Bezos was born on January 12, 1964, in Albuquerque, New Mexico, but raised in Houston, Texas, and Miami, Florida. Jeff Bezos, born Jeffrey Preston Jorgensen, is an American industrialist, investor, and media proprietor. In November, Bezos announced plans to donate the majority of his fortune to charity, a commitment he had until recently shied away from. Now, the mind behind this brilliant idea is one Jeff Bezos. He's also been busy trying to get his $500 million under-construction megayacht past a historic Dutch bridge and enjoys traveling the globe with girlfriend Lauren Sanchez. Nowadays, the 58-year-old is focused on his other endeavors, including his space exploration company Blue Origin that recently flew actor William Shatner to the edge of space as well as The Washington Post, which he bought in 2013. Recent years have brought him a high-profile divorce, a trip via spaceship to the edge of space, his firm's skyrocketed share price during the pandemic, and his departure from the role as CEO of the company he founded 28 years ago. It often indicates a user profile.īillionaire Amazon founder Jeff Bezos has become one of the wealthiest and most recognizable figures in the tech world. Interestingly, there was a narrower margin in choosing between the importance of time (61%) over money (39%).īeyond monetary figures, these findings illustrate the layers that influence what it means to feel financially healthy today, and how this affects an individual’s overall quality of life.Account icon An icon in the shape of a person's head and shoulders. Meanwhile, enjoying experiences (70%) was a better reflection of wealth compared to owning many nice things (30%). In fact, the survey indicates that many Americans place greater importance on non-monetary assets over monetary assets when they think of wealth.įor instance, 72% said having a fulfilling personal life was a better descriptor of wealth than working on a career, which was only chosen by 28% of respondents. When digging deeper, it becomes clear that wealth is not simply a number. Millennials were most likely to feel wealthy, at 57% of respondents, while 40% of boomers felt wealthy, the lowest across generations surveyed. Today, his net worth stands at around 118. Here’s the breakdown for major cities, illustrating the paradox: Despite only having 90 billion as a liquid net worth, Bezos still sits in the top five of the world’s richest people (he’s currently number three). This is a considerable divergence from the $2.2 million benchmark they said was needed to be wealthy. The calculation for liquid net worth is simply your total liquid assets minus your current liabilities. Overall, 48% of all respondents said they feel wealthy, and those people had an average net worth of $560,000. Separately, the survey asked whether respondents “feel wealthy” themselves.
The average salary is $67,000 in Houston, while in San Francisco it falls at $81,000. Billionaires can have a variety of assets, including cash and cash. Houston, where the cost of living is less than half of San Francisco, respondents said a net worth of $2.1 million is needed to be wealthy. A billionaire has a net worth of at least one billion units in their native currency. It is home to over 345,000 millionaires, the highest worldwide. In New York, it takes $3.3 million in net worth to reach this target. In Los Angeles and San Diego, it takes $3.5 million to be wealthy, the second-highest across cities surveyed. Updated Getty Images Jenny Chang-Rodriguez/Insider Jeff Bezos has amassed a 122 billion fortune since founding Amazon in 1994, per Bloomberg. The vast majority of people in San Francisco say that inflation has had an impact on their finances, and over half say that living in the city impedes their ability to reach their financial goals, citing steep costs of living. This figure dropped from last year, when it stood at $5.4 million. In San Francisco, respondents said they needed $4.7 million in net worth to be wealthy, the highest across all cities surveyed, and more than double the national average. Bezos stepped down as Amazon CEO in mid-2021 after seeing a pandemic-era surge in wealth. Net Worth to Be "Financially Comfortable" Jeff Bezos has amassed a 122 billion fortune since founding Amazon in 1994, per Bloomberg.
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