About the Jeff Bezos CEO of Amazon and the billionarie. Founder of Amazon a retail company and Founder of blue origin. Read more Here.
Jeff Bezos is the CEO, and founder of Amazon a retail company and Founder of blue origin. Jeff Bezos is the world's richest man from 2017, He is The first centi-billionaire, His net is worth $148.6 billion as of May 2020.
After graduated from Princeton University in 1986, he was offered jobs by Intel, Bell Labs, and Andersen Consulting, and others. Bezos first worked at Fitel, a fintech telecommunications start-up, where he was worked in building a network for international trade. then Bezos was promoted to head of development and director of customer service. After that He transitioned into the banking industry when he became a product manager at Bankers Trust. Bezos worked there from 1988 to 1990. Jeff Bezos then joined D. E. Shaw & Co, that was a newly-founded hedge fund with a strong emphasis on mathematical modeling in 1990 and worked there until 1994. Bezos became the fourth senior vice-president of D. E. Shaw's, at the age of 30.
Jeff Bezos is the CEO, and founder of Amazon a retail company and Founder of blue origin. Jeff Bezos is the world's richest man from 2017, He is The first centi-billionaire, His net is worth $148.6 billion as of May 2020.
Early Life
On January 12, 1964, Jeff Bezos was born as Jeffrey Preston Jorgensen in Albuquerque, New Mexico, Jeff Bezos Mother Jacklyn Gise ( 17-year-old high school student), and His father Ted Jorgensen(a bike shop owner). After the divorce of his parents, his mother Jacklyn Gise married Cuban immigrant Miguel "Mike" Bezos, Mike adopted four-year-old Jeffry, then Jeffry surname then changed to Bezos.
Career
Amazon
In late 1993, Jeff Bezos left his job at D. E. Shaw, Jeff Bezos decided to establish an online bookstore. Bezos founded Amazon in his garage on July 5, 1994, He Decided its business plan when driving from New York City to Seattle. Jeff Bezos initially named his new Book Selling online company as Cadabra but later changed the name to Amazon after the Amazon River in South America, because the name begins with the letter A the beginning of the alphabet. He gets an estimated amount of $300,000 from his parents and invested in Amazon. Jeff Bezos warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt. though Amazon was originally an online bookstore, He always planned to expand to other products. After three years of founding Amazon, Jeff Bezos took amazon public with an initial public offering (IPO), Jeff Bezos Believed that the growth of the Internet would overtake competition from larger book retailers such as Borders and Barnes & Noble.
Blue Origin
Jeff Bezos founded Blue Origin in September 2000, A human spaceflight startup company. Jeff Bezos always has an interest in space travel and the development of human life in the solar system. at His Graduation speech he expressed an interest to build and develop hotels, amusement parks, and colonies for human beings who were in orbit. The 18-year-old Jeff Bezos stated that he wanted to preserve Earth from overuse through resource depletion.
After founding Blue Origin, it was maintained a low profile until 2006, when Blue Origin purchased a large tract of land in West Texas for a launch and test facility.Then the company gained the public's attention during the late 2000s,Bezos has been compared to Branson and Elon Musk as all three are billionaires who prioritize spaceflight among their business interests.
Wealth
- After raising $54 million through Amazon's initial public offering (IPO) in 1997, Jeff Bezos became a millionaire.
- Jeff Bezos was first included on the Forbes World's Billionaires list in 1999 with a net worth of $10.1 billion.
- In 2000, Jeff Bezos net worth decreased to $6.1 billion (40.5% drop).
- In 2001, His wealth plummeted even more than the previous year, net worth $2.0 billion(66.6% drop).
- In 2002, He lost another $500 million net worth to $1.5 billion.
- In 2003, Jeff Bezos net worth was $2.5 billion (104% increase).
- In 2010 his wealth was 12.6 billion,43rd from 68th in Forbes World's Billionaires list.
- In 2014, there was a rumor broke out that amazon was developing a smartphone, Jeff Bezos net worth rose to $30.5 billion.Jeff Bezos became the fifth richest person in the world.
- In October 2016, Jeff Bezos net worth was $66.5 billion third-richest person behind Warren Buffett.
- In July 2017, After the Increase of Amazon's share price, Jeff Bezos unseated Microsoft co-founder Bill Gates as the wealthiest person in the world.