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Jeff Bezos
Founder and CEO, AmazonBirth DetailsJanuary 12, 1964 | Albuquerque, United States
NationalityAmerican
LeagueEntrepreneur
EducationB.S. in electrical engineering and computer science, Princeton University
Net Worth$148.3 billion (as of June 1, 2020)
Jeff Bezos' Assets:
Jeff Bezos' Journey so far ...
Before you go ...
- Amazon
- Blue Origin
- The Washington Post
Jeff Bezos' Journey so far ...
- Even before beginning his journey as an entrepreneur, Jeff Bezos was a successful corporate executive. He was the youngest- ever senior vice-president of the Wall Street investment bank D.E. Shaw & Co. during his tenure
- In the early ‘90s, the World Wide Web or the Internet was in its nascent stage and Bezos was contemplating investment opportunities for the firm. That’s when the possibilities of the technology and its massive growth -- around 2000% annually -- caught his attention
- He left his corporate job in 1994 and moved to Seattle to start his own company
- Initially, an online book store, the company’s primary development process began from the garage of his rented house with five employees
- Amazon.com was finally open for the public in July 1995, and with over 1 million titles claimed itself to be ‘Earth’s Biggest Book Store’
- Bezos had a clearly thought- out service which made navigating through the website really easy. Soon, Amazon allowed customers to post reviews, offered discounts and had a personalised book- recommendation mechanism in place
- Amazon’s popularity was growing fast and by the end of 1996 the company’s sales grew to over $15 million
- Amazon went public in 1997 with shares priced at $18 a piece
- The company diversified its offerings in the summer of 1998 to include CDs followed by the addition of videos later that year
- By the next year, Bezos had started investing in other e-commerce businesses operating in sectors such as pharmaceuticals
- In 2005, Amazon further diversified and now its product line, among others, included clothing items, electronics and hardware goods
- The same year, Amazon Prime -- a membership program through which US customers could avail two-day shipping services for eligible orders -- was also introduced
- Bezos took his company to the next level by introducing their cloud-computing service -- Amazon Web Services (AWS) -- in 2006
- In 2007, the company released an e-book reader called Kindle which soon became one of their best- selling products
- Bezos ventured into the entertainment business with his production house Amazon Studios in 2010
- In 2013, he acquired the publishing company The Washington Post for $250 million
- On July 27, 2017, Jeff Bezos replaced Bill Gates as the richest person in the world. Though his first term in the top spot lasted only for a few hours, he came back strong and within a few months he not only became the richest, his net worth also exceeded the $100 billion mark on November 27, 2017, making him a centibillionaire
- By 2018, Amazon’s annual sales had grown to around $233 billion
- Bezos has invested in several start-ups and successful ventures including Twitter, Airbnb and Uber. His other ambitious projects include the 10,000-year clock planned to be built into the Sierra Diablo mountain range in Texas, the F-1 engine retrieval project, etc.
- Currently, Jeff Bezos owns around 11% stake in Amazon and continues to be the richest person in the world
- Jeff Bezos founded an aerospace company called Blue Origin in 2000 with the aim to promote space travel using reusable launch vehicles
- In a historic suborbital flight on June 20, 2021, the Amazon founder accompanied by a hand-picked group blasted into space aboard his company Blue Origin's New Shepard launch vehicle and returned safely to Earth. The rocket reached an altitude of about 106 kilometres
Before you go ...
- Bezos originally wanted to name his company ‘Cadabra’ -- taken from the word ‘abracadabra’
- He was paid an annual salary of $81,840 in 2019 which is the same he has been drawing for over two decades
- He has played cameo roles in Hollywood movies such as Tooth Fairy and Star Trek Beyond
Last Updated: 22/07/2021
Jeff Bezos News
What happened when Jeff Bezos, Lauren Sanchez, and Kim Kardashian were spotted jet-skiing together in Greece?Kim Kardashian, Jeff Bezos, and Lauren Sanchez are having a great time jet skiing and sailing around Greece on their vacation. The three have been spotted together at several events and are good friends.
Failure to tax world's richest means global tax needed: reportThe idea of a global tax on the richest is already supported at the G20 by Brazil, France, Spain and South Africa -- although the United States has opposed it. Tuesday's report by economist Gabriel Zucman calls for a coordinated minimum tax standard for ultra-high net worth individuals, arguing "the very wealthy benefit from a gigantic tax privilege".
This US state allows surgical castration as punishment for sex crimes against children. Will other states follow it?The new Louisiana law will apply to certain aggravated sex crimes, including rape, incest and molestation against a child under the age of 13. The sentence is not automatic, it would vary from case to case.
The Bikeriders streaming: Is the Tom Hardy starrer available on OTT?Directed by Jeff Nichols, "The Bikeriders" is a period drama that immerses viewers in the niche culture of a 1960s Chicago riding club. With a stellar cast including Tom Hardy, Austin Butler, Norman Reedus, and Jodie Comer, the film explores the life and evolution of this motorcycle club.
Back to basics: Louisiana passes law to display Moses' Ten Commandments in every classroomAs a first in the United States, Louisiana has passed a law that requires the Ten Commandments by religious figure Moses, to be displayed in all classrooms in public schools across the state, according to latest reports.
Jeff Bezos and Lauren Sanchez vacation in Greece on their expensive yacht. What did they do there?Jeff Bezos and Lauren Sanchez were spotted exploring Greece. Lauren Sanchez and Jeff Bezos are the owners of two famous yachts.
- Jeff Bezos reveals his morning routine: Scrolling, coffee and moreIn a Lex Fridman Podcast episode, Amazon boss Jeff Bezos revealed that he does not let work come into his way the moment he wakes up.
Phineas and Ferb Revival: Here’s everything you may want to know about release window, where to watch, plot and moreDisney+ greenlit a 'Phineas and Ferb' revival for two seasons. Creators Dan Povenmire and Jeff "Swampy" Marsh confirm new episodes will continue the series with a new summer vacation. No release date is announced, but past episodes are on Disney+.
What Ghazal Alagh learned from Jeff Bezos? Mamaearth co-founder reveals her decision-making strategyGhazal Alagh, co-founder of Mamaearth, has adopted a strategic technique inspired by Jeff Bezos, aiming to enhance decision-making at Honasa Consumer Ltd. Her method involves visualizing consumers in strategic meetings, reflecting a customer-centric approach akin to Amazon's strategies. This innovation has garnered rapid engagement on LinkedIn, prompting discussions on the inclusion of employees in decision-making processes.
Is it possible to house a trillion people in space? Jeff Bezos’s vision may run into rough weatherExperts point out that there are numerous challenges while envisaging people staying outside Earth in the solar system. Deep and extensive research will be needed before people can start living in space ships outside our planet.
'Survivor' Season 50: Will it be longer with more contestants? This is what CBS President has saidThe US version of the 'Survivor' series premiered on May 31, 2000, on CBS. Jeff Probst hosts the show and also works as an executive producer along with Mark Burnett and the original creator, Parsons.
Jeff Bezos’ ex-wife MacKenzie Scott donates whopping amount to Black mothers, goes viral. Details hereAfter receiving $38 Billion as the divorce settlement, Jeff Bezos’ ex-wife MacKenzie Scott has donated to organizations working for decreasing maternal mortality rates, and groups working in the fields of arts, education, affordable housing, and public health.
Sweet Tooth Season 4: Creator finally reveals if there will be more seasons"Sweet Tooth" is adapted from the DC comic series created by Jeff Lemire. The original comics, which ran for 46 issues, offered a complete and contained storyline. However, the Netflix adaptation has taken creative liberties, expanding beyond the narrative of the comics.
White Collar reboot in the works: Will the original cast return? Creator Jeff Eastin reveals detailsWhite Collar fans can rejoice as series creator Jeff Eastin has revealed that a reboot is officially in the works. Eastin made this surprising reveal during Variety's TV Fest on June 6.
Jeff Bezos attends graduation ceremony of fiancee Lauren Sanchez's son. Who is he and who else attended the partyJeff Bezos’s fiance shared an Instagram post in which she is seen attending the graduation ceremony of her son. This was an all-family event in which even billionaire Bezos attended.
Will 'Pirates of the Caribbean' star Johnny Depp be new ‘Satan’? Here are the detailsActor Johnny Depp who is known for his role in movies such as the 'Pirates of the Caribbean', will be playing the role of ‘Satan’ in an upcoming movie directed by Terry Gilliam.
ESPN fires ex-NBA coach, legendary brother slams broadcasterESPN has laid off former NBA coach-turned analyst Jeff Van Gundy who worked for ESPN since 2017.
'Old Man: Season 2': Release date, star cast, storyline, all you may like to know'Old Man' Season 2 will focus on the search for Angela. It will lead to searches in Hong Kong, Afghanistan and other places.
Sweet Tooth Season 3: Premiere date, cast and what awaits fans in the final seasonSince its premiere on Netflix, Sweet Tooth (2021-) has enthralled global audiences, establishing itself as a cherished fan favorite. The success of Season 2, garnering 48.3 million hours of views within its initial four days, has only heightened the excitement for what's to come.
- Want to travel to space? Learn how much space tourism costsGopi Thotakura, an entrepreneur and pilot, became the first Indian space tourist. He flew aboard Amazon founder Jeff Bezos's Blue Origin's NS-25 mission. Thotakura was one of six crew members selected for this mission, marking him as the first Indian space tourist and the second Indian to venture into space after Wing Commander Rakesh Sharma in 1984. The NS-25 mission took off from Launch Site One in West Texas, Blue Origin announced.
Survivor Season 46 Finale: Check out release date, time and where to watchThe Survivor Season 46 finale airs on CBS on May 22, 2024, at 8:00 pm EST. It will also be available on Paramount+. No official trailer is available yet. Five contestants remain in the game.
US's 1st Black astronaut ventures into space!Dwight, now 90, got to experience a few minutes of weightlessness with five other passengers aboard the Blue Origin capsule as it skimmed space.
Indian expatriate Gopi Thotakura becomes first Indian space touristIndian expatriate Gopi Thotakura made history as the first Indian space tourist, joining Jeff Bezos' Blue Origin's NS-25 mission, the 25th for New Shepard. The mission, with 6 crew members, including Thotakura, completed its 7th human spaceflight. Former Air Force Captain Ed Dwight was among the crew, fulfilling a long-delayed opportunity. New Shepard has now flown 37 people to space, fostering a road to space for Earth's benefit.
Heat 2: Is Austin Butler starring in the sequel? Actor reveals truth behind rumoursFans are speculating that Austin Butler may be starring in the highly-anticipated sequel, Heat 2. Renowned for his versatile acting abilities and captivating on-screen charisma, Butler is loved by both fans and media.
Melody for Monday: Alive by Pearl JamThe beauty of the song lies in its juxtaposition of heavy brooding while shouting out what it means to be resilient, to survive.
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