Stop pretending like you don’t care about how one of the richest men in the world spends his money
Two weeks ago, Jeff Bezos usurped the title of the richest man in the world from Microsoft founder Bill Gates. At the time, his net worth was valued at $90.6 billion – $500million more than Bill Gate’s net worth. However, that euphoria was short-lived. Hours after he took pole position, Amazon’s stock price dropped and Bill Gates reclaimed his spot, thus maintaining the balance of the universe. Well, the 1% of the universe anyway.
Of course, we already told you all that.
What we can take away from all this though is that it’s only a matter of time until Bezos makes that title his own and rules the roost. Until that day comes though, we could look at how one of the richest men in the world spends his dough. Pay attention, you could learn a trick or two.
Unlike his peers in annual rich lists, Bezos hasn’t pledged a large chunk of his wealth to charity. That’s not to say he doesn’t do his bit for the less fortunate, but he’s yet to commit like the other bigwigs.
Request for ideas… pic.twitter.com/j6D68mhseL
— Jeff Bezos (@JeffBezos) June 15, 2017
The Washington Post
In August 2013, Bezos bought The Washington Post for $250m. Bezos bought the newspaper at a time when it was haemorrhaging money. The Post has since seen a resurgence to the point where its online readership rivals that of the New York Times.
AT $25m, Bezos’ home in Medina, Washington – a former textile museum – is the most-expensive house in the Kalorama neighbourhood. By contrast, the Obamas own the second most-expensive home. Besides that, Bezos also owns a 2.03-acre property in Beverly Hills, Calif., worth about $25m and three linked apartments in The Century building in Manhattan worth $17m.
A lifelong Star Trek fan – evidence suggests he even took his grooming cues from Patrick Stewart’s Captain Jean-Luc Picard – Bezos founded aerospace company Blue Origin to make space tourism more affordable. He’s so enamoured with his passion project, he’s reportedly selling $1bn in Amazon stock a year to fund it.
Rich boy toys
While sportsmen prefer spending their millions on tricked-out cars, the real rich people prefer jets. Bezos owns a $65m private jet Gulfstream G-650ER. Not too shabby for a man who had his wife drive him to work in a Honda Accord long after he became a multimillionaire.
Finally, you don’t become one of the richest men in the world without smart investments. We wouldn’t pretend to know about every investment Bezos has made, but we know that he has invested in companies like Google, Business Insider, Uber and Airbnb.