uniladtech homepage
  • News
    • Tech News
    • AI
  • Gadgets
    • Apple
    • iPhone
  • Gaming
    • Playstation
    • Xbox
  • Science
    • News
    • Space
  • Streaming
    • Netflix
  • Vehicles
    • Car News
  • Social Media
    • WhatsApp
    • YouTube
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
TikTok
Snapchat
WhatsApp
Submit Your Content
This is how long it would take Jeff Bezos to spend all his money if his budget was $1,000,000 a day
Home>News
Published 17:28 26 Jul 2024 GMT+1

This is how long it would take Jeff Bezos to spend all his money if his budget was $1,000,000 a day

It'd take a pretty long time

Rebecca Oakes

Rebecca Oakes

google discoverFollow us on Google Discover
Featured Image Credit: David Ryder/Stringer/PM Images/Getty
Money
Jeff Bezos
Amazon

Advert

Advert

Advert

With an estimated net worth of $198.6 billion according to Forbes, Amazon founder Jeff Bezos is a level of rich most of us can't even dream of.

In fact, he's the second wealthiest man on Earth, being pipped to the post by only Tesla's Elon Musk at $221 billion.

So, while the rest of us count our pennies during the cost of living crisis, contemplating whether that $5 Starbucks is really worth it, Bezos could spend an eye-watering $1 million every day if he really wanted to.

But what if he did? If Jeff Bezos splashed out $1 million every day, how long would it take for his fortune to run out?

Advert

As the second wealthiest person on Earth, Jeff Bezos doesn't need to worry about his money running out any time soon (Karwai Tang/WireImage)
As the second wealthiest person on Earth, Jeff Bezos doesn't need to worry about his money running out any time soon (Karwai Tang/WireImage)

While you'd think this would happen fairly quickly given what a massive sum of money that is, when you do the math, you come to realize it'd actually last much longer than you could even begin to imagine.

If Bezos did decide to start doling out $1 million every single day - if he could even find something to spend it on that is - it would take him a whopping 544 years to go broke.

And to think it takes a mere month to use up our measly salaries.

However, rather than splashing seven figures a day, Bezo's net worth is used elsewhere. The business magnate is said to have an impressive $570 million property portfolio.

He's also known for being pretty generous with his cash.

In 2022, the 60-year-old pledged to give away 'most' of his eye-watering fortune to good causes.

Even if he spend $1 million every day, he'd still have enough to last him for than 500 years (Samir Hussein/WireImage)
Even if he spend $1 million every day, he'd still have enough to last him for than 500 years (Samir Hussein/WireImage)

This started with a $100 million grant to Dolly Parton to continue her philanthropic work.

He also pledged to give $10 billion dollars to the Bezos Earth Fund by 2030 - which he set up to help combat climate change and protect nature.

But he admits giving away his fortune isn't easy.

Appearing on CNN at the time alongside partner Lauren Sánchez, he said: "The hard part is figuring out how to do it in a levered way.

"it’s not easy. Building Amazon was not easy. It took a lot of hard work, a bunch of very smart teammates, hard-working teammates, and I’m finding - and I think Lauren is finding the same thing - that charity, philanthropy, is very similar."

He added: "There are a bunch of ways that I think you could do ineffective things, too. So you have to think about it carefully and you have to have brilliant people on the team."

  • Heart-wrenching video of 72-year-old Amazon worker projected onto Jeff Bezos' $120M NY penthouse
  • Jeff Bezos heads up Met Gala 2026 but tech companies have been slowly taking over since 2012
  • Jeff Bezos targeted with nearly 300 'bottles of urine' in Met Gala protests
  • Fired Amazon worker issues message to Jeff Bezos as video is projected directly onto billionaire's penthouse

Choose your content:

5 mins ago
10 mins ago
an hour ago
2 hours ago
  • Joao Luiz Bulcao/Hans Lucas/AFP via Getty Images
    5 mins ago

    Scientists uncover hantavirus can live in human semen ‘for up to six years’

    The hantavirus outbreak occurred on a cruise ship sailing across the Atlantic Ocean

    News
  • Bettmann via Getty Images
    10 mins ago

    Declassified docs reveal disturbing torture methods CIA used in mind-control program

    Records related to the infamous MKUltra program

    News
  • YouTube/I Fix Hearts by Dr. Ovadia
    an hour ago

    Everything that happens to your body when you eat refined carbs as doctor warns they're ‘destroying your heart'

    Refined carbs are found in some of the most commonly eaten foods

    Science
  • Beata Zawrzel/NurPhoto via Getty Images
    2 hours ago

    Your Android phone is about to get a lot smarter as Google announces major free upgrade

    Google revealed new features at its livestreamed Android Show event

    News