Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and computer engineer. He is well known as the founder and executive chairman of Amazon. There he has served as the chairman, president, and CEO. Amazon was founded in 1994. Basically, he started it as a book store. Later, it evolved as the world’s largest shopping website. It forced many of the big retailers to change their methods of conducting business. However, after 2019 his fortune might have dropped a little. Owing to his divorce from his wife. After this, his position as the world’s richest man has also differed.
In today’s article, we are going to provide you with the biography of Jeffrey Preston Bezos. He is better known as Jeff Bezos. Moreover, in this article, you can find his net worth, lifestyle, family member’s name, and some famous quotes, etc.
Jeff Bezos Net Worth 2022
First of all, let us know that Jeff Bezos was born in Albuquerque, New Mexico on the 12th of January in 1964. However, he was born to Ted Jorgensen as his biological father. But, later his mother Jacklyn Gise Jorgensen divorced him. It was only after 1 year of their marriage that they separated. Then, she got married to Mike Bezos, a Cuban immigrant. Thus, Mr. Bezos got his surname. Adding to this, at the time of his mother’s remarriage, he was only 4 years old.
He completed his from Princeton University in 1986. His major subjects were computer science and electrical engineering. Moreover, he had a distinctive interest in electronic devices. As a child, he converted their garage into a laboratory. There he used to conduct several experiments. Along with this, he set up many electrical gadgets in their house as well.
After this, the family moved to Miami. At that time he was in his teenage years. There he developed his passion for computers. Thus, he did his graduation as valedictorian of his high school. His first-ever business was a summer camp for elementary kids in Dream institute.
Jeff Bezos – Net Worth
According to Forbes in 2022, the net worth of Jeff Bezos is $193 billion. Consequently, this makes him the world’s richest man. Moreover, he is the owner of an aerospace business named Blue origin. He is also the owner of The Washington Post. As revealed by an economic giant, he earned around $81,840 in the year 2017. But his salary is not a concern anyways. As he owns 80 million shares in it.
Jeff Bezos – Biography
|Net Worth||$193 Billion|
|Jeff Bezos net worth in rupees||1,93,00,00,00,000 INR|
|Height||5 feet 8 inches|
|Date of Birth||12 January 1964|
|Education||Princeton University in 1986|
|Place of Birth||Albuquerque, New Mexico|
|Mother||Jacklyn Gise Jorgensen|
Jeff Bezos – Property
Amazon’s CEO Mr. Jeff Bezos is the owner of many houses and properties. He purchased the former Textile Museum in D.C. for $23 million in 2018. The plan was to turn it into a residence. Moreover, he owns a property in Puerto Rico as well. This one has 11 bedrooms, 25 bathrooms, and five living rooms. Then, there is another Beverly Hills estate worth $24.45 million. Apart from these, he has four Manhattan apartments worth $12.95 million, and a home in New York.
Talking about his cars. One would definitely expect him to own one of the most luxurious cars in the world. But the reality is totally opposite. He has this low-end Honda accord. Not just this, he drives his car on his own. His favorite model is the Honda model 1996 that is worth $2,000. However, he owns many other luxurious cars and a private jet as well. This jet is worth $75 million.
Jeff Bezos – Family
In 1993, Jeff Bezos married MacKenzie Bezos. They met in 1992 and within three months they got engaged. She used to work with him at DE Shaw before. Then, she was the one who handled their first freight contract. This was the time when Bezos was about to launch the Amazon. Thus, they worked together and build their family. Presently, they have four kids including three sons and a daughter. However, Jeff and his wife have three sons together. But, they adopted one girl child from China. Alongside, the family has spent billions of dollars on charitable activities.
In 2019 Jeff Bezos and his wife MacKenzie Bezos announced their divorce. It was on the 9th of January in the year 2019. They made this announcement through Twitter. This news left the world shocked. It was a 25-year long journey that they covered together. But, according to their own statement, they were thinking to continue as business partners.
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Jeff Bezos – Famous Quotes
“I believe you have to be willing to be misunderstood if you’re going to innovate.”
“If you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.”
Jeff Bezos Net Worth– As the CEO of Amazon
Jeff Bezos launched the Amazon website in the year 1995 on the 16th of July. He took this decision finally after beta testing with 300 friends. They developed this computer software initially in the Bezos’ garage. Later, they expanded it to a two-bedroom house with three sun micro stations. This all happened a few months before the official launch.
The company went ahead with rapid success after this meteoric start. The company was selling books across the United States. Later, they expanded more to 45 foreign countries within one month of their launch. This too, without any type of press promotion. Consequently, within two months they reached a weekly sale of $20,000. This was exponential growth for a start-up.
Moreover, they faced a lot of competition in the years ahead. Many traditional retailers launched their websites as well. Several market analysts questioned if Amazon would lose its position in such competition. But, they successfully kept with their competitors and actually left them behind. Amazon went public in 1997. Then, two years later the company became a leader in e-commerce. After this, in 1998 they expanded the business and started selling more products. These include CDs, videos, clothing, electronics, toys, and so on. Their business went up continuously. In 1995 their total earnings were $510,000. While in 2011 it grew all the way up to $17 billion.
Amazon prime was another platform launched by Jeff Bezos. It is one of the most accessed OTT platforms in the world. Moreover, it has surpassed 100 million paying subscribers. The company reached a valuation of $1 trillion in September 2018. This gave this company the second position in the world to reach this point. The minimum wage for Amazon employees was also increased in 2018. On 31st December 2018, it was increased to $15 per hour.