How much is Jeff Bezos’ net worth?
The current Jeff Bezos current net worth in 2022 is $192.6 billion making him the 3rd richest person in the world. He was bumped from the richest spot last year by Elon Musk as Tesla outperformed Amazon stock price. His net worth is up over $7 billion in the past 12 months as it is tied closely to Amazon stock price.
Jeff Bezos’ wealth was built from the value of his personal Amazon stock holdings. The Amazon stock price has been completely correlated with the growth of his personal fortune. Bezos still owns more than 10.3% of Amazon, as he still holds 53 million shares even after selling millions of shares in 2021.
As Amazon stock reached all time highs of $3552.25 at the time in August 2020 he was the first person to ever be worth over $200 billion.
In July 2019, Jeff Bezos’ net worth fell approximately $36 billion after his divorce was finalized. His ex-wife MacKenzie Bezos received 4% of Amazon (19.7 million shares) in their divorce settlement.
Jeff Bezos followed the path to becoming a billionaire that the richest people in the world take. He built an innovative business and took it IPO then held a large initial equity stake and grew the business into one of the biggest corporations in the world. This is also an example of the power of owning equity in a publicly traded company because the leverage it gives an investor to build wealth is staggering. Every investor that bought and held 286 shares became a millionaire as the stock went over $3,500 a share.