Jeff Bezos net worth
Current Net Worth – $191.4 Billion (USD – 18,780 Crores), (Rupees – 14.1 Lakh Crores)
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Jeff Bezos short biography
|Net Worth||$191.4 Billion|
|Born||January 12, 1964 (Age – 57)|
|Identified as||Founder & CEO of Amazon|
|Status||American Business Magnate|
|Education||Princeton University, Bachelor of Arts/Science (1986)|
|Spousal status||Married (MacKenzie Scott)|
(M. 1993; div. 2019)
|Current Partner||Divorced (MacKenzie Scott) (M. 1993; Div. 2019)|
He is the founder and CEO of Amazon, a multibillion-dollar technology corporation.
According to Forbes, he was the world’s richest person, with a net worth of around $190 billion as of April 2021. His fortune increased by almost $56 billion during the COVID-19 epidemic in 2020.
Bezos is a business entrepreneur, media mogul, and investor from the United States.
During the epidemic, Amazon saw a 38% increase in sales to $386 billion in 2020, as many stayed at home and made online purchases.
After 25 years of marriage, Bezos and his wife MacKenzie split in 2019, and he gave her a quarter of his Amazon shareholding.
Bezos was called the “richest man in modern history” when his net worth grew to $150 billion in July 2018, making him the first billionaire.
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Bezos said on February 2, 2021, that he will stand down as Amazon’s CEO in the third quarter of 2021 and transfer to the post of executive chairman. Andy Jassy, the head of Amazon’s cloud computing division, is set to succeed him as CEO.
Jeff Bezos biography
|Full Name||Jeffrey Preston Bezos|
|Height||5.8 feet, 173 cm|
Jeffrey Preston Jorgensen was born in Albuquerque, New Mexico, on January 12, 1964, the son of Jacklyn and Theodore Jørgensen.
Ted Jorgensen is Jeff Bezo’s biological father.
His mother was a 17-year-old high school student at the time of his birth, while his father was 19 years old.
His mother married Miguel Bezos, a Cuban immigrant, in April 1968, after his parents split.
Mike adopted four-year-old Jorgensen shortly after the wedding, and his surname was changed to Bezos.
After graduating from the University of New Mexico, the family relocated to Houston, Texas, where Mike worked for Exxon as an engineer.
Bezos was one of three passengers in a helicopter that crashed in West Texas in March 2003 after the tail boom collided with a tree. Bezos was sent to a local hospital with minor injuries and was released the following day.
From fourth to sixth grade, Bezos attended River Oaks Elementary School in Houston.
Bezos graduated from Princeton University in 1986. He has a bachelor’s degree in electrical engineering and a master’s degree in computer science.
From 1986 until early 1994, Bezos worked on Wall Street in a number of sectors. On a cross-country car journey from New York City to Seattle, Bezos established Amazon in late 1994.
The firm began as an online bookshop and has subsequently evolved to include video and audio streaming, cloud computing, and artificial intelligence, among other e-commerce products and services.
Through its Amazon Web Services division, it is presently the world’s largest online sales firm, the largest Internet corporation by revenue.
Amazon is the largest supplier of virtual assistants and cloud infrastructure services.
In the year 2000, Bezos launched Blue Origin, an aircraft manufacturer and provider of suborbital spaceflight services.
In 2015, Blue Origin’s New Shepard vehicle successfully launched into space and returned to Earth. The business has intentions to launch commercial suborbital human spaceflight in the near future.
He also owns the major American daily The Washington Post, which he bought for $250 million in 2013.
Bezos was offered employment at Intel, Bell Labs, and Andersen Consulting after graduating from college in 1986. He began his career at Fitel, a financial telecoms start-up, where he was entrusted with developing a global trading network.
When he became a product manager at Bankers Trust, he shifted into the banking business. From 1988 through 1990, he worked there.
In 1990, he went to work at D. E. Shaw & Co, a newly formed hedge fund with a significant emphasis on mathematical modeling, where he stayed until 1994. At the age of 30, he was named the fourth senior vice-president of D. E. Shaw.
Bezos decided to open an online bookshop in late 1993. On July 5, 1994, he quit his job at D. E. Shaw and launched Amazon in his garage, after creating the company’s business plan while driving from New York City to Seattle.
He took a $300,000 loan from his parents and put it into Amazon. He forewarned several early investors that Amazon had a 70% probability of failing or going bankrupt.
Bezos moved into the online selling of music and video in 1998, and by the end of the year, the company’s offerings had expanded to encompass a number of other consumer items.
Bezos borrowed $2 billion from banks in 2000, when his cash levels were barely $350 million.
Amazon was named the world’s top online shopping store in October of that year.
Bezos raised $671 million via the sale of little more than one million shares of his Amazon stock in May 2016, the greatest sum he had ever generated from selling some of his Amazon stock.
Bezos said in February 2021 that he will stand down as CEO of Amazon in the third quarter of 2021 and become the Executive Chair of the Amazon Board. Andy Jassy will succeed him as CEO.
Bezos started Blue Origin, a human spaceflight firm, in September 2000. Bezos has always been fascinated by space flight and the evolution of human existence throughout the solar system.
The company had a quiet profile after its inception until 2006 when it bought a huge plot of land in West Texas for a launch and test site.
Bezos revealed in 2015 that a new orbital launch vehicle was in the works, with a first flight planned for the late 2010s.
New Shepard successfully launched and landed dummy passengers in December 2017, delaying the debut of human space flight until late 2018.
The Washington Post
Bezos announced the purchase of The Washington Post for $250 million in cash on August 5, 2013, after a recommendation from his friend Don Graham.
For the first time since Bezos bought the paper in 2013, the paper was profitable in 2016, thanks to an increase in online reading.
Bezos met author MacKenzie Tuttle, who worked as a research associate at D. E. Shaw in Manhattan, in 1992, and the pair married a year later.
They relocated to Seattle, Washington, in 1994, where Bezos established Amazon. Bezos and his now-ex-wife MacKenzie have four children: three sons and one Chinese-adopted girl.
After an “extended period” of separation, Bezos and MacKenzie announced their intention to divorce on Twitter on January 9, 2019.
The divorce was formalized on April 4, 2019, with Bezos maintaining 75% of the couple’s Amazon equity and MacKenzie receiving the remaining 25% in Amazon shares.
Bezos, on the other hand, would preserve all of the couple’s voting rights.
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Bezos showed a keen interest in science and technology and constructed an electronic alarm to keep his younger siblings out of his room.
Bezos also worked as a short-order line cook at McDonald’s during the breakfast shift when he was in high school.
In 1982, he was valedictorian of his high school, a National Merit Scholar, and a Silver Knight Award recipient.
Bezos said in his commencement speech that he wished for the day when humanity will occupy space. According to a local newspaper, he wants to exorcise everyone on the planet and transform it into a massive national park.
Jeff Bezos was discussing climate, sustainability, and the preservation of the natural world with the President
@EmanuelMacron in Paris:
— Jeff Bezos (@JeffBezos) February 28, 2020
Between 2009 and 2017, Bezos made multiple donations to the Fred Hutchinson Cancer Research Center. He donated $500,000 to Worldreader, a non-profit started by a former Amazon employee, in 2013.
Bezos donated $1 million to the Reporters Committee for Freedom of the Press in May 2017, which offers pro bono legal assistance to American journalists.
In September 2018, Bezos stated that he will donate $2 billion to a fund to combat American homelessness and construct a network of non-profit preschools for low-income families.
Bezos donated $33 million to TheDream.US, a college scholarship organization for illegal immigrants brought to the United States as youngsters, in January 2018. Bezos gave $10 million to With Honor, a nonpartisan group that strives to expand the number of veterans in elected office, in September 2018.
Through the Bezos Earth Fund, Bezos donated $10 billion to address climate change in February 2020. Bezos gave $100 million to Feeding America in April 2020, during the early stages of the COVID-19 epidemic.
- When Time named Bezos Person of the Year in 1999, he got his first significant accolade.
- In 2008, Carnegie Mellon University bestowed upon Bezos an honorary doctorate in science and technology.
- For the Amazon Kindle, Bezos and Gregg Zehr received an Innovation Award from The Economist in 2011.
- Fortune selected Bezos Businessperson of the Year in 2012.
- Harvard Business Review named him the best-performing CEO in the world from 2014 to 2018.
- He has also been on Fortune’s list of the world’s 50 greatest leaders for three years in a row, topping the list in 2015.
- Bezos was inducted into the National Academy of Engineering in February 2018 for “leadership and invention in space exploration, autonomous systems, and the development of a commercial pathway for human space flight.”
- He won the Axel Springer Award for Business Innovation and Social Responsibility in Germany in 2018.
Net worth statistics
- June 1997 – $152.0 M
- June 1998 – $1.1 B
- June 1999 – $10.3 B
- March 2000 – $6.4 B
- September 2001 – $1.5 B
- September 2003 – $2.8 B
- September 2004 – $5.4 B
- September 2005 – $4.3 B
- September 2006 – $4.6 B
- September 2007 – $8.7 B
- September 2008 – $8.2 B
- September 2009 – $6.8 B
- September 2010 – $12.6 B
- September 2011 – $18.4 B
- Decmber 2012 – $23.1 B
- October 2013 – $29.2 B
- Decmber 2014 – $30.7 B
- July 2015 – $50.0 B
- October 2016 – $67.0 B
- March 2017 – $72.8 B
- October 2017 – $81.5 B
- March 2018 – $112.0 B
- October 2018 – $160.0 B
- March 2019 – $131.0 B
- October 2019 – $114.0 B
- April 2020 – $113.0 B
- September 2020 – $179.0 B
- April 2021 – $177.0 B