Podchaser Logo
Home
Why Jeff Bezos is the Richest Man in the World While the Rest of the World Struggles

Why Jeff Bezos is the Richest Man in the World While the Rest of the World Struggles

Released Friday, 28th August 2020
Good episode? Give it some love!
Why Jeff Bezos is the Richest Man in the World While the Rest of the World Struggles

Why Jeff Bezos is the Richest Man in the World While the Rest of the World Struggles

Why Jeff Bezos is the Richest Man in the World While the Rest of the World Struggles

Why Jeff Bezos is the Richest Man in the World While the Rest of the World Struggles

Friday, 28th August 2020
Good episode? Give it some love!
Rate Episode

Bram stumbled across an infographic that listed all of Jeff Bezos' assets and investments. We posted this in our community and on social and got a lot mixed replies. Some were inspired, some were disgusted, some were upset that Bezos has acquired so much wealth. "Why does he need that? That's too much"

Over the last couple days Jeff Bezos’s networth has gone to over 200billion dollars. I have seen a lot of disgruntled people on the internet saying nobody deserves to be this rich and he should end world hunger. Now while I do agree Jeff bezos can do a lot more to help the world with important issues we need to step back and consider a few things.

1. It is highly unlikely that  bezos has 200 billion dollars in cash. At most I believe he may have 100million( will look into actual numbers). This means For bezos to put a substantial dent into world issues he would have to sell his assets.

2. For Bezos to be worth over 200 Billion dollars he must be creating value of over 200Billion dollars. Which means he has created millions and millions of Jobs that would otherwise not be there. This within itself is helping to feed a lot of families and grow a lot of economies state wide.

3. Bezos has his buckets set up right( just like we went over last weekend)

He is only becoming richer and richer because he has his cash in investments that work for him. Amazon make Billions of dollars in cash flow and bezos takes the cash flow from amazon and transfers it into the bucket on the right .... he then takes the dividends from those businesses and re-invests it into that bucket again. Bezos has way over 600 million dollars invested even if that money gets 5% return a year which is very very underestimated because his investments are getting more of a venture fund type return he would make 30million. This is all He has been doing for years , as compound interest takes effect he will become richer and richer even quicker.

For this week's shout out check out @1.11ven on instagram and 1-11ven.com!

Show More

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features