- Amazon founder Jeff Bezos, the richest man in the world, announced Wednesday that he’s getting divorced.
- Bezos’ current net worth is around $US137 billion.
- We calculated how much Bezos makes in one year, month, week, day, hour, minute, and second using net worth figures from 2017 and 2018.
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 $US137 billion.
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 $US78.5 billion, we then calculated how much Bezos earns 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.
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 $US6.54 billion a month, more than $US1.5 billion a week, and more than $US215 million a day in the last 12 months.
Per hour, he earns a whopping $US8,961,187 million – that’s roughly 315 times Amazon’s $US28,466 median annual worker pay. An Amazon worker earning the $US15 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 $US15, nor the median annual worker pay is close to how much Amazon CEO Jeff Bezos makes.
Bezos’ rate is equivalent to $US149,353 a minute. To put things in perspective, Bezos makes more than three times what the median US worker makes in year – $US45,552, according to data by the Bureau of Labour Statistics – in one minute.
In one second, Bezos also makes more than twice what the median US worker makes in one week – $US2,489 compared to $US876, respectively.
For Bezos, time is money – a lot of it.