Jeff Bezos Made $6.2 Billion in 5 Minutes and Became the World’s Richest Person (How Was Your Thursday?)

Want to see what that much cash looks like? Here’s a visual representation, because a picture is worth 6.24 billion words.

EXPERT OPINION BY BILL MURPHY JR., FOUNDER OF UNDERSTANDABLY AND CONTRIBUTING EDITOR, INC. @BILLMURPHYJR

OCT 27, 2017

Imagine you’re good friends with Jeff Bezos, and you had a great day, and you can’t wait to tell him about it. So you email Jeff Bezos at Amazon to share the details, and then you ask him, politely: “Enough about me, Jeff–how was your day?”

Jeff doesn’t want to upstage you, but he can’t help it, if he’s being truthful:

“Not bad,” he’ll say. “I made more than $6 billion in five minutes.”

This is no joke. Amazon’s stock jumped 7.1 percent yesterday afternoon, on the news of its amazing third-quarter earnings report. At 4 p.m., as the market closed, it was trading at $972 a share; five minutes later in after hours trading, it popped to $1,041.15. 

And since Bezos still owns about 17 percent of Amazon’s common stock, if you do the math: boom, $6.24 billion. It means Bezos’s total net worth is now about $83.5 billion, and should return him to the top spot on the list of the world’s richest people.

The Amazon CEO wasn’t the only master of the universe to see a giant leap Thursday. Larry Page and Sergei Brin picked up $1.2 billion and $1.15 billion each, after Alphabet’s stock surged on an earnings report. And Bill Gates is worth an extra $340 million based on Microsoft’s jump.

But seriously, your friend Jeff Bezos’s increase? It’s insane. I don’t begrudge him; Amazon is an amazing company, but just how much is $6.24 billion?

  • It’s enough to buy lunch for literally every single person in the United States (at about $19 each, mind you).
  • It’s almost exactly twice President Trump’s entire net worth, according to Forbes.
  • It’s just a bit less than the entire gross domestic product of the country of Kyrgyzstan. 

Here’s another visualization. Some people on Reddit spent a long time figuring out exactly how much cash you could stuff into a standard briefcase like you see in the movies. For simplicity’s sake, we’ll round it off to $1 million.

So imagine that for some implausible reason that Bezos decided to take his five-minute earnings, convert them to cash, and store it all in 6,240 briefcases. They’d weigh more than 68 tons together, and if we imagine that this dollar sign ($) represents a single briefcase, here’s what they’d look like lined up next to one another:

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Not a bad haul. So how was your Thursday in comparison? Let us (and Bezos) know in the comments.

The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

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