Business Insider reports:
Jeff Bezos’ reign as Amazon CEO will come to an end on Monday, and he’ll be stepping down as the world’s richest person.
He will be retiring from the role at the age of 57 with an estimated $199 billion in wealth, according to Bloomberg’s Billionaire’s Index. The fortune largely consists of his hefty Amazon holdings and other assets. He received an $81,840 salary and $1.6 million in other compensation from Amazon last year.
His fortune is 739,489 times the median net worth of an American at the age of 65, the average age at which people in the US retire, according to the US Census Bureau.
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Jeff Bezos is retiring at 57 with $197 billion — 739,489 times the median American’s retirement wealth https://t.co/vdcl1S7WSK
— Tech Insider (@TechInsider) July 4, 2021