Shares of the company were only $7 on average that year. Their returns? [238][239], In January 2019, Bezos and his wife Mackenzie Scott released a joint statement which revealed that they would be getting divorced after 25 years together. ", "Why Trump went after Bezos: Two billionaires across a cultural divide", "9 Shocking Anecdotes That Reveal Jeff Bezos's Cutthroat Management Style", "How Jeff Bezos Became a Power Beyond Amazon", "Guess How Many Pillsbury Biscuits Jeff Bezos Used to Eat Daily", "How Amazon Got Swole Just Like CEO Jeff Bezos", "Jeff Bezos: The man who turned Amazon into an empire", "Amazon CEO Jeff Bezos stuns everyone with his macho look, Twitter users compare him with The Rock, VinDiesel", "Jeff Bezos's latest sideline has lots of people comparing him to a comic-book supervillain", "Jeff Bezos, Who Is Not A Super-Villain, Is Building A Giant Clock Inside A Mountain, Because He's NOT A Super-Villain", "On SNL, a bald Steve Carell plays Jeff Bezos and won't stop trolling Trump", "Amazon's Jeff Bezos Wins ITUC's World's Worst Boss Poll", "The Best-Performing CEOs in the World, 2019", "For Bezos, Now World's Richest, Philanthropy Is 'Saved for Later', "Amazon launches a scathing response to Times story", "Jeff Bezos responds to 'New York Times' report on Amazon's workplace", "This is the Jeff Bezos playbook for preventing Amazon's demise", "Amazon's Bezos could teach large companies a thing or two about strategy", "What Amazon's Jeff Bezos thinks about Peter Thiel and Hulk Hogan vs. Gawker", "A day in the life of the richest person in history, Jeff Bezos who made $6.44billion in one day and still washes the dishes after dinner", "This is Jeff Bezos' 3-question test for new Amazon employees", "Kevin's Week in Tech: Jeff Bezos Reminds Tech Who's Boss", "5 key business lessons from Amazon's Jeff Bezos", "What Makes Amazon CEO Jeff Bezos Such a Visionary Leader", "Jeff Bezos keeps his Amazon email address public here's why", "Amazon CEO Jeff Bezos explains his famous one-character emails, known to strike fear in manager's hearts", "Forum on Leadership: Conversation with Jeff Bezos", "Jeffrey Preston Bezos: 1999 Person of the year", "America's Best Leaders: Jeff Bezos, Amazon.com.com CEO", "April 22: Amazon.com Founder Jeff Bezos to Speak at Carnegie Mellon Business School and Computer Science Diploma Ceremonies", "Charging ahead: e-book design and popularity win Kindle creators Innovation Award", "Amazon's Jeff Bezos: The ultimate disrupter", "Jeff Bezos on nuclear reactors in space, the lack of bacon on Mars and humanity's destiny in the solar system", "National Academy of Engineering Elects 83 Members and 16 Foreign Members", "Jeff Bezos gets a kick out of winning the first Buzz Aldrin Space Innovation Award", "Jeff Bezos responded to reports of poor working conditions at Amazon here's what he said", "Jeff Bezos: The World's 100 Most Influential People", "Emmanuel Macron criticised for giving Lgion d'honneur to Jeff Bezos", "The Age When 17 Self-Made Billionaires Earned Their First Million", "Jeff Bezos' Net Worth Rises $1.4 Billion on Rumors of 3-D Amazon Smartphone", "Jeff Bezos Just Gained $7 Billion in an Hour to Become World's Fifth Richest", "The Full List of Every American Billionaire 2016", "Amazon CEO Jeff Bezos' Net Worth Hits Record High As Fortune Jumps $2.6 Billion", "Amazon CEO Jeff Bezos Is the Richest Person in the World Again", "Forbes 2017 Billionaires List: Meet The Richest People on the Planet", "Jeff Bezos Made $6.2 Billion in 5 Minutes and Became the World's Richest Person (How Was Your Thursday? [103] To execute this program, Blue Origin built six of the vehicles to support all phases of testing and operations: no-passenger test flights, flights with test passengers, and commercial-passenger weekly operations. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement", "World's richest man Jeff Bezos divorces", "Jeff Bezos, World's Richest Person, Announces Divorce After 25 Years Of Marriage", "MacKenzie Bezos, author, philanthropist, and soon to be world's richest woman? Jeff Bezos, Drake and others invest $80 million in sports [48][53][54] He warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt. [111] The sale closed on October 1, 2013, and Nash Holdings took control. We want to hear from you. Jeff Bezos is stepping down as Amazon CEO. Hell still have Jeff Bezos Facts [67] On January 29, 2018, he was featured in Amazon's Super Bowl commercial. Jeff Bezos [51] In 2000, Bezos borrowed $2 billion from banks, as its cash balances dipped to only $350million. He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. Get this delivered to your inbox, and more info about our products and services. [155][156], Day 1: start upDay 2: stasisDay 3: irrelevanceDay 4: "excruciating, painful decline"Day 5: death, Bezos has stated "it is always Day 1" to describe his growth mindset. [228] Bezos had also purchased three adjoining apartments at 25 Central Park West in Manhattan for $7.65 million in 1999;[229][230] he bought a fourth unit in that building for $5.3 million in 2012. Once built, it will be the largest yacht in the world. [95] In September 2011, one of the company's unmanned prototype vehicles crashed during a short-hop test flight. Jeff Bezos | Biography, Amazon, & Facts | Britannica Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. Khashoggi was killed in late 2018, in Turkey's Saudi consulate for his critical stance and journalism against the Saudi government and its leader. "[153], During the late 2010s, Bezos reversed his reputation for being reluctant to spend money on non-business-related expenses. [199] After sporadic jumps in Amazon's share price, in July 2017 he briefly unseated Microsoft cofounder Bill Gates as the wealthiest person in the world. [281][282] Saudi Arabia has denied the claim. WebOn Feb 21st, both Jones' jet and Bezos' jet landed at Princess Juliana Airport on the Island of St. Martin. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence. Overtime said it will use a portion of the $80 million to help pay for salaries of players and staff, support league start-up costs, invest in the NFT sector and enhance its app. Khashoggi, a Saudi journalist and dissident was employed as a writer at the Washington Post, owned by Bezos. [102], In December 2017, New Shepard successfully flew and landed dummy passengers, amending and pushing its human space travel start date into late 2018. The NFL has played games in London, Mexico City and Germany but there is one place they haven't touched. [87] On February 2, 2021, Bezos sent an email[88] to all Amazon employees, telling them the transition would give him "the time and energy [he] need[s] to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions. [135] His business practices projected a public image of prudence and parsimony with his own wealth and that of Amazon. Aaron Rodgers Answers 'Diva' Question; ESPN Conflicting Even Jeff Bezos' brother Mark was completely taken off guard by the internet memes showing the man behind Amazon looking completely jacked. [249] Public records, family history, and biographical details suggest that both were raised under some form of Christianity. The Washington Post reported that Jones may be leaning on Dan Snyder to sell Jeff himself revealed that before [DanSnydersYacht] Did Jerry Jones meet with Jeff Bezos to [39], Bezos portrayed a Starfleet official in the 2016 movie Star Trek Beyond, and joined the cast and crew at a San Diego Comic-Con screening. [145] His physical transformation has been compared to the transformation of Amazon; he is often referred to as the metonym of the company. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. Jeff Bezos The Amazon CEO Keeps His Beliefs to Himself", "What we know, and don't know, about Jeff Bezos' religious beliefs", "Amazon Chief Survives Helicopter Crash in Texas", "Amazon founder Jeff Bezos reveals Star Trek Beyond alien cameo", "Jeff Bezos, long known for guarding his privacy, faces his most public and personal crisis", "Amazon CEO Jeff Bezos and wife MacKenzie to divorce after 25 years of marriage", "Jeff and MacKenzie Bezos are getting divorced after 25 years of marriage", "Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorce", "Amazon's Jeff Bezos, wife, make $2.5million donation for gay marriage", "Amazon.com Contributions to Federal Candidates, 2012 cycles", "How to Understand Donald Trump's #AmazonWashingtonPost Tweet in 3 Easy Steps", "Slammed by Trump, Amazon's Jeff Bezos Chooses Silence", "Why Jeff Bezos Is Dumping Cash into Trump's Swamp", "Donald Trump called out Jeff Bezos on Twitter. In September 2016, Bezos received a $250,000 prize for winning the Heinlein Prize for Advances in Space Commercialization, which he donated to the Students for the Exploration and Development of Space. [274], In 2019, a political action committee linked to Bezos spent over $1million in an unsuccessful attempt to defeat the reelection bid of Seattle city council member and activist Kshama Sawant. [202] When the 2017 list was issued, Bezos's net worth was registered at $72.8billion, adding $27.6billion from the previous year. The company will use a portion of the funds to fuel its basketball league that pays 16-to-18-year old players at least $100,000 per year. [234], Bezos is known for creating an adversarial environment at Amazon, as well as insulting and verbally abusing his employees. [186] His net worth decreased to $6.1billion a year later, a 40.5% drop. [86], In February 2021, Bezos announced that in the third quarter of 2021 he would step down from his role as CEO of Amazon to become the Executive Chairman of the Amazon Board. According to BBC, Bezos's top security staffer, Gavin de Becker,[279] "linked the hack to the Washington Post's coverage of the murder of Saudi writer Jamal Khashoggi at the Saudi consulate in Istanbul". [28] His relative lack of philanthropy compared to other billionaires has drawn a negative response from the public since 2016. Overtime's basketball league offers $100K salaries to teen players. As journalist Brad Stone revealed in his book The Everything Store, Bezos issued remarks to his employees such as "I'm sorry, did I take my stupid pills today? [160] Journalist Walt Mossberg dubbed the idea that someone who cannot tolerate criticism or critique shouldn't do anything new or interesting "The Bezos Principle". The Washington Post reported back then that Bezos was interested in buying the Seahawks. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's Billionaires Index and Forbes.[5][6]. In February 2023, Bezos was presented with the, denotes retired vehicles, engines, products, This page was last edited on 2 March 2023, at 19:21. The fundraising comes more than a month after Overtime announced a paid basketball league for young players. Richard Lautens | Toronto Star | Getty Images. Got a confidential news tip? Subsequently, National Enquirer revealed that Bezos had an affair with media personality Lauren Snchez; the affair with Sanchez had lasted for months. [197] By the time the Forbes list was calculated in March 2016, his net worth was registered at $45.2billion. Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. [148][149][150] Since 2017, he has been portrayed by Kyle Mooney and Steve Carell on Saturday Night Live, usually as an undercutting, domineering figure. [34], Bezos attended the Student Science Training Program at the University of Florida. [51], In 1998, Bezos diversified into the online sale of music and video, and by the end of the year he had expanded the company's products to include a variety of other consumer goods. [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. [140][141] This perception was detailed by Alan Deutschman, who described him as "talking in lists" and "[enumerating] the criteria, in order of importance, for every decision he has made. [57] In 2003, Amazon rebounded from financial instability and turned a profit of $400million. [105][106] In May 2018, Bezos maintained that the primary goal of Blue Origin is to preserve the natural resources of Earth by making the human species multi-planetary. Web[DanSnydersYacht] Did Jerry Jones meet with Jeff Bezos to discuss the Commanders sale?!! [44] Bezos was promoted to head of development and director of customer service thereafter. [51] Bezos used the $54million raised during the company's 1997 equity offering to finance aggressive acquisition of smaller competitors. Bezos has been interested in becoming an NFL owner for at least four years. Amazon went public in [52] In addition, he regarded "Amazon," the name of the world's largest river as fitting for what he hoped would become the world's largest online bookstore. He was high school valedictorian, a National Merit Scholar,[35][36] and a Silver Knight Award winner in 1982. [36] His 1982 high school valedictorian senior graduation speech was followed up with a Miami Herald interview in which he expressed an interest to build and develop hotels, amusement parks, and colonies for human beings who were in orbit. Billionaire Amazon founder Jeff Bezos recently said he plans to give away the majority of his fortune. [20] Jeff attended a Montessori school in Albuquerque, New Mexico, when he was two years old. [113] In January 2016, Bezos set out to reinvent the newspaper as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software. Initially operating out of his garage, the companys first annual revenue was $510,000. [25] Jeff's maternal grandfather was Lawrence Preston Gise, a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque. Bezos became D. E. Shaw's fourth senior vice-president by age 30. Jeff Bezos is currently the world's second-richest man, so purchasing an NFL (National Football League) franchise wouldn't be too tall a task for the billionaire. Getty. Bezos not only invested in the real estate startup's seed round in 2021, but he doubled down on that investment during the company's series A last year. [11] On July 5, 2021, Bezos stepped down as the CEO and President of Amazon and transferred to the role of executive chairman; Andy Jassy, the chief of Amazon's cloud computing division,[12][13] succeeded Bezos as the CEO and President of Amazon. What would you do if your favorite TV show was CANCELED?! [262], After the 2016 presidential election, Bezos was invited to join Donald Trump's Defense Innovation Advisory Board, an advisory council to improve the technology used by the Defense Department. [14] The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0km). He launched nine days after Richard Branson launched onboard The Virgin Galactic Unity 22 mission. [264][265][266][267], In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600million. [214] According to Quartz, his net worth of $150billion in July 2018 was enough to purchase the entire stock markets of Nigeria, Hungary, Egypt, Luxembourg, and Iran. )", "America produced the largest number of billionaires in the world", "Jeff Bezos moves to top spot on Forbes' annual billionaires list", "Here's Why Jeff Bezos Is Not Truly The Richest Person in History", "Jeff Bezos Had a Record-Breaking One-Year Net Worth Jump", "Forbes Billionaires 2018: Meet The Richest People on the Planet", "Jeff Bezos world's first centibillionaire: Amazon boss' journey to beat Bill Gates to the top of Forbeslist", "Jeff Bezos Is Worth $112 Billion, Overtaking Bill Gates as the Richest Man in the World", "Bezos' Billions: The Wealth of a 'Centi-Billionaire', "Jeff Bezos Is Making an Insane $230,000 a Minute Right Now", "Here's How Much Amazon CEO Jeff Bezos Would Be Worth if He Never Sold a Single Share", "Jeff Bezos is rich enough to buy many of the world's stock markets outright", "Is Jeff Bezos's Massive Wealth Becoming a Problem? [41][42], After Bezos graduated from college in 1986, he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. Jeffrey Preston Bezos (/bezos/ BAY-zohss;[2] n Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. [191] After the financial crisis and succeeding economic recession, his net worth would decrease to $6.8billiona 17.7% drop. During the COVID-19 pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon. Author of Book on Amazon", "What Is Jeff Bezos's Religion? After a pair of weekend reportsindicating that Snyder wont sell the team to Bezos, A.J. "[89], In September 2000, Bezos founded Blue Origin, a human spaceflight startup. [165][166] Bezos maintains the email address jeff@amazon.com[167] as an outlet for customers to reach out to him and the company. [26] Lawrence retired early to his family's ranch near Cotulla, Texas, where Jeff would spend many summers in his youth. Bezos founded Amazon in late 1994, on a cross-country road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a wide variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence. [60] According to a 2008 Time profile, Bezos wished to create a device that allowed a "flow state" in reading similar to the experience of video games. Perez of FrontOfficeSports.com reports that Bezos remains in the mix. [68] On February 1, 2018, Amazon reported its highest ever profit with quarterly earnings of $2billion. [46] He and his then-wife, MacKenzie Scott, left their jobs at D. E. Shaw and founded Amazon in a rented garage in Bellevue, Washington on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. The great American entrepreneur Jeff Bezos is the co-founder and longest-serving CEO of Amazon. Overtime is a media company that distributes original sports content on social media outlets, including Snapchat, YouTube and Facebook. Jeff Bezos (@JeffBezos) October 1, 2021 Since New Worlds launch on Tuesday , it has managed to reach a concurrent player count of over 800,000 players, "[82] Sanders's efforts elicited a response from Amazon which pointed to the 130,000 jobs it created in 2017 and called the $28,446 figure for its median salary "misleading" as it included part-time workers.
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