Prime Day, Amazon’s annual special sale for Prime members, is scheduled for July 11 and 12, 2023. With over 200 million customers worldwide, Prime Day normally generates some astounding sales figures. Amazon (AMZN) will earn $12 billion from Prime Day sales in 2022. Amazon’s success as the world’s biggest online retailer is one of the primary reasons behind founder Jeff Bezos’ billions. In fact, Prime Day sales were a major factor in his being named the world’s wealthiest person in 2018.
According to the Bloomberg Billionaires Index, Amazon’s former CEO and current executive chair has a net worth of $153 billion as of July 2023.
Bezos, the world’s third wealthiest person in 2023, owns The Washington Post, space exploration firm Blue Origin, and has assets in real estate and other industries. From 2018 through 2021, Bezos was the wealthiest person on the planet; in July 2021, his net worth reached a record $210 billion.
He established Amazon.
Bezos built established the world’s biggest online store as its founder and former CEO. Amazon achieved $514 billion in net sales in fiscal year 2022.
In 2022, the corporation will account for 6.5% of all retail sales in the United States and 44.9% of digital retail expenditure. According to Amazon’s 2022 annual meeting notification, Bezos holds more than 64.5 million shares, or 12.7% of the firm.
Amazon was launched in 1994 in his garage with a $10,000 investment and assistance from his now ex-wife Mackenzie Scott.
Scott obtained a 4% interest in Amazon valued at $36 billion upon their divorce in 2019.
Bezos stepped down as CEO of Amazon in 2021 but remains as executive chairman.
