In fact, the monthly paycheck of the worlds richest person, Amazon CEO Jeff Bezos, is barely bigger than that of a junior engineer at his company. Most people, however, have . He has never taken a stock award. Today, Gates remains the world's second-richest person with a net worth of $125 billion. She also runs Executive Secretary Live, a touring show of executive assistant gurus that sells out 150-seat halls at $1,600 a person from London to Atlanta to South Africa and beyond. Send an email to [emailprotected] so that Bezos or his Executive Team can assist you. While Bezos has handed over the keys to Andy Jassy, he remains as chairman and CEO. Duncan likes to think of her students and the assistants she places as executive life managers. Whether they reach the top or not, theyll never have it easy, she admits. While looking at his annual income, you might not truly understand just how massive this amount is. Working for Bezos, though, doesn't come without any downsides. Kindle E-Reader. What would make need loans? That latter figure is more than three times what the median US worker makes in a week. Always have a scan and a printout of everything in his or her wallet. Amazon . Bezos earned 58 times that in 2020, with an annual compensation of $1,681,840, the same as the year prior. I empower them to understand that they do know better. she says. His parents invested $300,000 in Amazon with the money they gave him. Have you ever wondered how a billionaire like. You dont have to be an expert at everything, Low-Kramen tells them, but you do have to know who the experts are to go to.. Here are a Few Tips to Get You Started, 39 Questions to Make Small Talk With Anyone, How Working Remotely Can Increase Happiness. Are executive assistants respected? The median Amazon worker made $29,007 in 2020, according to the company's annual proxy statement. Jeffrey Preston Bezos (/ b e z o s / BAY-zohss; n Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. On July 1, Bloomberg reported that Amazon stock set a record high at $2,878.70 per share. Jeff Bezos is the richest person in the world and runs the third-largest company by market capitalization in America, so theres a good chance he doesnt much care that his low base salary, which is just a little more than double that of Amazon.com Inc.s median U.S. employee, hasnt changed since the company went public. Amazon stock hits record high on hopes for a coronavirus-related boom, Need more to stream? For more information, email Jeff at amazon.com. Over the past 12 months, Amazons stock has rallied 29.1%, while Apple shares have run up 41.1%, Microsofts stock has hiked up 45.4% and the Dow Jones Industrial Average For more than 20 years, John Connors has served as Jeff Bezos' executive assistant. Supporting executives at that level means mirroring them and knowing how to manage them. The stereotypical, meek, Mad Men style typists are far from the reality of todays assertive, versatile EAs, PAs and Administrative professionals. Amazon said the boost was always temporary. But advertising revenue helps support our journalism. Visit a quote page and your recently viewed tickers will be displayed here. Amazon.com Inc. founder and Chief Executive Officer Jeff Bezos received $1.68 million in total pay last year, unchanged from 2012, including $81,840 in salary and $1.6 million to cover security . That means that in just one minute, the Amazon chief makes well over three times what the median US worker makes in a year: about $41,000, according to Bureau of Labor Statistics data. Amazon stock shot up almost 40-fold, sending Bezos's personal fortune above $12 billion. Bezos has never taken a stock award, either, since he owns 16 percent of Amazon, which is worth $100 billion on its own, CNN reports. A smiling admin at a municipal agency says she excels at PowerPoint and public safety. Learn more about our use of cookies: Cookie Policy, Behind every great executive is an even greater personal assistant, Time to Give Your Home a Powerful Spring Clean with My Henry, Scotlands Best Solo Travel Destinations this International Womens Day, Ladies of Legacy: Women to Remember and Celebrate this International Womens Day, Need Money Fast? calling for increased taxes on the super-rich. The regulations of FLSA undoubtedly mentioned that any executive assistant who is assisting "a senior executive of a big organization or business owner" is qualified as exempt. It's exceptionally rare for a candidate to go into a job interview that overprepared, but she was. Jeff Bezos purchase a Beverly Hills home in 2021. Personal information Jeff Bezos. Yes, but: Amazon has paid millions of dollars per year to protect Bezos. SERVICES TO CONSUMERS. Gone are the days of simply fetching the coffee and sitting at a typewriter. The stock has now soared 26.3% over the past eight sessions, to lift its market capitalization to $1.20 trillion. He recently lost a quarter of that stake to his ex-wife, MacKenzie Bezos, as a result of their divorce. What Jeff Bezos' Smart Take on Personal Branding Can Teach You About the Importance of Thought Leadership . Dont miss: Amazon stock hits record high on hopes for a coronavirus-related boom. How do you know what youre worth? On Monday, the 60-year-old shared dinner with Amazon boss Jeff Bezos and his girlfriend, Lauren Sanchez at exclusive London eaterie The Twenty Two . But theres no need to worry about how Bezos can pay for his luxurious homes across the country, his private jet and his swanky vacations. Business school professor and popular author Adam Grant just recently called for companies to cap the ratio between CEO pay and mean employee wages, arguing it would benefit everyone involved. to match our employee benefits and our $15 minimum wage, Bezos wrote in a letter to. In 2015, at Buckingham Palace, she addressed the royal personal assistant staff. Here are some of the things she can teach you: You have to know your managers spouses, childrens and pets names, and their birthdays. One insightful session led by Zelda la Grange is sure to inspire. Shaw, moving to Seattle and founding Amazon in a home garage in 1994. El. People may receive compensation for some links to products and services on this website. For comparison, his CFO Brian Olsavsky, sales chief Jeff Blackburn, consumer CEO Jeff Wilke and Amazon Web Services CEO Andrew Jassy all made more than $150,000, plus generous stock awards, last year. The debate over CEO pay is not just about begrudging the wealth of the very rich, but about the widening gap between the very rich and the average-earning employees who work for them, a ratio that has exploded in recent decades. 2:17. CDC reinstates mask recommendation for planes, trains, While U.S. hits new job quitting record, this man set his own record 84 years at the same company, The U.S. housing market is historically overvalued. Billionaire Jeff Bezos has made a short journey to space, in the first crewed flight of his rocket ship, New Shepard. The billionaire also sells his Amazon shares from time to time to raise money for other projects. Like most Americans, Bezos' net worth took a dive in 2022 and dropped by $65 billion according to Insider. first person in history to be worth $200 billion. The Amazon headquarters' telephone number is 1-888-280-4331 or 1-206-266-1000 (Jeff Bezos). In a historic move, Amazon announced today (Oct. 2) that it willraisethe minimum wage for all of its US workers to $15 an hour, a move that will affect 250,000 full-time employees and 100,000 seasonal workers for the e-commerce giant. For all of Amazons global compensated workforce other than Bezos, the median compensation last year was $28,848, making the CEO pay ratio 1 to 58. Executives assistants do a very tough job. How much money does Jeff Bezos actually have in his bank account? This means, that over the past six months, Bezos has lost $10 billion a month, approximately $391 million dollars a day, and $16 million an hour. Even though most of these emails do not get a response from him directly, he claims to read them all. We just do it, and we do it so well that theyre going to ask us to do it again., How can you land a job like that? However, we all know that isn't how much Bezos is truly making. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. Four months into the pandemic last June, Amazon dropped its $2-per-hour hazard-pay bump for 250,000 warehouse workers as the company announced its highest sales growth in three years. Though Bezos' annual salary is only $81,840, most of his wealth comes from his Amazon shares. Though it might be a tall order for Jeff Bezos to give a raise to all of Amazons 575,000 employees worldwide, increasing the hourly minimum for the lowest-paid 350,000 in Amazons home country is a good place for the richest man on the planet to start. However, Bezos is still doing pretty well for himself. Annual SalaryMonthly Pay25th Percentile$34,000$2,833. "Amazon CEO Jeff Bezos and his girlfriend, Lauren Sanchez, have weathered a tabloid scandal, a lawsuit, and maybe even interference from a foreign government. He replied that he wanted me in the top range and provided me with a significant bonus to get me there. Later that year the CEO had to take several months off to deal with a family crisis and had Furlano do his job for him. Since 1998, Amazon has paid Bezos an annual base salary of just over $80,000. var sharebutton_is_horizontal = false; document.write('
Explore
Drag