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worldnewsforus11 · 4 months

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Jeff Bezos plans to divest 50 million Amazon shares by January 31st Next Year.

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sodrippy · 2 years

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"but like, an actor is paid for their job. theyre a worker just like the rest of us" whyyyyy are you idiots insisting on defending fucking multimillionare celebrities how dense do you have to be to think that just bc acting is technically a Job that hugely successful actors are "just like us" they arent theyre not they havent been for years you are so stupid

#i will never not be driven mad w rage whenever i see that stupid fucking post #oh really are people w a net worth of over 5 million dollars not rich? are they not wealthy? are they working class heroes?#not all actors are the same level of insane vile evil as bezos but they still shouldnt have that much money #nobody should have THAT much money literally nobody should have it

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phoenshire · 5 months

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boss makes $40,000, i make a dime

#i fucking hate amazon #unfortunately i'm stuck here #and yes bezos makes 400000x as much as i do #not his net worth. his income.

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reviewsduniya · 5 months

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Jeff Bezos's Net Worth in 2024

Explore Jeff Bezos’s Net Worth in 2024, featuring an in-depth breakdown of his salary—revealing the precise figure that shapes his wealth and also career highlights, income sources, investments, personal life, and prospects. It effectively delves into Jeff Bezos’s background, achievements, and challenges and provides valuable insights into his financial journey. Gain unparalleled insights into…

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youtubemarketing1234 · 7 months

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Jeff Bezos, the founder of Amazon, has indeed been involved in an extraordinary journey from building Amazon to venturing into space travel with his company Blue Origin. In this video, we'll discuss the story of Jeff Bezos and his extraordinary story of how he founded Amazon and helped to launch the space race.

👉 Subscribe to our channel to stay tuned: https://www.youtube.com/@LimitLessTec...

Jeff Bezos, born Jeffrey Preston Jorgensen on January 12, 1964, in Albuquerque, New Mexico, is a well-known entrepreneur and the founder of Amazon.com one of the world's largest and most successful online retail and technology companies. His life story is one of remarkable innovation and business success.

Jeff Bezos founded Amazon in 1994, initially as an online bookstore. His vision was to create an "everything store" where customers could find and purchase any item online. Over the years, Amazon expanded its offerings to include a wide range of products, services, and technologies, becoming one of the world's largest and most influential e-commerce companies.

In 2000, Jeff Bezos founded Blue Origin, a privately-funded aerospace manufacturer and spaceflight services company. Blue Origin's mission is to make space travel more accessible and affordable. The company focuses on developing technologies to enable commercial space travel and exploration.

Under Bezos' leadership, Amazon pioneered many innovations in the e-commerce industry, such as one-click purchasing, customer reviews, and personalized recommendations. The company's success led it to diversify into various sectors, including Amazon Web Services, Amazon Prime Video, Amazon Echo, and Alexa.

#jeff bezos #from earth to the stars #jeff bezos net worth #jeff bezos amazon #Youtube

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reallytoosublime · 7 months

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Jeff Bezos, the founder of Amazon, has indeed been involved in an extraordinary journey from building Amazon to venturing into space travel with his company Blue Origin. In this video, we'll discuss the story of Jeff Bezos and his extraordinary story of how he founded Amazon and helped to launch the space race. 👉 Subscribe to our channel to stay tuned: https://www.youtube.com/@LimitLessTec...

Jeff Bezos, born Jeffrey Preston Jorgensen on January 12, 1964, in Albuquerque, New Mexico, is a well-known entrepreneur and the founder of Amazon.com one of the world's largest and most successful online retail and technology companies. His life story is one of remarkable innovation and business success. Jeff Bezos founded Amazon in 1994, initially as an online bookstore. His vision was to create an "everything store" where customers could find and purchase any item online. Over the years, Amazon expanded its offerings to include a wide range of products, services, and technologies, becoming one of the world's largest and most influential e-commerce companies. In 2000, Jeff Bezos founded Blue Origin, a privately-funded aerospace manufacturer and spaceflight services company. Blue Origin's mission is to make space travel more accessible and affordable. The company focuses on developing technologies to enable commercial space travel and exploration.

#jeff bezos #jeff bezos extraordinary amazon to space travel story #from earth to the stars #jeff bezos net worth #jeff bezos amazon #jeff bezos interview #jeff bezos life story #jeff bezos success story #jeff bezos biography #the story of jeff bezos #best motivational video #jeff bezos motivation #jeff bezos documentary #limitless tech 888 #Youtube

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iwan1979 · 1 year

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Amazon's stock took a big hit in the past year, sending Jeff Bezos' net worth down $57 billion, but he's still the third-richest person in the world.

#Jeff Bezos was the biggest net-worth loser in the last year #with his fortune dropping $57 billion #according to Forbes

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reportwire · 2 years

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An Indian is leading the world’s billionaire list in terms of wealth creation in 2022

Gujarat’s very own Gautam Adani, the chairman and founder of the Indian multinational conglomerate Adani Group, outdid all the world’s top billionaires in terms of wealth creation in 2022 far. All thanks to the ongoing rally in the group’s stocks. With a rise of $59.1 billion year-to-date (YTD) in total net worth, the entrepreneur is the third richest individual in the world. His total net worth…

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#Adani Group #Bernard Arnault #Bill Gates #bloomberg billionaires index #elon musk #forbes 2022 billionaires ranking #gautam adani #Gautam Adani 3rd richest in the world #Gautam Adani 3rd richest man #Gautam Adani business moves #Gautam Adani net worth #Gautam Adani vs mukesh ambani #Jeff Bezos #mukesh ambani #Mukesh Ambani net worth

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careerunlimited · 2 years

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#crypto #cryptocurrency #jeff bezos #jeff bezos net worth #jeff bezos cryptocurrency

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roohu123 · 2 years

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digitalbhumi · 2 years

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Top rich including Musk-Bezos lost 23 lakh crores this year, increased wealth of only one Indian

The first half of 2022 was not good for the world’s top rich and the nine in the top-10 have lost around Rs 23.39 lakh crore so far this year. The first half of 2022 was not good for the world’s top rich and the nine in the top-10 have lost $ 29.6 thousand crore (about Rs 23.39 lakh crore) so far this year. Elon Musk, the owner of the electric vehicle giant Tesla, lost $ 6 thousand million and…

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friedkingtale · 2 years

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#jeff bezos #jeff bezos biography #jeff bezos net worth #jeff bezos family #jeff bezos quotes #jeff bezos amazon #amazon #biography #us news #the biography pen

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valtharr · 1 year

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Trump got arrested.

Musk is being sued for more than his entire net worth.

Let's brainstorm some things that should happen to Bezos (not death, that's too boring)

#trump #donald trump #musk #elon musk #elongated muskrat #bezos #jeff bezos

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lizardsfromspace · 25 days

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We think the richest people on Earth are tech people (true) and celebrities but in reality the ranks of billionaires are made up mainly of people who own random ass companies you've never heard of, or rarely think of. Whenever I tell someone that there are tech-CEO-level billionaires who own regional chain stores I get disbelief but like

The seventy-ninth richest man in the world is John Menard Jr. His net worth is slightly higher than the head of Alibaba. John Menard is a major player in conservative politics. And he owns a chain of 300 some regional home improvement stores that have yet to expand out of the Midwest. When you picture A Billionaire, a lot more of them look like John Menard than look like Jeff Bezos

#politics #uspol #capitalism #and he bought his son's way into NASCAR but that's besides the point

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yippeecahier · 1 year

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NGL, I come from a place of privilege, given that I am under 25 and have no debt.

I have about $30,000 in assets - just my savings, car, tech, jewelry, and all my worldly goods that could be resold put together, at their current value. If I lost that 30k, which is really just (one) medical emergency away from bankruptcy, I would have to strip everything for the cash. In just cash alone, I'm not even close enough for a downpayment on a starter home, a multi year endeavor.

By comparison, millionaires such as Lady Gaga (130 million) and Keanu Reeves (380 million) are far above me. To be on the same level, I would have to earn and retain in financial or asset form, $129,970,000 or $379,970,000 respectively. Anything I spent on rent, insurance, gas, food, medicine, and other consumables that can't be resold doesn't count towards that net worth total.

That's a lot. But this pales in comparison to billionaires such as Jeff Bezos (117 billion) and Elon Musk (191 billion). I would have to retain $116,999,970,000 and $190,999,970,000 respectively. At my current income of $50k, which is above the median income for people with my level of education, assuming I magically don't need to spend any money on consumables and can just bank it all:

It would take me 2,599 years and 146 days to obtain Lady Gaga's wealth, or almost 26 CENTURIES.

It would take me 7,599 years and 146 days to obtain Keanu Reeve's wealth, or almost 76 CENTURIES.

It would take me 2,339,999 years and 146 days to obtain Jeff Bezo's wealth, or almost 2,340 MILLENIA.

It would take me 3,899,999 years to obtain Elon Musk's wealth. It would take me nearly 3,900 MILLENIA.

Oh, this is after having paid off all my debt and with my existing assets, by the way. For even Lady Gaga, the least wealthy of this list, I would have to work tirelessly from before the Roman Empire was even founded.

But that's just me, a college-educated middle-class American citizen who is both debt and child-free.

It's much more fascinating to compare these to each other.

Lady Gaga makes $25 million a year.

Keanu Reeves makes $40 million a year.

So, if I deduct what these millionaires already have in assets and divide the total of the billionaire's assets by their income to find how many years of just banking money (no consumables):

Lady Gaga would have to bank another $116,870,000,000 to have Jeff Bezo's wealth. Assuming she stops spending on consumables like food or whatever and every penny of her $25 million income goes into future asset wealth, it would still take Lady Gaga 4,674 years and 293 days for her to obtain Bezo's wealth.

Keanu Reeves would have to bank another $190,620,000,000 to achieve Elon Musk's wealth. Again, in a fantasy world where Keanu doesn't have to feed and clothe himself, it would take him 4,765 years and 6 months to obtain Elon Musk's wealth.

The gap between the assets of famous multimillionaires like Lady Gaga and Keanu Reeves (who make MILLIONS every year) and that of famous multi-billionaires is a little less than HALF what it would take me to become as wealthy as Lady Gaga at my income level, which is, again, above the median. I could never achieve that wealth in my entire fucking lifetime, because, even if I assumed my income would go up and actually outpace inflation, I still need to eat and I can only use my body for labor until I'm 80, tops, which is only 56 years of work and nowhere near the thousands.

This sounds very conspiracy-brain, but sometimes I think the United States deliberately undermines math education and the corresponding understanding of how to problem-solve and comprehend magnitude of these kinds of numbers. Because if kids sat down and did the math, they just might realize that there is no way to become this rich on your own hard work.

Sure, you can invest in the stock market - but that's gambling. Most people might be able to hamper the effects of inflation on their asset values with stock investment.

The American dream is a lie.

The middle class is closer to becoming homeless than they are to becoming multimillionaires.

Even multimillionaires are closer to becoming middle class or even homeless than they are to becoming multi-billionaires.

Don't fucking tell me to budget and I'll become a millionaire. It's more likely I'll get hit by lightning or lose it all to medical bills.

If this doesn't radicalize you, I don't know what will.

#anti capitalism #late stage capitalism #billionaires should not exist #elongated muskrat #fuck jeff bezos #us politics #economics #math #budget #yip speaks

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robertreich · 2 years

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The Truth Behind “Self-Made” Billionaires

Why do we glorify “self-made” billionaires?

Well, being “self-made” is a seductive idea —it suggests that anybody can get to the top if they're willing to work hard enough. It’s what the American Dream is all about.

If Kylie Jenner can become a “self-made” billionaire at age 21, so can you and I!

Even as wages stay stagnant and wealth inequality grows, it’s a comfort to think that we’re all simply one cosmetics company and some elbow grease away from fortune.

Unfortunately, a nice idea is all it is. Self-made billionaires are a myth. Just like unicorns.

The origins of self-made billionaires are often depicted as a “rags-to-riches” rise to the top fueled by nothing but personal grit and the courage to take risks — like dropping out of college, or starting a business in a garage.

But in reality, the origins of many billionaires aren’t so humble. They’re more “riches-to-even-more-riches” stories, rooted in upper-middle class upbringings.

How much risk did Bill Gates take on when his mother used her business connections to help Microsoft land a deal-making software for IBM?

Elon Musk came from a family that owned an emerald mine during the time of Apartheid South Africa.

Jeff Bezos’ garage-based start was funded by a quarter-million dollar investment from his parents.

If your safety net to joining the billionaire class is remaining upper class – that’s not pulling yourself up by your bootstraps.

Nor is failing to pay your fair share of taxes along the way.

Along with Musk and Bezos, Michael Bloomberg, George Soros, and Carl Icahn have all gotten away with paying ZERO federal income taxes some years. That’s a big helping hand, courtesy of legal loopholes and American taxpayers who pick up the tab, all while our tax dollars subsidize the corporations owned by these so-called “self-reliant” entrepreneurs.

Did you get a thank you card from any of them? I sure as hell didn’t.

Other common ways that billionaires build their coffers off the backs of others include paying garbage wages and subjecting workers to abusive labor conditions.

But portraying themselves as rugged individuals who overcame poverty or “did it on their own” remains an effective propaganda tool for the ultrawealthy. One that keeps workers from rising up collectively to demand fairer wages – and one that ultimately distracts from the role that billionaires play in fostering poverty in the first place.

Billionaires say their success proves they can spend money more wisely and efficiently than the government. Well they have no problem with government spending when it comes to corporate subsidies.

When arguing for even more tax breaks, they claim each “dollar the government takes from [them] is a dollar less” for their “critical” role in expanding prosperity for all Americans, through job creation and philanthropy. Well that’s rubbish.

50 years of tax cuts for the wealthy have failed to trickle down. As a result of Trump’s tax cuts, 2018 saw the 400 richest American families pay a lower tax rate than the middle class. And U.S. billionaire wealth grew by $2 trillion during the first two years of a pandemic that was economically catastrophic for just about everyone else. They want to have their cake, everyone else’s cake, and eat it, too.

Behind every ten-figure net worth is systemic inequality. Inherited wealth. Labor exploitation. Tax loopholes. And government subsidies.

To claim these fortunes are “self-made” is to perpetuate a myth that blames the wealth gap on the choices of everyday Americans.

Billionaires are not made by rugged individuals. They’re made by policy failures. And a system that rewards wealth over work.

Know the truth.

#youtube #video #videos #billionaires #money #wealth #inequality #economics #elon musk #jeff bezos #tesla #amazon

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