How could the richest man in modern history spend his fortune in Romania?
Amazon founder Jeff Bezos became the richest man in modern history as his net worth topped USD 150 billion on Monday, July 16, according to the Bloomberg Billionaire Index. The Amazon CEO is richer than anyone else on earth since at least…
Romania Insider · Journalist
· Updated · 3 min read

Amazon founder Jeff Bezos became the richest man in modern history as his net worth topped USD 150 billion on Monday, July 16, according to the Bloomberg Billionaire Index. The Amazon CEO is richer than anyone else on earth since at least 1982, when Forbes started publishing its billionaires’ ranking. His fortune is the equivalent of three quarters of Romania’s entire output for one year. Romania’s GDP amounted to some USD 215 billion in 2017. Moreover, the 7.47 million households in Romania spent in total close to USD 65 billion last year. The Romanians' total wealth amounted to some USD 250 billion, or about USD 13,000 per capita, according to the Romanian National Bank's data. This makes Bezos 11.5 million times richer than the average Romanian. If he decided to sell his 17% stake in Amazon, the world’s biggest online retailer, and invest in Romania, here’s a list of what Jeff Bezos could buy with his money:
- All the modern shopping centers in Romania – USD 10.5 billion: Romania has about 3.5 million sqm of modern retail area, evaluated at an average USD 3,000 per sqm based on disclosed deals and valuations. Prices range widely from over USD 5,500 per sqm for AFI Cotroceni mall in Bucharest to under USD 1,500 per sqm for malls outside Bucharest (Shopping City Sibiu). AFI Cotroceni mall in Bucharest - valued at EUR 500 mln (Photo source: AFI Europe)
- All the modern office buildings in Romania – USD 9.8 billion: The total modern office area in Romania amounts to almost 3.5 million sqm, 2.6 mln sqm of which is in Bucharest. Recent transactions (Immofinanz takeover of Campus 6.1 in Bucharest) indicate valuations of around USD 2,800 per sqm. Campus 6 office project in Bucharest (Photo source: the developer)
- All the logistics and industrial parks in Romania – USD 1.35 billion: The total area of the modern logistics and industrial parks in Romania amounts to over 3 million sqm. Valuations range around USD 450 per sqm. Logistics park near Bucharest (Photo source: the company)
- The Parliament’s Palace – USD 2.5 billion: The landmark building in central Bucharest, built at the order of Communist dictator Nicolae Ceausescu, is the second-biggest administrative building in the world. It currently hosts the Romanian Parliament but much of its 300,000 sqm area is unused. The valuation is a conservative one, based on the building’s taxable value, which was set at some RON 9.3 billion (USD 2.3 billion) in 2016, according to a Government document. The Parliament's Palace in Bucharest (Photo source: Shutterstock)


