Jeff Bezos Net worth, House, Biography, Family, Quotes will be discussed here. He founded Amazon.com, and he is the CEO and president. Amazon.com was created as a bookstore in 1994 and left a direct impact on the world of shopping. It quickly scaled to become the world’s largest online retailer, forcing the biggest retailers in the world to redesign the way they conduct business. Jeff Bezos announced that he and his wife are headed for divorce at the start of 2019, meaning that his fortune may drop significantly, which may, in turn, affect his position as the world’s richest man.
Jeff Bezos Early Life
Ted Jorgensen, Ted’s biological father, and his teenage mother, Jacklyn Gise Jorgensen, gave birth to Bezos on January 12, 1964, in Albuquerque, New Mexico. After only a year of marriage, the Jorgensens divorced. Bezos’ mother remarried Mike Bezos, a Cuban immigrant, most significant when four years old.
He earned a degree in computer science and electrical engineering from Princeton University in 1986. As a child, he turned his parents’ garage into an experimental laboratory and set up electrical gadgets in his house, showing an early interest in how things work.
During his teenage years, he moved to Miami with his family, where he developed a passion for computers and graduated as valedictorian of his high school. A summer camp for elementary-aged children, the Dream Institute, was his first business while he was in high school.
Jeff Bezos Net Worth
In 2021, Forbes estimated Jeff Bezos’ net worth at $193 billion as the richest man globally. Aside from his investments, he is still the owner of The Washington Post and his aerospace business, Blue Origin. The e-commerce giant revealed that he earned $81,840 in 2017. But with 80 million shares owned by him, his salary won’t be a concern.
| Net Worth | $193 Billion |
| Salary | Not Known |
| Profession | Entrepreneur |
| Height | 5 feet 8 inches |
| Date of Birth | 12 January 1964 |
Jeff Bezos Houses
Among Jeff Bezos’ assets are his houses. The former Textile Museum in D.C. was purchased by him for $23 million in 2018, with plans to turn it into a residence. In addition to this property in Puerto Rico, which has 11 bedrooms, 25 bathrooms, and five living rooms, he also owns a Beverly Hills estate for $24.45 million, four Manhattan apartments worth $12.95 million, and a home in New York.
You might have expected him to own one of the biggest cars in the world for a person with his status. Surprisingly, this is not the case. Owner of a low-end Honda accord, he prefers to drive the car himself. The 1996 Honda valued at $2,000 is still his favorite car, but he also has many good cars in his garage and a $75 million private jet.
Jeff Bezos Family
Jeff Bezos married MacKenzie Bezos in 1993, who had worked with him at DE Shaw before. It was MacKenzie who negotiated the company’s first freight contract when Jeff was about to launch Amazon. As they worked together on their business, they also built their family, which was completed with three sons and a daughter.
Jeff and MacKenzie Bezos shocked the world on January 9 when they announced their separation on Twitter. They had been married for 25 years and had built a successful company together.
Within three months of the couple’s first meeting in 1992, they got engaged. Although Jeff and his wife have three sons together, they also adopted a girl from China. In addition to their philanthropic activities, the family has sunk billions of dollars into charitable activities.
Jeff Bezos Quotes
- “I believe you have to be willing to be misunderstood if you’re going to innovate. “
- “f you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.”
- “f you’re competitor-focused, you have to wait until there is a competitor doing something. Being customer-focused allows you to be more pioneering.”
- “f 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 – CEO of Amazon
After asking 300 friends to beta test his site, Bezos launched Amazon.com on July 16, 1995. The company’s software was initially developed on computers in Bezos’ garage; it expanded to a two-bedroom house with three Sun Micro stations in the months before launch.
A meteoric start to the company led to its initial success. Amazon.com sold books across the United States and in 45 foreign countries within 30 days without press promotion. In just two months, Bezos and his startup team reached a weekly sale of $20,000, a rapid increase.
Several market analysts questioned whether Amazon.com would hold its own when traditional retailers launched their online shopping sites after Amazon.com went public in 1997. By two years later, the company was a leader in e-commerce and kept up with its competitors and even outpaced them.
Bezos expanded Amazon’s offerings by selling CDs and videos in 1998, clothing, electronics, toys, and more.
Amazon grew from $510,000 in 1995 to over $17 billion in 2011, whereas many dot.coms failed in the early 1990s.
Amazon Prime has surpassed 100 million paying subscribers, Bezos said in the company’s annual shareholder letter. Amazon reached a valuation of $1 trillion in September 2018, becoming just the second company ever to accomplish that.
The minimum wage for Amazon employees has been raised to $15 per hour as of December 31, 2018.