Jeff Bezos is the founder of Amazon and one of the wealthiest businesspeople. According to Forbes’ Real-Time Billionaires Index, his net worth of $192.2 billion makes him the second richest person globally.
This article will discuss how much Jeff Bezos makes a second, his net worth, his source of income, and his philanthropic efforts. We will also compare his net worth to the other top 5 billionaires.
How Much Does Jeff Bezos Make A Second
According to Forbes’ Real-Time Billionaires Index, Jeff Bezos’s earnings per second are $6,094.62, based on his net worth.
His major income comes from his ownership of Amazon, which, according to the Securities and Exchange Commission, holds 11.5% of the company’s shares. He also invests in ventures such as Blue Origin (a space exploration company) and The Washington Post.
He has also invested in companies like Uber, Airbnb, Grial, etc.
Let’s break down his earnings to understand how much he makes per second, minute, hour, day, and week.
| Time Frame | Earnings |
|---|---|
| Per Second | $6,094.62 |
| Per Minute | $365,677.32 |
| Per Hour | $21,940,639.27 |
| Per Day | $526,575342.47 |
| Per Week | $3,686,027,397.26 |
Note: Per-second income is calculated based on his Net Worth.
Our Methodology
To calculate Jeff Bezos’ earnings per second, we followed these steps:
1. We obtained Jeff Bezos’ estimated net worth from Forbes’ Real-Time Billionaires Index as of 2024: $192.2 billion. We obtained other information related to his ownership in Amazon with help from the Securities and Exchange Commission.
2. Divided his total income by the number of seconds in a year to get his earnings per second:
Earnings per Second=Total IncomeSeconds in a YearEarnings per Second=Seconds in a YearTotal Income
Where:
- Total Income = $192.2 billion
- Seconds in a Year = 31,536,000 (365 days × 24 hours × 60 minutes × 60 seconds)
- 192,200,000,000/31,536,000= $6,094.62
3. Calculated his earnings per minute, hour, day, and week using the following formulas:
1. Earnings per Minute = Earnings per Second × 60 seconds
6094.62× 60 = $365,677.32
2. Earnings per Hour = Earnings per Minute × 60 minutes
365,677.32 × 60 = $21,940,639.27
3. Earnings per Day = Earnings per Hour × 24 hours
21,940,639.27 × 24 = $526,575342.47
4. Earnings per Week = Earnings per Day × 7 days
526,575342.47 × 7 = 3,686, 027,397.26
Jeff Bezos’ Net Worth
According to the Forbes’ Real-Time Billionaires Index, his estimated net worth is $192.2 billion.
His primary source of income is Amazon, which he founded on July 5, 1994. Over the years, Amazon has grown into a global e-commerce and technology giant.
In addition, he invested in other ventures, such as Blue Origin, his space exploration company, and The Washington Post.
It is important to note that his net worth is primarily tied to his Amazon stock holdings, which fluctuate based on the company’s performance and overall market conditions.
Source Of Income Of Jeff Bezos
Bezos’ wealth comes from various sources; Amazon is the primary contributor to his wealth. Let’s explore each income source in detail:
1. Amazon
Amazon remains Bezos’ most significant source of wealth. He owns 11.5% of the e-commerce giant he founded in 1994. The company’s success has been phenomenal. According to Amazon’s fourth-quarter results, its full-year sales in 2023 were $574.8 billion.
2. Blue Origin
Bezos is the sole owner of Blue Origin, a private aerospace manufacturer and spaceflight services company. While exact profit figures are not publicly available, Blue Origin’s ambitious space exploration projects contribute significantly to Bezos’ wealth and future prospects.
3. The Washington Post
Bezos acquired The Washington Post in 2013 through Nash Holdings, his private investment company. While the newspaper’s exact financial contribution to Bezos’ wealth is not disclosed, it remains a significant asset in his portfolio.
Philanthropic Works
Jeff Bezos also raises funds and does charity besides his business. He has increased his philanthropic efforts in recent years. Here are some of his notable initiatives:
1. Bezos Day One Fund
Bezos tweeted on September 18, 2018, with a $2 billion commitment to funding existing non-profits that help homeless families and creating a network of new, non-profit tier-one preschools in low-income communities.
2. Earth Fund
In 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. This initiative supports activists, scientists, and non-governmental organizations working to protect the environment.
3. Covid-19 Relief
During the COVID-19 pandemic, Bezos donated $100 million to Feeding America. This non-profit organization operates food banks and pantries across the United States, helping to support those in need during the crisis.
Investments Of Jeff Bezos
Jeff Bezos has invested in various companies across different industries. These investments show his interest in technology, healthcare, and innovative solutions. Here, we will explore some of the top companies he invested in:
| Company | Industry | Investment Amount |
|---|---|---|
| Airbnb | Online Marketplace | $112 million |
| Grail | Healthcare | $100 million |
| Juno Therapeutics | Biotechnology | $134 million |
| Mark43 | Public Safety Software | Not specified |
| Fundbox | Financial Technology | Not specified |
| Uber | Transportation | Not specified |
| Domo | Business Intelligence | Not specified |
1. Airbnb
You’ve probably used Airbnb for your travels, right? Well, Bezos saw its potential way before most of us did. He invested $112 million into this home-sharing platform during its early days. Talk about a visionary move!
Airbnb has since revolutionized how we think about travel accommodations, offering unique stays in over 100,000 cities worldwide.
2. Grail
Now, this one’s a bit more serious. Grail is tackling one of humanity’s biggest challenges: cancer. They’re developing tests to catch cancer early when it’s most treatable.
Bezos believes in this mission so much that he invested $100 million in 2016. It’s not just about making money; it’s about potentially saving lives.
3. Juno Therapeutics
Sticking with the health theme, Bezos also backed Juno Therapeutics. These folks are working on cancer treatments using the body’s own immune system—pretty cutting-edge stuff.
Bezos invested $134 million in 2014, and it paid off big time. Celgene bought Juno for a whopping $9 billion in 2018.
4. Mark43
Here’s an interesting one – Mark43 is about bringing law enforcement into the 21st century. They’re creating cloud-based software to help police departments work more efficiently.
Bezos saw the potential to make a real difference in public safety and decided to invest. It’s not just about profits; it’s about creating safer communities.
5. Fundbox
Small businesses often struggle with cash flow, and that’s where Fundbox comes in. They offer credit and payment solutions to help small businesses keep their doors open and grow.
Bezos recognized how vital this is for the economy and put his money behind Fundbox’s innovative approach.
6. Uber
Uber seemed like a wild idea, right? Well, Bezos didn’t think so. He invested in Uber early on, seeing its potential to shake up the transportation industry. Uber has changed the way we move around cities all over the world.
7. Domo
Domo creates tools to help businesses visualize and understand their data better. Bezos saw the value in democratizing data access and backed Domo’s mission. After all, in business, knowledge truly is power.
Comparison With Top 5 Billionaires
Let’s compare Jeff Bezos per second income with other top billionaires:
| Billionaire | Net Worth (2024) | Income Sources | Per Second Income |
|---|---|---|---|
| Elon Musk | $246.7 billion | Tesla, SpaceX | $7822.80 |
| Jeff Bezos | $192.2 billion | Amazon, Blue Origin, The Washington Post | $6094.62 |
| Bernard Arnault | $180.7 billion | LVMH | $5729.96 |
| Mark Zuckerberg | $177.6 billion | $5631.66 | |
| Larry Ellison | $174.4 billion | Oracle | $5530.19 |
These billionaires have built their passive income through innovative companies and strategic investments. Elon Musk earns from Tesla, his electric vehicle company, and SpaceX, his space exploration company.
Bernard Arnault’s wealth source is LVMH company. Mark Zuckerberg’s income is tied to his creation of Facebook, and Larry Ellison co-founded the software giant Oracle.
Conclusion: Jeff Bezoz Earn $6094.62 Per Second!
Jeff Bezos’s earnings of $6094.62 per second from Amazon alone showcase the scale of his success. His diverse investments and ownership of companies like Blue Origin and The Washington Post rank him second among the richest individuals in the world.
He earns money through his businesses and raises funds for causes such as the Earth Fund, Day One Fund, and COVID-19 relief.
What are your thoughts on the impressive wealth of Jeff Bezos?
