⬅ # 2751 Louis Bacon|# 2 Elon Musk

# 1 Jeff Bezos 


Real Time Net Worth
as of 5/29/2024
$674.3M (0.32%)

# 1 Jeff Bezos 


Real Time Net Worth
as of 5/29/2024
$674.3M (0.32%)
OccupationFounder and Chair, Amazon
Source of WealthAmazon
ResidenceMedina, Washington
Marital StatusEngaged
EducationBS, Princeton University
Age-Adjusted Net Worth$212B
Jeff Bezos
Jeff Bezos
United States
Net worth: $212B

Self-Made Score 

Wealth History

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Jeffrey Preston Bezos was born on January 12, 1964, in Albuquerque, New Mexico.
In 1994, Bezos founded Amazon.com as an online bookstore, envisioning the company as an expansive e-commerce platform with a focus on customer satisfaction.
Under Bezos' leadership, Amazon evolved into a global giant, expanding its offerings to include a wide range of products, services, and technologies.
In 1997, Amazon went public, and Bezos became a billionaire as a result of the company's successful IPO.
Bezos played a crucial role in the development and launch of Amazon's Kindle e-reader in 2007, revolutionizing the publishing industry and popularizing e-books.
In 2013, Bezos purchased The Washington Post, bringing a digital-first approach to the traditional media outlet.
Amazon Web Services (AWS), the cloud computing arm of Amazon, was launched in 2006 and has since become a leading player in the global cloud services market.
Under Bezos' leadership, Amazon acquired Whole Foods Market in 2017, marking the company's entry into the grocery industry.
In 2018, Bezos founded Blue Origin, a private aerospace manufacturer and spaceflight services company, with the goal of making space travel accessible to all.
As of 2021, Jeff Bezos stepped down as Amazon's CEO, transitioning to the role of Executive Chairman, allowing him to focus on initiatives like Blue Origin and other ventures.

How long would it take you to become as rich as Jeff Bezos?

If you started with $10,000 and invested an additional $500 each month at a 44.02% CAGR, it would take you 5 years to reach Jeff Bezos's net worth of $212B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 42.57% compared to 11.75% for the S&P 500 benchmark.

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Jeff Bezos is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Jeff Bezos, Amazon is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey