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- Jeff Bezos Bill Gates Net Worth | Amazon Founder CEO Jeff Bezos Net Worth Salary And His Amazon Company Market Cap
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- Jeff Bezos' salary has not increased by one rupee since 22 years, yet the richest person in the world gets 12.34 crore rupees every year
- In 1999, Bill Gates had a net worth of $ 85 billion and Bezos had a net worth of $ 10.1 billion, now Bezos has a net worth of $ 89 billion more than Gates.
'I had decided to do something in one stroke. I didn't think I would regret trying and failing. If I don't do this, I will definitely be troubled by the thoughts of not trying even once. ' The person who said these things is the richest man in the world today. The name is Jeff Bezos. Owner of amazon. Bezos said these things in a 2010 speech. He gave this speech at Princeton University. This is the same university from where Bezos took Electrical Engineering and Computer Science degrees in 1986.
In this speech, he told about life before starting Amazon. He had said that he had the idea of opening an online book store as soon as the internet penetration increased. Bezos also worked in several companies before starting Amazon. He worked at Bankers Trust Company of America from April 1988 to December 1990, where he later became Vice President. He then worked from December 1990 to June 1994 at Dee Shaw & Company, an investment firm.
In June 1994, Bezos resigned from the DE Shaw Company and launched Amazon on 5 July 1994. Now let's go back to 2010. While speaking at Princeton University, Bezos said, 'I wanted to quit my job and do something different. My wife wanted me to fulfill my dream.
Bezos shared his idea with his boss. His boss said, “The idea is good, but it is for those who have no work.” Referring to this incident, Bezos said, 'I thought about it a lot and after thinking a lot, I decided that I want to fulfill my dream. I did not want to regret that I did not try, but if I did not try, I would have regretted it. I am proud of my decision. '
In 1994, Bezos started Amazon with a garage. Initially old books were sold here. Its website also came out in July 1995. According to an Amazon report, by the end of 1997, the company had more than 1.5 million customers in more than 150 countries. However, in the very first year of starting the company, the company had a loss of over 16 lakh rupees.
The company remained in deficit for the next few years after its launch. But later, the company continued to make tremendous profits every year. In 2019 itself, the company had a revenue of Rs 19.63 lakh crore and had a profit of more than 81 thousand crore rupees.
Amazon's market cap reached $ 1 trillion in less than 25 years
When Jeff Bezos started the Amazon company from his father's garage on July 5, 1994, he might not have even thought that one day his company count would be included in the list of the world's highest-rated companies.
Three years after the company was launched, the company's market cap reached $ 1 billion (Rs. 3600 crores at that time). It then took the company 14 years to reach a market cap of $ 100 billion (Rs 4.70 lakh crore). However, the company's market cap rose sharply thereafter.
In September 2018, Amazon's market cap reached $ 1 trillion (Rs 68 lakh crore at the time). The company currently has a market cap of $ 1.7 trillion (Rs 125.80 lakh crore). In terms of market cap, Amazon is the second company in the world after Apple.
Bezos' net worth was never around Bill Gates, now 77% more than him
Microsoft's cofounder Bill Gates has been the world's richest man for the longest time. From 1999 to 2007, Bill Gates ranked first on Forbes' list. Warren Buffett overtook him in 2008. Gates again became No. 1 in 2009. But, for four consecutive years from 2010 to 2013, Carlos Slim was at number one. From 2014 to 2017 Gates again came out on top. But, Jeff Bezos remains the number one position since 2018.
In 1999, Jeff Bezos first appeared on the Forbes list. At that time Bezos was the 19th richest man in the world and his net worth at that time was $ 10.1 billion (43 thousand crore rupees at that time). Whereas, Bill Gates was number one with a net worth of $ 85 billion (Rs 3.65 lakh crore at the time). That is, 21 years ago Bezos 'net worth was just over 10% of Bill Gates' net worth.
But today, Bezos 'net worth is more than 77% of Gates' net worth. According to Forbes real-time data, on August 27, Bill Gates has a net worth of $ 116 billion (Rs 8.58 lakh crore) and Jeff Bezos has a net worth of $ 205 billion (Rs 15.17 lakh crore).
After all, where does Jeff Bezos earn?
Jeff Bezos owns not only Amazon but also many big companies of the world. In 2004, he also founded an aerospace firm called Blue Origin. In 2013, he bought the Washington Post, one of America's largest newspapers.
Shares are the biggest source of Bezos' earnings. Bezos earns only from shares in Amazon. Bezos holds more than 7.50 crore shares in Amazon. That is, they have 15.1% shares in Amazon.
In addition to earning from shares, Bezos also receives salary from Amazon every year. According to an Amazon report, in 2019 Bezos received $ 81,840 (60 lakh rupees) in salary. Along with this, a compensation of 1.6 million dollars (about 11.50 crore rupees) was also received. Bezos has been taking $ 81,840 as salary since 1998.
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