Jeff Bezos is a $179 billion dollar American philanthropist, businessman, and space adventurer. As the creator of Amazon.com, Jeff Bezos amassed a fortune. Jeff Bezos is Amazon’s former CEO and current president and chairman of the board. In July 2017, he topped Bill Gates in terms of wealth for the first time. Between October 2017 and January 2021, he was the world’s richest person without a break.
Who is Jeff Bezos?
Jeff Bezos was born in Albuquerque, New Mexico on January 12, 1964. Jeff’s mother was a 17-year-old high school student when he was born. His father had a bicycle shop. Jeff’s birth mother finally divorced his birth father. She married a Cuban immigrant called Miguel Bezos when he was four years old.
Miguel adopted Jeff soon after the wedding, and Jeff’s surname was legally changed from Jorgenson to Bezos. Mike got a position as an engineer for Exxon in Houston, so the family relocated. They were also near his mother’s parents’ cattle property south of San Antonio. His maternal grandmother, Mattie Louise Gise, was George Strait’s first cousin.
Bezos utilized his parents’ garage as a laboratory for his science pursuits as a child in Texas. He also spent his summers working on his grandparents’ property. Jeff would subsequently claim that his work ethic was formed during his summers at the ranch. He would subsequently buy the ranch and increase its size from 25,000 to 300,000 acres.
Around the time Jeff started high school, the family relocated to Miami. Jeff worked as a short-order cook at McDonald’s while in high school. He was the valedictorian of his high school and a National Merit Scholar. In his valedictorian speech, he voiced a wish that humans might one day inhabit space.
He went to Princeton University intending to study physics, but his interest in computers led him to change his major. He eventually finished with a 4.2 GPA and Phi Beta Kappa. He graduated with a Bachelor of Science in computer science and electrical engineering.
Jeff started to work at Fitel, a financial technology startup, after graduating from college. He then moved into the banking industry, landing a product management position at Bankers Trust. He was hired as a financial analyst for D. E. Shaw & Co. in 1990, a hedge fund that had recently been established with the assumption that mathematical modeling might anticipate large market profits.
According to Amazon’s most recent SEC filing, Jeff holds 55 million shares of the business or around 12% of the total shares outstanding. At one point, he held 80 million Amazon shares. Jeff handed 19.7 million shares to his ex-wife as part of his divorce settlement with MacKenzie Bezos in April 2019. The shares were worth $36 billion at the time of the transfer.
Jeff’s net worth was temporarily cut from $150 billion to $114 billion as a result of the settlement. Jeff was also an early pre-IPO investor in Google.com and today owns at least $1 billion in Alphabet Inc.
How old is Jeff Bezos?
He is currently 59 years old.
What is Jeff Bezos’s net worth?
The American philanthropist is estimated to be worth $179 Billion.
What is Jeff Bezos’s career?
Jeff had become captivated with the embryonic internet a year before. He wanted to sell something online and settled on books. During a cross-country drive from New York to Seattle, Bezos developed Amazon’s business model. He officially established the company in 1994, starting it in his garage.
For much of the 2000s, Jeff was not even in the top 10 or top 20 of the world’s wealthiest people. In late 2014, Amazon’s stock began to skyrocket. Jeff’s net worth was $50 billion in July 2015. In less than two years, his net worth (and stock) had more than doubled. On July 27, 2017, Bezos surpassed Bill Gates as the world’s richest person. Amazon’s market capitalization surpassed $1 trillion in September 2018. He still possessed 80 million shares prior to his divorce. Jeff’s net worth surpassed the then-all-time high of $170 billion at that moment.
Jeff lived in Seattle, Washington, for nearly three decades. He stated his intention to relocate to Miami full-time in November 2023. near the previous two months, he paid $150 million for two properties on Indian Creek Village, a private island near Miami known as the “Billionaire Bunker.” The properties are adjacent, and it is assumed that he would demolish them to construct a new huge home.
Bezos was voted Time magazine’s Person of the Year in 1999, and he received an honorary degree in Science and Technology from Carnegie Mellon University in 2008. Bezos created Blue Origin, a human spaceflight startup firm, in 2000, partly due to his obsession with space travel.
Blue Origin’s early enthusiasm for creating space hotels, amusement parks, colonies, and miniature cities for 2 million or 3 million people orbiting the Earth is reflected in the company’s name. The corporation was kept secret for a few years until becoming public in 2006, after purchasing a large tract of land in west Texas for a launch and testing site. Bezos met with Richard Branson, the multi-billionaire creator of Virgin Group, in 2013 to discuss commercial spaceflight potential and strategies; that same year, he also purchased The Washington Post.
Source: www.ghgossip.com
