Bezos liquid assets9/24/2023 ![]() ![]() Some of the successful companies he has invested in include UBER where he invested $37 million, Twitter ($15 million), Airbnb ($112 million), and Grail ($100). Jeff Bezos also owns the Washington Post, Nash Holdings, and Bezos Expeditions. He has since invested more than $1 billion in the company. In September 2018, Amazon crossed the $1 trillion market cap mark, further cementing Jeff Bezos’ spot as the world’s richest man.īesides Amazon, Jeff Bezos has also founded Blue Origin, a company that manufactures aerospace and offers sub-orbital spaceflight. In 2017, Jeff Bezos became the world’s richest person, edging out Microsoft Corporation’s Bill Gates. In the same year, Amazon was declared the largest online retail marketplace, a title it has held to date. However, the company’s fortunes began to rise again in 2013 and on that year, it registered a profit of $400 million. In 2012, Amazon nearly went bankrupt, prompting Bezos to retrench 14% of the workforce. Presently, Amazon is the largest online retail marketplace, as well as the largest provider of virtual assistants.īut like any company, Amazon has witnessed its highs and lows. Most of the services the company offered were related to science and technology, such as Artificial Intelligence and cloud computing. Related Jeremy Renner's Net Worth (Updated 2023)Īs time went by, Amazon expanded to incorporate a wide collection of e-commerce products and services. The company was formerly known as Cadabra but the name was later changed to Amazon, after the iconic Amazon River in South America. In late 1994, Jeff Bezos founded Amazon, which was then an online bookstore. He also had a stint in the banking and service industry, where he was once a product manager for Bankers Trust before joining D.E Shaw & Co. Soon after his graduation to early 1994, Jeff worked on Wall Street in various related fields, including at Fitel, Bell Labs, Intel, and Andersen Consultant. In 1986, Jeff Bezos graduated with a Bachelor of Science in Electrical Engineering & Computer Science from Princeton University. The speech was so powerful that a local newspaper quoted a line from it. During his high school graduation, he delivered a moving speech of how he wished man could colonize space. While still in high school, Jeff Bezos joined the Student Science Training Program based at the University of Florida. Later on, the Bezos family moved to Miami, Florida, where Jeff was enrolled at the Miami Palmetto High School. He is reported to have manipulated an electric alarm so as to block his younger siblings from accessing his room. Bezos demonstrated a strong interest in science and technology. Jeff Bezos attended the Houston-based River Oaks Elementary School from his fourth to sixth grade. The family moved from Albuquerque to Houston, Texas, where Jeff’s father worked. Miguel adopted Jeffrey and subsequently changed his name to Bezos. ![]() ![]() ![]() Jeff’s parents later divorced and in 1968, his mother married a Cuban immigrant known as Miguel “Mike” Bezos. His father was a bike shop owner while his mother was a 17-year old high-school student. Jeff Bezos was born on January 12, 1964, to Ted and Jacklyn Jorgensen. Related Chris Brown’s Net Worth (Updated 2023) Three sons (biological) and one daughter (adopted)Īmazon CEO and Stakeholder, Media Proprietor, Entrepreneur, and Investor River Oaks Elementary School, Miami Palmetto High School, University of Florida, and Princeton University And as you may have guessed by now, Jeff is the world’s richest man, a title he has held since 2017. Besides being famous for founding and heading the online retail giant, Amazon, Jeff Bezos also enjoys the prestigious title as the first centi-billionaire. Bezos was born on January 12, 1964, in Albuquerque, New Mexico, but raised in Houston, Texas, and Miami, Florida. Jeff Bezos, born Jeffrey Preston Jorgensen, is an American industrialist, investor, and media proprietor. Now, the mind behind this brilliant idea is one Jeff Bezos. Online shoppers particularly love the site for its safe and secure payment methods, as well as its friendly returns policy and responsive customer support. Life Lessons and Quotes from Jeff BezosĪmazon is popular among online retailers and consumers for the fact that it offers a wide variety of items at industry-competitive rates. ![]()
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