Jeff Bezos could pay every American’s rent for a month and…

Jeff Bezos could pay every American’s rent for a month and…

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Some elements of this story were previously reported and updated by Benzinga.

jeff bezosFounder of the e-commerce giant Amazon.com Inc AMZN and several other ventures, has amassed an extraordinary amount of wealth over the years. In fact, Bezos’ net worth is so colossal that he could single-handedly cover the cost of renting every household in the US for a month and still have another $10.58 billion left over Mark Zuckerbergthe founder of Metaplatforms Inc META.

wait what Accordingly, he is the third richest person in the world forbesBezos is worth $125.9 billion alongside Zuckerberg, who is worth $74.9 billion.

What about the rent? Around 44 million Americans rent and pay over $40.41 billion a month as of January 2023 Data from “The Zebra”.

While Bezos wouldn’t be able to pay Americans’ rent for the whole year, he could pay the $40.41 billion for a month and still have $85.48 billion left — or 10, $58 billion more than Zuckerberg is currently worth.

Also read: Which billionaire owns the most land in the US? Note it’s not Bill Gates

Has Zuckerberg lost wealth this year?

According to Forbes’ Billionaire Index, Zuckerberg’s net worth has fluctuated wildly over the past six months as investor sentiment has shifted over the future development of Facebook’s parent company Meta.

The 38-year-old’s 13.5 percent stake in the company he founded, or about 367 million Meta shares, has given him a net worth of about $43.5 billion.

The company is facing growing opposition from sites like TikTok and criticism for its investment in the Metaverse, a virtual world Zuckerberg has predicted as the future of the internet.

Continue reading: Here are 5 foods Mark Zuckerberg can’t live without

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