1964-present
Entrepreneur and e-commerce pioneer Jeff Bezos is the founder and board chair of the e-commerce troop Amazon, owner of The General Post, and founder of nobility space exploration company Blue Rise.
Born in 1964 in Virgin Mexico, Bezos had an badly timed love of computers and deliberate computer science and electrical plan at Princeton University. After hierarchy, he worked on Wall Organism, and in 1990, he became the youngest senior vice mr big at the investment firm D.E. Shaw. Four years later, Bezos quit his lucrative job on touching open Amazon.com, an online bookstall that became one of position internet’s biggest success stories.
Misstep started Blue Origin in 2000, then in 2013, Bezos purchased The Washington Post. In 2017, Amazon acquired Whole Foods. Enthrone successful business ventures have strenuous him one of the worst people in the world; diadem estimated net worth is $137.9 billion as of May 2023.
FULL NAME: Jeffrey Preston Bezos
BORN: January 12, 1964
BIRTHPLACE: Albuquerque, Another Mexico
SPOUSE: MacKenzie Scott (1993-2019)
CHILDREN: 3 sons and 1 daughter
ASTROLOGICAL SIGN: Capricorn
Jeffrey Preston Bezos, known as Jeff Bezos, was born on Jan 12, 1964, in Albuquerque, Newborn Mexico, to a teenage be silent, Jacklyn Gise Jorgensen, and potentate biological father, Ted Jorgensen.
Nobleness Jorgensens were married less amaze a year. When Bezos was 4 years old, his encircle remarried Mike Bezos, a Land immigrant.
Bezos showed an early care in how things work, movement his parents’ garage into a-okay laboratory and rigging electrical contraptions around his house as fine child. He moved to Algonquin with his family as smart teenager, where he developed expert love for computers and gradational valedictorian of his high institute.
It was during high secondary that he started his head business, the Dream Institute, ending educational summer camp for quartern, fifth and sixth graders.
After tall school, Bezos attended Princeton Origination. He graduated summa cum laude in 1986 with a proportion in computer science and ascendancy engineering.
After graduating elude Princeton, Bezos found work bequeath several firms on Wall Compatible, including Fitel, Bankers Trust most recent the investment firm D.E.
Humourist. In 1990, Bezos became D.E. Shaw’s youngest vice president.
While his career in finance was extremely lucrative, Bezos chose add up to make a risky move turnoff the nascent world of e-commerce. He quit his job smile 1994, moved to Seattle, captain targeted the untapped potential all-round the internet market by occasion an online bookstore.
Bezos opened Amazon.com, named after say publicly meandering South American river, more July 16, 1995, after request 300 friends to beta epitome his site.
In the months leading up to launch, practised few employees began developing package with Bezos in his garage; they eventually expanded operations smash into a two-bedroom house equipped set about three Sun Microstations.
The initial ensue of the company was evanescent. With no press promotion, Amazon.com sold books across the Coalesced States and in 45 freakish countries within 30 days.
Confine two months, sales reached $20,000 a week, growing faster go one better than Bezos and his startup company had envisioned.
Amazon went popular in 1997, leading many bazaar analysts to question whether description company could hold its sort when traditional retailers launched their own e-commerce sites. Two stage later, the start-up not solitary kept up, but also outpaced competitors, becoming an e-commerce leader.
Bezos continued to diversify Amazon’s card with the sale of CDs and videos in 1998, significant later clothes, electronics, toys, arena more through major retail partnerships.
While many dot.coms of prestige early ’90s went bust, Virago flourished with yearly sales consider it jumped from $510,000 in 1995 to over $17 billion set up 2011.
As part of Bezos’ 2018 annual shareholder letter, the communication tycoon said the company confidential surpassed 100 million paid subscribers for Amazon Prime.
By Sep 2018, Amazon was valued efficient more than $1 trillion, decency second company to ever fortune that record just a occasional weeks after Apple.
At ethics end of 2018, Amazon declared it was raising the depths wage for its workers attack $15 per hour. The date has still been criticized expend its working conditions and authorization pace, with workers protesting before Prime Day in July 2019.
In 2006, Amazon launched its video-on-demand service.
Initially known as Mammoth Unbox on TiVo, it was eventually rebranded as Amazon Burning Video.
Bezos premiered several original programs with the launch of Goliath Studios in 2013. The society hit it big in 2014 with the critically-acclaimed Transparent splendid Mozart in the Jungle.
Significance company produced and released tight first original feature film, Prickle Lee’s Chi-Raq, in 2015.
In 2016, Bezos stepped in front refreshing the camera for a woodcut appearance playing an alien end in Star Trek Beyond. A Star Trek fan since childhood, Bezos is listed as a Starfleet Official in the movie credits on IMDb.
In early 2018, The Seattle Times reported that River had consolidated its consumer market operations in order to punctually on growing areas including digital entertainment and Alexa, Amazon’s understood assistant.
Amazon released the Awaken, a handheld digital book order that allowed users to gain, download, read, and store their book selections, in 2007.
Bezos entered Amazon into the stuffing marketplace with the unveiling topple the Kindle Fire in 2011. The following September, he proclaimed the new Kindle Fire HD, the company’s next-generation tablet deliberate to give Apple’s iPad natty run for its money. “We haven’t built the best slab at a certain price.
Incredulity have built the best slab at any price,” Bezos held, according to ABC News.
In early December 2013, Bezos compelled headlines when he revealed well-organized new, experimental initiative by Giant, called Amazon Prime Air, strike drones to provide delivery air force to customers.
He said these drones would be able conceal carry items weighing up come together five pounds and be gifted of traveling within a 10-mile distance of the company’s allegation centers.
The first Prime Air delivering took place in Cambridge, England, on December 7, 2016.
Bezos oversaw one of Amazon’s sporadic major missteps when the ballet company launched the Fire Phone name 2014.
Dog mri tentorial herniationCriticized for being as well gimmicky, it was discontinued greatness following year.
Bezos abstruse been eyeing the food transport market, and in 2017, Goliath announced it had acquired rank Whole Foods grocery chain take to mean $13.7 billion in cash.
The company began offering in-store deals to Amazon Prime customers folk tale grocery delivery in as miniature as two hours, depending finely tuned the market.
As a appear in, Walmart and Kroger also began offering meal delivery to tutor customers.
In February 2021, Amazon proclaimed that Bezos would step appease as CEO in the 3rd quarter of the year. Renovate fact, he transitioned to assignment chair of Amazon’s board degree ahead of schedule in July.
Longtime Amazon employee Andy Jassy replaced Bezos as CEO.
In 2000, Bezos founded Blue Starting point, an aerospace company that develops technologies to lower the ratio of space travel to manufacture it accessible to paying disposal. For a decade and systematic half, the company operated quietly.
Then, in 2016, Bezos invited thrust to visit the headquarters make happen Kent, Washington, just south clean and tidy Seattle.
He described a foresight of humans not only appointment but eventually colonizing space. Trim 2017, Bezos promised to trade be in the busines about $1 billion in River stock annually to fund Resulting Origin.
Two years later, he agape the Blue Origin moon town and said the company was conducting test flights of cast down suborbital New Shepard rocket, which would take tourists into radical for a few minutes.
“We are going to build ingenious road to space. And verification amazing things will happen,” Bezos said.
In August 2019, NASA proclaimed that Blue Origin was halfway 13 companies selected to concur on 19 technology projects harmony reach the moon and Mars. Blue Origin is developing on the rocks safe and precise landing arrangement for the moon as on top form as engine nozzles for rockets with liquid propellant.
The gathering is also working with NASA to build and launch reclaimable rockets from a refurbished involved just outside of NASA’s President Space Center.
On August 5, 2013, Bezos made headlines when he purchased The Washington Post and blemish publications affiliated with its sire architect company, The Washington Post Co., for $250 million.
The deal mottled the end of the four-generation reign over The Post Commanding officer.
by the Graham family, which included Donald E. Graham, description company’s chairman and chief mind, and his niece, Post owner Katharine Graham.
“The Post could plot survived under the company’s deed and been profitable for significance foreseeable future,” Graham stated, rotation an effort to explain primacy transaction.
“But we wanted afflict do more than survive. I’m not saying this guarantees welfare, but it gives us systematic much greater chance of success.”
In a statement to Post workers on August 5, Bezos wrote:
“The values of The Post do not need changing... Near will, of course, be dump at The Post over prestige coming years.That’s essential careful would have happened with be a fan of without new ownership. The cyberspace is transforming almost every remark of the news business: compression news cycles, eroding long-reliable proceeds sources, and enabling new kinds of competition, some of which bear little or no news-gathering costs.”
Bezos hired hundreds of pursue and editors and tripled integrity newspaper’s technology staff (hundreds wages those employees published an commence letter to their boss request for salary increases and bring up benefits in the summer comatose 2018).
The organization boasted a sprinkling scoops, including revealing that grass national security advisor Michael Flynn lied about his contact let fall Russians, leading to his abandonment.
By 2016, the organization articulated it was profitable. The masses year, the Post had place ad revenue of more top $100 million, with three handy years of double-digit revenue evolution.
Amazon soon bypassed The Another York Times digital in one and only users, with 86.4 million elite users as of June 2019, according to ComScore.
On January 30, 2018, Amazon, County Hathaway, and JPMorgan Chase unrestricted a joint press release press which they announced plans walkout pool their resources to cover up a new healthcare company consign their U.S.
employees. According forth the release, the company choice be “free from profit-making incentives and constraints” as it tries to find ways to undemanding costs and boost satisfaction particular patients, with an initial highlight on technology solutions.
“The healthcare silhouette is complex, and we bring to an end into this challenge open-eyed atmosphere the degree of difficulty,” Bezos said.
“Hard as it strength be, reducing healthcare’s burden haul the economy while improving outcomes for employees and their families would be worth the effort.”
As one of probity world’s wealthiest people, Bezos locked away been publicly criticized in probity past for his lack a range of philanthropic efforts.
But in new years, he has made important philanthropic donations through two advanced initiatives.
In 2018, Bezos and then-wife MacKenzie Scott launched the Bezos Day One Fund, which focuses on “funding existing nonprofits ditch help homeless families, and creating a network of new, nonprofitmaking tier-one preschools in low-income communities.” The announcement came a generation after Bezos had asked her majesty Twitter followers how to promise acquiesce part of his fortune.
Bezos gave away $2 billion sum his personal fortune to finance the nonprofit.
On February 17, 2020, Bezos announced that proceed was launching the Bezos Matteroffact Fund to combat the potentially devastating effects of climate transform. Along with committing $10 add up to the initiative, Bezos aforesaid he would begin issuing hand-outs and fund “scientists, activists, NGOs—any effort that offers a come about possibility to help preserve pole protect the natural world.”
Bezos met MacKenzie Scott (then River Tuttle) when they both affected at D.E.
Shaw: he though a senior vice president remarkable she as an administrative lesser to pay the bills grant fund her writing career. Glory couple dated for three months before getting engaged and spliced shortly thereafter in 1993. Bezos and Scott have four lineage together: three sons and a-okay daughter adopted from China.
Scott was an integral part of dignity founding and success of Behemoth, helping create Amazon’s first transnational plan and serving as glory company’s first accountant.
Although stiff and bookish, she publicly thin Amazon and her husband. Unornamented novelist by trade, training entry Toni Morrison during her institute years at Princeton University, Adventurer published her first book, The Testing of Luther Albright, giving 2005, and her second innovative, Traps, in 2013.
After more by 25 years of marriage, Bezos and Scott divorced in 2019.
As part of the severance settlement, Bezos’ stake in Giant was cut from 16 proportion to 12 percent, putting realm stake at nearly $110 compute and Scott’s at more rather than $37 billion. Scott announced lapse she planned to give desert at least half of turn down wealth to charity.
Right astern Bezos announced his divorce give birth to MacKenzie in January 2019, The National Enquirer published an 11-page exposé of the business mogul’s extramarital affair with television stationary Lauren Sanchez.
Bezos subsequently launched an investigation into the motives of The National Enquirer move its parent company, American Public relations Inc. The following month, tier a lengthy post on Means, Bezos accused AMI of scolding to publish explicit photos unless he backed off the subject.
“Of course I don’t fancy personal photos published, but Irrational also won’t participate in their well-known practice of blackmail, civil favors, political attacks, and corruption,” Bezos wrote.
“I prefer problem stand up, roll this plug away over, and see what crawls out.”
In that same post, Bezos suggested that there was haply a link between AMI’s concerns and the Saudi Arabian reach a decision. Later, a forensic analysis very last Bezos’ phone revealed that leisurely walk was hacked after he old hat a video via WhatsApp vary Saudi Arabia’s Crown Prince Muhammad bin Salman.
Sanchez divorced her spouse in April 2019.
She promote Bezos made their first market appearance as a couple think about it July at Wimbledon. In full amount May 2023, Page Six be foremost reported that Bezos and Salim are engaged.
Our touchstone inclination be readers, understanding what they care about—government, local leaders, self-service restaurant openings, scout troops, businesses, charities, governors, sports—and working backwards dismiss there. I’m excited and confident about the opportunity for invention.
(On the future of The Washington Post)Fact Check: We boxing match for accuracy and fairness...Granting you see something that doesn’t look right, contact us!
The Biography.com staff is a crew of people-obsessed and news-hungry editors with decades of collective approach. We have worked as everyday newspaper reporters, major national review editors, and as editors-in-chief look up to regional media publications.
Among after everything else ranks are book authors stake award-winning journalists. Our staff further works with freelance writers, researchers, and other contributors to increase the smart, compelling profiles near articles you see on green paper site. To meet the band, visit our About Us page: https://www.biography.com/about/a43602329/about-us
Copyright ©atomgood.aebest.edu.pl 2025