Jeff Bezos: Biography, Education, Net Worth 2020

About Jeff Bezos


Jeff Bezos full name is Jeffrey Preston Bezos born January 12, 1964 is an American internet entrepreneur, industrialist, media proprietor, and investor. He is best known as the founder, CEO, and president of the multi-national technology company Amazon.

Jeff Bezos

The first centi-billionaire on the Forbes wealth index, Bezos has been the world's richest person since 2017 and was named the "richest man in modern history" after his net worth increased to $150 billion in July 2018.

In September 2018, Forbes described him as "far richer than anyone else on the planet" as he added $1.8 billion to his net worth when Amazon became the second company in history to reach a market cap of $1 trillion.

 

Key Description of Jeff Bezos:


Born: Jeffrey Preston Jorgensen, January 12, 1964 (age 56) Albuquerque, New Mexico, U.S.

Education: Princeton University (BS)

Occupation: Businessman, Media proprietor, Investor, Computer engineer

Years Active: 1986–present, wKnown for Founder of Amazon and Blue Origin

Net worth: US$151.6 billion (May 2020)
Title CEO and President of Amazon

Spouse(s): MacKenzie Tuttle (m. 1993; div. 2019)

Children: 4

Social Network: Instagram, Twitter

 

Business Career of Jeff Bezos:


Early career: After Bezos graduated from Princeton University in 1986, he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. He first worked at Fitel, a fintech telecommunications start-up, where he was tasked with building a network for international trade. Bezos was promoted to head of development and director of customer service thereafter. He transitioned into the banking industry when he became a product manager at Bankers Trust. He worked there from 1988 to 1990. He then joined D. E. Shaw & Co, a newly-founded hedge fund with a strong emphasis on mathematical modelling in 1990 and worked there until 1994. Bezos became D. E. Shaw's fourth senior vice-president at the age of 30.

Amazon: In late 1993, Bezos decided to establish an online bookstore. He left his job at D. E. Shaw and founded Amazon in his garage on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America.

Blue Origin: In September 2000, Bezos founded Blue Origin, a human spaceflight startup company. Bezos has long expressed an interest in space travel and the development of human life in the solar system. He was the valedictorian when he graduated from high school in 1982. His 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 18-year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion.

 

Recognition:


  • In 1999, Bezos received his first major award when Time named him Person of the Year.
  • In 2008, he was selected by U.S. News & World Report as one of America's best leaders.
  • Bezos was awarded an honorary doctorate in science and technology from Carnegie Mellon University in 2008.
  • In 2011, The Economist gave Bezos and Gregg Zehr an Innovation Award for the Amazon Kindle.
  • In 2012, Bezos was named Businessperson of the Year by Fortune.
  • He is also a member of the Bilderberg Group and attended the 2011 Bilderberg conference in St. Moritz, Switzerland, and the 2013 conference in Watford, Hertfordshire, England.
  • He was a member of the Executive Committee of The Business Council for 2011 and 2012.
  • In 2014, he was ranked the best-performing CEO in the world by Harvard Business Review.
  • He has also figured in Fortune's list of 50 great leaders of the world for three straight years, topping the list in 2015.
  • In September 2016, Bezos received a $250,000 prize for winning the Heinlein Prize for Advances in Space Commercialization, which he donated to the Students for the Exploration and Development of Space.
  • In February 2018, Bezos was elected to the National Academy of Engineering for "leadership and innovation in space exploration, autonomous systems, and building a commercial pathway for human space flight".
  • In March 2018, at the Explorers Club annual dinner, he was awarded the Buzz Aldrin Space Exploration Award in recognition of his work with Blue Origin.
  • He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. Time magazine named him one of the 100 most influential people in the world in their 2018 listing.

 

 

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