Jeff Bezos Net Worth Biography, Home Family, and Quotes can be found here. He was the founder of Amazon.com and serves as the president and CEO. Amazon.com was founded as a store in 1994. It made an immediate influence in the field of retail. It quickly expanded to become the world’s biggest online retailer, causing the largest retailers around the globe to change the way they operate. Jeff Bezos has announced that his wife and he are going to divorce at the beginning of 2019, which means that his fortune could fall substantially, which could impact his status as the world’s most successful businessman.
Jeff Bezos Early Life
Ted Jorgensen Ted Jorgensen, Ted’s biological father and his mother of 15 years, Jacklyn Gise Jorgensen, gave birth to Bezos on the 12th of January 1964 located in Albuquerque, New Mexico. After just one couple of years, they separated. Bezos’s Mom remarried Mike Bezos, a Cuban Immigrant, the most notable of which was when he was she was four years old.
He graduated with education in electrical engineering and computer science at Princeton University in 1986. As a youngster he transformed the garage of his parents into an experiment laboratory and installed electrical devices within his home, showing an early fascination with how things function.
As a teenager after which he relocated from the city of his birth to Miami along with the family in which he discovered a love for computers. He was a valedictorian of the high school he attended. The Dream Institute, a summer camp for elementary children, called the Dream Institute, was his first venture while still in school.
Jeff Bezos Net Worth
The year 2021 was the one in which Forbes estimates Jeff Bezos’s net worth as $193 billion, making him the most wealthy man in the world. Apart from his investments, he’s still the proprietor of The Washington Post and his aerospace company, Blue Origin. The e-commerce giant announced that it earned $81,840 in the year 2017. With 80 million shares held to him, the income isn’t a worry.
|Net Worth||$193 Billion|
|Height||5 ‘ 8″|
|Date of Birth||12 January 1964|
Jeff Bezos Houses
One of Jeff Bezos’ assets is his home. Formerly, the Textile Museum situated in D.C. was bought by the billionaire at a price of $23 million the year 2018 and plans are in place to transform it into a home. Apart from this residence located in Puerto Rico, which has 11 bedrooms, 25 bathrooms, and five living rooms, he has the Beverly Hills estate for $24.45 million and four Manhattan apartment buildings that are worth $12.95 million and a house located in New York.
You could think that he has one of the largest automobiles in the world for someone in his position. But, it’s not the situation. A proud owner of a basic Honda accord He likes driving the car by himself. The 1996 Honda valued at $2000 remains his top car however, he also owns several other top cars in his garage as well as an aircraft worth $75 million.
Jeff Bezos Family
Jeff Bezos married MacKenzie Bezos in 1993. MacKenzie worked with him in DE Shaw before. MacKenzie was MacKenzie who was the one to negotiate Amazon’s first freight contract as Jeff was preparing the launch of Amazon. While they worked together in their venture as well, they also started their family. It was complete with three sons and one daughter.
Jeff as well as MacKenzie Bezos shocked the world on January 9, when they announced their split on Twitter. They were together for over 25 years and had created an impressive company together.
After three months from their initial meeting, in the year 1992, they were engaged. While Jeff has three children together They also adopted a daughter from China. In addition to their charitable activities, they have poured millions of dollars into charitable endeavors.
Jeff Bezos Quotes
- “I believe that you should be prepared to be misunderstood when you’re planning to be innovative. “
- “f you’re competitive you’ll have to wait until you see someone else doing the same thing. Being focused on your customers will allow you to be more innovative .”
- “f you’re focused on competition then you must wait until there’s an opponent doing something. Being focused on your customers lets you be more innovative .”
- “f you’re competitive you’ll have to wait until you see someone else doing the same thing. Being focused on customers lets you be more innovative .”
Jeff Bezos – CEO of Amazon
After requesting 300 friends to try out his website, Bezos launched Amazon.com on July 16th in 1995. The company’s software was built on computers located in Bezos garage. Then, it was later expanded to a house with two bedrooms and three Sun Micro stations in the months prior to the launch.
A rapid start to the company was responsible for its first success. Amazon.com sold books in all of the United States and in 45 different countries within 30 days with no press promotions. Within 2 months Bezos along with his team of entrepreneurs made a weekly profit of $20,000, which is significant growth.
Many market analysts doubted whether Amazon.com could compete when traditional retailers began launching their own online shopping websites following Amazon.com was listed on the stock exchange in 1997. In the following two years it was the leader in online shopping and was keeping up with its competitors, and beat them.
Bezos increased the range of products Amazon offers by selling videos and CDs in 1998, as well as clothing electronics, toys, and much more.
Amazon increased from $510,000 by 1995 to $17 billion by 2011. however, numerous dot. coms were unsuccessful at the beginning of the 1990s.
Amazon Prime has surpassed 100 million paying customers, Bezos said in the annual shareholder letter. Amazon achieved the value at $1 trillion in September of 2018 making it the second company to achieve that.
Amazon employees earn minimum wages. Amazon staff has been increased to $15/hour on December 31, 2018.