29 Things to Know About the Crazy and Rich Amazon

“o.itemList.length” “this.config.text.ariaShown”

“This.config.text.ariaFermé”

It seems that even a global pandemic cannot affect Amazon’s dominance in the online retail area, or the astronomical wealth of its founder Jeff Bezos.The pandemic really seems to be helping the monetary effects of the e-commerce giant, with quarterly effects exceeding the expectations of investors and analysts, Forbes reported.While the inventory costs of some Amazon analysts are likely to fall after their continued increase, the company, and Bezos, will likely remain very wealthy.

Here’s a surprising look at Amazon, and the guy, in numbers.

Last updated: August 17, 2020

On July 8, Bezos valuated $182.6 billion, setting a new record for the world’s richest user, according to Forbes.Su net worth has been even higher since August 17, Bezos valued $190.8 billion.Bill Gates, is worth $113.9 billion.

On July 6, Seattle City Council passed a new tax for the city’s largest companies for their income, CNBC reported.The new “JumpStart Seattle” tax takes effect 2021.La portion of the new tax applies to companies, such as Amazon, whose annual payroll prices exceed $1 billion, will be taxed at 2.4% for workers earning more than $400,000.

Amazon’s inventory price crossed the $3,000 mark for the first time on July 6, CNN reported. Despite the panderated recession, Amazon’s percentage costs continued due to expectations of strong sales and profit growth.

Amazon became a publicly traded company in May 1997.The IPO was worth $18 at the time.

Make things work: 48 CEOs accept pay cuts to help their companies with coronavirus

As of August 2019, Bezos held more than 57 million Amazon shares, about 12 of the company reported.

Amazon is one of 3 corporations valued at more than $1.5 trillion, CNN reported in July.The others are Apple and Microsoft.

In February, Bezos lost $165 million to buy Warner Estate in Beverly Hills, a new record that promotes the value of genuine properties in California, the New York Times reported.The space was owned by DreamWorks co-founder David Geffen.

Even though Bezos broke records by paying $165 million for his new home in California, it’s literally a drop in the bucket for the richest man in the world.At the time of purchase, the nine-digit promotion value represented only 0.13% of its total value.net worth, the Los Angeles Times reported.

Related: Macy’s, Disney and 11 corporations pay millions of executives as they file for bankruptcy and cut jobs

In addition to the Beverly Hills property, Bezos owns 3 apartments adjacent to New York, which it earned for $80 million; a property of about 29,000 square feet in Medina, Washington; a Spanish-style mansion in Beverly Hills, which was earned in 2007 for $24.45 million; A 4-room space in Beverly Hills, he also got it in 2007, which he got for $12.9 million; a 30,000-acre Texas ranch; a mansion in Washington, D.C., earned in 2016 for $23 million; and 4 condos overlooking Central Park, adding 3 that it earned in 1999 for $7.65 million and a quarter for $5.3 million in 2012, Business Insider reported.

As of January 2019, Bezos was located in the country with the largest amount of land owned by 420,000 acres, according to the 100 Land Report of 2018.

Jeff Bezos and MacKenzie Scott announced their divorce in January 2019, had been married for 25 years and had four children together.

As a component of the divorce settlement, Scott won 25% of the couple’s Amazon shares, according to an inventory filing in April, CNN reported, giving him a 4% stake in the company, which at the time was worth about $38 billion.

Based on Bezos’ annual earnings, Business Insider estimates that he makes $ 2,489 consistent with the latter, more than double what he makes on average in a full week. The median US income earns $ 957 per week, according to the Bureau of Labor Statistics.

While millions of Americans have lost their jobs and many companies have permanently closed their doors amid the coronavirus pandemic, Bezos has been enriched, its net worth exceeding $25 billion between January 1 and April 15, according to the Institute for Policy Studies’ Billionaire Bonanza 2020 report.This jump is more than all of Honduras’ GDP.

Find out how others did it: how those 50 billionaires behaved in the face of the coronavirus crisis

Bezos earns an annual salary of $81,840, according to Amazon’s filing with the SEC for 2019, however, its overall revenue for the year was $1.68 million.

Amazon has more than 590,000 workers in the United States and in 2019, the company paid more than $30 billion in reimbursement to its U.S. workers, according to its filing with the SEC.

In March, Amazon increased hourly workers’ wages around the world, adding a $2 an hour increase in the US.But it’s not the first time And Canada.Amazon has also doubled the overall base hourly wage for overtime.These payout increases are expected to take over to workers and partners by the hour that the coronavirus pandemic will charge the company about $700 million.

In addition to the pay increases, Amazon paid a special thank-you bonus to all frontline workers and partners who were with June.The premium varied according to the position and ranged from $150 to $3,000.In total, Amazon paid más.de $500 million in thank-you bonuses.

In 2019, the average reimbursement for Amazon workers is $28,848.Bezos’ reimbursement of $1.68 million equals 58 times the average salary of an Amazon worker.

Read more: Here are the biggest employers in 50 major cities

Amazon posted sales of $280.5 billion in 2019, 22 percent more than last year.

In January, there were more than 150 million paid Amazon Prime members.The Prime subscription is priced at $12.99 consistent with the month or $119 consistent with the year.

According to Statista, the average Amazon Prime member spends $1400 on the site per year, while non-Prime Amazon buyers spend an average of $600 consistent with the year.

Amazon raised its salary to $15 an hour in 2018, more than double the federal salary of $7.25.

Big Mess: Enron and the 24 all-time epic corporate falls

Amazon acquired Whole Foods in 2017 for $13.7 billion in cash, through its largest acquisition to date.Its biggest acquisition at the time is Zappos, which Amazon bought for $1.2 billion in 2009, according to Visual Capitalist.

Bezos, one of the first investors at Google, according to Visual Capitalist, invested $1 million in the company in 1998.

Bezos presented the Day One Fund with a $2 billion commitment “to focus on creating meaningful and sustainable effects in two areas: investing in existing nonprofits that assist homeless families and creating a network of new world-class nonprofit kindergartens in income communities,” the organization says on its website.In 2019, $98.5 million was awarded to 32 beneficiaries in 23 states for these causes.

Bezos announced in February that he would launch the Bezos Earth Fund to combat climate change.

“Climate change is the biggest risk to our planet,” he shared on Instagram.”This global initiative will fund scientists, activists, NGOs, any effort that provides a genuine opportunity to help maintain and the world of herbs.[…] I’m committing $10 billion to start and I’ll receive grants to offer grants this summer.The Earth is the only thing we all have and it’s not unusual: let’s go together”.

Payout: Nike, Disney and 24 large corporations donate to combat inequality

In April, Bezos announced that he would donate to Feeding America to address food insecurity, which has been aggravated by the coronavirus pandemic.

“I need those who are at the forefront of our country’s food banks and those who depend on them to be fed a gift of $ 100 million to @FeedingAmerica,” he shared on Instagram. “Feeding America will temporarily distribute the budget to its national network of food banks and pantry, which brings food to countless families in need.”

According to Comparisun’s calculations, Bezos’ net worth has grown by an average of 34% over the past five years, CNBC reported.If its net worth continues to grow at this rate, it will be a billionaire until the end of 2026.

In addition to its retail sales of products for customers and subscription services, Amazon generates a wealth of profits from Amazon Web Services, now the world’s leading public cloud service, Forbes reported.about $400 billion.

Bezos owns a $65 million Gulfstream G650ER, Business Insider reported.

US-based small and medium-sized enterprises have been in the area to be in the past.But it’s not the first time They sell an average of more than 4,000 minute-consistent parts in Amazon stores, according to the Amazon 2019 Impact Report.Small and medium-sized businesses selling on Amazon account for 58% of total site sales..

More from GOBankingRates

25 tactics to save 20% more on your paycheck even trying

The retirement disadvantages that no one deals with

21 Tips to Reduce Your Health Costs This Year

40 monetary behaviors that can leave you broken

This article was originally published in GOBankingRates.com: 29 Things To Know About Crazy Rich Amazon

Leave a Comment

Your email address will not be published. Required fields are marked *