Amazon founder Jeff Bezos is worth 156,725 bitcoin today.* A year ago, he was worth 274,227 bitcoin. Over the past 12 months, Jeff's net worth has decreased by -42.8%, if it is denominated in bitcoin. How has Jeff's wealth changed over time? We're calculating it daily:
We can see, that Jeff's net worth has substantially decreased over time if it is denominated in bitcoin. Let's see how his wealth has decayed on a log chart:
Trending lower here too. Of course, there's a lesson here! Any fiat investment is trending to zero if it is repriced in bitcoin: Stocks, bonds and real estate. Any fiat wealth is treding to zero in bitcoin terms over time while bitcoin is winning the market test against fiat currency. That should give us pause, if we don't own any bitcoin.
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*Our methodology for Bezos's wealth calculation:
We use Bezos shares in amazon.com as a proxy for his total wealth.
We multiply his shares with the share price and divide that number by the fully diluted market cap of bitcoin (price multiplied by 21 million).
We then multiply that number by 21 million, to see how much bitcoin Jeff could buy using all of his Amazon shares.
The calculation is performed on every trading day.