Cliff Owen, Associated Press
In this Sept. 13, 2018, file photo Jeff Bezos, Amazon founder and CEO, speaks at The Economic Club of Washington's Milestone Celebration in Washington.

SALT LAKE CITY — Jeff Bezos is the richest person in the world, even though he makes $81,840 a year, CNN reports.

He’s made that salary for the last 10 years, according to CNN.

Bezos has never taken a stock award, either, since he owns 16 percent of Amazon, which is worth $100 billion on its own, CNN reports.

Yes, but: Amazon has paid millions of dollars per year to protect Bezos. For example, Bezos received $1.6 million last year for security-related services and business travel.

According to Amazon, the security costs are "especially reasonable in light of his low salary and the fact that he has never received any stock-based compensation."

12 comments on this story

Bigger picture: Bezos still makes a lot of money. In fact, his net worth sits at about $82.6 billion. According to Quartz, he makes the annual salary of a $15-an-hour Amazon employee every 11.5 seconds.

  • Amazon started offering employees a $15 minimum wage last year. Bezos has now challenged other companies to offer a competitive wage, according to The Verge.
  • “Today I challenge our top retail competitors (you know who you are!) to match our employee benefits and our $15 minimum wage,” Bezos wrote in a letter to shareholders. “Do it! Better yet, go to $16 and throw the gauntlet back at us. It’s a kind of competition that will benefit everyone.”