Today Jeff Bezos, former CEO of Amazon, is retiring, and is one of the richest people in the world. Bezos retired from the stage at the age of 57 with a fortune of approx 199 billion dollars, according to a report by Bloomberg. Most of his fortune is made up of Amazon stock, and he got $ 1,6 million in compensation last year.
Jeff Bezos retires: he is one of the richest men on the planet
Jeff Bezos is without margin for error one of the richest and consequently powerful men on planet Earth. His fortune, according to an estimate by the US Census Bureau, is about 739.000 times greater than the fortune of an average 65-year-old American., the age by which you retire in the US.
Bezos' wealth has increased further over the past year as the Covid-19 pandemic has pushed online sales like never before and Amazon, of course, has been at the forefront. The company's shares have therefore skyrocketed and Bezos' net worth increased by $ 75 billion in 2020 alone. Just to give a few units, the former CEO is currently twice as rich as the entire British monarchy.
Bezos was not without criticism, given that he has seen the value of his bank account rise more and more as Amazon employees live on food stamps and in precarious working conditions, an evergreen controversy when it comes to managing the eCommerce platform.
Bezos will pass the baton to Andy Jessy, former executive of Amazon's web services department. Right now Bezos is formalizing his retirement, a symbolic date, given that the company was founded precisely on 5 July of 1994.
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