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So how big is salary of under-fire Jeff Bezos, the world’s richest person?

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Much of the wealth of Jeff Bezos – CEO of Amazon and founder of spaceflight services company Blue Origin – is derived from the value of his Amazon shares. Photo: Bloomberg/ Matthew Staver.
Much of the wealth of Jeff Bezos – CEO of Amazon and founder of spaceflight services company Blue Origin – is derived from the value of his Amazon shares. Photo: Bloomberg/ Matthew Staver.
Luxury CEOs

US Senator Bernie Sanders slams Amazon CEO’s wealth, which grows ‘by US$275 million a day’, but basic wage is a lot less than most people might think

United States Senator Bernie Sanders called out Amazon CEO Jeff Bezos on Twitter – comparing the executive’s wealth to that of a typical worker at the e-commerce company, who makes a little over US$28,000.

While Bernie Sanders may have been making a point on Tuesday about employees’ wages, Bezos’ annual salary is likely to be much smaller than what most people might expect.

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Sanders tweeted: “Amazon founder Jeff Bezos’ wealth increases by US$275 million every single day. Meanwhile, Amazon workers have to rely on food stamps and public assistance just to survive.”

The tweet posted by US Senator Bernie Sanders about Jeff Bezos’ wealth. Photo: Twitter
The tweet posted by US Senator Bernie Sanders about Jeff Bezos’ wealth. Photo: Twitter

Though Bezos owns one of the largest technology companies in the world and earned the top spot on the Forbes 2018 richest people list, his annual salary is US$81,840 according to Bloomberg.

Much of his wealth comes not from his salary but from the Amazon shares that he owns.

Bezos holds 78,893,033 shares or 16.3 per cent of the shares outstanding.

While the figure is more than double what the typical Amazon worker makes, Bezos’ annual salary is not as much as what a typical doctor or US congressman makes in a year.

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