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Jeff Bezos' net worth: How does the Amazon founder make his mill...sorry, billions?

Stellar Snippets

Jeff Bezos started Amazon as an online bookstore at a time when online shopping was unheard of. It is now one of the most popular online shopping stores.

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Amazon's shares and stock prices have grown exponentially since it began, especially in the last ten years, making Bezos the third richest man in the world.

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Jeff Bezos is currently worth $155 billion, according to the Bloomberg Billionaires Index. His Amazon equity makes up the largest share of this.

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Bloomberg reports suggest Bezos' net worth increased by $125.6 billion from $29.4 billion in ten years. This brings his hourly earnings to a staggering $1.43 million!

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His venture capitalist firm, Bezos Expeditions, has also invested in many startups, and Bezos also personally invested $1 million in Google back in 1998.

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In 2013, he purchased the legacy newspaper The Washington Post for $250 million, expanding its digital presence and greatly increasing readership.

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Bezos is currently facing an antitrust trial after the Federal Trade Commission and 17 states sued Amazon on Sept. 26th for monopolizing the market.

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One of the lawsuit's claims is that Amazon's fair pricing policies don't allow its sellers to sell their products for lower rates anywhere else.

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