Jeff Bezos is an American internet entrepreneur, industrialist, media proprietor, and investor, today we look at his net worth and lifestyle.
JEFF BEZOS NET WORTH – $182,000,000,000
|NAME: Jeffrey Preston Bezos|
|BIRTHDAY: 12th January 1964|
|COUNTRY OF BIRTH: United States|
|SOURCE OF WEALTH: Amazon Business|
|PLACE OF RESIDENCE: Medina, Washington, USA|
Born in Albuquerque, New Mexico on January 12, 1964, Jeff Bezos attended River Oaks Elementary School in Houston from fourth to sixth grade.
Having deep interests in technological proficiency and Science, Bezos once rigged an electric alarm to keep his younger siblings out of his room.
He later moved to Florida with his family and attended Miami Palmetto High School while working at Mcdonalds in his spare time.
Attending the Student Science Training Program at the University of Florida, he was high school valedictorian, a National Merit Scholar, and a Silver Knight Award winner in 1982.
He graduated Princeton University in 1986 and While at Princeton, Bezos was a member of the Quadrangle Club, an eating club within the University
His first job placement was at Fitel, a telecommunications start-up, where he was tasked with building a network for international trade.
Jeff Bezos’s first real career opertunity came when he moved into the banking industry and became a product manager at Bankers Trust, one of the great original American Banking Institutions.
He founded a hedge fund based heavily on mathematical modeling at D. E. Shaw & Co and worked for the company until 2004 after becoming the company’s fourth senior vice-president at the age of 30.
Establishing an english bookstore in 1993, Jeff Bezos founded Amazon in his garage on July 5, 1994 after writing the business plan in his car.
He named the company after the Amazon River in South America and the company was part-funded by a $300,000 dollar investment from his parents.
The company went public three years after he founded it with an IPO raising $54 million dollars and by 1998 the company had diversified into selling music and videos.
He used the money to buy out most competition and in 2000 he borrowed $2 billion from banks in order to launch Amazon Web Services.
He closed several distribution centers in 2002 after the company almost went bankrupt and laid of 14% of the entire workforce.
By 2003 Bezos had turned a profit of $400 million and later secured a $600 million dollar contract with the Central Intelligence Agency, also launching Amazon Kindle the same year.
In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671 million, later selling another large amount for $756.7 million dollars.
Today the Company is worth over $1.7 trillion dollars and is the leading online buying and selling website outstripping both eBay and Etsy combined.
Bezos has founded several other companys including Blue Origin, a space exploration company and purchased The Washington Post newspaper for $250 million in cash.
He owns a venture capital business named Bezos Expeditions and was one of the first shareholders in Google, when he invested $250,000 in 1998, later turning a $3.3 billion dollar profit.
Bezos announced in January 2021 that he is stepping down from his role at Amazon to focus on his other businesses.
Jeff Bezos owns a number of properties around the USA and these include a large mansion which he has just purchased in California for $165 million dollars and is the most expensive buy in the states history.
The massive estate features a 13,600-square-foot mansion, two guesthouses, a large swimming pool, massive gardens and a tennis court.
His other home is located in Washington D.C. and the old Textile Museum in Kalorama was transformed into his home after he paid $23 million dollars for it in 2016.
The 27,000 square foot home sits in the ultra upscale Kalorama neighborhood and is home to many famous people including the Obama Family.
Bezos met novelist MacKenzie Tuttle while he was working for D.E. Shaw in 1992 and they married a year later in 1993, travelling to Seattle Washington where Bezos founded Amazon.
The now ex-couple have four children, three sons, and one daughter adopted from China.
Bezos and MacKenzie announced on Twitter their intent to divorce on January 9th 2019 and the divorce was finalized on April 4th, 2019 with the couple remaining great friends.
Bezos has recently been seen dating Emmy Award-winning American news anchor, entertainment reporter, media personality, actress, producer, pilot and entrepreneur. Lauren Sanchez with the couple pictured at Wimbledon Tennis Club.
Jeff Bezos is a powerhouse in the world of Business and celebrity, which gets him some powerful friends including billionaire Jack ma and former President Donald Trump.
He also knows many people at Amazon including company CFO Brian T. Olsavsky, Cheif Executive Officer Jeff Wilke and company CIO Mike Hunt.
Other big names in his friendship circle include David Geffen and record executive Scooter Braun while he also knows Tom Ford, Jennifer Lopez, Anna Wintour and Lizzo.
Bezos has been named Time person of the year and was named as one of America’s best leaders in 2008.
He was ranked the best-performing CEO in the world in 2014 and featured in Fortune’s list of 50 great leaders of the world for three straight years.
He enjoys hobbies such as submarine recovery and is a huge fan of the TV program Star Trek, once appearing in Star Trek Beyond Cameo.
He sleeps for a gauranteed eight hours every night and enjoys eating pizza, especially at the rare meetings he has to hold.
He enjoys eating octopus with potatoes, bacon, green garlic yogurt, and eggs for breakfast and has a fondness for food trucks.
He can always be found washing the dishes after a meal and can often be found in the gym keeping his figure in check.