion, Jeff Bezos’ net worth is rapidly increasing in 2022, and he appears to be on his path to being a trillionaire by 2026.
According to a Comparisun research, Jeff Bezos will become the first trillionaire by 2026 if his fortune continues to rise at a rate of 34 percent each year.
To put it another way, for Jeff to become the first billionaire to rely only on Amazon stocks, the company’s market value would have to exceed $ 8.3 trillion, since he owns 12% of the company’s equity.
His Net Worth throughout the years
- June 1998 – $1 billion
- June 1999 – $10 billion
- March 2000 – $6 billion
- December 2000 – $2 billion
- September 2001 – $1.5 billion
- September 2003 – $2.5 billion
- September 2004 – $5.1 billion
- September 2005 – $4.1 billion
- September 2006 – $4.3 billion
- September 2007 – $8.7 billion
- September 2008 – $8.2 billion
- September 2009 – $6.8 billion
- September 2010 – $12.6 billion
- September 2011 – $18 billion
- December 2012 – $23.2 billion
- October 2013 – $29 billion
- December 2014 – $30.5 billion
- July 2015 – $50 billion
- October 2016 – $45 billion
- December 2017 – $73 billion
- July 2018 – $150 billion
- September 2018 – $170 billion
- April 2019 – $114 billion
- August 2020 – $204.6 billion
As of 2022 the Net Worth of Jeff is said to increase more and more to become soon a trillionaire by 2026.
Quotes
“I didn’t think I’d regret trying and failing. And I suspected I would always be haunted by a decision to not try at all”.
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