Ahead of Prime Day, Here’s Founder Jeff Bezos’ Net Worth
Prime Day—Amazon’s exclusive annual sale for Prime members—is coming up on July 11 and 12, 2023. With more than 200 million subscribers globally, Prime Day usually clocks some impressive sales numbers. In 2022, Prime Day sales brought in $12 billion for Amazon (AMZN). The world’s largest online retailer, Amazon’s success is one of the main factors behind founder Jeff Bezos’ billions. In fact, Prime Day sales were a driving force behind him being named the richest person on earth in 2018.
Amazon’s former CEO and current executive chair has a net worth of $153 billion as of July 2023, according to the Bloomberg Billionaires Index.The third richest person in the world in 2023, Bezos’ has over 10% of stake in Amazon, and owns The Washington Post, space exploration company Blue Origin, and has investments in real estate and other companies. The Amazon founder was the richest person on Earth from 2018 to 2021—in July 2021, Bezos's net worth was a record $210 billion.
As Amazon's founder and former CEO, Bezos helped build the world’s largest online retailer. In FY 2022, Amazon made $514 billion in net sales.The company accounted for 6.5% of all U.S. retail sales and 44.9% of digital retail spending in 2022.According to Amazon’s 2022 annual meeting announcement, Bezos owns more than 64.5 million shares in the company, a 12.7% stake.
He founded Amazon in 1994 out of his garage with a $10,000 investment and help from his now ex-wife Mackenzie Scott.Scott received a 4% stake in Amazon, worth $36 billion, at the time of their divorce in 2019.Bezos stepped down as the CEO of Amazon in 2021 but has stayed on as the executive chair.
Bezos bought The Washington Post for $250 million in 2013, after which the site’s traffic and audience
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