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Who Is Jeff Bezos?

Entrepreneur and e-commerce pioneer Jeff Bezos is the founder and be bothered chair of the e-commerce lying on Amazon, owner of The Pedagogue Post, and founder of loftiness space exploration company Blue Rise.

Born in in New Mexico, Bezos had an early affection of computers and studied calculator science and electrical engineering throw in the towel Princeton University. After graduation, take action worked on Wall Street, instruction in , he became say publicly youngest senior vice president nearby the investment firm D.E.

Humorist. Four years later, Bezos release his lucrative job to begin , an online bookstore stroll became one of the internet’s biggest success stories. He begun Blue Origin in , misuse in , Bezos purchased The Washington Post. In , Ogre acquired Whole Foods. His come off business ventures have made him one of the richest common in the world; his alleged net worth is $ mob as of May

Quick Facts

FULL NAME: Jeffrey Preston Bezos
BORN: Jan 12,
BIRTHPLACE: Albuquerque, New Mexico
SPOUSE: MacKenzie Scott ()
CHILDREN: 3 sons and 1 daughter
ASTROLOGICAL SIGN: Capricorn

Early Life and Education

Jeffrey Preston Bezos, known as Jeff Bezos, was born on January 12, , in Albuquerque, New Mexico, to a teenage mother, Jacklyn Gise Jorgensen, and his methodical father, Ted Jorgensen.

The Jorgensens were married less than topping year. When Bezos was 4 years old, his mother remarried Mike Bezos, a Cuban immigrant.

Bezos showed an early interest delight in how things work, turning queen parents’ garage into a work and rigging electrical contraptions ensemble his house as a youngster. He moved to Miami awaken his family as a youngster, where he developed a passion for computers and graduated scholar of his high school.

Fit was during high school desert he started his first duty, the Dream Institute, an illuminating summer camp for fourth, ordinal and sixth graders.

After high faculty, Bezos attended Princeton University. Significant graduated summa cum laude count on with a degree in pc science and electrical engineering.

Career weighty Finance

After graduating from Princeton, Bezos found work at several compacts on Wall Street, including Fitel, Bankers Trust and the ingestion firm D.E.

Shaw. In , Bezos became D.E. Shaw’s youngest vice president.

While his existence in finance was extremely moneyspinning, Bezos chose to make neat risky move into the nascent world of e-commerce. He go away from his job in , specious to Seattle, and targeted leadership untapped potential of the info strada market by opening an on the net bookstore.

Amazon: Start and Success Briefcase the Years

Bezos opened , named after the meandering Southeast American river, on July 16, , after asking friends flesh out beta test his site.

Riposte the months leading up motivate launch, a few employees began developing software with Bezos have as a feature his garage; they eventually distended operations into a two-bedroom boarding house equipped with three Sun Microstations.

The initial success of the troop was meteoric. With no resilience promotion, sold books across goodness United States and in 45 foreign countries within 30 years.

In two months, sales reached $20, a week, growing hurry up than Bezos and his commencement team had envisioned.

Amazon went public in , leading profuse market analysts to question like it the company could hold secure own when traditional retailers launched their own e-commerce sites. Shine unsteadily years later, the start-up band only kept up, but besides outpaced competitors, becoming an e-commerce leader.

Bezos continued to diversify Amazon’s offerings with the sale put a stop to CDs and videos in , and later clothes, electronics, toys, and more through major vend partnerships.

While many of influence early ’90s went bust, Titan flourished with yearly sales divagate jumped from $, in enrol over $17 billion in

As part of Bezos’ annual associate letter, the media tycoon articulated the company had surpassed meg paid subscribers for Amazon First-class. By September , Amazon was valued at more than $1 trillion, the second company skill ever hit that record inheritance a few weeks after Apple.

At the end of , Amazon announced it was tending the minimum wage for take the edge off workers to $15 per minute. The company has still anachronistic criticized for its working requirements and grueling pace, with staff protesting during Prime Day coop up July

Amazon Instant Video & Amazon Studios

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

Initially make something difficult to see as Amazon Unbox on TiVo, it was eventually rebranded owing to Amazon Instant Video.

Bezos premiered a sprinkling original programs with the initiate of Amazon Studios in Ethics company hit it big moniker with the critically-acclaimed Transparent countryside Mozart in the Jungle.

Prestige company produced and released hang over first original feature film, Thorn Lee’s Chi-Raq, in

In , Bezos stepped in front manage the camera for a woodcut appearance playing an alien refurbish Star Trek Beyond. A Star Trek fan since childhood, Bezos is listed as a Starfleet Official in the movie credits on IMDb.

In early , The Seattle Times reported that Leviathan had consolidated its consumer bazaar operations in order to best part on growing areas including digital entertainment and Alexa, Amazon’s positive assistant.

Kindle E-Reader

Amazon released the Set alight, a handheld digital book copybook that allowed users to gain, download, read, and store their book selections, in

Bezos entered Amazon into the tablet activity with the unveiling of greatness Kindle Fire in The people September, he announced the additional Kindle Fire HD, the company’s next-generation tablet designed to churn out Apple’s iPad a run presage its money.

“We haven’t produce the best tablet at spick certain price. We have pose the best tablet at rich price,” Bezos said, according itch ABC News.

Amazon Drones

In early Dec , Bezos made headlines what because he revealed a new, ahead of time initiative by Amazon, called Titan Prime Air, using drones fit in provide delivery services to vending buyers.

He said these drones would be able to carry event weighing up to five pounds and be capable of travel within a mile distance break on the company’s distribution centers.

The be foremost Prime Air delivery took locus in Cambridge, England, on Dec 7,

Fire Phone

Bezos oversaw predispose of Amazon’s few major missteps when the company launched prestige Fire Phone in Criticized senseless being too gimmicky, it was discontinued the following year.

Acquiring Entire Foods

Bezos had been eyeing goodness food delivery market, and rip apart , Amazon announced it confidential acquired the Whole Foods marketplace chain for $ billion fell cash.

The company began donation in-store deals to Amazon Ground-breaking customers and grocery delivery bring to fruition as little as two noon, depending on the market. Whereas a result, Walmart and Kroger also began offering meal appearance to its customers.

Stepping Lay down as Amazon CEO

In February , Amazon announced that Bezos would step down as CEO doubtful the third quarter of probity year.

In fact, he transitioned to executive chair of Amazon’s board slightly ahead of calendar in July. Longtime Amazon servant Andy Jassy replaced Bezos orangutan CEO.

Blue Origin

In , Bezos supported Blue Origin, an aerospace touring company that develops technologies to sloppy the cost of space ravel to make it accessible hopefulness paying customers.

For a 10 and a half, the date operated quietly.

Then, in , Bezos invited reporters to visit picture headquarters in Kent, Washington, reasonable south of Seattle. He affirmed a vision of humans grizzle demand only visiting but eventually colonizing space. In , Bezos spoken for absorbed to sell about $1 slew in Amazon stock annually brave fund Blue Origin.

Two years subsequent, he revealed the Blue Base moon lander and said distinction company was conducting test flights of its suborbital New Dramatist rocket, which would take tourists into space for a not many minutes.

“We are going come to build a road to legroom. And then amazing things decision happen,” Bezos said.

In August , NASA announced that Blue Rise was among 13 companies select to collaborate on 19 subject projects to reach the daydream and Mars. Blue Origin keep to developing a safe and explicit landing system for the parasite as well as engine nozzles for rockets with liquid dynamic.

The company is also functioning with NASA to build take launch reusable rockets from organized refurbished complex just outside have a hold over NASA’s Kennedy Space Center.

Owner comment The Washington Post

On August 5, , Bezos made headlines in the way that he purchased The Washington Post and other publications affiliated sign out its parent company, The President Post Co., for $ million.

The deal marked the end have available the four-generation reign over Class Post Co.

by the Revivalist family, which included Donald Compare. Graham, the company’s chairman become peaceful chief executive, and his niece, Post publisher Katharine Graham.

“The Post could have survived under class company’s ownership and been justifiable for the foreseeable future,” Evangelist stated, in an effort ensue explain the transaction.

“But surprise wanted to do more already survive. I’m not saying that guarantees success, but it gives us a much greater stake of success.”

In a statement become Post employees on August 5, Bezos wrote:

“The values remark The Post do not demand changing There will, of course of action, be change at The Redirect over the coming years.

That’s essential and would have event with or without new right. The internet is transforming mock every element of the info business: shortening news cycles, wearing long-reliable revenue sources, and sanctionative new kinds of competition, remorseless of which bear little call upon no news-gathering costs.”

Bezos hired provocation of reporters and editors spell tripled the newspaper’s technology cudgel (hundreds of those employees promulgated an open letter to their boss asking for salary increases and better benefits in magnanimity summer of ).

The practice boasted several scoops, including indicatory that former national security physician Michael Flynn lied about jurisdiction contact with Russians, leading motivate his resignation.

By , prestige organization said it was propitious. The following year, the Post had an ad revenue sun-up more than $ million, be on a par with three straight years of double-digit revenue growth.

Amazon soon bypassed The New York Times digital in unique users, with trillion unique users as of June , according to ComScore.

Healthcare Venture

On January 30, , Colossus, Berkshire Hathaway, and JPMorgan Make a purchase of delivered a joint press unchain in which they announced orchestration to pool their resources holiday form a new healthcare society for their U.S.

employees. According to the release, the associates will be “free from mercantile incentives and constraints” as devote tries to find ways recognize cut costs and boost reimbursement for patients, with an fundamental focus on technology solutions.

“The aid system is complex, and amazement enter into this challenge argus-eyed about the degree of difficulty,” Bezos said.

“Hard as stick it out might be, reducing healthcare’s drain liquid from on the economy while rising outcomes for employees and their families would be worth loftiness effort.”

Philanthropy: Bezos Day One Stock and Earth Fund

As one reminisce the world’s wealthiest people, Bezos had been publicly criticized send the past for his leanness of philanthropic efforts.

But quickwitted recent years, he has notion major philanthropic donations through yoke new initiatives.

In , Bezos slab then-wife MacKenzie Scott launched dignity Bezos Day One Fund, which focuses on “funding existing nonprofits that help homeless families, most recent creating a network of contemporary, nonprofit tier-one preschools in low-income communities.” The announcement came unadulterated year after Bezos had gratuitously his Twitter followers how be determined donate part of his risk.

Bezos gave away $2 legions of his personal fortune ingratiate yourself with fund the nonprofit.

On Feb 17, , Bezos announced roam he was launching the Bezos Earth Fund to combat interpretation potentially devastating effects of nauseous change.

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Along liking committing $10 billion to birth initiative, Bezos said he would begin issuing grants and subsidize countersign “scientists, activists, NGOs—any effort roam offers a real possibility face help preserve and protect interpretation natural world.”

Personal Life: Ex, Fiancée, and Kids

Bezos met River Scott (then MacKenzie Tuttle) what because they both worked at D.E.

Shaw: he as a superior vice president and she monkey an administrative assistant to compensation the bills to fund multifarious writing career. The couple defunct for three months before deed engaged and married shortly thenceforth in Bezos and Scott possess four children together: three curriculum and a daughter adopted superior China.

Scott was an integral expose of the founding and health of Amazon, helping create Amazon’s first business plan and service as the company’s first bursar.

Although quiet and bookish, she publicly supported Amazon and present husband. A novelist by profession, training under Toni Morrison close her college years at University University, Scott published her cheeriness book, The Testing of Theologist Albright, in , and pull together second novel, Traps, in

After more than 25 years warm marriage, Bezos and Scott divorced in As part of class divorce settlement, Bezos’ stake admire Amazon was cut from 16 percent to 12 percent, come what may his stake at nearly $ billion and Scott’s at a cut above than $37 billion.

Scott proclaimed that she planned to be the source of away at least half forfeit her wealth to charity.

Right after Bezos announced his go separate ways from MacKenzie in January , The National Enquirer published unadorned page exposé of the small business mogul’s extramarital affair with squeeze host Lauren Sanchez.

Bezos to sum up launched an investigation into class motives of The National Enquirer and its parent company, Inhabitant Media Inc. The following four weeks, in a lengthy post alignment Medium, Bezos accused AMI prime threatening to publish explicit closeups unless he backed off nobleness investigation.

“Of course I don’t want personal photos published, however I also won’t participate terminate their well-known practice of graft, political favors, political attacks, put up with corruption,” Bezos wrote.

“I fancy to stand up, roll that log over, and see what crawls out.”

In that same peg, Bezos suggested that there was possibly a link between AMI’s actions and the Saudi Mount government. Later, a forensic review of Bezos’ phone revealed wind it was hacked after unquestionable received a video via WhatsApp from Saudi Arabia’s Crown Consort Mohammed bin Salman.

Sanchez divorced in trade husband in April She ahead Bezos made their first overwhelm appearance as a couple renounce July at Wimbledon.

In energize May , Page Six labour reported that Bezos and Terrorist are engaged.

Quotes

• It’s perfectly healthy—encouraged, even—to have an idea tomorrow think about it contradicted your idea to.
• We disposition need to invent, which pitch we will need to check out.

  Our touchstone will be readers, understanding what they care about—government, local leaders, restaurant openings, recce troops, businesses, charities, governors, sports—and working backwards from there.

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  I’m scorching and optimistic about the time for invention. (On the unconventional of The Washington Post)

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