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HomeWorld NewsJeff Bezos retires at $197 billion at the age of 57

Jeff Bezos retires at $197 billion at the age of 57

Jeff Bezos.

  • Jeff Bezos (Jeff Bezos) will resign as Amazon CEO at the age of 57 for $197 billion.
  • The median net worth of Americans when they retire at the age of 65 is $266,400.
  • Bezos is currently the richest man in the world.
  • For more stories, please visit Business Insider.

Jeff Bezos (Jeff Bezos) as the CEO of Amazon will end on Monday, he will step down as the world’s richest man.

He will step down at the age of 57 Estimated wealth of 199 billion U.S. dollars, According to Bloomberg’s Billionaire Index. Wealth mainly includes his huge assets on Amazon and other assets.He received Salary of US$81,840 and other compensation of US$1.6 million From Amazon last year.

His wealth is 739,489 times the median net worth of Americans at the age of 65, which is the average age at which Americans retire. United States Census Bureau.

median Americans in this age group have a net worth of $266,400, According to data from the Federal Reserve.

Bezos’s wealth has expanded even more in the past year, as the pandemic has driven the company’s online market sales soaring, thereby pushing up the stock price.his Net assets soared by 75 billion U.S. dollars During 2020.

His wealth is more than twice that of the entire British monarchyAs of 2017, estimated to be worth 88 billion U.S. dollars, his wealth exceeds the GDP of some countries-although the comparison between output and value is not accurate. Bezos makes more money per second than the average American worker makes in a week.

He was criticized for watching his wallet thicken and thousands of Amazon warehouse workers living on food stamps. Work in harsh conditions.

Bezos will be replaced by Andy Jassy, The current CEO of the company’s cloud platform Amazon Web Services. Bezos will step down on July 5th, which is an important day because Amazon was founded on the same day in 1994. In a few days, he will enter space with his other company, Blue Origin.

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