Amazon’s Boss Jeff Bezos Net Worth 2020 – Still the Richest Man in the World

March 15, 2022 harry

Born on January 12, 1964, in Albuquerque, New Mexico, Jeff Bezos is the son of Jacklyn Gise Jorgensen and Ted Jorgensen. His biological father left his family and his mother married a Cuban immigrant Mike Bezos when Jeff was four years old.

Even as a young man, Jeff was obsessed with technical side and always experimented in a family he played to the laboratory. When he was a teenager, his family moved to Miami, where he went to school. While there, Bezos started his first business, Dream Institute. It is a summer camp for fourth grade, fifth and sixth.

After high school, Bezos enrolled at Princeton University, where he studied computer science and electrical engineering. He graduated in 1986 Summa Cum Laude. He immediately found a job on Wall Street, where he worked for several companies, including Fitel, Trust Bankers and investment companies D.e. .

While working in D.e. Shaw, he met his future wife, Mackenzie Tuttle. Jeff became the youngest vice president in the history of the company in 1990. They married in 1993. They have four children together – three sons and a daughter adopted from China.

In 1994, Bezos moved which would change his life. He quit his job and moved to Seattle, decided to try his luck in the e-commerce world that appeared. The idea is to open an online bookstore. He arranged the operation in the garage and hired several employees to help him make software for new companies. 300 of his friends are beta testers and satisfied with the results, July 16, 1995, Bezos started Amazon.com

While working at D.e. Shaw, he met his future wife, Mackenzie Tuttle. Jeff became the youngest vice president in the history of the company in 1990. They married in 1993. They have four children together – three sons and a daughter adopted from China.

In the first 30 days, Amazon sells books not only throughout the United States but in 45 countries around the world. Within 60 days, sales reached $ 20,000 a week, developing much faster than Bezos can be anticipated. In 1997, the company went public, amid fear how it would overcome competition when traditional book sellers started their internet shop.

In 1998, Bezos diversified Amazon, began selling CDs and videos. Then come clothes, toys, and electronics. He survived Bubble Bubble Dot COM, and in 2011, annual sales reached $ 17 billion, from $ 510,000 in 1995. Amazon was an undisputed global e-commerce leader.

Determined to continue to re-create his company, Bezos launched the Kindle in 2007. In the same year, Bezos invested into the blue origin, a company that developed technology to offer trips to customers from Seattle.

Jeff Bezos became the richest man on the planet in July 2017, but for a brief period, since Bill Gates took over from him quickly. Jeff Bezos net worth was estimated at $150 billion in July 2018, allowing him to firmly grab the first place among the wealthiest people in the world.

Jeff Bezos net worth at the moment is $131 billion, still enough to be the wealthiest person on the planet, even after his divorce in 2019. The divorce came after The National Enquirer published a story about the affair Jeff Bezos had with television host Lauren Sanchez. The separation didn’t chip his fortune much since his wife agreed to let him keep all shares in The Washington Post, Blue Origin and voting rights and 75% of their common shares at Amazon.