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He also purchased the major American newspaper The Washington Post in 2013 for $250million and manages many other investments through his venture capital firm, Bezos Expeditions. in electrical engineering and computer science; he was also a member of Phi Beta Kappa. "[82] Sanders's efforts elicited a response from Amazon which pointed to the 130,000 jobs it created in 2017 and called the $28,446 figure for its median salary "misleading" as it included part-time workers. Won't Award Them", "FAA Commercial Human Spaceflight Recognition", "Bloomberg Billionaire Index Jeff Bezos", "Meet Altos Labs, Silicon Valley's latest wild bet on living forever", "This Is The Richest Person in the World", "Jeff Bezos Becomes The First Person Ever Worth $200 Billion", "Amazon CEO Jeff Bezos grows fortune by $24bn amid coronavirus pandemic", "Jeff Bezos to Step Down as Amazon C.E.O. [146][147] His physical appearance increased the public's perception of him as a symbolically dominant figure in business and in popular culture, wherein he has been parodied as an enterprising supervillain. [70] On July 27, 2017, Bezos momentarily became the world's wealthiest person over Microsoft co-founder Bill Gates when his estimated net worth increased to just over $90billion. Amazon CEO Jeff Bezos was a smart and enterprising kid, as Brad Stone writes in his 2013 book "The Everything Store." Will I regret missing the beginning of the Internet? His wealth surpassed $100billion for the first time on November 24, 2017, and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112billion. [93], After its founding, Blue Origin maintained a low profile until 2006 when it purchased a large tract of land in West Texas for a launch and test facility. He was succeeded as CEO by Andy Jassy. On August 5, 2013, Bezos announced his purchase of The Washington Post for $250million in cash,[109] at the suggestion of his friend, Don Graham. [132][133] Journalist Mark O'Connell criticized Bezos's relentless customer focus as "very small" in terms of impact on humanity as a whole,[134] a sentiment technologist Tim O'Reilly agreed with. A local newspaper quoted his intention "to get all people off the earth and see it turned into a huge national park". [165][166] Bezos maintains the email address jeff@amazon.com[167] as an outlet for customers to reach out to him and the company. He was high school valedictorian, a National Merit Scholar,[35][36] and a Silver Knight Award winner in 1982. [b], His wealth, in 201718 terms, equaled that of 2.7million Americans. "We believe this is just the tip of the iceberg, as we develop new ways for Overtime to engage with and entertain the next generation of athletes and fans.". [55] Although Amazon was originally an online bookstore, Bezos had always planned to expand to other products. Although the crash was viewed as a setback, news outlets noted how far the company went from its founding-to-date in advancing spaceflight. [20] Jeff attended a Montessori school in Albuquerque, New Mexico, when he was two years old. In this handout image provided by SportsPro, Dan Porter, Overtime speaks during the SportsPro OTT Summit USA 2020 at Turner Studios on February 19, 2020 in Atlanta, Georgia. [119] Bezos is involved in the healthcare sector, which includes investments in Unity Biotechnology, GRAIL, Juno Therapeutics, and Zocdoc. [269] Controversy over this was raised when General James Mattis accepted a headquarters tour invitation from Bezos and co-ordinated the deal through Sally Donnelly, a lobbyist who previously worked for Amazon. ", and "Why are you ruining my life?". WebHow did Jeff Bezos get rich? [27] Jeff would later purchase this ranch and expand it from 25,000 acres (10,117ha) to 300,000 acres (121,406ha). ", "Jeff Bezos Buys David Geffen's Los Angeles Mansion for a Record $165 Million", "Amazon founder Jeff Bezos buys 'most expensive home' in Los Angeles", "Jeff Bezos Drops $16 Million on Another Manhattan Pad to Create a 'Vertical' Dream Home", "Rotterdam Is Dismantling a Historic Bridge for Jeff Bezos's Superyacht", "Expecting the Unexpected From Jeff Bezos", "Washington Post' May Find Conflicts in Amazon Coverage", "More than 400 Washington Post staffers wrote an open letter to Jeff Bezos calling out his 'shocking' pay practices", "More Than 400 Washington Post Staffers Wrote an Open Letter to Jeff Bezos Calling Out His 'Shocking' Pay Practices", "What Jeff Bezos' intimate-message breach teaches us about digital security", "Jeff Bezos' girlfriend Lauren Sanchez greeted him when he returned from his spaceflight. ", "Why Trump went after Bezos: Two billionaires across a cultural divide", "9 Shocking Anecdotes That Reveal Jeff Bezos's Cutthroat Management Style", "How Jeff Bezos Became a Power Beyond Amazon", "Guess How Many Pillsbury Biscuits Jeff Bezos Used to Eat Daily", "How Amazon Got Swole Just Like CEO Jeff Bezos", "Jeff Bezos: The man who turned Amazon into an empire", "Amazon CEO Jeff Bezos stuns everyone with his macho look, Twitter users compare him with The Rock, VinDiesel", "Jeff Bezos's latest sideline has lots of people comparing him to a comic-book supervillain", "Jeff Bezos, Who Is Not A Super-Villain, Is Building A Giant Clock Inside A Mountain, Because He's NOT A Super-Villain", "On SNL, a bald Steve Carell plays Jeff Bezos and won't stop trolling Trump", "Amazon's Jeff Bezos Wins ITUC's World's Worst Boss Poll", "The Best-Performing CEOs in the World, 2019", "For Bezos, Now World's Richest, Philanthropy Is 'Saved for Later', "Amazon launches a scathing response to Times story", "Jeff Bezos responds to 'New York Times' report on Amazon's workplace", "This is the Jeff Bezos playbook for preventing Amazon's demise", "Amazon's Bezos could teach large companies a thing or two about strategy", "What Amazon's Jeff Bezos thinks about Peter Thiel and Hulk Hogan vs. Gawker", "A day in the life of the richest person in history, Jeff Bezos who made $6.44billion in one day and still washes the dishes after dinner", "This is Jeff Bezos' 3-question test for new Amazon employees", "Kevin's Week in Tech: Jeff Bezos Reminds Tech Who's Boss", "5 key business lessons from Amazon's Jeff Bezos", "What Makes Amazon CEO Jeff Bezos Such a Visionary Leader", "Jeff Bezos keeps his Amazon email address public here's why", "Amazon CEO Jeff Bezos explains his famous one-character emails, known to strike fear in manager's hearts", "Forum on Leadership: Conversation with Jeff Bezos", "Jeffrey Preston Bezos: 1999 Person of the year", "America's Best Leaders: Jeff Bezos, Amazon.com.com CEO", "April 22: Amazon.com Founder Jeff Bezos to Speak at Carnegie Mellon Business School and Computer Science Diploma Ceremonies", "Charging ahead: e-book design and popularity win Kindle creators Innovation Award", "Amazon's Jeff Bezos: The ultimate disrupter", "Jeff Bezos on nuclear reactors in space, the lack of bacon on Mars and humanity's destiny in the solar system", "National Academy of Engineering Elects 83 Members and 16 Foreign Members", "Jeff Bezos gets a kick out of winning the first Buzz Aldrin Space Innovation Award", "Jeff Bezos responded to reports of poor working conditions at Amazon here's what he said", "Jeff Bezos: The World's 100 Most Influential People", "Emmanuel Macron criticised for giving Lgion d'honneur to Jeff Bezos", "The Age When 17 Self-Made Billionaires Earned Their First Million", "Jeff Bezos' Net Worth Rises $1.4 Billion on Rumors of 3-D Amazon Smartphone", "Jeff Bezos Just Gained $7 Billion in an Hour to Become World's Fifth Richest", "The Full List of Every American Billionaire 2016", "Amazon CEO Jeff Bezos' Net Worth Hits Record High As Fortune Jumps $2.6 Billion", "Amazon CEO Jeff Bezos Is the Richest Person in the World Again", "Forbes 2017 Billionaires List: Meet The Richest People on the Planet", "Jeff Bezos Made $6.2 Billion in 5 Minutes and Became the World's Richest Person (How Was Your Thursday? Author of Book on Amazon", "What Is Jeff Bezos's Religion? [238][239], In January 2019, Bezos and his wife Mackenzie Scott released a joint statement which revealed that they would be getting divorced after 25 years together. [143][144], During the early 2010s, Bezos solidified his reputation for aggressive business practices, and his public image began to shift. Bezos was a multi-billionaire who drove a 1996 Honda Accord. The company also and sells apparel with its logos and branding. Jeff Bezos Whats more, the report also said that He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. Jeff Bezos [48][53][54] He warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt. Overtime's basketball league offers $100K salaries to teen players. Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. [295][bettersourceneeded] In June 2018, Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy. [112] In March 2014, Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S. local newspapers in Texas, Hawaii, and Minnesota. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's Billionaires Index and Forbes.[5][6]. That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. [11] On July 5, 2021, Bezos stepped down as the CEO and President of Amazon and transferred to the role of executive chairman; Andy Jassy, the chief of Amazon's cloud computing division,[12][13] succeeded Bezos as the CEO and President of Amazon. [274], In 2019, a political action committee linked to Bezos spent over $1million in an unsuccessful attempt to defeat the reelection bid of Seattle city council member and activist Kshama Sawant. [35] In his graduation speech, Bezos told the audience he dreamed of the day when mankind would colonize space. The Amazon CEO Keeps His Beliefs to Himself", "What we know, and don't know, about Jeff Bezos' religious beliefs", "Amazon Chief Survives Helicopter Crash in Texas", "Amazon founder Jeff Bezos reveals Star Trek Beyond alien cameo", "Jeff Bezos, long known for guarding his privacy, faces his most public and personal crisis", "Amazon CEO Jeff Bezos and wife MacKenzie to divorce after 25 years of marriage", "Jeff and MacKenzie Bezos are getting divorced after 25 years of marriage", "Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorce", "Amazon's Jeff Bezos, wife, make $2.5million donation for gay marriage", "Amazon.com Contributions to Federal Candidates, 2012 cycles", "How to Understand Donald Trump's #AmazonWashingtonPost Tweet in 3 Easy Steps", "Slammed by Trump, Amazon's Jeff Bezos Chooses Silence", "Why Jeff Bezos Is Dumping Cash into Trump's Swamp", "Donald Trump called out Jeff Bezos on Twitter. It is the world's largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch. [87] On February 2, 2021, Bezos sent an email[88] to all Amazon employees, telling them the transition would give him "the time and energy [he] need[s] to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions. On Saturday, TheAthletic.com reported that Bank of America (which is handling the sale) has informed Bezos that hes out. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. In addition, it is also reported that current Commanders Owner Daniel Snyder blocked Bezos from entering the private auction for the team even though Bezos said he wanted to participate. [160] Journalist Walt Mossberg dubbed the idea that someone who cannot tolerate criticism or critique shouldn't do anything new or interesting "The Bezos Principle". His one line consisted of a response to an alien in distress: "Speak Normally." Then Bezos called his bluff", "Why Amazon's collaboration with the CIA is so ominous and vulnerable", "DoD's $10B cloud contract comes under protest 11 days after final RFP", "Microsoft wins Pentagon's $10bn cloud computing contract", "Amazon suing Pentagon over $10B cloud contract, alleging 'bias', "Pentagon cancels $10 billion JEDI cloud contract that Amazon and Microsoft were fighting over", "Amazon Pushes ICE to Buy Its Face Recognition Surveillance Tech", "Amazon's growing spending on Seattle politics includes a spate of donations from Jeff Bezos' 'S Team', "Jeff Bezos donates $100M to the Obama Foundation in honor of Congressman John Lewis", "Jeff Bezos donates to Obama Foundation in honor of John Lewis", "Saudi crown prince meets Amazon CEO Jeff Bezos in Seattle", "Saudi Arabia 'hacked Amazon boss's phone', says investigator", "Jeff Bezos hack: Amazon boss's phone 'hacked by Saudi crown prince', "Jeff Bezos hack: Saudi Arabia calls claim 'absurd', "Fred Hutch receives $35million donation, largest ever, from Bezos family", "Amazon CEO Jeff Bezos and family donate $20M to Fred Hutchinson Cancer Research Center", "Jeff Bezos is the richest man in modern history here's how he spends on philanthropy", "Unanswered questions about Jeff Bezos' new $2billion philanthropic fund", "Jeff Bezos just gave $1million to the Reporters Committee for Freedom of the Press", "Jeff Bezos wants to give more money to charity. Shaw in 1994 and moved to Washington State to start Amazon as an Internet bookstore. Mind-boggling", "If You Invested in Amazon at Its IPO, You Could Have Been a Millionaire", "The electricity metaphor for the web's future", "How Jeff Bezos was selected for, but never joined, the Defense Innovation Board", "Bezos Jeffrey P.: Insider Trading Transactions", "Amazon posts quarterly profit of $1.9billion, its highest ever", "Bezos is putting $1billion a year into rocket-maker Blue Origin by selling Amazon stock", "Billionaire Jeff Bezos Will Star in Amazon's Super Bowl Ad", "Amazon posts largest profit in its history on sales, tax boost", "After losing China, Jeff Bezos really wants to win in India", "Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion", "Five Things You Need to Know to Start Your Day", "Forget Zuckerberg: Why Trump Is "Obsessed" with Breaking Bezos", "The World's Richest Man Just Lost $10.7 Billion as Trump Tweets About Amazon", "Why a Trump-Led Antitrust Case Against Amazon Is a Long Shot", "Congress demands Jeff Bezos explain Amazon's face recognition software", "Bernie Sanders introduces 'Stop BEZOS Act', "Bernie Sanders introduces 'Stop BEZOS' bill to tax Amazon for underpaying workers", "Bernie Sanders's BEZOS bill takes aim at how Amazon pays workers", "Bernie Sanders targets Amazon, Walmart with 100% tax", "What the Bernie Sanders Amazon welfare fight is really about", "Amazon to raise minimum wage to $15 for all U.S. workers", "Why Amazon really raised its minimum wage to $15", "Amazon.com Announces Financial Results and CEO Transition", "NBC News reports Jeff Bezos' intention to stand down as CEO of Amazon in the third quarter of 2021", "Former Blue Origin president Rob Meyerson leaves Jeff Bezos' space venture", "Buzz in West Texas is about Jeff Bezos space craft launch site", "Jeff Bezos Owns the Web in More Ways Than You Think", "Taking the long view: Jeff Bezos, the founder and chief executive of Amazon, owes much of his success to his ability to look beyond the short-term view of things", "Unplugged: Richard Branson's otherworldly space quest", "Three Billionaires Are Racing to Space.