Jeff Bezos

The world’s richest man Jeff Bezos reveals how he thinks about spending his infinite amounts of cash

Amazon CEO Jeff Bezos just lately became the world’s richest man with an accrued internet price of $105 billion.

How does earth’s wealthiest tech mogul assume about deploying his billions?

At an awards occasion hosted by Axel Springer and Business Insider US editor-in-chief Alyson Shontell, Bezos opened as much as Axel Springer CEO Mathias Döpfner about how he intends to spend his staggering quantity of private capital.

“The only way that I can see deploying this much financial resource is by converting my Amazon winnings into space travel,” mentioned Bezos.

Bezos mentioned he intends to proceed to make use of the majority of his earnings to fund his house program Blue Origin, which Bezos mentioned he at the moment funds with $1 billion of Amazon inventory per yr.

“Blue Origin is expensive enough to be able to use that fortune,” mentioned Bezos. “I plan to continue [liquidating Amazon stock to fund Blue Origin] for a long time.”

Bezos mentioned he felt fortunate to have accrued an unbelievable quantity of wealth, which may very well be used for what he described as a “mission driven purpose” that he believed would have long-term significance.

When pressed as as to whether or not Bezos deliberate to make use of his earnings on any responsible pleasures, he laughed.

“I don’t think [my pleasures] are that guilty,” he mentioned. Bezos mentioned he prefers spending time with his spouse and kids and talked about a latest trip to Norway the place he and his household stayed in an ice lodge and went canine sledding.

“It was an incredible vacation and we got it all done in three and half days,” Bezos mentioned.

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