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Author Topic: Do you think Jeff Bezos will beocme a trillionaire?  (Read 248 times)
nostrings
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July 09, 2018, 12:44:25 AM
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With Amazon slowly taking over the world and the blue origin company setting its sights on asteroid mining , Jeff Bezos has a very real chance of becoming a trillionaire.

Do you guys think he will actually achieve this in his lifetime?

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July 09, 2018, 04:22:05 AM
 #2

Jeff Bezos net worth going back to $40 Billion  Grin

For mobile phones/smartphones, TV, computers etc.. you can buy directly from manufacturer's website (Example Samsung, Dell). Look at all the types of electronics, devices, products etc.. on Samsung website. Dell sells directly from their website

On Amazon etc.. you will get 30% of the products only. What more products and price can Amazon and super e-commerce websites offer than the manufacturer/factories. The concept of amazon.com etc.. looks flawed/scam/unwanted just like dot.com bubble which is about to burst and then disappear.
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July 09, 2018, 01:27:05 PM
 #3

I really don't think its possible considering how old he already is. He would need a 10x in his current net worth to be a trillionaire.  Amazon is a massive company but I don't see it growing that much.

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July 11, 2018, 04:57:47 AM
 #4

Amazon has some very ambitious and futuristic plans for their future. The idea of delivering goods via drone was a concept they may have played a role in pioneering. Their recent acquisition of whole foods hints @ them pursuing organic foods for local markets in the future. They're selling plants on their website. Bestbuy and target have begun to emulate amazon in terms of them both adopting "free shipping". Walmart to a lesser extent has tried (and failed) to do the same.

Its too early to say what the long term outlook for amazon will be. If they will succeed in killing off their competition with their aggressive, predatory and innovative strategies to eventually centralize retailer markets and enjoy something like a monopoly in terms of having dominant marketshare. I think that even if they are successful @ dominating US markets they eventually will face competition from china who is attempting to do many of the same things amazon is, if in different sectors and to different customers.

Jeff Bezos is on the top 5 wealthiest list. I haven't checked but his net worth is likely tied up in the value of amazon stock. If AMZN appreciates to a high enough value Bezos could become an eventual trillionaire, at least in terms of net worth. I think it would require a substantial (and unlikely) amount of growth in the price of amazon stock for that to happen though.

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July 11, 2018, 05:05:28 AM
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I believe Amazon is going to stay for a long while. They didn't stop at just being a marketplace only but all technologies they provided were all quality and innovative.
Nowadays, everyone of us has an amazon account. A lot of households own amazon dots, amazon echos which make them buy more and more from amazon.
Alexa came out and it was trusted and favored over other voice recognition technologies. Alexa + music was a part of my life too.

With all these facts, CEO of Amazon, Jeff Bezos is going to earn a lot more from it. And if the USD Dollar does not lose much of its value we will never know how much Jess is going to earn.
BUT 1 trillion?? I dont think the whole top 10 richest people wealth added up would even equal that much.
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July 11, 2018, 06:20:04 AM
 #6

Amazon exists and thrives only because of Aliexpress and all the other Chinese dropshippers and wholesale companies.Anyway,they are doing a good job diversifying their business and not relying only on retail sales.
I kinda like amazon web services and Kindle,but a don`t buy stuff from the amazon marketplace.
No,Jeff Bezos will never become a trillionaire.Nobody can become a trillionaire.

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July 11, 2018, 06:34:08 AM
 #7

Amazon exists and thrives only because of Aliexpress and all the other Chinese dropshippers and wholesale companies.Anyway,they are doing a good job diversifying their business and not relying only on retail sales.
I kinda like amazon web services and Kindle,but a don`t buy stuff from the amazon marketplace.
No,Jeff Bezos will never become a trillionaire.Nobody can become a trillionaire.
Amazon is a great company but I don't think Jeff Bezos will become a trillionaire not unless he enter in a world of crytocurrency which everything is possible here. But I know Amazon will not do that.

Jeff Bezos net worth going back to $90 Billion  Grin

Seriously? If this is the case there is really no room for Jeff Bezos to become a trillionaire. Lol.

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July 11, 2018, 06:40:13 AM
 #8

It's impossible. What is much more real is that Apple will reach 1 trln market cap. This would be hilarious Cheesy
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July 11, 2018, 09:29:21 AM
 #9

Of course he is, all he need is to convert a few million USD of his money to other foreign currency.  LOL
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July 12, 2018, 09:12:14 PM
 #10

With Amazon slowly taking over the world and the blue origin company setting its sights on asteroid mining , Jeff Bezos has a very real chance of becoming a trillionaire.

Do you guys think he will actually achieve this in his lifetime?

With all the potentials that Amazon has, I can say there is no limit to the amount it can get to because now with the recent opening up with partnering with individuals in the area of delivery thereby cutting out conglomerates that live fat on the huge invoices they are being paid. Using this model means a form of reduction in cost thereby increasing revenue. When that happens, it means more dividend and high share price thereafter more money for Jeff Bezos.

However, I think he is already a trillionaire as it depending on the country and currency one is evaluating his net worth. For countries whose exchange rate is relatively low to the dollars, Jeff Bezos might be rich enough to finance the nation's entire which would have been running into trillions in their own currency.

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July 17, 2018, 05:02:11 AM
 #11

With Amazon slowly taking over the world and the blue origin company setting its sights on asteroid mining , Jeff Bezos has a very real chance of becoming a trillionaire.

Do you guys think he will actually achieve this in his lifetime?

Well,Maybe he can.Nothing is impossible when you pursue your dreams and if Jeff Bezos will become trillionare as per on my research his age is now 54.I guess it's so amazing if he did it.
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July 17, 2018, 05:34:27 AM
 #12

I really don't think its possible considering how old he already is. He would need a 10x in his current net worth to be a trillionaire.  Amazon is a massive company but I don't see it growing that much.
Yups,as i am guessing maybe half a trillion is the highest amount he might have before leaving the earth surface because hes ols enough and this cant be happen overnight ,what you mean if the amazon itself will become a trillion dollar value in future so it may

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July 17, 2018, 07:03:49 AM
 #13

Jeff Bezos net worth going back to $90 Billion  Grin

It is reported that his Net worth is 143,1 billion USD

I fail to see what this has to do with the economic impact that this will have on Bitcoin? He currently has more wealth than the entire market cap of Bitcoin. <114,879,000,000>  Roll Eyes

What might help, is if he decides to accept Bitcoin as a direct payment option on Amazon.  Grin He also likes to invest in disruptive technologies, even if they are seen as "Bubbles"

https://www.ccn.com/cryptocurrency-hedge-fund-bitcoin-succeed/

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July 17, 2018, 02:31:59 PM
 #14

I don't think so.  But we can help him like peoples donate to that Kardashian who wants to be first youngest self-made billionaire.  So, anybody want to donate to make Jeff Bezos become trillionaire?

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July 17, 2018, 03:03:26 PM
 #15

Do you know what Jeff Bezos is missing in his life? Amazon Crypto Coin. If he launches that coin as an official payment option on Amazon marketplace it will sell like hot cakes. Even better if it's mineable and tradeable on exchanges and has its own wallet. I bet it would be a mighty alternative to Amazon gift cards. By the way there has been a survey about this and it looks like Amazon customers are loving the idea:

Quote
More than half of respondents in a new LendEDU survey said they would use an Amazon-created cryptocurrency for purchases on the site. More than 58% of Prime users said they would consider using "Amazon Coins." And about 45% are open to possibly using Amazon as their primary bank account.

I think Jeff Bezos' net worth will skyrocket if he really greenlights some project like this. And other big online marketplaces will be forced to follow suit or else they will be left behind.

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July 17, 2018, 03:23:54 PM
 #16

I don't think so.  But we can help him like peoples donate to that Kardashian who wants to be first youngest self-made billionaire.  So, anybody want to donate to make Jeff Bezos become trillionaire?

Why we would do that? Give an donation to Jeff bezos to become trillionaire? Billionaire is almost enough to say that you are a rich person. Amazon is an growing company they launches a coin with a great potential but not all and i don't think Jeff will reach it by Amazon crypto coin.

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July 17, 2018, 04:01:06 PM
 #17

With Amazon slowly taking over the world and the blue origin company setting its sights on asteroid mining , Jeff Bezos has a very real chance of becoming a trillionaire.

Do you guys think he will actually achieve this in his lifetime?
Although amazon has diversified its business very much and most of the world do online shopping from this biggest online retailer and this business is going to survive for long enough and it will do business of billions in future.But still it will be difficult for jeff bezos to became a trillionare anytime as it will take approx growth of 10x for him to reach that position.I don't think anyone at current would reach that level.
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July 17, 2018, 04:17:23 PM
 #18

Chances are may be may not be , how can we just say if he can be not. anything could  happen in 10 years of time. Amazon is massive massive company and i don't believe with amazon itself he can reach to that height. but with that makes anything could happen.
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July 17, 2018, 04:28:38 PM
 #19

I don't think its possible anymore. One of the main reason being is that there is lot of competition in the market and now a days most of the products can be easily bought directly from the manufacturer website. So, its not going to happen.
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July 17, 2018, 04:39:16 PM
 #20

NO. Because there is only so much wealth in this world. Also his wealth is based off stock prices shooting up. If a recession hits then his wealth might cut in half. And according to current statistics Amazon should first become a 10 trillion dollar company for Jeff Bezoz to become a trillionaire. His wealth has always been around 10% of amazon's valuation. And he has already penetrated majority of the markets. The only way he can make more money is by taking over the space exploration which is next to impossible since there are other countries that do a better job at a cheaper price and then there is space X. NO other industry can actually provide so much revenue for him to become a trillionaire. And the only reason amazon grew to be such a big company was because there are no major competitors for amazon in developed countries.

The next big markets are China and India. There are competitors in China and India that are going toe to toe with amazon and amazon is sinking billions to capture those markets. But its not paying off as of now because other giants like Walmart are providing financial support to the competitors or taking over competitors to oppose amazon's monopoly. The remaining countries are underdeveloped countries who do not have the infrastructure to support amazon.

Maybe he can if he opens a bank and stores half the world's wealth in it and takes interest for the wealth generated or create a new country and make is a developed country and then take part of its taxes. But first he still has to cross the richest man in recent history - John D Rockefeller.
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