Three cheers for the world's first trillionaire

Why Jeff Bezos becoming a trillionaire would be a great thing for all of us

Jeff Bezos.
(Image credit: Illustrated | Getty Images, iStock)

As every legitimate investment warns, "Past performance is no guarantee of future results." But if the financial past did somehow accurately predict the financial future, it would be awesome for Jeff Bezos. Amazon's founder and CEO is already worth nearly $150 billion, even after paying out a $38 billion divorce settlement in 2019. And if shares of the online retailer just keep on doing what they've been doing over the past five years — the stock has already mostly rebounded from a brief pandemic plunge — Bezos's 11 percent equity stake would make him a trillionaire by sometime in 2026.

Clearly this is not a sophisticated calculation. It's just the practical magic of compounding interest. But it's plenty good enough for social media, which has run wild with a click-bait press release containing that forecast from "small business advice platform" Comparisun.

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