The reason Jeff Bezos still drives a 1997 Honda Accord after becoming a billionaire seems very reasonable

Jeff Bezos was still driving his 1997 Honda Accord in 2013
Yes, he was already a billionaire
He’s spoken out on why

Jeff Bezos might now fly and sail in luxury, but he was still driving his 1997 Honda Accord in 2013.

He was already a very wealthy man by that point.

He’s spoken out on why, as a billionaire, he didn’t upgrade sooner.

Honestly, it makes a lot of sense.

The billionaire driving a 1997 Honda Accord

He might have founded Amazon.com Inc. and flit between the first and second spot of Forbes Real Time Billionaire list – but the car he was driving in 2013 was remarkably modest.

The current world number two according to Brad Stone’s, The Everything Store, continued driving a 1997 Honda Accord.

It’s in stark contrast to his recent purchase of a $80 million Gulfstream G700 private jet.

jeff bezos honda accordForbes

He also owns a $500 million superyacht with eyewatering upkeep costs.

Earlier this year, Jeff Bezos acquired a third mansion on the exclusive Billionaire Bunker Island for $90 million.

That’s not to mention the $42 million he spent building a clock that will outlast human civilization.

His reasoning for the car? “

This is a perfectly good car,” he said in a 60 Minutes interview with Bob Simon in 1999.

While Amazon was a 5-year-old online bookstore at the time – it was still eyebrow-raising due to his then net worth of about $8 billion.

Other frugal facts about Jeff Bezos

Jeff Bezos Gulfstream G700 private jet nears speed of sound
jeff bezos honda accordGulfstream

Jeff Bezos yacht Koru
jeff bezos honda accordOceanco

Amazon’s headquarters were, at the time, sitting between a heroin needle exchange and a pornography store.

Simon, seeing also Bezos’s desk made from a wooden door and 4x4s, asked why he hadn’t moved the office to a swanky location.

Bezos replied: “It’s a symbol of spending money on things that matter to customers.

An approach that sits aligned with one of Amazon’s core leadership principles: “Accomplish more with less. Constraints breed resourcefulness, self-sufficiency and invention.”

Related Posts

Our Privacy policy

https://reportultra.com - © 2025 Reportultra