Jeff Bezos is an investor and one of the most well-known American technology entrepreneurs. He is the founder, chairman, and CEO of Amazon, an electronic commerce and cloud computing firm based in the United States. In late 1994, he started Amazon in Seattle. Amazon is currently the world’s largest online retailer and, through its Amazon Web Services division, the world’s largest provider of cloud infrastructure services. In July 2018, Forbes named him the richest man in contemporary history, with a net worth of $150 billion. He is also well-known as a philanthropist. In 1999, Time named him Person of the Year. In 2018, Time magazine named him one of the world’s 100 most influential people.

Jeff Bezos’s net worth:

Jeff Bezos, the CEO of Amazon has net worth of  $168.5 billion as of Jan 2022. He is currently the world’s wealthiest individual. Bill Gates is the world’s second richest person, according to Forbes, followed by Warren Buffett, Bernard Arnault, and Mark Zuckerberg in third, fourth, and fifth place, respectively.

Gossips and Rumors:

• World’s richest person, Jeff Bezos is a great philanthropist. He is one of the billionaires with a charitable heart. This Tuesday on 20 November, he donated nearly 100 million for 24 organizations under $2 billion “Day One Fund”. He granted $97.5 million on day one to help the homeless population. He established the philanthropic fund in September with a goal to help homeless families. All the 24 organizations, he has donated are spread over 16 states, including the District of Columbia.
• Amazon CEO Jeff Bezos and Wife MacKenzie are getting divorced after 25 years of marriage

Best Known for:

• He is the founder of the largest online sales company, Amazon.
• He is the richest man in modern history in 2018, by Forbes.

Early Life of Jeff Bezos:

Jeff is Jeffrey Preston Jorgensen. Born on January 12, 1964. He was born in Albuquerque, New Mexico. His parents were Ted and Jacklyn Gise Jorgensen. His birth mother divorced in 1968 and married Cuban immigrant Miguel “Mike” Bezos. In the end, he was renamed Bezos. He grew up in Houston, Texas. He attended to River Oaks Elementary. After moving to Miami, Florida, he attended Miami Palmetto High School. In 1982, he received the Silver Knight Award and was awarded valedictorian of his high school. Princeton University awarded him a BS in electrical engineering and computer science in 1986. Jeff was the president of the Students for the Exploration and Development of Space at Princeton. He’s been fascinated by science and technology since childhood.

Career of Jeff Bezos:

He worked at Fitel, a financial telecommunications start-up, after graduating from Princeton in 1987, despite offers from Intel, Bell Labs, and Andersen Consulting. His job at Fitel was to create an international trading network.

He worked for Bankers Trust as a product manager from 1988 until 1990.

In 1990, he joined D.E. Shaw & Co., a newly formed hedge fund. He later became the fourth senior vice-president of D.E. Shaw at the age of 30.

Amazon

• In late 1993, Bezos thought of staring an online bookstore and left his job at D.E. Shaw.
• He wrote the business plan on a trip from New York to Seattle, where he founded Amazon in his garage on 5 July 1994, with $300,000 investment from his parents.
• His company name, Amazon was given after the Amazon River in South America, and it begins with the beginning of the alphabet “A”.
• Initially, the company was formed as an online bookstore, with plans to expand it to other products in the future.
• In 1998, he expanded the company into the online sale of music and video and variety of consumer goods.
• He launched Amazon Web Services, with a purpose to compile data from weather channels and website traffic,in 2002.
• In 2007, he launched the Amazon Kindle. It is a series of e-readers designed and marketed that enable users to browse, buy, download, and read e-books, newspapers, magazines, and other digital media via wireless networking to the Kindle store.
• In 2013, Amazon Web Services signed a $00 million contract with the Central Intelligence Agency (CIA).
• In October 2013, Amazon became the largest online shopping retailer in the world.
• Following the growth of Alibaba in China, Bezos has expressed his interest in expanding Amazon into India.

Blue Origin

• In 2000, Bezos founded a human spaceflight startup company named Blue Origin, with an interest in space travel and the development of human life in the solar system.
• He also indicated his interest in reducing the cost of space travel for humans and increasing the safety of it.
• Bezos is compared to Richard Branson and Elon Musk. All of three billionaires emphasizes spaceflight among their business interests.
• In 2006, Bezos purchased a large tract of land in West Texas for a launch and test facility.
• In November 2015, Blue Origin launched New Shepard space vehicle and reached its planned test altitude.
• Bezos has spoken freely about his hopes to colonize the solar system.
• Bezos clarified in May 2018 that preserving the natural resources of Earth by making the human species multi-planetary is the primary goal of Blue Origin.
• He announced that New Shepard would begin transporting humans into sub-orbital space by November 2018.
• In July 2018, Bezos announced that the commercial spaceflight tickets would cost $200,000 to $300,000 per person.

Bezos revealed in August 2013 that he had purchased The Washington Post for $250 million.

Bezos Expeditions is where Bezos makes his personal investments.

In 1998, Bezos put $250,000 into Google, which grew to 3.3 million shares worth $3.1 billion in 2017.

Unity Biotechnology, Grail, Juno Therapeutics, and ZocDoc are among the companies in which Bezos has invested.

New Shepard successfully launched dummy people into orbit and securely landed them in December 2017.

Personal Life of Jeff Bezos:

Mckenzie Tuttle is Jeff Bezos’s wife. In 1993, they married. Bezos met her while working at D.E. Shaw in Manhattan, New York. She is a novelist. They were in Seattle together when Bezos established Amazon. The couple is the parents of four children. He is the father of three sons and a daughter who was adopted from China.

In March 2003, Bezos was involved in a helicopter crash in West Texas. In a helicopter, he was one of three passengers. He had minor injuries and was brought to the hospital, where he was treated and released the same day.