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Summary

This Is How Much Jeff Bezos Could Give Every Amazon Employee & Still Be Mega-Rich

He'd still be as rich as he was at the start of the pandemic.💰
Managing Editor, Canada

If you’ve ever wondered how rich Amazon CEO Jeff Bezos actually is — this might give you some idea!

A new report from charitable organization Oxfam has revealed how much money Bezos could give each of Amazon’s 876,000 employees and still be as rich as he was pre-pandemic.

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$105,000 The amount he could pay every employee

According to Oxfam’s research, he could give each employee a bonus of $105,000.

"Invested over 25 years at 6% interest rate this bonus would increase to $450,000 in retirement savings for each employee," explains the organization.

Bezos, who is the founder and owner of Amazon, is believed to be the richest person on Earth with a net worth of around $200 billion.

Between March and August 2020, he increased his wealth by a whopping $92 billion.

Tesla CEO Elon Musk added $100.3 billion to his net worth in 2020 alone, overtaking Bill Gates as the world’s second-richest person.

While the world’s billionaires have got richer during the global COVID-19 pandemic, Oxfam says it could take over a decade for those living in poverty to return to their pre-pandemic financial position.

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    • Managing Editor

      Helena Hanson (she/her) is the Managing Editor of Canada for Narcity and MTL Blog, where she brings her expertise in dreamy, aspirational travel journalism to life. A first-class graduate of Cardiff University's School of Journalism, Helena has a passion for inspiring readers to discover the magic in their own backyards. Originally from the U.K., Helena has spent years uncovering hidden gems and must-see destinations across countries like Sri Lanka, Vietnam, Indonesia, Japan, and more. Having lived in both Canada and Australia, she's become a seasoned expert in off-the-beaten-path adventures and bucket-list experiences that don't break the bank. Whether she's writing about things to do in Ottawa, Montreal, or her favourite spot—Disney World—Helena hopes to leave readers dreaming of their next adventure.

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