Bzose mucho. The first thing to know, Bonnie Low-Kramen tells a full conference room, is that you are not secretaries. His fortune has become so vast that it can be compared to the British monarchy and the GDP of entire countries. lost a quarter of that stake to his ex-wife, Sam Bankman-Frieds Deceptions Allegedly Include Millions in Illegal Campaign Contributions, The Fed Raises Rates as Expected, But Spooks Investors With a Gloomy Forecast, Meta Is Sued for Allegedly Profiting From Hateful Content on Facebook in Ethiopia, Twitter Suspends @ElonJet, the Account Tracking Musks Private Flights. In addition, he is one of the few mega-wealthy individuals who hasn't taken the Giving Pledge, in which he promises to donate at least half of his wealth. At my level, thats a common thread. The stock has now soared 26.3% over the past eight sessions, to lift its market capitalization to $1.20 trillion. Whats our next move? To put his wealth in perspective, Bezos recently purchased a $165 million mansion in Beverly Hills. CDC reinstates mask recommendation for planes, trains, While U.S. hits new job quitting record, this man set his own record 84 years at the same company, The U.S. housing market is historically overvalued. People assume their employer will take care of them, and theyre wrong, Madhany explains. When they say, Im a level-four assistant, everybody understands what that means. Brazier, 50, is another self-made expert on executive assistants. Jeff Bezos quit his job as an executive at D.E. Video, 00:02:17 Jeff Bezos and crew launch into space on New Shepard. Most of these expense were covered by Amazon under a category called security costs specifically for Bezos. He replied that he wanted me in the top range and provided me with a significant bonus to get me there. Later that year the CEO had to take several months off to deal with a family crisis and had Furlano do his job for him. Being an assistant to Jeff Bezos also proved to be a great steppingstone because Hiatt went on to work for other Silicon Valley legends as a Chief of Staff. For San Jose, the number is 8.36 per 1,000. 20 July 2021. Record your achievements, documenting where you saved the company money. MSFT, He has never taken a stock award. Also read: Need more to stream? Bezos owns several expensive homes and businesses. She was my sounding board for sure during that time. Business Insider did the math and Bezos makes approximately $2,537 per second in total. You might start by approaching The Duncan Group, a New York-based search firm that places top-level assistants with CEOs and wealthy families, charging 30% of a first years salary that averages between $125,000 and $150,000. Amazon adds some free HBO content, no Prime Video required, Medicare just crushed the hopes of 750,000 Alzheimers patients a year. On Monday, the 60-year-old shared dinner with Amazon boss Jeff Bezos and his girlfriend, Lauren Sanchez at exclusive London eaterie The Twenty Two . Three years later, he was a billionaire. Bezos received an $81,840 salary and $1.6 million in other compensation from the company last year, according to Business Insider. You dont have to be an expert at everything, Low-Kramen tells them, but you do have to know who the experts are to go to.. Our site uses cookies. In fact, his base salary in 1998 was $81,840. I had to account to my boss and make sure he was comfortable with how I managed his professional world. However, he also owns 80 million shares of Amazon stock, which accounts for the. At a cafe sipping on coffee? But that's just Bezos' salary. Send an email to [emailprotected] so that Bezos or his Executive Team can assist you. 0. troy ounces of gold. (That comes to several hundred thousand dollars altogether.) twice as rich as the entire British monarchy. Copyright 2023 Market Realist. The regulations of FLSA undoubtedly mentioned that any executive assistant who is assisting "a senior executive of a big organization or business owner" is qualified as exempt. Personal information Jeff Bezos. Jeff Bezos has made 34 investments. There are six college degrees that left graduates earning a median salary of $40,000 . On July 1, Bloomberg reported that Amazon stock set a record high at $2,878.70 per share. The company noted other major corporations have even higher CEO-to-worker pay ratios, with Walmart's at 983:1, and CVS at 434:1, according to Payscale.com. 6. Most people, however, have . How do you know what youre worth? Just in the past 12 months, his net worth increased by $82.6 billion. . We just do it, and we do it so well that theyre going to ask us to do it again., How can you land a job like that? Here are some of the things she can teach you: You have to know your managers spouses, childrens and pets names, and their birthdays. Therefore, between the base salary and other compensations, Bezos takes home around $1.7 million annually. The billionaire purchased the newspaper for $250 million in 2013. (CNN) --El fundador de Amazon Jeff Bezos dej su cargo como CEO de la compaa este ao y pasar a ser el presidente del directorio del gigante de comercio electrnico, anunci la empresa. Behind every great executive is an even greater personal assistant Some of the world's most coveted gatekeepers are the women behind influential figureheads such as Nelson Mandela, Bill Gates and Eric Schmidt. Bezos Amazon stake dropped after he carved out a portion of his stake and transferred it to his ex-wife MacKenzie Scott in a divorce settlement. Subscribe to Observers Business Newsletter. Most of the world's richest people have lost money during the pandemic, but according to Bloomberg, Bezos' fortune has grown by $74 billion since the beginning of March. We believe that all company-incurred security costs are reasonable and necessary and for the companys benefit, and that the amount of the reported security expenses for Mr. Bezos is especially reasonable in light of his low salary and the fact that he has never received any stock-based compensation, the company stated in the proxy statement. How to get one step ahead, she says, and anticipate their needs, think like they do, know what theyd like and really become that body double, that brain double that executives can go to for quick options or gut-checks., As his assistant, Hiatt developed a curriculum to teach Eric Schmidt about artificial intelligence and helped negotiate with NBC for YouTubes use of Olympics footage. Professional assistants from across the world will come together to experience two days of intensive training and motivation from the worlds most passionate speakers in the business. Other speakers at the Executive Secretary LIVE event include Microsofts renowned Office Master instructor Vickie Sokol Evans, Admin professional Lisa Olsen, Management Consultant Richard Arnott, US specialist PA trainer Kemetia Foley, PASFA President Anel Martin and event host and international PA trainer Lucy Brazier. Bezos makes about $2.2 million in 15 minutes. Tom Cruise is enjoying the fruits of his success! For example, Amazon pays for its former CEO's security services and business travel expenses. Bezos total compensation last year, which includes no stock awards, was $1.68 million. He also receives capital gains on Amazon stock sales. Full-time US workers also got an approximate $1,500 boost in 2019 from the year prior after the e-commerce giant raised its US minimum wage at the end of 2018 to $15 an hour. Bezos doesn't need it - he already owns 16% of Amazon, a stake. One of the things you learn is to speak up for yourself, that you are worthy, she says. There's a lot of talk about it. She also runs Executive Secretary Live, a touring show of executive assistant gurus that sells out 150-seat halls at $1,600 a person from London to Atlanta to South Africa and beyond. The Amazon CEO's net worth ballooned by tens of billions of dollars during the COVID-19 pandemic as the company's shares rallied amid the rise in online shopping. In fact, his net worth sits at about $82.6 billion. NOW WATCH: MacKenzie Bezos pledged to donate more than half of her life's fortune. Amazon said the boost was always temporary. If Jeff Bezos has time to read and forward customer messages, you . Bezos, who has a bachelor's degree from Princeton University, makes $152,207 every minute, according to Business Insider's calculations. Access your favorite topics in a personalized feed while you're on the go. The billionaire also sells his Amazon shares from time to time to raise money for other projects. Therefore, Bezos' annual income is about $1,681,840. If you break it down further, the billionaire makes about $390 an hour, $6.56 a minute . One insightful session led by Zelda la Grange is sure to inspire. Even though most of these emails do not get a response from him directly, he claims to read them all. Find out what youre really worth using tools like Glassdoor. The court sided with Hewitt in a 6-3 vote. Gone are the days of simply fetching the coffee and sitting at a typewriter. Always have a scan and a printout of everything in his or her wallet. But theres no need to worry about how Bezos can pay for his luxurious homes across the country, his private jet and his swanky vacations. Ann Hiatt was executive assistant to Jeff Bezos and Marissa Mayer, and chief of staff to Eric Schmidt. Based on his annual income of about $1.7 million, Bezos makes more than $140,000 a month, and $4,700 a day. Jeff Bezos Makes More in One Second Than Many People Make in a Week Taking into account his rising net worth over the past few years, Bezos makes about $8.99 billion per month, $2.25 billion. Billionaire Jeff Bezos has made a short journey to space, in the first crewed flight of his rocket ship, New Shepard. Low-Kramen is holding court during a sold-out day of lectures, lessons and discussions at the Sofitel Hotel in New York Citypart of a two-day workshop she conducts around the country called Be The Ultimate Assistant. Bonnie sits on my shoulder every day when Im at work, says Brenda Rogers, 55, the assistant to Norman Abdallah, the CEO of Del Friscos Restaurant Group, a $50 million organization. We believe that all Company-incurred security costs are reasonable and necessary and for the Companys benefit, and that the amount of the reported security expenses for Mr. Bezos is especially reasonable in light of his low salary and the fact that he has never received any stock-based compensation, Amazon said in an SEC filing on Thursday. When he overtook the Microsoft cofounder, Bezos' net worth was a mere $92.8 billion. They are managers. Ten of Bezos's businesses are owned by him. 2121 7th Avenue Seattle, Washington, U.S. 47.615868N 122.339850WCoordinates:47.615868N 122.339850W. +1.17% Bezos has never taken a stock award, either, since he owns 16 percent of Amazon, which is worth $100 billion on its own, CNN reports. Jeff Bezos is the founder and CEO of Amazon. Customers can contact Bezos by contacting him via his personal email address, which he publicizes widely. It goes without saying that answering this question has little to do with being an assistant, but Bezos had a plan. All Rights Reserved. . Shaw & Co. to start Amazon in Seattle. From 1998 until 2021, Bezos' base salary of $81,840 has remained the same. He is the founder, executive chairman, and former president and CEO of Amazon. His parents invested $300,000 in Amazon with the money they gave him. Bezos wealth has surged in the past year along with Amazons share price. Foolproof strategy for stimulating your creativity (and coffee cravings :-)), @UrCoffeeBreak Driving with coffee in the cup holder , Watching documentaries. https://twitter.com/UrCoffeeBreak/status/1623317846511042561. He continues to rank among the worlds top billionaires even after stepping down as Amazon CEO in 2021. It's really a good idea to swing hard, even if you fail. On this" jeffbezos Verified Follow 127,454 likes jeffbezos Verified John Connors has been my executive assistant for the last 19 years. For more information, email Jeff at amazon.com. Assuming a 40-hour work week, Amazons lowest-paid full-time employee in the US will make around $30,000 a year. Copyright 2012-2019 Your Coffee Break Ltd. Made with love in London. Sign up for notifications from Insider! Laura Shepard Churchley, daughter of the first American in space, and Michael Strahan, a former NFL star and TV personality, launched into space on Dec. 11. Whats your superpower? she asks the 30 women and one man in the room (around 95% of executive assistants are female). Jeffrey Preston Bezos (/ b e z o s / BAY-zohss; n Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. The billionaire has pledged $10 billion toward climate programs under the Bezos Earth Fund. The data tells us the 15 best-paid CEOs in tech have a combined annual income of over $83bn - which is greater than the entire gross domestic product of hundreds of countries. The five richest colleges in the US in 2018 based on the size of their endowments were Harvard University, with $38.3 billion, the University of Texas system, with $30.9 billion, and Yale University, with $29.4 billion, Stanford University with $26.5 billion, and Princeton University with $25.9 billion. At the end of 2018, Bezos was worth $160 billion. Nobody asks us to do it. Executive assistants in fields like tech and finance earn much more, averaging nearly $90,000. Though it might be a tall order for Jeff Bezos to give a raise to all of Amazons 575,000 employees worldwide, increasing the hourly minimum for the lowest-paid 350,000 in Amazons home country is a good place for the richest man on the planet to start. Brazier says she wants to get assistants to think biggerto become uber-assistants, strategic partners to their CEOs. At birth he was actually named Jeffrey Preston Jorgensen. Combining tips of the trade, tech pointers and Tony Robbins-type affirmations, she seeks to boost both the know-how and spirits of her students, who include top-level assistants, administrative staffers for companies and government, and household managers for super-wealthy families whose identities theyve sworn to conceal. The requests kept coming. In addition to Amazon, Bezos owns space travel company Blue Origin and media publisher The Washington Post. It's exceptionally rare for a candidate to go into a job interview that overprepared, but she was. Bezos said in the letter the company is aiming to be "Earth's best employer.". However, despite Amazon's dominance, you may still be surprised at how much money Bezos makes a day or per second. Bezos earned 58 times that in 2020, with an annual compensation of $1,681,840, the same as the year prior. He said: "We always take risks, we always talk about failure. Amazon CEO Jeff Bezos thanked his executive assistant John Connors on Wednesday in an Instagram post for his services. In a pair of follow-up tweets Musk further explained that "Mary Beth was an amazing assistant for over 10 yrs, but as company complexity grew, the role required several specialists vs one . help to challenge his thinking and shadow him at meetings. Here's how she went from one of Amazon's first employees to an award-winning novelist. I empower them to understand that they do know better. she says. Bezos, 57, and . +3.01% Their latest investment was Angel Round - HempNFibers on Oct 9, 2022, when. Stay up to date with what you want to know. Theyre schooled on how business organizations worktricks like adopting various social styles to be persuasive and strengths like the ability to say no to a CEOs face. When she isnt covering women in career/business, fashion, lifestyle and culture, shes playing with her pup the inspiration for her doggy daycare business. In addition to that core income, he's entitled to a range of other perks. That is so foundational to what you do as an assistant. Then, if you make it to an interview, of which there are several, everything you say means something. He now holds the title of executive chair (officially). In Amazons After his mother divorced his father, she married Cuban immigrant Miguel . While looking at his annual income, you might not truly understand just how massive this amount is. Our swings will be insufficient if we don't. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's . His net worth is greater than the GDP of Qatar, a country rich in oil and natural gas resources. As Bloomberg notes, Bezos net worth is2,687,125times the median US household income and equivalent to 0.85% of US GDP. When looking at Bezos' spending power compared to a typical American household, the comparison is stark. You can follow him on Twitter @TomiKilgore. Click the AdBlock Plus button on your browser and select Disable on Observer.com. Today, Gates remains the world's second-richest person with a net worth of $125 billion. How to create the ultimate home office: Our top tips & tricks http://bit.ly/3YhseYr, YES this speaks to me! She details how to overcome adversity and deliver change as she learned to do. Bezos' fortune is greater than those five universities' endowments combined with $39 billion to spare. The average American man with a bachelor's degree will earn about $2.2 million in his lifetime, according to the Social Security Administration, and the average American woman with a bachelor's degree will earn $1.3 million in her lifetime. The company. Jiloty will also reveal the secrets of her phenomenal career: a path that has taken her from a lowly volunteer for state and local political campaigns to Executive Assistant to New York Senator Hillary Rodham Clinton before landing her current role: overseeing all administrative aspects of Bill Gates professional responsibilities to the Bill & Melinda Gates Foundation and Microsoft. But beyond tips and tricks, Low-Kramen works to build up her students self-appreciationtheir most valuable assetand the conviction that theyre sometimes more astute than their managers. The company had faced criticism for the wage gap between workers and C-suite executives, CNBC reported at the time. But advertising revenue helps support our journalism. I empower them to understand that they do know better, says Low-Kramen. Photo: TNS, AP These days, for many households it might be hard to remember a time before Alexa, Amazon's all-knowing voice assistant. Based on his annual income of about $1.7 million, Bezos makes more than $140,000 a month, and $4,700 a day. Amazon founder Jeff Bezos has a net worth of $1 billion, according to Bloomberg. If the US had introduced a moderate wealth tax in 1982 when the first Forbes 400 data on American billionaires was published his net worth at the time would have been about half that, or $86.8 billion, according to a September 2019 studypublished in Brookings Papers on Economic Activity. Last year, Buffett received a salary of $100,000 and recorded $289,000 in security expenses; while in 2017, Zuckerberg incurred $7.3 million in security costs on Facebooks account and took only a $1 salary. He owns two other companiesThe Washington Post and the spaceflight company Blue Originand has made numerous personal investments in companies like Twitter through his venture capital firm Bezos Expeditions. Jeff Bezos and Amazon's echo Alexa. As for Amazon's US full-time employees, they saw more of a wage boost in 2020. For example, on March 15, his estimated wealth was $166 billion in the . Rogers first met Low-Kramen in 2011 for a one-on-one training session, and she returned for a Dallas workshop two years later. Jeff Bezos, the world's richest person, is worth $190 billion, according to Bloomberg's Billionaires Index. What Bezos makes per second is shocking. Four months into the pandemic last June, Amazon dropped its $2-per-hour hazard-pay bump for 250,000 warehouse workers as the company announced its highest sales growth in three years. Last year, Bezos took home $81,840, Amazons latest proxy statement revealed. ", Money is an inescapable issue for Low-Kramens students and people like them. Working for Bezos, though, doesn't come without any downsides. Nobody is going to say you did a great job. Driving? Blue Origin enabled Bezos to level up with fellow billionaire Richard Branson by reaching space in July 2021. But Bezos remains at the top. releases a lot less often than other issuers, but when it does, it releases a lot. All rights reserved. And that, ladies and gentlemen, is how Ann Hiatt become Jeff Bezos' assistant. Amazon.com Inc. founder and Chief Executive Officer Jeff Bezos received $1.68 million in total pay last year, unchanged from 2012, including $81,840 in salary and $1.6 million to cover security . What Jeff Bezos' Smart Take on Personal Branding Can Teach You About the Importance of Thought Leadership . Cliff Owen SALT LAKE CITY Jeff Bezos is the richest person in the world, even though he makes $81,840 a year, CNN reports. Bezos makes more money per second than the typical US worker makes in a week Since mid-October 2019, Bezos' fortune has grown by $80 billion. Bezos had been paid the same cash salary for 20 years without ever getting a raise, according to Amazons historical filings. Bezos and other billionaires who own stocks can turn them into cash without having to sell them. Bloomberg reports that MarketWatch reported 7 million shares owned by Amazon as of May 2021. first person in history to be worth $200 billion. The median Amazon worker made $29,007 in 2020, a $159 increase from the year prior. Contribute beyond what is expected, she advises. What would make need loans? 2:17. He's rivaled by Tesla CEO Elon Musk, whose worth has passed him a couple times this year, according to Fortune. Going for a walk? I wanted to do the job better, she says. Bezos has never taken a stock award, either, since he owns 16 percent of Amazon, which is worth $100 billion on its own, CNN reports. Top editors give you the stories you want delivered right to your inbox each weekday. For example, Bezos received $1.6 million last year for security-related services and business travel. Break that down on an hourly basis and, assuming he makes money 24 hours a day, he increased his net worth by $19 million an hour in the past year. Who is Jeff Bezos EA? You have to tell yourself that.. That latter figure is more than three times what the median US worker makes in a week. The company reported a median annual compensation of $37,930, a boost of $1,290, resulting from "special bonuses and incentives awarded to our teams in 2020 in recognition of their role serving communities during the COVID-19 pandemic," Amazon said in its proxy. +1.66% In a sense, you already have a personal brand. Moodys says these cities may see prices drop up to 10%, Amazon started offering employees a $15 minimum wage last year. Amazon . The Amazon chief executives total compensation last year was $1,681,840. . From 1998 to 2021, Bezos earned a base salary of $88,840, with additional compensation bringing the total to more than $1.6 million each year. I thought, Well, I guess I am. Six months after she told her manager that she hoped to be named chief of staff, she was promoted all the way to vice president of administration and given a 20% salary increase. Last year, Bezos took home $81,840, Amazon's . Hiatt was very clever and explained to Bezos that she would start her estimation with the population of the city, then figure out how many homes the city has, etc. Describe Jeff Bezos. Business Assets Income Salary. Fellow Amazonians: I'm excited to announce that this Q3 I'll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO. Jeff Bezos Currently Makes $3,715 Per Second Image by 3D Animation Production Company from Pixabay Taking into account his rising net worth over the past few years, Bezos makes about $8.99 billion per month translating to $2.25 billion per week, or $321 million per day, according to Vizaca.com. Ann Hiatt, who has been an executive assistant to Amazons Jeff Bezos and Googles Eric Schmidt, has appeared on Braziers tour multiple times. The only U.S. companies more valuable were Apple Inc. . We get it: you like to have control of your own internet experience. AAPL, The stereotypical, meek, Mad Men style typists are far from the reality of todays assertive, versatile EAs, PAs and Administrative professionals. Of course, he hasalternative sources of income outside of Amazon. ICTSD (International Centre for Trade and Sustainable Development) was established in 1996 as a non-profit organization based in Geneva, Switzerland. Amazons stock surged more than 4% Thursday, for its third-straight record close, as the company benefited from a surge in e-commerce demand with the COVID-19 pandemic resulting in stay-at-home mandates. Bezos owns about 10% of Amazon stock or 53 million shares. A dispatch from the world of modern work. Business Insider. DJIA, Facebook is due to release 2018s executive compensation figures later this month. Bezos founded Amazon, founder of The Washington Post, and Blue Origin, an educational space exploration company . Hes made that salary for the last 10 years, according to CNN. Also in Amazons proxy statement, the company disclosed that the median annual total compensation for its full-time U.S. employees was $36,640 in 2019, up 4.4% from 36,096 in 2018. If you send me a rsum that has typographical mistakes, misspelled words and, we get this all the time, somebody who doesnt know the difference between principle and principal, Im not interested, she says with a wave of her hand. You dont become the worlds richest person by being a mere salaryman. For more information, email Jeff at amazon.com. Consumer services are a subsector of the industry. And an incredibly lucrative 2020 has kept Bezos firmly on top. as well as other partner offers and accept our. He also has an additional $1.6 million coming in from other methods of compensation. What is Jeff Bezos personal assistant salary? Bezos' net worth was a mere $92.8 billion. Even businesses that appear successful on the surface will not endure if they do not create value for those they touch. . Hiatt studied up on the Amazon and cited several of the company's goals and initiatives, which aligned with her career goals. The Amazon CEO's net worth took a hit of more than $10 billion in 2019 and he still didn't lose his spot as the world's richest person. In fact, Bezos' fortune is comparable to the GDPs of entire countries. Consumer discretionary is the largest sector. A wealth tax has been a hot topic during the 2020 presidential race, with Democratic nominee Joe Biden as well as former candidates Bernie Sanders and Elizabeth Warren calling for increased taxes on the super-rich. Visit Business Insider's homepage for more stories, a bachelor's degree from Princeton University. Dont miss: Amazon stock hits record high on hopes for a coronavirus-related boom. While Bezos has handed over the keys to Andy Jassy, he remains as chairman and CEO. These are not people who are sitting there doing tea and typing, she points out. The cash balance is $34 billion and the investment value is $9 billion. What are Jeff Bezos question mark emails? Being a gatekeeper to anyone is not easy. His net worth exploded by $75 billion during 2020 as the. Jeff Bezos Net Worth 2023. In a historic move, Amazon announced today (Oct. 2) that it willraisethe minimum wage for all of its US workers to $15 an hour, a move that will affect 250,000 full-time employees and 100,000 seasonal workers for the e-commerce giant. SERVICES TO CONSUMERS. Learn how you can help create a productive, creative, and compassionate work culture. Like Twitters Jack Dorsey, who was also paid a tiny CEO paycheck, Bezos didnt receive any additional bonuses or stock awards. Personal Investments. What is Jeff Bezos personal assistant salary? the first Forbes 400 data on American billionaires was published. That got Debbie Furlano, executive assistant to the CEO of a $120 million construction company, a 13% raise when she broached the subject with her boss. Jeff Bezos's net worth of $118B can buy . Stay up to date with what you want to know. . We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Theyre directly impacting the bottom line, and theyre not asking for things to compensate them for that.. As Chief Executive Officer, Director at AMAZON COM INC, Jeffrey P. Bezos made $1,681,840 in total compensation. Last year, sales at AWS grew to $45.4 billion, or 12 percent of the company's revenue and 63 percent of its. They are career-driven and business savvy with a thirst for success and most importantly recognition. Jeff Bezos and rumored fiance Lauren Sanchez are still going strong, as the pair were snapped arriving in Los Angeles aboard a $65 million private jet Tuesday. Her speakers have included Reggie Love, a former personal aide to Barack Obama; Zelda La Grange (Nelson Mandela); and Lauren Jiloty (Bill Gates and Hillary Clinton). September 13, 2018 - Bezos announces via Twitter that he and his wife will commit $2 billion to a fund called "Bezos Day One Fund." The fund will support nonprofits that help homeless families. Bezos thanked John who has been assisting him since the past 19 years. However, he also owns 80 million shares of Amazon stock, which accounts for the bulk of his estimated net worth of $165 billion.