Envision a world where attending Princeton University costs you about two quarters and staying in one of the most luxurious hotels in Dubai for a week would cost less than a nickel. That's the reality for the Amazon CEO and many of his rich counterparts, relatively speaking.
On Thursday, Jeff Bezos announced his new $2 billion "Day One Fund" to create preschools and help homeless families. At a net worth of about $164 billion, according to Bloomberg, Bezos is the wealthiest person on the planet. The average American's median household total wealth is $97,300, according to Federal Reserve 2016 data (latest available).
So, for Bezos, everything is on a grander scale. Spending $2 billion on a noble cause would actually feel like spending $1,187 for the average American.