Barry Ritholtz, Columnist

Billionaire Bezos and the Warehouse Workers

His net worth might be as much as 100 billion times that of many Amazon workers.

April 20, 2018 at 5:22 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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We have just learned that the median salary of employees at Amazon.com Inc. is $28,446, excluding its chief executive officer and founder, Jeff Bezos. That pitiful number raises an intriguing question: Is Amazon a high-paying tech company or a low-wage retailer?

“Both” is the obvious answer, but to this Amazon aficionado1524242400751 that answer is incomplete.