Here, we’ll talk about Jeff Bezos’ net worth, home, biography, family, and quotes. He is the CEO and president of Amazon.com, which he started. In 1994, Amazon.com was founded as a bookshop and immediately changed the way people shop. The top retailers in the world were forced to change their business practices as they quickly grew to become the largest online store in the world. At the beginning of 2019, Jeff Bezos revealed that he and his wife were divorcing. This means that his wealth may decline dramatically, which could impact his status as the richest person in the world.
Jeff Bezos Back Life
Bezos was born on January 12, 1964, in Albuquerque, New Mexico, to Jacklyn Gise Jorgensen, a teenage mother, and Ted Jorgensen, the boy’s biological father. The Jorgensens got divorced after just one year of marriage. When Bezos was four years old, his mother wedded Michael Bezos, a Cuban immigrant.
In 1986, he graduated from Princeton University with a degree in electrical engineering and computer science. He demonstrated an early curiosity in how things function by setting up electrical devices in his home as a child and converting his parent’s garage into an experimental laboratory.
He and his family relocated to Miami when he was a teenager, where he discovered a love for computers and went on to graduate as valedictorian of his high school. He started his first business in high school, the Dream Institute, a summer program for elementary-aged kids.
Jeff Bezos Net Worth
Forbes estimates Jeff Bezos net worth to be $193 billion in 2021, making him the richest person on the planet. He continues to be the owner of The Washington Post and his aerospace company, Blue Origin, in addition to his interests. The world’s largest online retailer said that he made $81,840 in 2017. He will not be concerned about his compensation though because he owns 80 million shares.
| Net Worth: | $193 Billion |
| Profession: | Entrepreneur |
| Height: | 5 feet 8 inches |
| Date of Birth: | 12 January 1964 |
| Age: | 59 years |
Jeff Bezos Houses
His homes are among Jeff Bezos possessions. He paid $23 million to purchase the former Textile Museum in Washington, D.C. in 2018, with the intention of converting it into a home. He also owns a home in New York, a $24.45 million Beverly Hills residence, four $12.95 million Manhattan flats, and an 11-bedroom, 25-bathroom, and five living room property in Puerto Rico.
For a person with his status, you might have anticipated that he would drive one of the largest vehicles on the planet. This is unexpectedly not the case. He drives his low-end Honda accord personally and prefers to do so. His beloved 1996 Honda, which was only worth $2,000, is still in the garage, along with several other fine automobiles and a $75 million private jet.
Jeff Bezos Family
In 1993, Jeff Bezos wed MacKenzie Bezos, a coworker from their time at DE Shaw. When Jeff was set to begin Amazon, MacKenzie was the one who arranged the business’s initial freight agreement. Together, they formed their family, which was completed with three sons and a daughter, as they worked on their business.
On January 9, Jeff and MacKenzie Bezos shockingly announced their split on Twitter. They had been happily married for 25 years and had co-founded a flourishing business.
The couple got engaged three months after their initial meeting in 1992. Jeff and his wife adopted a girl from China in addition to their three kids. The family has invested billions of dollars in charitable endeavors in addition to their charitable giving.
Jeff Bezos Quotes
I believe you have to be willing to be misunderstood if you’re going to innovate.
If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.
Jeff Bezos Founder of Amazon
On July 16, 1995, Bezos launched Amazon.com after asking 300 friends to beta-test it. The company’s software was initially created on computers in Bezos’ garage; in the months leading up to its debut, it grew to a two-bedroom residence with three Sun Micro stations.
The business had a fast start, which contributed to its early success. Without press marketing, Amazon.com sold books in 45 international countries in addition to the United States within a 30-day period. Bezos and his startup team quickly increased their sales to $20,000 per week in just two months.
When established merchants launched their online shopping sites after Amazon.com went public in 1997, several industry analysts questioned whether Amazon.com would be able to compete. Two years later, the business had become an industry leader in e-commerce, keeping up with and even surpassing its rivals.
In 1998, Bezos increased Amazon’s product selection by adding the sale of CDs and DVDs, as well as apparel, electronics, toys, and other items.
While many dot.com failed in the early 1990s, Amazon increased from $510,000 in 1995 to over $17 billion in 2011.
Bezos said in the company’s annual shareholder letter that the number of paying subscribers to Amazon Prime has crossed 100 million. In September 2018, Amazon surpassed the $1 trillion value mark, only the second business in history to do so.
As of December 31, 2018, Amazon employees were paid a minimum wage of $15 per hour.
Thanks for visiting our website.