4 ms·
I wonder how much each one of those original $50,000 investments is worth now.
by haberman 14y ago
I wonder how much each one of those original $50,000 investments is worth now.
- adventured 14y agoI think it's safe to guess that Bezos didn't give up much more than 10% to get started for that. From what I recall his family also holds shares and invested, whether they were part of that group I don't know. Bezos now owns roughly 20% (Forbes and Bloomberg peg his wealth around $20b to $25b usually depending on Amazon's market cap at the time), and he hasn't been an active buyer or seller for the most part over the years (he has sold a very small portion). So if Bezos retained 80% to 90% at the time of this deal, and assuming his shares weren't specially protected (and I'm not aware they were).... If that group held 10%: each $50k is worth $125 million If that group held 20%: each $50k is worth $250 million That's assuming no sales occurred over time of course. That's a decent ballpark either way, and even if you skew the numbers either direction it's a massive return.
- deleted 14y ago[deleted]