Jeff Bezo’s Net Worth

Short introduction

Jeffrey “Jeff” Preston Bezos is an Entrepreneur and American-famous American investors. He is famous for the establishment of an Amazon online letter order company and is still active there as CEO. Bezos has a large enough asset and is a multi-billionaire. According to Forbes magazine, with assets of almost $ 100 billion, he is currently the richest person in the world. Jeff Bezos married Mackenzie Bezos from 1993 to 2019 and has a total of four children, one of which was adopted from China. Bezos currently lives in a relationship with the presenter of Lauren Sanchez.

Early life

Jeff Bezos was born in 1964 under the name Jorgensen in Albuquerque City in the state of New Mexico. His parents were Jacklyn Gish Jorgensen and Ted Jorgensen divorced earlier after Jeff was born. Shortly after divorce, his mother married Bezos Miguel Cuba and adopted his last name. The three families then moved to the city of Houston, where Jeff Miguel’s stepfather began work with an exxon oil company. Jeffrey Bezos attended the Oaks Elementary School in Houston before moving to Miami. There, Young Jeff graduated from Miami Palmetto High School. From 1982 to 1986 he studied electrical engineering and computer science at Princeton University. Jeff completed both courses with the top signs and thus obtained a Bachelor of Science degree (B. SC.). After his first experience in the world of professionals, with Taiwan Fitel cellphone companies and New York Asset Management Companiers Bankirs Trust and De Shaw & Co., Jeff, along with their business partners at that time David E. Shaw, appeared with the idea of ​​online mail messages for books and thus Lay the foundation for the company Amazon.

Career

In 1994 Bezos was separated from Shaw’s business partners and further developed the idea of ​​orders for online letters for books. He founded the company Amazon.com Inc. It is important to name the company Bezo that the name starts with letter a, the first letter of the alphabet. The Amazon name is based on the great Amazon River, the flow must symbolize the force to come from its own company. One year after the company was established, Jeff invited around 300 friends and acquaintances to present their work to them. Amazon sells books to all states and 45 other countries in the first month after being established. In the second month, the company has produced $ 20,000 a week and is known to the large part of the public because of its financial success. The country’s special website was first online in 1998, and less than a year later, total sales of more than $ 1 billion. Strangely, Amazon still makes losses to date. Because of the beginning of the company, the loss was $ 300 million and not until 2002 that Amazon received a profit. In 2000 Bezos set up a private space company originating from blue. Bezos acquired a Washington Post newspaper for $ 250 million. This investment and others are managed by the expedition of Bezos.

Career highlights

In 2012, Amazon had sales of $ 61.1 billion and the value of one share in 2013 was $ 200 per share. During his career, Bezo was awarded several prizes. Among other things, he was named “People from Year” by Time Magazine in 1999 and “Entrepreneurs this year” by Fortune magazine in 2012. In 2017 Bezos was appointed in the “Logistics Hall of Fame” and the following year he was Accept Springer Award.

Success tips

The success of Jeff Bezo did not come from anywhere, as one of the most successful entrepreneurs and the richest person in the world he had some wisdom for success. Among other things, Bezos claims that if you act competitively rather than paying attention to what competitors do and focus on customer orientation, you can do pioneer work. Successful entrepreneurs also have the right words ready for people who cannot tolerate criticism. Bezos explained very simply that those who cannot tolerate criticism should not create something new or interesting.