Outlook Business Desk
Jeff Bezos, the founder of Amazon, earns an astonishing $8 million per hour (approximately Rs 67.2 crore) in 2024. This amount exceeds what many people make in an entire lifetime
Despite earning $8 million per hour, Bezos’s annual salary is surprisingly modest at just $80,000 (around Rs 67 lakh). This means his salary is 100 times lower than his hourly earnings, with most of his wealth coming from Amazon shares
Bezos owns 10% of Amazon, and this stake makes up the vast majority of his wealth. His salary from Amazon has never been the primary source of his income, even during his tenure as CEO
Bezos’s net worth of $246 billion far surpasses the wealth of India’s richest individuals. He is more than twice as rich as Mukesh Ambani, whose net worth is $96.7 billion, and three times wealthier than Gautam Adani, with a net worth of $82.1 billion
Bezos founded Amazon on July 5, 1994, in a Seattle garage with the goal of creating an online bookstore. Over time, Amazon grew into the world’s largest online retailer and expanded into sectors like cloud computing, entertainment, and technology
In 2021, Bezos stepped down as Amazon's CEO and became the executive chairman. Despite this change, he remains highly influential within Amazon and continues to profit significantly from his stake in the company
Born on January 12, 1964, Jeff Bezos is considered the richest Jewish person globally. His entrepreneurial journey, from a garage startup to a global tech giant, showcases the power of innovation, vision, and determination, inspiring aspiring entrepreneurs