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

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?

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)

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."