Amazon’s Boss Jeff Bezos Net Worth 2022 – Still the Richest Man in the World

Even when he was a child, Jeff was obsessed with the technical side and always experimented in a family that he changed into a laboratory. When he was a teenager, his family moved to Miami, where he went to high school. While there, Bezos started his first business, Dream Institute. It is a summer camp for fourth, fifth and sixth grade students.
After high school, Bezos registered at Princeton University, where he studied computer science and electrical engineering. He graduated in 1986 Summa Cum Laude. He immediately found a job on Wall Street, where he worked for several companies, including Fitle, Bankers Trust and D.E. Investment Companies. Shaw.

When working at D.E. Shaw, he met his future wife, Mackenzie Tuttle. Jeff became the youngest vice president in the company’s history in 1990. They were married in 1993. They had four children together – three sons and a daughter adopted from China.

In 1994, Bezos made steps that would change his life. He quit his job and moved to Seattle, decided to try his luck in the e-commerce world that appeared. The idea is to open an online bookstore. He arranged the operation in the garage and employed several employees to help him make software for new companies. 300 friends are beta examiners and are satisfied with the results, July 16, 1995, Bezos started Amazon.com

In the first 30 days, Amazon sold books not only throughout the United States but in 45 countries around the world. Within 60 days, sales reached $ 20,000 per week, developing much faster than bezos anticipated. In 1997, the Go Public company, in the midst of fears of how it would overcome competition when traditional book sellers started their internet stores.

In 1998, Bezos diversified Amazon, starting to sell CDs and videos. Then come clothes, toys and electronics. He survived dot com Bubble Burst, and in 2011, annual sales reached $ 17 billion, from $ 510,000 in 1995. Amazon is a global e-commerce leader who does not need to be questioned.

Being determined to continue to find his company again, Bezos launched Kindle in 2007. In the same year, Bezos invested largely in Blue Origin, a company that developed technology to offer space trips to pay customers from Seattle.

In 2013, Bezos announced that he had acquired The Washington Post for $ 250 million.

In a letter to his new employee, Bezos said: “Postal values ​​do not need to change. … Of course, there will be changes in the post for the next few years. That is important and will occur with or without new ownership. The internet changes almost every business element of the news: shortening the news cycle, eroding old revenue sources can be relied upon, and enable new types of competitions, some of which only have little or no news collection fees. There is no map, and mapping the path in front will not be easy. We need to create, which means we need to experiment. Our test stones will be readers, understand what they care about – the government, local leaders, restaurant opening, scouts, business, charity, governors, sports – and work back there. I am happy and optimistic about opportunities for discovery “.

Jeff Bezos became the richest person on the planet in July 2017, but for a short period, because Bill Gates took over from him quickly. Jeff Bezos’ net worth is estimated at $ 150 billion in July 2018, allowing him to win the first place among the richest people in the world.

Jeff Bezos’ net worth is $ 131 billion, it is still enough to become the richest person on this planet, even after his divorce in 2019. Divorce came after National Enquirer published a story about the affair by Jeff Bezos with television host Laurenn Sanchez. The separation did not reduce his wealth much because his wife agreed to let him keep all the shares in the Washington Post, Origin Blue and voting rights and 75% of their ordinary shares in Amazon.