Jeff bezos daughter name
Jeff Bezos
American businessman (born )
"Bezos" redirects here. For other people with the surname, see Bezos (surname).
Jeffrey Preston Bezos (BAY-zohss;[2]né&#;Jorgensen; born January 12, ) is an American businessman best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company.
He is the second wealthiest person in the world, with a net worth of US$ billion as of December 17, , according to Forbes and Bloomberg Billionaires Index.[3] He was the wealthiest person from to , according to both the Bloomberg Billionaires Index and Forbes.[4][5]
Bezos was born in Albuquerque and raised in Houston and Miami.
He graduated from Princeton University in with degrees in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from to early Bezos founded Amazon in mid on a road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence.
It is the world's largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch.
Autobiography of jeff bezos children list You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. Those years were just too busy. In February Bezos announced he would be stepping down as Amazon's CEO, having amassed further wealth during the pandemic. When Bezos and Scott ended their year marriage in January , it was clear from the beginning that their main priority was co-parenting their kids successfully and amicably.Bezos founded the aerospace manufacturer and sub-orbital spaceflight services company Blue Origin in Blue Origin's New Shepard vehicle reached space in and afterwards successfully landed back on Earth; he flew into space on Blue Origin NS in He purchased the major American newspaper The Washington Post in for $&#;million and manages many other investments through his venture capital firm, Bezos Expeditions.
In September , Bezos co-founded Altos Labs with founder Yuri Milner.[6]
The first centibillionaire on the Forbes Real Time Billionaires Index and the second ever to have eclipsed the feat since Bill Gates in , Bezos was named the "richest man in modern history" after his net worth increased to $&#;billion in July [7] In August , according to Forbes, he had a net worth exceeding $&#;billion.
On July 5, , Bezos stepped down as the CEO and president of Amazon and took over the role of executive chairman. Amazon Web Services CEO Andy Jassy succeeded Bezos as the CEO and president of Amazon.
Autobiography of jeff bezos children The executive chairman has shared few details about his family life, though he and Scott did make a rare public appearance with their children at the premiere of Star Trek Beyond in July Use limited data to select advertising. Use profiles to select personalised advertising. By Emy LaCroix.Early life and education
Jeffrey Preston Jorgensen was born on January 12, , in Albuquerque, New Mexico,[8] as the son of Jacklyn (née Gise) and Ted Jorgensen.[9] At the time of Jeff's birth, his mother was a year-old high-school student and his father was [10] Ted was a Danish American unicyclist[11] born in Chicago to a family of Baptists.[12] After completing high school despite challenging conditions, Jacklyn attended night school, bringing her baby with her.[13] Jeff attended a Montessori school in Albuquerque when he was 2.[14]
Ted struggled with alcohol and with his finances.[15] Jacklyn left her husband to live with her parents, filing for divorce in June when Jeff was months-old.[16] After his parents divorced, his mother married Cuban immigrantMiguel "Mike" Bezos in April [17] Shortly after the wedding, Mike adopted 4-year-old Jeff, whose surname was then legally changed from Jorgensen to Bezos.[18] Jacklyn, her husband, and her son left the area and asked Ted to discontinue contact, to which he agreed.[19]
After Mike received his degree from the University of New Mexico, the family moved to Houston, Texas, so that he could begin working as an engineer for Exxon.[20] Jeff attended River Oaks Elementary School in Houston from fourth to sixth grade.[21] Jeff's maternal grandfather was Lawrence Preston Gise, a regional director of the U.S.
Atomic Energy Commission (AEC) in Albuquerque.[22]
Lawrence retired early to his family's ranch near Cotulla, Texas, where his grandson would spend many summers in his youth[23] and which he would later purchase and expand from 25, acres (10,&#;ha) to , acres (,&#;ha).[24][25] Jeff displayed scientific interests and technological proficiency and once rigged an electric alarm to keep his younger half-siblings out of his room.[26][27] The family moved to Miami, Florida, where Jeff attended Miami Palmetto High School.[28][29] In high school, he worked at McDonald's as a short-order line cook during the breakfast shift.[30]
Bezos attended the Student Science Training Program at the University of Florida.
He was high school valedictorian, a National Merit Scholar,[31][32] and a Silver Knight Award winner in [31] In his graduation speech, Bezos told the audience that he dreamed of the day when mankind would colonize space. A local newspaper quoted his intention "to get all people off the earth and see it turned into a huge national park".[33]
After graduating from high school in , Bezos attended Princeton University.
He initially majored in physics but later switched to electrical engineering and computer science. In , during a talk at The Economic Club of Washington, D.C., Bezos revealed that, some thirty years ago, his Princeton classmate Yasantha Rajakarunanayake had defeated him in solving a mathematical problem, causing him to give up on his dreams of becoming a theoretical physicist.[35][36][37][38][39]
Bezos was a member of the Quadrangle Club, one of Princeton's 11 eating clubs.[40] Additionally, he was the president of the Princeton chapter of the Students for the Exploration and Development of Space (SEDS).[41][42] He had a GPA and was elected to Phi Beta Kappa and Tau Beta Pi.
Bezos graduated from Princeton in with a Bachelor of Science in Engineering (BSE), summa cum laude.[44]
Business career
Early career
After Bezos graduated from college in , he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others.[45] He first worked at Fitel, a fintech telecommunications start-up, where he was tasked with building a network for international trade.[46] 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 from to He then joined D. E. Shaw & Co, a newly created hedge fund with a strong emphasis on mathematical modelling from until Bezos became D. E. Shaw's fourth senior vice-president by age [47][45]
Amazon
Main article: Amazon
In spring , Bezos read that web usage was growing at a rate of % a year and eventually decided to establish an online bookstore.[48] He and his then-wife, MacKenzie Scott, left their jobs at D.
E. Shaw and founded Amazon in a rented garage in Bellevue, Washington on July 5, , after writing its business plan on a cross-country drive from New York City to Seattle.[49][50] With Bezos at the helm and Scott taking an integral role in its operation—writing checks, keeping track of the books, and negotiating the company's first freight contracts—the foundation was laid for this garage-run operation to grow exponentially.[51] Prior to settling in Seattle, Bezos had investigated setting up his company at an Indian reservation near San Francisco in order to avoid paying taxes.[52] Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America, in part because the name begins with the letter A, which is at the beginning of the alphabet.[53] At the time, website listings were alphabetized, so a name starting with "A" would appear sooner when customers conducted online searches.[54] In addition, he regarded "Amazon," the name of the world's largest river as fitting for what he hoped would become the world's largest online bookstore.[54] He accepted an estimated $, from his parents as an investment in Amazon.[50][55][56] He warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt.[57] Although Amazon was originally an online bookstore, Bezos had always planned to expand to other products.[47][53] Three years after Bezos founded Amazon, he took it public with an initial public offering (IPO).[58] In response to critical reports from Fortune and Barron's, Bezos maintained that the growth of the Internet would overtake competition from larger book retailers such as Borders and Barnes & Noble.[53]
In , Bezos diversified into the online sale of music and video, and by the end of the year he had expanded the company's products to include a variety of other consumer goods.[53] Bezos used the $54&#;million raised during the company's equity offering to finance the aggressive acquisition of smaller competitors.[53] Among these acquisitions were his purchase of a majority stake in in and a purchase of a portion of for $60 million, both of which would fail after the dot-com bubble collapse in [59] By the end of , Bezos borrowed $2 billion from banks, as its cash balances dipped to only $&#;million.[59] However, the company continued to expand despite its losses,[59] and in , Bezos led Amazon to launch Amazon Web Services, which compiled data from weather channels and website traffic.[53] Revenues stagnated later that year,[60] and after the company nearly went bankrupt, he closed distribution centers and laid off 14% of the Amazon workforce.[59] In , Amazon rebounded from financial instability and turned a profit of $35&#;million.[61][62]
In November , Bezos launched the Amazon Kindle.[63] According to a Time profile, Bezos wished to create a device that allowed a "flow state" in reading similar to the experience of video games.[64] In , Bezos secured a $million contract with the Central Intelligence Agency (CIA) on behalf of Amazon Web Services.[65] In October of that year, Amazon was recognized as the largest online shopping retailer in the world.[66]
In May , Bezos sold slightly more than one million shares of his holdings in the company for $&#;million, the largest sum he had ever raised from selling some of his Amazon stock.[67] On August 4, , Bezos sold another million of his shares for $&#;million.[68] A year later, Bezos took on , new employees when he ramped up hiring at company distribution centers.[69] By January 19, , his Amazon stock holdings had appreciated to slightly over $&#;billion; months later he began to sell stock to raise cash for other enterprises, in particular, Blue Origin.[70] On January 29, , he was featured in Amazon's Super Bowl commercial.[71] On February 1, , Amazon reported its highest ever profit with quarterly earnings of $2&#;billion.[72] Due to the growth of Alibaba in China, Bezos has often expressed interest in expanding Amazon into India.[73] On July 27, , Bezos momentarily became the world's wealthiest person over Microsoft co-founder Bill Gates when his estimated net worth increased to just over $90&#;billion.
His wealth surpassed $&#;billion for the first time on November 24, , and he was formally designated the wealthiest person in the world by Forbes on March 6, , with a net worth of $&#;billion.[74]
In March , Bezos dispatched Amit Agarwal, Amazon's global senior vice president, to India with $&#;billion to localize operations throughout the company's supply chain routes.[76] Later in the month, U.S.
President Donald Trump accused Amazon and Bezos, specifically, of sales tax avoidance, misusing postal routes, and anti-competitive business practices.[77] Amazon's share price fell by 9% in response to the President's negative comments; this reduced Bezos's personal wealth by $&#;billion.[78] Weeks later, Bezos recouped his losses when academic reports out of Stanford University indicated that Trump could do little to regulate Amazon in any meaningful way.[79] During July , a number of members of the U.S.
Congress called on Bezos to detail the applications of Amazon's face recognition software, Rekognition.[80]
Criticism of Amazon's business practices continued in September when Senator Bernie Sanders introduced the Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act and accused Amazon of receiving corporate welfare.[82] This followed revelations by the non-profit group New Food Economy which found that one third of Amazon workers in Arizona, and one tenth of Amazon workers in Pennsylvania and Ohio, relied on food stamps.[83] While preparing to introduce the bill, Sanders opined: "Instead of attempting to explore Mars or go to the moon, how about Jeff Bezos pays his workers a living wage?"[84] He later said: "Bezos could play a profound role.
If he said today, nobody who is employed at Amazon will receive less than a living wage, it would send a message to every corporation in America."[85] Sanders's efforts elicited a response from Amazon which pointed to the , jobs it created in and called the $28, figure for its median salary "misleading" as it included part-time workers.[86] However, Sanders countered that the companies targeted by his proposal have placed an increased focus on part-time workers to escape benefit obligations.[87] On October 2, , Bezos announced a company-wide wage increase, which Sanders applauded.[88] The American workers who were being paid the minimum wage had this increased to $15 per hour, a decision that was interpreted as support for the Fight for $15 movement.[89]
In February , Bezos announced that in the third quarter of he would step down from his role as CEO of Amazon to become the Executive Chairman of the Amazon Board.
He was succeeded as CEO by Andy Jassy.[90][91][92] On February 2, , Bezos sent an email[93] to all Amazon employees, telling them the transition would give him "the time and energy [he] need[s] to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions."[94] In February , Bezos sold 24 million shares in Amazon at a total value of $4 billion.
Bezos announced that he intended to sell 50 million shares in Amazon over the next year.[95] During an interview at the DealBook Summit in December , Bezos said that he was dedicating 95% of his time to artificial intelligence initiatives at Amazon.[96][97]
Blue Origin
Main article: Blue Origin
In September , Bezos founded Blue Origin, a human spaceflightstartup.[98] Bezos has long expressed an interest in space travel and the development of human life in the Solar System.[32] His high school valedictorian senior graduation 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.[99] The year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion.[]Rob Meyerson led Blue Origin from to and served as its first president.[]
After its founding, Blue Origin maintained a low profile until when it purchased a large tract of land in West Texas for a launch and test facility.[] After the company gained the public's attention during the late s, Bezos additionally indicated his interest in reducing the cost of space travel for humans while also increasing the safety of extraterrestrial travel.[] In September , one of the company's uncrewed prototype vehicles crashed during a short-hop test flight.
Autobiography of jeff bezos children today All Rights Reserved. Get a daily dose of showbiz gossip direct to your inbox Sign up. It takes a lot of grit to continue. Measure advertising performance.Although the crash was viewed as a setback, news outlets noted how far the company went from its founding-to-date in advancing spaceflight.[] After the crash, Bezos has been superstitiously wearing his "lucky" Texas Cowboy boots to all rocket launches.[] In May , Bezos met with Richard Branson, chairman of Virgin Galactic, to discuss commercial spaceflight opportunities and strategies.[] He has been compared to Branson and Elon Musk as all three are billionaires who prioritize spaceflight among their business interests.[]
In , Bezos announced that a new orbital launch vehicle was under development and would make its first flight in the lates.[] Later in November, Blue Origin's New Shepard space vehicle successfully rocketed into space and reached its planned test altitude of , feet ( kilometers) before executing a vertical landing back at the launch site in West Texas.
In , Bezos allowed select journalists to visit, tour, and photograph his facility.[] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution.[]
In December , New Shepard successfully flew and landed dummy passengers, amending and pushing its human space travel start date into late [] To execute this program, Blue Origin built six of the vehicles to support all phases of testing and operations: no-passenger test flights, flights with test passengers, and commercial-passenger weekly operations.[] Since , Bezos has spoken more freely about his hopes to colonize the solar system, and has been selling US$1 billion in Amazon stock each year to capitalize Blue Origin in an effort to support this endeavor.[][] In May , Bezos maintained that the primary goal of Blue Origin is to preserve the natural resources of Earth by making the human species multi-planetary.[] He announced that New Shepard would begin transporting humans into sub-orbital space by November [] In July , it was announced that Bezos had priced commercial spaceflight tickets from $, to $, per person.[]
Spaceflight
On July 20, , he launched on the NS mission with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen.[] He launched nine days after Richard Branson launched on board the Virgin Galactic Unity 22 mission.
Bezos's suborbital flight lasted over 10 minutes, reaching a peak altitude of miles (&#;km).[]
The Washington Post
See also: The Washington Post
On August 5, , Bezos announced his purchase of The Washington Post for $&#;million in cash,[] at the suggestion of his friend, Don Graham.[] To execute the sale, he established limited liability companyNash Holdings to serve as a holding company through which he would own the newspaper.[] The sale closed on October 1, , and Nash Holdings took control.[] In March , Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S.
local newspapers in Texas, Hawaii, and Minnesota.[] In January , Bezos set out to reinvent the newspaper as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software.[] After a surge in online readership in , the paper was profitable for the first time since Bezos made the purchase in []
Bezos Expeditions
Main article: Bezos Expeditions
Bezos makes personal investments through his venture capital vehicle, Bezos Expeditions.[] He was one of the first shareholders in Google, when he invested $, in That $, investment resulted in &#;million shares of Google stock, worth about $&#;billion in [][] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging.[] Bezos is involved in the healthcare sector, which includes investments in Unity Biotechnology, GRAIL, Juno Therapeutics, and Zocdoc.[] In January , an announcement was made concerning Bezos's role within a new, unnamed healthcare company.
This venture, later named Haven, is expected to be a partnership between Amazon, JPMorgan, and Berkshire Hathaway.[][]
Bezos also supports philanthropic efforts through direct donations and non-profit projects funded by Bezos Expeditions.[] Bezos used Bezos Expeditions to fund several philanthropic projects, including an Innovation center at the Seattle Museum of History and Industry and the Bezos Center for Neural Circuit Dynamics at Princeton Neuroscience Institute.[][] In , Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 engines from the floor of the Atlantic Ocean.[] They were positively identified as belonging to the Apollo 11 mission's S-1C stage from July [][] The engines are currently on display at the Seattle Museum of Flight.[][]
Altos Labs
Main article: Altos Labs
In September , Bezos co-founded Altos Labs with founder Yuri Milner.
Altos Labs is a well-funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics.[6] The company has recruited prominent scientists such as Juan Carlos Izpisúa Belmonte (known for work on rejuvenation through reprogramming), Steve Horvath (known for work in epigenetic aging clocks), and Shinya Yamanaka (the Nobel Prize-winning inventor of cellular reprogramming in mammalian cells).[6] The company left stealth mode and launched on January 19, , with a start capital of $3 billion and an executive team led by Hal Barron.[]
Public image
Journalist Nellie Bowles of The New York Times has described the public persona and personality of Bezos as that of "a brilliant but mysterious and coldblooded corporate titan".[] During the s, Bezos earned a reputation for relentlessly pushing Amazon forward, often at the expense of public charity and social welfare.[][] Journalist Mark O'Connell criticized Bezos's relentless customer focus as "very small" in terms of impact on humanity as a whole,[] a sentiment technologist Tim O'Reilly agreed with.[] His business practices projected a public image of prudence and parsimony with his own wealth and that of Amazon.
In , Bezos was worth $10 billion yet drove a Honda Accord.[] Throughout the early s, he was perceived to be geeky or nerdy.[][][]
Bezos was seen by some as needlessly quantitative and data-driven.[][] This perception was detailed by Alan Deutschman, who described him as "talking in lists" and "[enumerating] the criteria, in order of importance, for every decision he has made."[] Select accounts of his persona have drawn controversy and public attention.
Notably, journalist Brad Stone wrote a book that described Bezos as a demanding boss as well as hyper-competitive,[][] and opined that Bezos perhaps "bet the biggest on the Internet" than anyone else.[] Bezos has been characterized as a notoriously opportunistic CEO who operates with little concern for obstacles and externalities.[][]
During the early s, Bezos solidified his reputation for aggressive business practices, and his public image began to shift.
Bezos started to wear tailored clothing; he weight trained, pursued a regimented diet and began to freely spend his money.[] His physical transformation has been compared to the transformation of Amazon; he is often referred to as the metonym of the company.[][] Since , he has been portrayed by Kyle Mooney and Steve Carell on Saturday Night Live, usually as an undercutting, domineering figure.[] His physical appearance increased the public's perception of him as a symbolically dominant figure in business and in popular culture, wherein he has been parodied as an enterprising supervillain.[][][]
In May , the International Trade Union Confederation named Bezos the "World's Worst Boss", with its general secretary Sharan Burrow saying: "Jeff Bezos represents the inhumanity of employers who are promoting the North American corporate model",[] while in , Harvard Business Review, which ranked Bezos the best-performing CEO for 4 years in a row since , did not rank him even in the top , citing Amazon's "relatively low ESG (environment, social, and governance) scores" that reflect "risks created by working conditions and employment policies, data security, and antitrust issues."[]
During the late s, Bezos reversed his reputation for being reluctant to spend money on non-business-related expenses.[24] His relative lack of philanthropy compared to other billionaires has drawn a negative response from the public since [][24] Bezos has been known to publicly contest claims made in critical articles, as exemplified in when he sent a memo to employees denouncing a New York Times piece.[][]
Leadership style
Bezos used what he called a "regret-minimization framework" while working at D.&#;E.
Shaw and again during the early years of Amazon. He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? No. Will I regret missing the beginning of the Internet?
Yes."[] During the s and early s at Amazon, he was characterized as trying to quantify all aspects of running the company, often listing employees on spreadsheets and basing executive decisions on data. To push Amazon forward, Bezos developed the mantra "Get Big Fast", establishing the company's need to scale its operations to produce market dominance.[53] He favored diverting Amazon profits back into the company in lieu of allocating it amongst shareholders in the form of dividends.[]
Bezos uses the term "work–life harmony" instead of the more standard "work–life balance" because he believes that balance implies that you can only have one and not the other.
He believes that work and home life are interconnected, informing and calibrating each other.[] Journalist Walt Mossberg dubbed the idea that someone who cannot tolerate criticism or critique should not do anything new or interesting "The Bezos Principle".[] Bezos does not schedule early morning meetings and enforces a two-pizza rule—a preference that meetings are small enough for two pizzas to feed everyone in the boardroom.
When interviewing candidates for jobs at Amazon, he has stated he considers three inquiries: can he admire the person, can the person raise the common standard, and under what circumstances could the person become exemplary.[]
In , it was reported that he met with Amazon investors for just six hours a year.
Instead of using presentation slides, Bezos requires high-level employees to present information with six-page narratives.[] Since , Bezos has published an annual letter for Amazon shareholders wherein he frequently refers to five principles: focus on customers, not competitors; take risks for market leadership; facilitate staff morale; build a company culture; and empower people.[][] Bezos maintains the email address jeff[] as an outlet for customers to reach out to him and the company.
Although he does not respond to the emails, he forwards some of them with a question mark in the subject line to executives, who then attempt to address the issues.[] Bezos has cited Jeff Immelt of New Enterprise Associates,[]Warren Buffett of Berkshire Hathaway, Jamie Dimon of JPMorgan Chase, and Bob Iger of The Walt Disney Company as major influences on his leadership style.[][]
Recognition
- In , Bezos received his first major award when Time named him Person of the Year.[]
- In , 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 []
- In , The Economist gave Bezos and Gregg Zehr an Innovation Award for the Amazon Kindle.[]
- In , Bezos was named Businessperson of the Year by Fortune.[]
- He is also a member of the Bilderberg Group and attended the Bilderberg conference in St.
Moritz, Switzerland,[] and the conference in Watford, Hertfordshire, England. He was a member of the executive committee of The Business Council for and , and appointed as chairman of the organization in []
- Between and , 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 []
- In September , Bezos received a $, 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 , 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 , 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 Axel Springer Award for Business Innovation and Social Responsibility.[]Time magazine named him one of the most influential people in the world on five separate occasions between and []
- In , Bezos was inducted into the Living Legends of Aviation, being awarded with the Jeff Bezos Freedom's Wings Award and the Kenn Ricci Lifetime Aviation Entrepreneur Award.[]
- In February , Bezos was presented with the Légion d'honneur, the highest French order of merit.Autobiography of jeff bezos children pictures Following her divorce from Jeff, she received much attention over her philanthropic endeavors. At the Summit LA17 ideas festival, Jeff shared that he and his then-wife wanted their kids to learn how to be resourceful. Reproduction of this article and its photographs in whole or in part is prohibited, even when citing their source. Preston Bezos is similar to Jeff Bezos, in more ways than one — being named after his father's middle name — Jeffrey Preston Bezos.
Bezos had been designated a member of the Légion d'Honneur about 10 years earlier but was not available to collect it.[]
Wealth
Bezos first became a millionaire in after raising $54&#;million through Amazon's initial public offering (IPO).[] He was first included on the ForbesWorld's Billionaires list in with an estimated net worth of $&#;billion, which placed his on the 19th position in the world and 10th in the USA.[] His net worth decreased to $&#;billion a year later, a % drop.[] His wealth plummeted even more the following year, dropping % to $&#;billion.[] He lost $&#;million the following year, which brought his net worth down to $&#;billion.[] The following year, his net worth increased by % to $&#;billion.[] From to , he quadrupled his net worth to $&#;billion.[] After the financial crisis and succeeding economic recession, his net worth would decrease to $&#;billion—a % drop.[][] His wealth rose by % in , leaving him with $&#;billion.
This percentage increase ascended him to the 43rd spot on the ranking from 68th.[][]
After a rumor broke out that Amazon was developing a smartphone, Bezos's net worth rose to $&#;billion in [][] A year later, he entered the top ten when he increased his net worth to a total of $&#;billion.
Bezos rose to become the fifth richest person in the world hours before market close; he gained $7&#;billion in one hour.[] By the time the Forbes list was calculated in March , his net worth was registered at $&#;billion.[] However, just months later in October , his wealth increased by $&#;billion to $&#;billion, unofficially ranking him the third-richest person in the world, behind Warren Buffett.[] After sporadic jumps in Amazon's share price, in July he briefly unseated Microsoft co-founder Bill Gates as the wealthiest person in the world.[]
Bezos would continue to sporadically surpass Gates throughout the month of October after Amazon's share price fluctuated.[] His net worth surpassed $&#;billion for the first time on November 24, , after Amazon's share price increased by more than %.[] When the list was issued, Bezos's net worth was registered at $&#;billion, adding $&#;billion from the previous year.[] His wealth's rapid growth from to sparked a variety of assessments about how much money Bezos earned on a controlled, reduced time scale.
On October 10, , he made an estimated $&#;billion in 5 minutes, slightly less than the then annual gross domestic product of Kyrgyzstan.[]
On March 6, , Bezos was designated the wealthiest person in the world, with a registered net worth of $&#;billion.[] He unseated Bill Gates ($90&#;billion), who was $6&#;billion ahead of Warren Buffett ($84&#;billion), ranked third.[] He is considered the first registered centi-billionaire (not adjusted for inflation).[b]
His wealth, in –18 terms, equaled that of &#;million Americans.[] Bezos's net worth increased by $&#;billion from January to January This increase outstripped the economic development (in GDP terms) of more than 96 countries around the world.[] During March 9, Bezos earned $, every 60 seconds.[]The Motley Fool estimated that if Bezos had not sold any of his shares from its original public offering in , his net worth would sit at $&#;billion in [] According to Quartz, his net worth of $&#;billion in July was enough to purchase the entire stock markets of Nigeria, Hungary, Egypt, Luxembourg, and Iran.[] Following the report by Quartz, Amazon workers in Poland, (Germany), and Spain participated in demonstrations and labor strikes to draw attention to his growing wealth and the lack of compensation, labor rights, and satisfactory working conditions of select Amazon workers.[] On July 17, , he was designated the "wealthiest person in modern history"[c] by the Bloomberg Billionaires Index,[]Fortune,[]MarketWatch,[]The Wall Street Journal,[] and Forbes.[]
In , Bezos's wealth was reduced by the divorce from his wife MacKenzie Bezos.[][] According to Forbes, had the Washington state common law applied to their divorce without a prenuptial agreement, Bezos's wealth could have been equitably divided with his ex-wife;[][] however, she eventually received 25% of Bezos's Amazon shares, then valued at approximately $36&#;billion, making her the third-richest woman in the world.
Autobiography of jeff bezos children ages: It takes a lot of grit to continue. Story Saved. Bezos and Scott adopted their one-and-only daughter, from China. Facebook X Twitter.
Bezos retained his interest in The Washington Post and Blue Origin, as well as voting control of the shares received by his ex-wife.[]
In June , Bezos purchased three adjoining apartments overlooking Madison Square Park in Manhattan, including a penthouse, for a combined total of US$80&#;million, making this one of the most expensive real estate purchases within New York City in [] Bezos had also purchased three adjoining apartments at 25 Central Park West in Manhattan for $ million in ;[][] he bought a fourth unit in that building for $ million in []
In February , Bezos purchased the Warner Estate from David Geffen for $ million,[][] a record price paid for a residence in the Los Angeles area.
The previous record high price of $ million was paid by Lachlan Murdoch for the Chartwell Mansion. During the COVID pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon.[] He further expanded his residential holdings in February , purchasing a $million-dollar apartment at a story boutique condominium, located across from Madison Square Park in the Flatiron neighbourhood, where he already owns all the units on the top floors.[] Bezos is the owner of the Y, a luxury superyacht estimated to cost more than $,,; it is the largest yacht in the world.[] According to Forbes Bezos was the second-wealthiest person in America and the third-wealthiest person in the world in [][][] Bezos is the second-wealthiest person in the world according to Bloomberg Billionaires Index.
His net worth is about US$ billion as of February [][]
Criticism
Bezos is known for creating an adversarial environment at Amazon, as well as insulting and verbally abusing his employees. As journalist Brad Stone revealed in his book The Everything Store, Bezos issued remarks to his employees such as "I'm sorry, did I take my stupid pills today?", "Are you lazy or just incompetent?", and "Why are you ruining my life?"[] Additionally, Bezos reportedly pitted Amazon teams against each other, and once refused to give Amazon employees city bus passes in order to discourage them from leaving the office.[]
Throughout his early years of ownership of The Washington Post, Bezos was accused of having a potential conflict of interest with the paper.[] Bezos and the newspaper's editorial board