Jeff Bezos’ net worth is $189.8 billion as of August 8, 2020. Based on the day, this figure can fluctuate by literal billions. It’s almost impossible to conceive how much money that is. In fact, I’m not even convinced Bezos understands how much capital he’s sitting on.
To make this a little easier to grasp, let’s assume Jeff Bezos liquidates everything he owns. So now, he has 190 billion dollars in his hands to spend on basically whatever he wants. While a good question might be what can’t he afford, bear with me here.
What could Jeff Bezos feasibly spend his fortune on?
The Entire European Union’s 2020 Budget.
The European Union’s budget for 2020 was 153.5 billion euros. That’s about 181 billion US dollars. Jeff Bezos could legitimately fund the whole European Union’s spending on its economic growth, sustainable growth, security and citizenship, and other administration for a whole year. Not to mention, Bezos would still have about $9 billion in pocket change left over.
Potentially ending world hunger.
Estimates on the cost to end world hunger range from 7 to 260 billion dollars a year. There’s such a massive range in this figure because of how many variables have to do with malnutrition year by year. It’s clear, though. Bezos could potentially spend his fortune on eliminating hunger worldwide. Would he ever do it? Unsure.
485 Boeing 747s
One Boeing 747 costs $386.8 million. Some quick maths, and Bezos could purchase 485 of them with some money left over. Does anyone really need all of this money? Seriously, what’s he doing with it all?
If you’re still unsure if it’s time to eat the rich, hopefully those figures give a bit of insight. Should we be upping these billionaires’ taxes? Let us know.
Thumbnail by Chronis Yan via Unsplash.
Is it time to eat the rich?
Way past time
Eh, not really.