The $1.7million reflects not the increase in Bezos' net worth, but the cost of Bezos' employment to the company (salary + security and transportation). This is what actually shows up in expenses in Amazon's financials.
AFAIK, Jeff hasn't gotten a stock grant since the IPO in 1997, so the vast majority of his net worth gains are purely capitol gains from holding amazon stock for over 20 years. Since there have not been additional stocks granted, this increase in Bezos' wealth actually costs Amazon nothing, not even dilution, as it's just an increase of value of existing shares.
AFAIK, Jeff hasn't gotten a stock grant since the IPO in 1997, so the vast majority of his net worth gains are purely capitol gains from holding amazon stock for over 20 years. Since there have not been additional stocks granted, this increase in Bezos' wealth actually costs Amazon nothing, not even dilution, as it's just an increase of value of existing shares.