In February 2023, Bezos was presented with the, denotes retired vehicles, engines, products, This page was last edited on 2 March 2023, at 19:21. The Washington Post reported that Jones may be leaning on Dan Snyder to sell ", "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? Jeff Bezos taps investment firm while mulling Commanders bid Jeff Bezos is a gamer if you count flying rockets: Twitch co Jeff Bezos quit his job at an investment bank in 1994 and moved to Seattle, Washington, to open a virtual bookstore. Perez of FrontOfficeSports.com reports that Bezos remains in the mix. Jeff Bezos He should pay his workers first", "If Jeff Bezos wants to help low-income people why not just pay them better? [115], Bezos makes personal investments through his venture capital vehicle, Bezos Expeditions. Blue Origin's New Shepard vehicle reached space in 2015 and afterwards successfully landed back on Earth; he flew into space on Blue Origin NS-16 in 2021. Jeff Bezos [59][failed verification] In November 2007, Bezos launched the Amazon Kindle. [215] Following the report by Quartz, Amazon workers in Poland, (Germany), and Spain participated in demonstrations and labor strikes to draw attention to his growing wealth and the lack of compensation, labor rights, and satisfactory working conditions of select Amazon workers. Cry? In September 2021, Bezos co-founded biotechnology company Altos Labs with Mail.ru founder Yuri Milner.[7]. The company will use a portion of the funds to fuel its basketball league that pays 16-to-18-year old players at least $100,000 per year. [200], Bezos would continue to sporadically surpass Gates throughout the month of October 2017 after Amazon's share price fluctuated. Shares of the company were only $7 on average that year. [66] By January 19, 2018, his Amazon stock holdings had appreciated to slightly over $109billion; months later he began to sell stock to raise cash for other enterprises, in particular, Blue Origin. [b], His wealth, in 201718 terms, equaled that of 2.7million Americans. Yes. Since its launch in 2016, Overtime said, it has nearly 50 million social media followers. Jeff Bezos [280], In January 2020, The Guardian reported that the hack was initiated before the murder but after Khashoggi wrote critically about the crown prince in the Washington Post. [124][125] In 2013, Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 engines from the floor of the Atlantic Ocean. [27] Jeff would later purchase this ranch and expand it from 25,000 acres (10,117ha) to 300,000 acres (121,406ha). Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement", "World's richest man Jeff Bezos divorces", "Jeff Bezos, World's Richest Person, Announces Divorce After 25 Years Of Marriage", "MacKenzie Bezos, author, philanthropist, and soon to be world's richest woman? [307], In November 2022, Bezos granted a $100-million Courage and Civility Award to singer Dolly Parton in recognition of her charity work focused on improving children's literacy around the world. [213] The Motley Fool estimated that if Bezos had not sold any of his shares from its original public offering in 1997, his net worth would sit at $181billion in 2018. )", "America produced the largest number of billionaires in the world", "Jeff Bezos moves to top spot on Forbes' annual billionaires list", "Here's Why Jeff Bezos Is Not Truly The Richest Person in History", "Jeff Bezos Had a Record-Breaking One-Year Net Worth Jump", "Forbes Billionaires 2018: Meet The Richest People on the Planet", "Jeff Bezos world's first centibillionaire: Amazon boss' journey to beat Bill Gates to the top of Forbeslist", "Jeff Bezos Is Worth $112 Billion, Overtaking Bill Gates as the Richest Man in the World", "Bezos' Billions: The Wealth of a 'Centi-Billionaire', "Jeff Bezos Is Making an Insane $230,000 a Minute Right Now", "Here's How Much Amazon CEO Jeff Bezos Would Be Worth if He Never Sold a Single Share", "Jeff Bezos is rich enough to buy many of the world's stock markets outright", "Is Jeff Bezos's Massive Wealth Becoming a Problem? [169][170], Bezos first became a millionaire in 1997 after raising $54million through Amazon's initial public offering (IPO). Jeff Bezos is currently the world's second-richest man, so purchasing an NFL (National Football League) franchise wouldn't be too tall a task for the billionaire. He is the founder and CEO of Amazon, owner of The Washington Post and founder of the space exploration company Blue Jeff Bezos | Biography, Amazon, & Facts | Britannica ", "Jeff Bezos's Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day', "Jeff Bezos Becomes the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos Is Now the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos becomes the richest person in modern history amid Amazon Prime Day kickoff", "Is Jeff Bezos Really the Richest of Them All? Bezos rose to be the 5th richest person in the world hours before market close; he gained $7billion in one hour. [260] In 2012, he donated to Amazon's political action committee (PAC),[260] which has given $56,000 and $74,500 to Democrats and Republicans, respectively. [105][106] In May 2018, Bezos maintained that the primary goal of Blue Origin is to preserve the natural resources of Earth by making the human species multi-planetary. [259], According to public campaign finance records, Bezos supported the electoral campaigns of Patty Murray and Maria Cantwell, two Democratic U.S. senators from Washington. [202] When the 2017 list was issued, Bezos's net worth was registered at $72.8billion, adding $27.6billion from the previous year. After a pair of weekend reportsindicating that Snyder wont sell the team to Bezos, A.J. [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. [84] On October 2, 2018, Bezos announced a company-wide wage increase, which Sanders applauded. [256][257][258] On April 4, 2019, the divorce was finalized, with Bezos keeping 75% of the couple's Amazon stock and MacKenzie getting the remaining 25% ($35.6billion) in Amazon stock. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [188] He lost $500million the following year, which brought his net worth down to $1.5billion. However, Bezos was not included in that stage of the bidding. The previous record high price of $150 million was paid by Lachlan Murdoch for the Chartwell Mansion. Global investment firm Blackstone, Morgan Stanley and many NBA stars, including Devin Booker, Trae Young and Klay Thompson, joined the investment round. [275], On November 22, 2021, Jeff Bezos donated $100million to the Obama Foundation to "help expand the scope of programming that reaches emerging leaders", and requested the Obama Presidential Center's plaza to be named after John Lewis. [32][33] While Jeff was in high school, he worked at McDonald's as a short-order line cook during the breakfast shift. [264][265][266][267], In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600million. Richard Lautens | Toronto Star | Getty Images. [253] He had lobbied Paramount for the role apropos of Alexa and his personal/professional interest in speech recognition. On July 20, 2021, he flew to space alongside his half-brother,[1] Mark. The current market value of 40 shares is $40. "[137] Select accounts of his persona have drawn controversy and public attention. [69] Due to the growth of Alibaba in China, Bezos has often expressed interest in expanding Amazon into India. [100] Later in November, Blue Origin's New Shepard space vehicle successfully rocketed into space and reached its planned test altitude of 329,839 feet (100.5 kilometers) before executing a vertical landing back at the launch site in West Texas. WebFor the years he did pay federal income taxes between 2006 and 2018, Bezos paid a total of about $1.4 billion on a reported income of $6.5 billion, or a rate of about 21.5%. [9] In August 2020, according to Forbes, he had a net worth exceeding $200billion. For other people with the surname, see, Wealthiest people in the United States by state, All currency figures expressed in the United States dollar (US$) in, Many calculations of Bezos's wealth during the late 2010s were not, Students for the Exploration and Development of Space, Heinlein Prize for Advances in Space Commercialization, Reporters Committee for Freedom of the Press, undocumented immigrants brought to the United States as minors, 2021 United Nations Climate Change Conference, "Riding the Wild, Perilous Waters of Amazone.com", "Jeff Bezos Is Getting Astronaut Wings. [288] On June 15, 2017, he posted a message on Twitter asking for ideas for philanthropy: "I'm thinking about a philanthropy strategy that is the opposite of how I mostly spend my timeworking on the long term". All Rights Reserved. $3,487 is divided by 47, a fraction. [261] Bezos donated $100,000 towards a movement against a Washington state income tax in 2010 for "top earners". Getty. Jeff Bezos ' girlfriend Lauren Snchez basically lived in a fishbowl in 2019 when it was first revealed that were dating while they each were still married to other people. It wasn't until 1998, a year after Amazon became a public company, that Bezos became a billionaire. [49] Prior to settling on Seattle, Bezos had investigated setting up his company at an Indian reservation near San Francisco in order to avoid paying taxes. Jeff Bezos - Wikipedia Jeff Bezos is a gamer if you count flying rockets into space, co-founder of Amazon-owned Twitch says. Initially operating out of his garage, the companys first annual revenue was $510,000. Jeff Bezos will officially step down as Amazon CEO on Sunday. [292] As part of this announcement, he committed to establishing the "Day 1 Families Fund" to finance "night shelters and day care centers for homeless families" and the "Day 1 Academies Fund" for early childhood education. [10] In 2020 during the COVID-19 pandemic, his wealth grew by approximately $24billion. [14] The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0km). [168] Bezos has cited Jeff Immelt (of New Enterprise Associates),[169] Warren Buffett (of Berkshire Hathaway), Jamie Dimon (of JPMorgan Chase), and Bob Iger (of Walt Disney) as major influences on his leadership style. [250], In March 2003, Bezos was a passenger in a helicopter that crashed in West Texas while surveying land to buy for Blue Origin; the other 3 occupants in the helicopter were pilot Charles "Cheater" Bella, Amazon lawyer Elizabeth Korrell, and local rancher Ty Holland. [191] After the financial crisis and succeeding economic recession, his net worth would decrease to $6.8billiona 17.7% drop. Here's everything that's happened since their relationship began, including a tabloid scandal and possibly even a hack by foreign operatives", "Jeff Bezos Walks Through a One-Way Door, Opening a New Age for Amazon", "Jeff Bezos Accuses National Enquirer of 'Extortion and Blackmail', "Jeff Bezos' nudes were reportedly leaked when his girlfriend Lauren Sanchez sent them to her brother, in a new twist to the dramatic saga here's everything we know so far", "Quoted: She Said, He Said MacKenzie Bezos Vs. Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. [233], Bezos is the owner of the Y721, a luxury superyacht estimated to cost more than $500,000,000. [39] To push Amazon forward, Bezos developed the mantra "Get Big Fast", establishing the company's need to scale its operations to produce market dominance. [43] He first worked at Fitel, a fintech telecommunications start-up, where he was tasked with building a network for international trade. Jeff Bezos On this Wikipedia the language links are at the top of the page across from the article title. [51] In late 2002, rapid spending from Amazon caused it financial distress when revenues stagnated. "[81] He later said: "Bezos could play a profound role. Jeff Bezos is stepping down as Amazon CEO. Hell still have [285], In September 2018, Business Insider reported that Bezos was the only one of the top five billionaires in the world who had not signed the Giving Pledge, an initiative created by Bill Gates and Warren Buffett that encourages wealthy people to give away a majority of their wealth. TheAthletic.com also reports that Bezos has been prevented from bidding on the team Jeff Bezos Bezos founded the aerospace manufacturer and sub-orbital spaceflight services company Blue Origin in 2000. However, Bezos would keep all of the couple's voting rights. [268] A 2018, $10billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project, this time with the Pentagon, was allegedly written up in a way that favors Amazon. There are really three things to look at here. He worked on Wall Street in a variety of related fields from 1986 to early 1994. The fundraising comes more than a month after Overtime announced a paid basketball league for young players. [60] According to a 2008 Time profile, Bezos wished to create a device that allowed a "flow state" in reading similar to the experience of video games. [25] Jeff's maternal grandfather was Lawrence Preston Gise, a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque. Bezos was a multi-billionaire who drove a 1996 Honda Accord. [162] Instead of using presentation slides, Bezos requires high-level employees to present information with six-page narratives. [15] In September 2022, he was ranked second on the Forbes 400 list of wealthiest Americans with a net worth of $151 billion. The hour glass appears to be running out on Jeff Bezos (@JeffBezos) October 1, 2021 Since New Worlds launch on Tuesday , it has managed to reach a concurrent player count of over 800,000 players, [131], Journalist Nellie Bowles of The New York Times has described the public persona and personality of Bezos as that of "a brilliant but mysterious and coldblooded corporate titan". [17] At the time of Jeff's birth, his mother was a 17-year-old high-school student and his father was 19 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. [47][48] With Bezos at the helm and Scott taking an integral role in its operationwriting checks, keeping track of the books, and negotiating the company's first freight contractsthe foundation was laid for this garage-run operation to grow exponentially. [161] Bezos does not schedule early morning meetings and enforces a two-pizza rulea preference that meetings are small enough for two pizzas to feed everyone in the boardroom. He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? [95] In September 2011, one of the company's unmanned prototype vehicles crashed during a short-hop test flight. The letter demanded "Fair wages; fair benefits for retirement, family leave and health care; and a fair amount of job security. As CBS Sports reported back in 2019, Bezos spent some time getting close with several owners back then and he had "strong support within the league" to become an owner at that point. Shaw in 1994 and moved to Washington State to start Amazon as an Internet bookstore. [18] Jrgensen was a Danish American and was born in Chicago to a family of Baptists. [298][299][300] Later that year, in November, Bezos announced $791M of donations to established, well-known groups, with $100M each going to Environmental Defense Fund, Natural Resources Defense Council, The Nature Conservancy, World Resources Institute and World Wildlife Fund, and the remainder going to 11 other groups. "Bezos" redirects here. [86], In February 2021, Bezos announced that in the third quarter of 2021 he would step down from his role as CEO of Amazon to become the Executive Chairman of the Amazon Board. [245], In 1992, Bezos was working for D. E. Shaw in Manhattan when he met novelist MacKenzie Tuttle, who was a research associate at the firm; the couple married a year later. Even Jeff Bezos' brother Mark was completely taken off guard by the internet memes showing the man behind Amazon looking completely jacked. [203] His wealth's rapid growth from 2016 to 2017 sparked a variety of assessments about how much money Bezos earned on a controlled, reduced time scale. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. The hour glass appears to be running out on Snyder's ownership of the Commanders. Jeff Bezos [24] Jeff attended River Oaks Elementary School in Houston from fourth to sixth grade. On July 20, 2021, he launched on the NS-16 mission with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen. The league and its [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. 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. [36] His 1982 high school valedictorian senior graduation speech was followed up with a Miami Herald interview in which he expressed an interest to build and develop hotels, amusement parks, and colonies for human beings who were in orbit. The Washington Post reported back then that Bezos was interested in buying the Seahawks. [297], In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. Jeff Bezos [260] Jeff Bezos and MacKenzie Bezos have supported the legalization of same-sex marriage, and in 2012 contributed $2.5million to Washington United for Marriage, a group supporting a yes vote on Washington Referendum 74, which affirmed a same-sex marriage law enacted in the state. [50] Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America, in part because the name begins with the letter A, which is at the beginning of the alphabet. As Commanders owner Daniel Snyder continues to ponder selling the team, unless he isnt, the reports regarding the involvement of Amazon founder Jeff Bezos are covering all bases. [293][294], In January 2018, Bezos made a $33million donation to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors. Forensic analysis of Bezos's mobile phone conducted by advisory firm FTI Consulting, concluded it "highly probable" that the hack was achieved using a malicious file hidden in a video sent in a WhatsApp message to Bezos from the personal account of the crown prince on May 1, 2018. [155][156], Day 1: start upDay 2: stasisDay 3: irrelevanceDay 4: "excruciating, painful decline"Day 5: death, Bezos has stated "it is always Day 1" to describe his growth mindset. He transitioned into the banking industry when he became a product manager at Bankers Trust from 1988 to 1990. During the COVID-19 pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon. [142] Bezos has been characterized as a notoriously opportunistic CEO who operates with little concern for obstacles and externalities. [51] Bezos used the $54million raised during the company's 1997 equity offering to finance aggressive acquisition of smaller competitors. According to BBC, Bezos's top security staffer, Gavin de Becker,[279] "linked the hack to the Washington Post's coverage of the murder of Saudi writer Jamal Khashoggi at the Saudi consulate in Istanbul".