- Jeff Bezos’ $81,400 wage hasn’t modified since 1998
- Amazon pays out round $1.6 million in safety and journey bills for its founder
- Different Amazon execs take residence $365,000 in pay, in addition to tens of millions in bills
Amazon founder Jeff Bezos nonetheless earns a base wage of round $81,400 from the corporate, yars after stepping down as CEO – a determine that has remained unchanged since 1998.
Even with the comparatively low wage, Bezos has by no means taken bonus or extra compensation from the corporate, which he has beforehand stated is by alternative.
His $81k wage can be intentionally low and never aligned with typical exec constructions, with most of his wealth as a substitute coming from Amazon shares, of which he owns round 8%, price lots of of billions.
Article continues beneath
It’s possible you’ll like
Jeff Bezos solely takes an $81k wage regardless of his web price
Bezos is presently price an estimated $250 billion, making him the third-richest particular person on the earth and considered one of many price the same determine – falling far wanting Elon Musk’s $800+ billion web price.
Nonetheless, whereas Bezos does not take the everyday exec wage, he’s nonetheless entitled to appreciable compensation from the corporate’s bills funds, racking up round $1.6 million yearly in safety and journey prices.
“Mr. Bezos requested to not obtain extra compensation and has by no means obtained annual money compensation in extra of his present quantity,” Amazon’s 2026 proxy submitting with the Securities and Alternate Fee, reads.
In the meantime, different Amazon execs take residence a pay of $365,000, together with its present CEO, Andy Jassy – though he claimed different bills associated to safety and travelling.
“As a result of Mr. Bezos’s substantial inventory possession, he believes he’s appropriately incentivized and his pursuits are appropriately aligned with shareholders’ pursuits,” the submitting continues.
Amazon share costs are up round 42% in 5 years, presently at an all-time excessive of $241 and on the way in which up once more after latest occasions, so the expenditure might not have a lot of an impact on the ultimate accounts.
Observe TechRadar on Google Information and add us as a most popular supply to get our professional information, critiques, and opinion in your feeds. Be sure that to click on the Observe button!
And naturally you too can observe TechRadar on TikTok for information, critiques, unboxings in video type, and get common updates from us on WhatsApp too.
