8 mind-blowing facts about Amazon CEO Jeff Bezos' $90 billion fortune
He's on his way to becoming 'the first 12-digit man.'
Bezos has almost four times as much money as his alma mater, Princeton University.
Bezos graduated from Princeton University in 1986 with a degrees in electrical engineering and computer science. As of March 2017, Princeton's endowment was $22.8 billion, nearly one-forth the amount of Bezos current net worth.
Although, he has returned some of his good fortune to the Ivy League. In 2011, Bezos and his wife, also a Princeton grad, donated $15 million to the university to establish a center in the Princeton Neuroscience Institute.
He's building the biggest home in Washington, DC (aside from The White House).
Back in January, Bezos reportedly dropped $23 million on a pair of mansions — formerly a textile museum — in DC's exclusive Kalorama neighborhood with plans to turn them into the largest single-family residence in DC with 27,000 square feet of living space.
The Obamas and Ivanka Trump and Jared Kushner are neighbors.
Bezos' Seattle-area mansion was worth less than 1% of his fortune when he bought it in 1998.
In 1998, Bezos purchased a 5.5-acre waterfront estate in Medina, Washington, a suburb of Seattle, for $10 million. His net worth at the time — one year after Amazon went public — was $1.6 billion, landing him on Forbes' annual list of the richest people in the world for the first time. The mansion was worth just 0.625% of his total fortune.
Since then, Bezos and his wife have acquired several properties surrounding their estate, creating a compound spanning more than 10 acres. Current estimates value the home at $70 million.
He's one of the top 25 largest landowners in America.
According to the Land Report, Bezos was 25th largest landowner in the US. His largest property by size is the 30,000-acre ranch in Van Horn, Texas, that serves as the base for Blue Origin, Bezos' private space company.
Warren Buffett was worth $30 billion when Bezos became a billionaire — now the Amazon founder is richer.
Bezos became a billionaire in 1998, when Amazon went public. At the time, Buffett was the second richest person in the US, with a net worth of nearly $30 billion.
Nearly 20 years later, Bezos is about $9 billion richer than Buffett.
Bezos makes more money in one minute than the average millennial makes in a year.
In the last year alone, Bezos made $19.3 billion.
That equals out to about $52 million per day, over $2 million per hour, and $36,000 a minute, or close to the average millennial salary.
Bezos' net worth jumped $6.44 billion in a matter of hours.
Amazon shares jumped more than 8% after the company reported third-quarter earnings on October 26, each share rising by about $79.64 from the previous day's close.
Bezos, as CEO of the company, owns about 81 million shares of Amazon stock according to a recent SEC filing. A little back-of-the-envelope map means he made $6.44 billion in a single day, putting his net worth just over $90 billion.
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