We did the math to calculate how much money Jeff Bezos makes in a year, month, week, day, hour, minute, and second – Finance

  • Amazon announced on Tuesday plans to raise the company's minimum wage in the United States to $ 15.
  • Despite the salary increase, Amazon workers don't get close to what Jeff Bezos does.
  • We calculated how much does bezos do for one year, month, week, day, hour, minute and second.

On Tuesday, Amazon announced plans to increase the company's minimum wage to $ 15 – more than double the federal minimum wage of $ 7.25.

Currently, the average annual wage in Amazon $ 28,466,

But neither Amazon's minimum wage, nor the average annual salary of an employee comes close to how much Amazon CEO Jeff Bezos is the richest person in the world, according to Forbes – does.

We calculated the annual income of the CEO, setting the difference between the net worth of Bezos 2017 and 2018. (Calculated in October of each year), as provided Forbes 400 list. But what does this mean per month or even per second? From his annual income, which we defined as $ 78.5 billion, we then calculated how much Bezos earns in a shorter time frame.

Business insider previously calculated Bezos’s annual and hourly earnings using the Forbes annual list of billionaires published every March, but we updated these calculations using the latest Forbes 400 list published on October 3.

This estimate of wages Bezos is used for comparison. Much of his wealth is tied to Amazon's reserves, which can increase or decrease in value at any given time.



(Shayanne Gal / Business Insider)

On an annual basis, Business Insider profits are calculated – again, an estimate based on the change in its Forbes net profit for the year – Bezos earned $ 6.54 billion per month, more than $ 1.5 billion per week and more than $ 215 million per day last 12 months.

In an hour, he earns a whopping $ 8,961.187 million — about Amazon’s average of $ 28,466 — about 315 times. annual worker to pay. An Amazon employee who earns a minimum wage of $ 15 will have to work about 597,412 hours or 24 hours a day for about 68 years, just to earn what Bezos does in an hour.

Bezos hourly rate is equivalent to $ 149,353 per minute. To present things in perspective, Bezos does more than three times as much as the median American worker does per year. US $ 45,552, according to Bureau of Labor Statistics – In a minute.

In one second, Bezos also does more than twice as much as the median American worker in one week — by $ 2,489, compared with $ 876, respectively.

For Bezos, time is money — a lot.

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