How Much Money Amazon CEO Jeff Bezos Makes Every Day, Hour ...
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Jeff Bezos, the richest person in history, announced on Wednesday that he and his wife of 25 years, MacKenzie Bezos, are getting a divorce.
In 9 US states, including the Bezos' home state of Washington, divorce laws state that everything acquired throughout the marriage from real estate to income is considered joint property.
Bezos' current net worth is around $137 billion.
Read more: Jeff Bezos is the richest person alive — here's how he makes and spends his billions
We calculated the Amazon CEO's annual earnings by finding the difference between his 2017 and 2018 net worths (calculated in October of each year) as provided by the Forbes 400 list. But what does that translate to per month, or even per second? From his annual earnings, which we determined to be $78.5 billion, we then calculated how much Bezos makes in smaller time frames.
Business Insider previously calculated Bezos' annual and hourly earnings using Forbes' annual billionaire's list, published every March, but we've updated these calculations using the latest Forbes 400 list, published on October 3.
This estimation of Bezos' wages are being used for the sake of comparison. A large portion of his wealth is tied to Amazon stock, which can increase or decrease in value at any given time. This calculation is also not reflective of Bezos' exact salary from Amazon.
At the annual earnings rate Business Insider calculated — again, an estimation based on the change in his Forbes net worth year-over-year — Bezos has earned $6.54 billion a month, more than $1.5 billion a week, and more than $215 million a day in the last 12 months.
Per hour, he makes a whopping $8,961,187 — that's roughly 315 times Amazon's $28,466 median annual worker pay. An Amazon worker earning the $15 minimum wage would need to work about 597,412 hours, or 24 hours a day for about 68 years, just to earn what Bezos makes in one hour.
But neither Amazon's recent minimum wage increase to $15, nor the median annual worker pay is close to how much Amazon CEO Jeff Bezos makes.
Bezos' rate is equivalent to $149,353 a minute. To put things in perspective, Bezos makes more than three times what the median US worker makes in year — $45,552, according to data by the Bureau of Labor Statistics — in one minute.
In one second, Bezos also makes more than twice what the median US worker makes in one week — $2,489 compared to $876, respectively.
For Bezos, time is money — a lot of it.
- Read more:
- Amazon CEO Jeff Bezos and his wife, MacKenzie, announce they are divorcing
- A look inside the 25-year marriage of the richest couple in history, Jeff and MacKenzie Bezos — who met at work, were engaged in 3 months, and together owned more land than almost anyone else in America
- We did the math to calculate how much money Jeff Bezos makes in a year, month, week, day, hour, minute, and second
- See inside the secretive Seattle suburb that's home to Jeff Bezos and Bill Gates, where streets are lined with opulent waterfront mansions behind tall gates and security cameras
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