richest person, Jeff Bezos is the founder CEO and president of Amazon, world’s leading
Jeff Bezos was born on 12th
January, 1964 in Albuquerque, New Mexico and raised in Houston Texas; He is the son of Jacklyn Jorgensen and Ted
Jorgensen. When he was born his mother
was an 18 year old high school student while his father was a bike shop owner. Later,
his mother divorced to Ted Jorgensen and after three year married to a Cuban
immigrant, Miguel Bezos. Miguel adopted Jeff and Jeff took his surname Bezos.
Jeff Bezos attended Miami Palmetto High School and during his study he worked at McDonald’s as an order line cook during the breakfast shift.
Later, Bezos obtained his degree in electrical engineering and
computer science from Princeton University in 1986.
He worked on Wall Street in varied fields from 1986 to 1994. He
worked at Fitel, a Fintech telecommunication company and then he was promoted
to head of development and director of customer service. After it, he worked at Bankers Trust,
D.E.Shaw and Company. By dint of his knowledge and hard work, he became the
fourth senior vice-president at the age of 30.
Business: Foundation of Amazon
Finally, the day came
when Bezos founded the online company Amazon in 1994. For this, he left his job
at D E Shaw. It was a humble beginning with the bookstore and gradually expanded
to other products. He diversified and
expanded the company’s product to include a variety of other consumer goods.
Now Amazon has become the
world’s largest online company. After foundation of three years, he took it
public with initial public offerings. He
also founded spaceflight services company namely, Blue Origin in 2000. Apart from it, he also purchased the
Washington Post, major American newspaper in 2013 for US dollars 250 million.
On February 1, 2018, Amazon recorded its highest ever profit
with quarterly earning of $2 billion.
Wealthiest person on the Planet earth
Bezos surpassed $100 billion for the first time on 24th January,
2017. On 6th March, 2018 he was declared the wealthiest person in the world by
Forbes with a net worth of $112 billion.
Bezos received the James Smithson Bicentennial
medal in 2016 for his amazing work with Amazon.
His net worth is 131 billion as on February
2020. He has become synonymous with his company, Amazon, which has got
recognition and popularity across the world.
Some Famous Quotations by Jeff Bezos
1. Your margin is my opportunity.
2. My own view is that every company
requires a long-term view.
3. I’d rather interview 50 people and not
hire anyone than hire the wrong person.