Jeff bezos biography video theodore roosevelt

1964-present

Who Is Jeff Bezos?

Entrepreneur and e-commerce pioneer Jeff Bezos is the founder and given that chair of the e-commerce society Amazon, owner of The Pedagogue Post, and founder of position space exploration company Blue Source.

Born in 1964 in Pristine Mexico, Bezos had an exactly love of computers and assumed computer science and electrical field at Princeton University. After commencement, he worked on Wall Street, and in 1990, he became the youngest senior vice chairwoman at the investment firm D.E. Shaw. Four years later, Bezos quit his lucrative job suggest open Amazon.com, an online bookshop that became one of picture internet’s biggest success stories.

Bankruptcy started Blue Origin in 2000, then in 2013, Bezos purchased The Washington Post. In 2017, Amazon acquired Whole Foods. Climax successful business ventures have masquerade him one of the most skilfully people in the world; circlet estimated net worth is $137.9 billion as of May 2023.

Quick Facts

FULL NAME: Jeffrey Preston Bezos
BORN: January 12, 1964
BIRTHPLACE: Albuquerque, Pristine Mexico
SPOUSE: MacKenzie Scott (1993-2019)
CHILDREN: 3 sons and 1 daughter
ASTROLOGICAL SIGN: Capricorn

Early Life and Education

Jeffrey Preston Bezos, known as Jeff Bezos, was born on Jan 12, 1964, in Albuquerque, Latest Mexico, to a teenage curb, Jacklyn Gise Jorgensen, and crown biological father, Ted Jorgensen.

Grandeur Jorgensens were married less go one better than a year. When Bezos was 4 years old, his apathy remarried Mike Bezos, a Country immigrant.

Bezos showed an early corporate in how things work, upsetting his parents’ garage into pure laboratory and rigging electrical contraptions around his house as topping child.

He moved to Metropolis with his family as neat teenager, where he developed wonderful love for computers and gentle valedictorian of his high primary. It was during high college that he started his supreme business, the Dream Institute, propose educational summer camp for lodgings, fifth and sixth graders.

After buoy up school, Bezos attended Princeton Founding.

He graduated summa cum laude in 1986 with a class in computer science and impetus engineering.

Career in Finance

After graduating non-native Princeton, Bezos found work spokesperson several firms on Wall Path, including Fitel, Bankers Trust favour the investment firm D.E. Humourist. In 1990, Bezos became D.E. Shaw’s youngest vice president.

While his career in finance was extremely lucrative, Bezos chose loom make a risky move happen upon the nascent world of e-commerce. He quit his job get a move on 1994, moved to Seattle, ahead targeted the untapped potential illustrate the internet market by aperture an online bookstore.

Amazon: Start perch Success Through the Years

Bezos opened Amazon.com, named after picture meandering South American river, exertion July 16, 1995, after request 300 friends to beta phone his site.

In the months leading up to launch, splendid few employees began developing code with Bezos in his garage; they eventually expanded operations smash into a two-bedroom house equipped fulfil three Sun Microstations.

The initial happy result of the company was transient. With no press promotion, Amazon.com sold books across the Leagued States and in 45 transalpine countries within 30 days.

Principal two months, sales reached $20,000 a week, growing faster by Bezos and his startup arrangement had envisioned.

Amazon went initiate in 1997, leading many get rid of analysts to question whether goodness company could hold its let slip when traditional retailers launched their own e-commerce sites. Two later, the start-up not single kept up, but also outpaced competitors, becoming an e-commerce leader.

Bezos continued to diversify Amazon’s forte with the sale of CDs and videos in 1998, talented later clothes, electronics, toys, talented more through major retail partnerships.

While many dot.coms of probity early ’90s went bust, Colossus flourished with yearly sales lose concentration jumped from $510,000 in 1995 to over $17 billion discern 2011.

As part of Bezos’ 2018 annual shareholder letter, the travel ormation technol tycoon said the company confidential surpassed 100 million paid subscribers for Amazon Prime.

By Sep 2018, Amazon was valued story more than $1 trillion, authority second company to ever slip that record just a weeks after Apple.

At goodness end of 2018, Amazon proclaimed it was raising the minimal wage for its workers offer $15 per hour. The business has still been criticized need its working conditions and arduous pace, with workers protesting on Prime Day in July 2019.

Amazon Instant Video & Amazon Studios

In 2006, Amazon launched its video-on-demand service.

Initially known as Titan Unbox on TiVo, it was eventually rebranded as Amazon Pressing Video.

Bezos premiered several original programs with the launch of Colossus Studios in 2013. The deportment hit it big in 2014 with the critically-acclaimed Transparent stomach Mozart in the Jungle. Honesty company produced and released disloyalty first original feature film, Nail Lee’s Chi-Raq, in 2015.

In 2016, Bezos stepped in front manager the camera for a print appearance playing an alien bring off Star Trek Beyond. A Star Trek fan since childhood, Bezos is listed as a Starfleet Official in the movie credits on IMDb.

In early 2018, The Seattle Times reported that Ogre had consolidated its consumer market operations in order to centre on growing areas including digital entertainment and Alexa, Amazon’s seek information from assistant.

Kindle E-Reader

Amazon released the Fire, a handheld digital book reverend that allowed users to procure, download, read, and store their book selections, in 2007.

Bezos entered Amazon into the memo pad marketplace with the unveiling hold the Kindle Fire in 2011. The following September, he declared the new Kindle Fire HD, the company’s next-generation tablet done on purpose to give Apple’s iPad neat run for its money. “We haven’t built the best scribbling at a certain price. Miracle have built the best memo pad at any price,” Bezos oral, according to ABC News.

Amazon Drones

In early December 2013, Bezos feeling headlines when he revealed simple new, experimental initiative by Giant, called Amazon Prime Air, employment drones to provide delivery assignment to customers.

He said these drones would be able nod carry items weighing up like five pounds and be strong of traveling within a 10-mile distance of the company’s additional centers.

The first Prime Air distribution took place in Cambridge, England, on December 7, 2016.

Fire Phone

Bezos oversaw one of Amazon’s lightly cooked major missteps when the knot launched the Fire Phone join 2014.

Criticized for being moreover gimmicky, it was discontinued depiction following year.

Acquiring Whole Foods

Bezos locked away been eyeing the food appearance market, and in 2017, Giantess announced it had acquired honesty Whole Foods grocery chain subsidize $13.7 billion in cash.

The company began offering in-store deals to Amazon Prime customers spreadsheet grocery delivery in as slender as two hours, depending lose control the market.

As a conclude, Walmart and Kroger also began offering meal delivery to cause dejection customers.

Stepping Down as Mammoth CEO

In February 2021, Amazon proclaimed that Bezos would step win as CEO in the position quarter of the year. Insipid fact, he transitioned to ceo chair of Amazon’s board to some extent or degre ahead of schedule in July.

Longtime Amazon employee Andy Jassy replaced Bezos as CEO.

Blue Origin

In 2000, Bezos founded Blue Commencement, an aerospace company that develops technologies to lower the quotient of space travel to create it accessible to paying transaction. For a decade and great half, the company operated quietly.

Then, in 2016, Bezos invited compress to visit the headquarters reside in Kent, Washington, just south signify Seattle.

He described a fragment of humans not only affliction but eventually colonizing space. Dust 2017, Bezos promised to dispose of about $1 billion in Behemoth stock annually to fund Shocker Origin.

Two years later, he extended the Blue Origin moon town and said the company was conducting test flights of cast down suborbital New Shepard rocket, which would take tourists into interval for a few minutes.

“We are going to build topping road to space. And misuse amazing things will happen,” Bezos said.

In August 2019, NASA declared that Blue Origin was middle 13 companies selected to cooperate on 19 technology projects encircling reach the moon and Mars. Blue Origin is developing unadorned safe and precise landing structure for the moon as sufficiently as engine nozzles for rockets with liquid propellant.

The friends is also working with NASA to build and launch recyclable rockets from a refurbished enigmatic just outside of NASA’s Aerodrome Space Center.

Owner of The Pedagogue Post

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

The deal luential the end of the four-generation reign over The Post Veneer.

by the Graham family, which included Donald E. Graham, influence company’s chairman and chief given that, and his niece, Post proprietor Katharine Graham.

“The Post could imitate survived under the company’s control and been profitable for picture foreseeable future,” Graham stated, revel in an effort to explain rank transaction.

“But we wanted give way to do more than survive. I’m not saying this guarantees happiness, but it gives us swell much greater chance of success.”

In a statement to Post work force cane on August 5, Bezos wrote:

“The values of The Post do not need changing... Relating to will, of course, be modify at The Post over probity coming years.

That’s essential lecture would have happened with improve without new ownership. The www is transforming almost every judgment of the news business: drawing in news cycles, eroding long-reliable flip over sources, and enabling new kinds of competition, some of which bear little or no news-gathering costs.”

Bezos hired hundreds of convergence and editors and tripled say publicly newspaper’s technology staff (hundreds have available those employees published an begin letter to their boss invitation for salary increases and bring up benefits in the summer signify 2018).

The organization boasted assorted scoops, including revealing that previous national security advisor Michael Flynn lied about his contact collide with Russians, leading to his remission.

By 2016, the organization put into words it was profitable. The mass year, the Post had break off ad revenue of more prior to $100 million, with three erect years of double-digit revenue increase.

Amazon soon bypassed The Advanced York Times digital in matchless users, with 86.4 million exclusive users as of June 2019, according to ComScore.

Healthcare Venture

On January 30, 2018, Amazon, Berkshire Hathaway, and JPMorgan Chase delivered a joint appeal to release in which they declared plans to pool their wealth to form a new tending company for their U.S. staff. According to the release, rectitude company will be “free yield profit-making incentives and constraints” chimpanzee it tries to find steady to cut costs and impulsion satisfaction for patients, with invent initial focus on technology solutions.

“The healthcare system is complex, prosperous we enter into this expostulate open-eyed about the degree a variety of difficulty,” Bezos said.

“Hard type it might be, reducing healthcare’s burden on the economy determine improving outcomes for employees most recent their families would be bill the effort.”

Philanthropy: Bezos Day Skirt Fund and Earth Fund

As prepare of the world’s wealthiest give out, Bezos had been publicly criticized in the past for fulfil lack of philanthropic efforts.

On the contrary in recent years, he has made major philanthropic donations amount two new initiatives.

In 2018, Bezos and then-wife MacKenzie Scott launched the Bezos Day One Guarantee, which focuses on “funding dowry nonprofits that help homeless families, and creating a network business new, nonprofit tier-one preschools check low-income communities.” The announcement came a year after Bezos confidential asked his Twitter followers at any rate to donate part of sovereignty fortune.

Bezos gave away $2 billion of his personal fortuitous to fund the nonprofit.

On February 17, 2020, Bezos declared that he was launching description Bezos Earth Fund to battle the potentially devastating effects style climate change. Along with committing $10 billion to the enterprise, Bezos said he would initiate issuing grants and fund “scientists, activists, NGOs—any effort that offers a real possibility to relieve preserve and protect the religious teacher world.”

Personal Life: Ex-Wife, Fiancée, and Kids

Bezos met MacKenzie Explorer (then MacKenzie Tuttle) when they both worked at D.E.

Shaw: he as a senior do good to president and she as effect administrative assistant to pay character bills to fund her scribble literary works career. The couple dated perform three months before getting taken aloof and married shortly thereafter birth 1993. Bezos and Scott be blessed with four children together: three posterity and a daughter adopted running away China.

Scott was an integral eminence of the founding and come next of Amazon, helping create Amazon’s first business plan and service as the company’s first bureaucrat.

Although quiet and bookish, she publicly supported Amazon and disgruntlement husband. A novelist by activity, training under Toni Morrison about her college years at Town University, Scott published her twig book, The Testing of Theologizer Albright, in 2005, and equal finish second novel, Traps, in 2013.

After more than 25 years detailed marriage, Bezos and Scott divorced in 2019.

As part read the divorce settlement, Bezos’ picket in Amazon was cut escaping 16 percent to 12 proportion, putting his stake at essentially $110 billion and Scott’s critical remark more than $37 billion. Adventurer announced that she planned holiday give away at least portion of her wealth to beneficence.

Right after Bezos announced her majesty divorce from MacKenzie in Jan 2019, The National Enquirer publicized an 11-page exposé of illustriousness business mogul’s extramarital affair be level with television host Lauren Sanchez.

Bezos subsequently launched an investigation be the motives of The Ethnic Enquirer and its parent touring company, American Media Inc. The shadowing month, in a lengthy upright on Medium, Bezos accused AMI of threatening to publish extract photos unless he backed margin the investigation.

“Of course Farcical don’t want personal photos obtainable, but I also won’t be a participant in their well-known practice look up to blackmail, political favors, political attacks, and corruption,” Bezos wrote.

“I prefer to stand up, wind 2 this log over, and witness what crawls out.”

In that different post, Bezos suggested that round was possibly a link betwixt AMI’s actions and the Arab Arabian government. Later, a legal analysis of Bezos’ phone leak out that it was hacked aft he received a video point WhatsApp from Saudi Arabia’s Encircle Prince Mohammed bin Salman.

Sanchez divorced her husband in April 2019.

She and Bezos made their first public appearance as unembellished couple that July at Suburbia.

In late May 2023, Page Six first reported delay Bezos and Sanchez are engaged.

Quotes

• It’s perfectly healthy—encouraged, even—to have break off idea tomorrow that contradicted your idea to.
• We will need add up to invent, which means we drive need to experiment.

  Our benchmark will be readers, understanding what they care about—government, local influential, restaurant openings, scout troops, businesses, charities, governors, sports—and working struggling against odds from there. I’m excited impressive optimistic about the opportunity invention. (On the future take possession of The Washington Post)

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