Jeff Bezos is an American philanthropist, businessman and space explorer who has a net worth of $127 billion. Jeff Bezos earned his fortune as the founder of Amazon.com.
What is Jeff Bezos’ net worth?
With an estimated net worth of $127 billion, Jeff Bezos is currently at the top of the list of the richest people. This sum is based on current data from Forbes.
The world-famous Amazon, which is regarded as one of the biggest and most successful online marketplaces in the world, was founded by Jeff Bezos.
The topic of who is the world’s richest person has been discussed frequently recently, and Jeff Bezos’s net worth has been changing significantly lately. Jeff, however, recently deposed Bill Gates as the richest man in the world.
Jeff Bezos – Key Facts
- In 1994, Jeff Bezos established Amazon as an online bookshop.
- In 1997, he went public with Amazon at a price of $18 per share. After that, the value of Amazon’s shares rose to roughly 40 times what it had been.
- In 1998, he was included on the Forbes 400 list for the first time.
- In 1999, Time named him its Person of the Year.
- In 2000, he established the aerospace business Blue Origin.
- In 2010, he established Amazon Studios, which releases motion pictures and television shows via Amazon Prime Video and in cinemas.
- 2013 saw the $250 million purchase of The Washington Post by Jeff Bezos.
- In 2018, when he exceeded Bill Gates in wealth, he overtook Gates as the richest person in the world.
- Bezos left his position as CEO of Amazon in 2021.
Jeff Bezos – Early Life
In Albuquerque, New Mexico, on January 12th, 1964, Jeffrey Preston Bezos was born. At the time of his birth, his father, Ted Jorgensen, was an 18-year-old bike store owner, and his mother, Jacklyn Gise Jorgensen, was just 17 years old. Ted and Jacklyn’s union didn’t survive long, and when Jeff was four years old, Jacklyn wed Miguel Bezos. Jeff was adopted by Miguel, who gave him the last name Bezos.
The U.S. Atomic Energy Commission’s regional director who moved early to the ranch was his grandfather. As a young man, Jeff worked there for several summers.
Bezos frequently shown his interest in science and aptitude for technology; once, he made an electric alarm to keep his younger siblings out of his room.
Jeff attended Miami Palmetto High School and participated in the University of Florida’s Student Scientist Training Program, winning the Silver Knight Award.
Jeff Bezos attended Princeton University after high school and earned degrees in electrical engineering and computer science in 1986.
Jeff Bezos – Career
After earning his degree in computer science from Princeton University in 1986, Jeff started working on Wall Street. He subsequently created a network for international trading for a business called Fitel.
Afterwards, he worked with Bankers Trust and D. E. Shaw & Co., where he focused on internet-enabled business opportunities.
He established Amazon.com in 1994, which first functioned as an online used bookstore. The website’s popularity and the inventory both swiftly increased, and in 1998, Jeff was included in the Forbes 400 list.
To think it all began in Bezos’ house with him selling used books, Amazon has grown to become the largest online retailer in the world, employing over 800,000.
Bezos overtook Bill Gates as the richest person in the world in 2018, overtaking him.
His wealth at the time was $150 billion, although this was before he separated from MacKenzie Bezos, his wife. As a result of the divorce, she acquired around $35 billion in Amazon shares, making her one of the richest women in the world.
It was recorded as the priciest divorce in history.
Jeff Bezos, the CEO of Amazon, is estimated to be worth $127 billion as of 2023.
Highlights
Here are some of the highlights of Jeff Bezos’ career:
- Founded Amazon (1994)
- Makes the Forbes 400 List (1998)
- Founds Blue Origin (2000)
- Dot Com bubble bursts (2001)
- Launches Amazon Web Services (2006)
- Launches Amazon Studios (2010)
- Buys the Washington Post for $250 million (2013)
- Overtakes Warren Buffett as 2nd richest (2016)
- Becomes Richest Man in the World (2018)
