Amazon Stores: How Jeff Bezos Creates 40,000 Millionaires (2024)

Amazon (NASDAQ: AMZN) is the #1 e-commerce company in the world.Amazon Stores: How Jeff Bezos Creates 40,000 Millionaires (1)
The company has minted plenty of millionaires among employees and investors. Plus, regular Americans are also getting rich with this Amazon wealth secret.
Click here for details – you could start earning $1,690 – $75,033 every month.
Today, I’m going to explain how you can get started earning cash from Amazon . . .
Inside Amazon’s $279 Billion Business
Amazon is the fifth most popular website in the U.S. – with over 533 million monthly visitors.
That’s a huge audience. And it’s also an attractive audience that’s visiting the website to buy stuff.
That means Amazon is a great place to SELL just about everything.
Amazon currently sells over 12 million products. And this year, the company is expected to see revenues top $279 BILLION.
Owning an Amazon store lets you profit from Amazon’s growth – WITHOUT buying shares of the stock (go here to see how).
Amazon Stores: How Jeff Bezos Creates 40,000 Millionaires (2)
This year, over 1 million Americans have opened up an Amazon store that allows them to sell directly to customers.
Amazon reports that 140,000 people are earning at least $100,000 per year from Amazon stores. And estimates suggest that 40,000 could be earning over $1 million per year!
Just like any business – creating an Amazon store isn’t easy.
Here’s the good news . . .
You can secure one of the Amazon stores that is already built . . . is generating sales . . . has a list of customers . . . and is profitable (go here for my free video with details).
The best part is that once this type of business is built, it basically runs on autopilot. In fact, my research shows that many owners of Amazon stores spend less than five hours per week working on their business.
That means just one hour per weekday. That’s easy to fit into your schedule whether you’re already retired or working a full-time job.
Frankly, I’m talking with my wife about purchasing one of these Amazon stores. It could be a perfect way for us to earn an extra $3,000 – $5,000 per month.
Plus, it’s something that she could do from home for 30 – 60 minutes a day – while the kids are at school.
I’m releasing a special video that explains exactly how this works. And I’d love to share this with you.
This is just one of the 3 Underground Wealth Secrets that I’m releasing today.
Just click here ASAP to access the video.
Yours in Wealth,
Ian Wyatt

Amazon Stores: How Jeff Bezos Creates 40,000 Millionaires (2024)

FAQs

How many people became millionaires from Amazon? ›

In 2017, 20,000 sellers hit $1 million in sales. By 2021, 60,000 sellers had achieved over $1 million in sales in Amazon's marketplaces worldwide, a staggering increase of more than double the number three years ago. Even at a glance, it's notable that this growth is impressive.

Can Amazon make me a millionaire? ›

An investment of $30,000 in Amazon at the start of 2000 would have made you a millionaire now, but if you started with a smaller position and consistently added to it along the way, you may have achieved this feat as well. With Amazon worth around $1.5 trillion, it's basically impossible to repeat its performance.

Where did Bezos get the money to start Amazon? ›

In 1994, Bezos started with nothing but a plan to capitalize on the burgeoning potential of the Internet. He invested $10,000 from his personal savings to incorporate a company called Cadabra, Inc. Eventually, he changed the name to Amazon after one of his attorneys misheard the name as Cadaver.

Where does Jeff Bezos get most of his money from? ›

Bezos' worth is largely tied to the shares he owns in Amazon. A filing with the Securities and Exchange Commission showed that as of November 2023, he owned 988 million shares. Those shares were valued at about $143 billion in early December. Investments in other companies and property also contribute to his wealth.

How did Bezos become a millionaire so quickly? ›

Bezos first became a millionaire in 1997 after raising $54 million through Amazon's initial public offering (IPO). He was first included on the Forbes World's Billionaires list in 1999 with an estimated net worth of $10.1 billion, which placed his on the 19th position in the world and 10th in the USA.

How many Amazon sellers make over $100k? ›

24% of SMB (small- and medium-sized businesses) Amazon sellers have reached lifetime sales of over $100,000: Under $25,000: 47% $25,001-50,000: 10% $50,001-100,000: 6%

Can I make $1000 a month on Amazon? ›

Most Amazon sellers make at least $1,000 per month in sales, and some super-sellers make more than $100,000 each month in sales.

What is Amazon's maximum cash salary? ›

In February 2022, Amazon increased their maximum base salary from $160,000 to $350,000. We created this video to help you understand how you get paid at Amazon.

What makes the most money at Amazon? ›

Amazon Web Services (AWS) currently generates the majority of Amazon's operating profits and is growing at a robust pace.

Who is the no. 1 richest person in the world? ›

Bernard Arnault & Family

Bernard Arnault, the richest person in the world, is the CEO and chairman at Moët Hennessy Louis Vuitton (LVMH), the world's largest luxury goods company encompassing approximately 70 renowned fashion and cosmetics brands.

How much does Jeff Bezos make a day? ›

Jeff Bezos' share of 2023 profits by company
Per second$985
Per minute$59,100
Per hour$3,546,000
Per day$85,104,000
Per week$595,728,000
Feb 22, 2024

What did Jeff Bezos do to get all his money? ›

Jeff Bezos made his money by starting small and evolving aggressively. He probably always knew he would take Amazon beyond the world of book sales. That's why it made sense for him to establish Amazon in the Seattle area, where he could tap into a large pool of talented engineers.

Are there any billionaires giving away money? ›

MacKenzie Scott donated $2.15 billion in 2023 to a total of 360 groups in 35 U.S. states plus in Brazil, India, according to Forbes. Scott has a lifetime giving amount of $16.58 billion with a giving focus on economic, racial and gender equality. The philanthropist has a net worth of $35.3 billion.

How much does Jeff Bezos make in an hour? ›

Jeff Bezos made over $7.9 million an hour every hour in 2023; in under 13 minutes, he brought in the equivalent of what the typical person earns in a lifetime, per Benzinga.

Which billionaire donates the most? ›

Warren Buffett tops our list as the biggest giver for the fourth year in a row, with $56.7 billion in lifetime giving. The 93-year-old CEO of conglomerate Berkshire Hathaway–who also gave away the most in 2023–is on a mission to make sure that he doesn't leave his heirs a fortune.

How many people are successful on Amazon? ›

Amazon has about 9.7 million sellers worldwide. Over 150,000 Amazon sellers have more than $100,000 annual sales. 3rd party sellers on Amazon sold 3.4 billion products, worth $300 billion in 2020. Over 65% of top 10,000 sellers on Amazon use Fulfilled by Amazon (FBA).

What percentage of Amazon sellers succeed? ›

According to TrueProfit, 46% of Amazon sellers achieve an average Amazon FBA success rate of 11-25%. Moreover, 64% of Amazon sellers become profitable within 12 months. However, profitability depends on various factors such as product selection, pricing, marketing, and customer service.

What is the success rate of Amazon? ›

Around 46% of Amazon sellers can achieve an average success rate of 11-25% with 64% likely to become profitable within 12 months, making it a viable opportunity for those looking to sell on the platform.

Who is the richest Amazon person? ›

Jeff Bezos dethrones Elon Musk to become the richest person in the world again. The Amazon founder's net worth was $200 billion, while Musk followed at $198 billion. Jeff Bezos has reclaimed the title of the richest person on earth, surpassing Elon Musk, according to the Bloomberg Billionaires Index on Monday.

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