Jeff Bezos, Amazon CEO, World’s richest person

Jeff Bezos

World’s richest person, Jeff Bezos is the founder CEO and president of Amazon, world’s leading online company. 

Birth and Family

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

Education

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.  

Work

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.

Awards

Bezos received the James Smithson Bicentennial  medal in 2016 for his amazing work with Amazon.

Net Worth

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.

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