Jeff Bezos Is Still The World's Richest Man

Jeff Bezos Is Still The World's Richest Man


November 15, 2021 | Eul Basa

Jeff Bezos Is Still The World's Richest Man


Amazon founder Jeff Bezos is still the richest man in the world. After recently selling $2.5 billion worth of Amazon shares earlier this month, he will net a total of $1.9 billion, which will bring his estimated net worth up to $192.6 billion. Such is enough to keep him at the No. 1 spot, just above LVMH's Bernard Arnault and Tesla's Elon Musk.

To put that transaction into perspective: $2.5 billion worth of Amazon shares is around 740,000 shares in total, and according to SEC documents, they ranged in price at about $3,274 and $3,485 per share last week. Currently, Bezos owns 52.5 million shares, which leaves him with a 10.4% stake in the company.

Bezos typically profits at least $1 billion from stock sales every year, and he could potentially rake in even more money should he sell again in the next few months. For reference, last year he made over $10 billion across three batches of stock sales that he made in February, August, and November.

In 2017, Bezos said he would continue his regular $1 billion stock sales annually in order to support his space exploration company, Blue Origin. Whether or not his most recent transactions will go toward funding that initiative is still unconfirmed; however, it's clear that Bezos is focused on gearing up the company's efforts to compete against other similar enterprises, such as Musk's SpaceX. Earlier this month, Blue Origin began an auction for one seat on its first commercial flight, which is supposedly set to launch on July 20 of this year.

In comparison, SpaceX is aiming to conduct the first all-civilian mission to space in history sometime in the fourth quarter of this year. Musk hopes the mission will lay the groundwork for more commercial flights to space in the future, and beyond just the billionaires who can afford to take them.

The journey will feature a four-person crew led by Jared Isaacman, the founder and CEO of Shift 4 Payments. In a recent statement, she said that the initiative will be "the realization of a lifelong dream and a step towards a future in which anyone can venture out and explore the stars."

With SpaceX seeing so much progress, Bezos is seriously looking to catch up. In fact, in an open letter to employees, he announced he would also be stepping down as CEO before the end of 2021, which shows just how committed he is to make that happen. He said the move will allow him to spend more time growing his other businesses, including Blue Origin, The Washington Post, and the Bezos Earth Fund, his $10-billion philanthropic commitment to fight climate change.


READ MORE

Intro

The Many Homes And Palaces Of The British Royal Family

Over centuries, the royal family settled into dozens of homes. Grand halls, quiet lodges, city corners. Some of these residences still hold royal footsteps. Others don’t. But each one left its mark.
June 28, 2025 Miles Brucker
Intro

George Kamel Says Frugal People Don't Buy These Everyday Items Anymore

George Kamel, a prominent voice in personal finance, recently spotlighted a revealing trend among penny-wise Americans. Everyday purchases—some long considered non-negotiable—are being reconsidered and even abandoned.
July 2, 2025 Miles Brucker

I just sent my kid off to college last week and want to make serious financial changes around the home. Where do I start?

Sending your kids off to college should be a joyous occasion for all! Not only will they be pursuing, but you'll have more money to pursue yours. Here are some financial changes you might want to make once you have an empty nest.
July 1, 2025 Jack Hawkins

My roommate won $100K on a scratch ticket, then moved out without paying last month’s rent. Do I have any legal way to get my money back?

It's understandable to be frustrated, even furious, when a roommate disappears without paying their share of the rent. We look at what options you still have left.
June 27, 2025 Miles Brucker

My aunt promised to include me in her will if I paid her back taxes. I did, and now she’s left everything to her cat. What now?

If a relative promised to include you in a will in return for your financial help, only to leave everything to their pet, there are legal and practical steps you can take to address the situation.
June 25, 2025 Marlon Wright
Deserted Riches: Where Opulence Turned to Dust

Once-Wealthy Places The World Abandoned And Now Lie Eerily Forgotten

Prosperity once poured through these streets with the sounds of ambition and promise. Today, they stand hollow—buried under sand, water, war, or time itself.
June 26, 2025 Marlon Wright


Disclaimer

The information on MoneyMade.com is intended to support financial literacy and should not be considered tax or legal advice. It is not meant to serve as a forecast, research report, or investment recommendation, nor should it be taken as an offer or solicitation to buy or sell any securities or adopt any particular investment strategy. All financial, tax, and legal decisions should be made with the help of a qualified professional. We do not guarantee the accuracy, timeliness, or outcomes associated with the use of this content.





Dear reader,


It’s true what they say: money makes the world go round. In order to succeed in this life, you need to have a good grasp of key financial concepts. That’s where Moneymade comes in. Our mission is to provide you with the best financial advice and information to help you navigate this ever-changing world. Sometimes, generating wealth just requires common sense. Don’t max out your credit card if you can’t afford the interest payments. Don’t overspend on Christmas shopping. When ordering gifts on Amazon, make sure you factor in taxes and shipping costs. If you need a new car, consider a model that’s easy to repair instead of an expensive BMW or Mercedes. Sometimes you dream vacation to Hawaii or the Bahamas just isn’t in the budget, but there may be more affordable all-inclusive hotels if you know where to look.


Looking for a new home? Make sure you get a mortgage rate that works for you. That means understanding the difference between fixed and variable interest rates. Whether you’re looking to learn how to make money, save money, or invest your money, our well-researched and insightful content will set you on the path to financial success. Passionate about mortgage rates, real estate, investing, saving, or anything money-related? Looking to learn how to generate wealth? Improve your life today with Moneymade. If you have any feedback for the MoneyMade team, please reach out to [email protected]. Thanks for your help!


Warmest regards,

The Moneymade team