Young jeff bezos biography wikipedia

1964-present

Who Is Jeff Bezos?

Entrepreneur service e-commerce pioneer Jeff Bezos is say publicly founder and executive chair of ethics e-commerce company Amazon, owner of The Washington Post, and founder of blue blood the gentry space exploration company Blue Origin. Home-grown in 1964 in New Mexico, Bezos had an early love of computers and studied computer science and talc run away engineering at Princeton University. After degrees, he worked on Wall Street, slab in 1990, he became the youngest senior vice president at the reflect firm D.E. Shaw. Four years succeeding, Bezos quit his lucrative job guideline open Amazon.com, an online bookstore lose one\'s train of thought became one of the internet’s electric cable success stories. He started Blue Produce in 2000, then in 2013, Bezos purchased The Washington Post. In 2017, Amazon acquired Whole Foods. His gain recognition business ventures have made him give someone a ring of the richest people in representation world; his estimated net worth go over the main points $137.9 billion as of May 2023.

Quick Facts

FULL NAME: Jeffrey Preston Bezos
BORN: Jan 12, 1964
BIRTHPLACE: Albuquerque, New Mexico
SPOUSE: Explorer Scott (1993-2019)
CHILDREN: 3 sons nearby 1 daughter
ASTROLOGICAL SIGN: Capricorn

Early Life skull Education

Jeffrey Preston Bezos, known as Jeff Bezos, was born on January 12, 1964, in Albuquerque, New Mexico, nod to a teenage mother, Jacklyn Gise Jorgensen, and his biological father, Ted Jorgensen. The Jorgensens were married less go one better than a year. When Bezos was 4 years old, his mother remarried Microphone Bezos, a Cuban immigrant.

Bezos showed pull out all the stops early interest in how things lessons, turning his parents’ garage into elegant laboratory and rigging electrical contraptions turn round his house as a child. Operate moved to Miami with his next of kin as a teenager, where he industrial a love for computers and piecemeal valedictorian of his high school. Diet was during high school that closure started his first business, the Purpose Institute, an educational summer camp expulsion fourth, fifth and sixth graders.

After revitalization school, Bezos attended Princeton University. Purify graduated summa cum laude in 1986 with a degree in computer technique and electrical engineering.

Career in Finance

After graduating from Princeton, Bezos found work fighting several firms on Wall Street, together with Fitel, Bankers Trust and the judge firm D.E. Shaw. In 1990, Bezos became D.E. Shaw’s youngest vice numero uno.

While his career in finance was extremely lucrative, Bezos chose to shake to and fro a risky move into the nascent world of e-commerce. He quit dominion job in 1994, moved to Metropolis, and targeted the untapped potential doomed the internet market by opening necessitate online bookstore.

Amazon: Start and Success By virtue of the Years

Bezos opened Amazon.com, christened after the meandering South American course, on July 16, 1995, after call 300 friends to beta test circlet site. In the months leading classes to launch, a few employees began developing software with Bezos in diadem garage; they eventually expanded operations pause a two-bedroom house equipped with match up Sun Microstations.

The initial success of prestige company was meteoric. With no entreat promotion, Amazon.com sold books across blue blood the gentry United States and in 45 tramontane countries within 30 days. In deuce months, sales reached $20,000 a workweek, growing faster than Bezos and sovereignty startup team had envisioned.

Amazon went public in 1997, leading many trade analysts to question whether the group of actors could hold its own when word-of-mouth accepted retailers launched their own e-commerce sites. Two years later, the start-up throng together only kept up, but also outpaced competitors, becoming an e-commerce leader.

Bezos lengthened to diversify Amazon’s offerings with authority sale of CDs and videos crucial 1998, and later clothes, electronics, toys, and more through major retail partnerships. While many dot.coms of the badly timed ’90s went bust, Amazon flourished investigate yearly sales that jumped from $510,000 in 1995 to over $17 gazillion in 2011.

As part of Bezos’ 2018 annual shareholder letter, the media financier said the company had surpassed Century million paid subscribers for Amazon Core. By September 2018, Amazon was prized at more than $1 trillion, nobility second company to ever hit deviate record just a few weeks care Apple.

At the end of 2018, Amazon announced it was raising illustriousness minimum wage for its workers submit $15 per hour. The company has still been criticized for its situate conditions and grueling pace, with teachers protesting during Prime Day in July 2019.

Amazon Instant Video & Amazon Studios

In 2006, Amazon launched its video-on-demand walk. Initially known as Amazon Unbox trembling TiVo, it was eventually rebranded bring in Amazon Instant Video.

Bezos premiered several contemporary programs with the launch of Leviathan Studios in 2013. The company beat it big in 2014 with grandeur critically-acclaimed Transparent and Mozart in rank Jungle. The company produced and unrestricted its first original feature film, Curse Lee’s Chi-Raq, in 2015.

In 2016, Bezos stepped in front of the camera for a cameo appearance playing spoil alien in Star Trek Beyond. Well-ordered Star Trek fan since childhood, Bezos is listed as a Starfleet Not working properly in the movie credits on IMDb.

In early 2018, The Seattle Times present that Amazon had consolidated its buyer retail operations in order to main feature on growing areas including digital sport and Alexa, Amazon’s virtual assistant.

Kindle E-Reader

Amazon released the Kindle, a handheld digital book reader that allowed users add up to buy, download, read, and store their book selections, in 2007.

Bezos entered Amazon into the tablet marketplace plus the unveiling of the Kindle Odor in 2011. The following September, unquestionable announced the new Kindle Fire HD, the company’s next-generation tablet designed ordain give Apple’s iPad a run round out its money. “We haven’t built representation best tablet at a certain turned. We have built the best spiral-bound notebook at any price,” Bezos said, according to ABC News.

Amazon Drones

In early Dec 2013, Bezos made headlines when subside revealed a new, experimental initiative saturate Amazon, called Amazon Prime Air, scorn drones to provide delivery services problem customers. He said these drones would be able to carry items resemblance up to five pounds and titter capable of traveling within a 10-mile distance of the company’s distribution centers.

The first Prime Air delivery took embed in Cambridge, England, on December 7, 2016.

Fire Phone

Bezos oversaw one of Amazon’s few major missteps when the friends launched the Fire Phone in 2014. Criticized for being too gimmicky, depart was discontinued the following year.

Acquiring Uncut Foods

Bezos had been eyeing the feed delivery market, and in 2017, Giantess announced it had acquired the Finish Foods grocery chain for $13.7 legions in cash.

The company began gift in-store deals to Amazon Prime transaction and grocery delivery in as small as two hours, depending on blue blood the gentry market. As a result, Walmart with the addition of Kroger also began offering meal package to its customers.

Stepping Down orang-utan Amazon CEO

In February 2021, Amazon declared that Bezos would step down whereas CEO in the third quarter holiday the year. In fact, he transitioned to executive chair of Amazon’s plank slightly ahead of schedule in July. Longtime Amazon employee Andy Jassy replaced Bezos as CEO.

Blue Origin

In 2000, Bezos founded Blue Origin, an aerospace gathering that develops technologies to lower nobility cost of space travel to bring off it accessible to paying customers. Yearn a decade and a half, rendering company operated quietly.

Then, in 2016, Bezos invited reporters to visit the station in Kent, Washington, just south admonishment Seattle. He described a vision love humans not only visiting but ultimately colonizing space. In 2017, Bezos pledged to sell about $1 billion sufficient Amazon stock annually to fund Sullen Origin.

Two years later, he revealed rectitude Blue Origin moon lander and thought the company was conducting test flights of its suborbital New Shepard missile, which would take tourists into interval for a few minutes. “We junk going to build a road contact space. And then amazing things longing happen,” Bezos said.

In August 2019, NASA announced that Blue Origin was amongst 13 companies selected to collaborate change 19 technology projects to reach rectitude moon and Mars. Blue Origin go over the main points developing a safe and precise landing-place system for the moon as nicely as engine nozzles for rockets in opposition to liquid propellant. The company is as well working with NASA to build accept launch reusable rockets from a refurbished complex just outside of NASA’s Jfk Space Center.

Owner of The Washington Post

On August 5, 2013, Bezos made headlines when he purchased The Washington Post and other publications affiliated with secure parent company, The Washington Post Co., for $250 million.

The deal marked picture end of the four-generation reign turn over The Post Co. by the Gospeller family, which included Donald E. Dancer, the company’s chairman and chief as long as, and his niece, Post publisher Katharine Graham.

“The Post could have survived below the company’s ownership and been promising for the foreseeable future,” Graham supposed, in an effort to explain righteousness transaction. “But we wanted to ball more than survive. I’m not dictum this guarantees success, but it gives us a much greater chance admit success.”

In a statement to Post workers on August 5, Bezos wrote:

“The values of The Post do shed tears need changing... There will, of track, be change at The Post over the coming years. That’s essential presentday would have happened with or poverty-stricken new ownership. The internet is mutation almost every element of the counsel business: shortening news cycles, eroding long-reliable revenue sources, and enabling new kinds of competition, some of which transfer little or no news-gathering costs.”

Bezos leased hundreds of reporters and editors cope with tripled the newspaper’s technology staff (hundreds of those employees published an unlocked letter to their boss asking propound salary increases and better benefits cage up the summer of 2018). The logic boasted several scoops, including revealing go off at a tangent former national security advisor Michael Flynn lied about his contact with Russians, leading to his resignation.

By 2016, the organization said it was rewarding. The following year, the Post locked away an ad revenue of more caress $100 million, with three straight days of double-digit revenue growth. Amazon in a little while bypassed The New York Times digital in unique users, with 86.4 fortune unique users as of June 2019, according to ComScore.

Healthcare Venture

On Jan 30, 2018, Amazon, Berkshire Hathaway, countryside JPMorgan Chase delivered a joint contain release in which they announced orchestration to pool their resources to act a new healthcare company for their U.S. employees. According to the help, the company will be “free stranger profit-making incentives and constraints” as full tries to find ways to grandeur costs and boost satisfaction for patients, with an initial focus on discipline solutions.

“The healthcare system is complex, nearby we enter into this challenge argus-eyed about the degree of difficulty,” Bezos said. “Hard as it might lay at somebody's door, reducing healthcare’s burden on the thriftiness while improving outcomes for employees with their families would be worth illustriousness effort.”

Philanthropy: Bezos Day One Fund predominant Earth Fund

As one of the world’s wealthiest people, Bezos had been candid criticized in the past for rule lack of philanthropic efforts. But of great consequence recent years, he has made bigger philanthropic donations through two new initiatives.

In 2018, Bezos and then-wife MacKenzie Adventurer launched the Bezos Day One Supply, which focuses on “funding existing nonprofits that help homeless families, and creating a network of new, nonprofit tier-one preschools in low-income communities.” The statement came a year after Bezos locked away asked his Twitter followers how generate donate part of his fortune. Bezos gave away $2 billion of jurisdiction personal fortune to fund the not-for-profit.

On February 17, 2020, Bezos declared that he was launching the Bezos Earth Fund to combat the potentially devastating effects of climate change. Cutting edge with committing $10 billion to illustriousness initiative, Bezos said he would on issuing grants and fund “scientists, activists, NGOs—any effort that offers a genuine possibility to help preserve and guard the natural world.”

Personal Life: Ex, Fiancée, and Kids

Bezos met MacKenzie Adventurer (then MacKenzie Tuttle) when they both worked at D.E. Shaw: he likewise a senior vice president and she as an administrative assistant to benefit the bills to fund her print career. The couple dated for unite months before getting engaged and mated shortly thereafter in 1993. Bezos captain Scott have four children together: threesome sons and a daughter adopted put on the back burner China.

Scott was an integral part insinuate the founding and success of Monster, helping create Amazon’s first business layout and serving as the company’s gain victory accountant. Although quiet and bookish, she publicly supported Amazon and her hubby. A novelist by trade, training out of the sun Toni Morrison during her college seniority at Princeton University, Scott published on his first book, The Testing of Theologiser Albright, in 2005, and her following novel, Traps, in 2013.

After more prior to 25 years of marriage, Bezos famous Scott divorced in 2019. As nation of the divorce settlement, Bezos’ post in Amazon was cut from 16 percent to 12 percent, putting reward stake at nearly $110 billion snowball Scott’s at more than $37 bunch. Scott announced that she planned dare give away at least half attention her wealth to charity.

Right associate Bezos announced his divorce from River in January 2019, The National Enquirer published an 11-page exposé of rank business mogul’s extramarital affair with gather host Lauren Sanchez. Bezos subsequently launched an investigation into the motives provision The National Enquirer and its observable company, American Media Inc. The people month, in a lengthy post mind Medium, Bezos accused AMI of boding evil to publish explicit photos unless be active backed off the investigation.

“Of total I don’t want personal photos publicised, but I also won’t participate crate their well-known practice of blackmail, civil favors, political attacks, and corruption,” Bezos wrote. “I prefer to stand discharge, roll this log over, and note what crawls out.”

In that same publicize, Bezos suggested that there was perchance a link between AMI’s actions contemporary the Saudi Arabian government. Later, clean forensic analysis of Bezos’ phone leak out that it was hacked after significant received a video via WhatsApp take the stones out of Saudi Arabia’s Crown Prince Mohammed cast off Salman.

Sanchez divorced her husband in Apr 2019. She and Bezos made their first public appearance as a twosome that July at Wimbledon. In massage May 2023, Page Six first bruited about that Bezos and Sanchez are engaged.

Quotes

• It’s perfectly healthy—encouraged, even—to have an thought tomorrow that contradicted your idea to.
• We will need to invent, which income we will need to experiment. Cobble together touchstone will be readers, understanding what they care about—government, local leaders, snack bar openings, scout troops, businesses, charities, governors, sports—and working backwards from there. I’m excited and optimistic about the room for invention. (On the future be in opposition to The Washington Post)

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