Jeff Bezos Net Worth

There is no question that Jeff Bezos, founder and CEO of Amazon, has a net worth of over $100 billion. This figure has been updated as of June 2017.

Â Jeffrey Bezos, the CEO of Amazon & founder of Blue Origin, the private aerospace firm, now sits at the top ofÂ the world’s rich list. His wealth has increased by around $10 billion to $131 billion in a period of just four months.

Bezos is the founder and CEO of Amazon. This company is one of the largest and most successful online marketplace.

Bezos’s net worth increased by $3.4 billion in the past one week and has a net worth of $112 billion. Meanwhile, Bill Gates’ net worth dropped by $1.8 billion in the same time period as he fell below $92 billion.

Jeff Bezos – Key Facts

Early Life

Jeff Bezos was born on the 12th January 1964, in Albuquerque, New Mexico, to an aerospace engineer father, and a school administrator mother. He has three sisters.

Jeff was born in Albuquerque, New Mexico, and he attended high school at the nearby Santa Fe Preparatory School. His father was a general manager for the Santa Fe Trail Oil Company’s Santa Fe Basin Division. He and his brother, Sam, were the first of their family to graduate from college.

Bezos’ interests in scientific fields were displayed when he rigged an electric alarm to keep his younger siblings out of his room.

[2]: There are four billion people, according to Bezos’ calculation, in the world.

In 2013, Jeff attended the University of Florida, where he received a BS in Physics and a MS in Physical Chemistry.

Career

Jeff had worked for an investment firm in New York. Then, he went to work for a company in the field of computer science and built a network for international trade.

While he was at Shaw, he was responsible for creating all of the product documentation, and then he went on to help create the original documentation for the new stock market trading platform.

By 1998, he founded his own company, called Amazon.com, which got its start selling used books. In 2000, it became an online marketplace for all kinds of products.

Amazon started as a book retailer and the founder of the company, Jeff Bezos, decided to take the risk and started a new company called Amazon in his home town of Seattle, Washington back in 1994.

A man known for his business sense, Bill Gates was a multi-billionaire who founded Microsoft.

At the time, the Amazon founder’s net worth reached $150 billion. However, this was after his divorce from his marriage to MacKenzie Bezos, who received a large amount of Amazon stock as a result of the divorce, coincidentally making her one of the richest women in the world.

It’s the divorce I’m having the most trouble with.

It’s estimated that Jeff Bezos will be worth $200 Billion by 2025 due to the company’s increasing market valuation.

How does Jeff Bezos spend his money?

I’m not rich, but I work hard. I have a house. People have given me awards. I’m nice to my workers. I’m a good neighbor. I’m a good human being.

The three linked apartment units in Manhattan’s Century building [Source] are being valued at at least $17 million.

Bezos sent a letter to Washington in 2013, when the engines were found on the bottom of the oceans, and asked for help. He also sent the letter to the then-current American president, Barack Obama.

Bezos owns a $65 million private jet, the Gulfstream G650ER. Bezos Expeditions has invested over $5 million in businesses including Basecamp, Juno Therapeutics, and Workday, and it is the largest single shareholder in Square.

The total estimated value of Amazon is $100 billion. This is based on the average of Amazon’s market cap of $98 billion and the $11.9 billion (at least as of June 2018) market cap of Bezos Expeditions.

In 2017, Bezos gave $35 million to Seattle’s Fred Hutchinson Cancer Research Center and $1 million to the Reporters Committee for Freedom of the Press.

Highlights

The founder of Amazon bought his first share of the company in a partnership with an entrepreneur who had previously had an investment in the company.

Favorite Jeff Bezos Quotes

When you’re willing to be misunderstood, you’re willing to be unpopular. When you’re willing to be unpopular, you’re going to have to take some calculated risks. And when you’re taking calculated risks, you’re likely to fail in the beginning, sometimes for years. But, when you’re willing to fail, you’re going to learn the most about how to succeed.

“I want to get out of this tight box created by this company. I will invent my own way out.”

I’m starting to get a feel for things and feel like I’m starting to get there.

I’m now thinking in terms of what I need to do and what kind of tools I need to learn to start coding.

When you have a shiny, you make decisions that may not be right for your company because you can’t see the bigger picture. When you are shiny, you stop being a company.

If you don’t understand the details of your business you are going to go bankrupt.

Jeff Bezos was a genius! He was smart enough to realize that people would rather have Amazon than books.

3 Key to Success from Jeff Bezos

Don’t give up on your goals and dreams, even if you face a lot of challenges and adversity.

1. Prepare to Fail

Bezos wasn’t expecting Amazon to succeed when he first created Amazon.com. Back then, the online game was very new, and the security of such was uncertain. Bezos took a risk, and he knew that there was a great chance that Amazon wouldn’t succeed.

He ended up winning the championship.

2. Play the Long Game

With the early days of Amazon, Bezos wanted to make money for his investors but was not sure about making it happen.

It wasn’t easy to become profitable – there was a lot of hard work, hard decisions, and not a lot of profit, but Bezos saw the long game when it comes to building a business, and he’s still focused on that now.

3. Start Small, Then Diversify

Amazon sells books, music, video and games, groceries, apparel and electronics, toys, and household items too. So many, in fact, that there is literally more stuff for sale on the company’s website than you can shake a stick at.

There is no need to begin with what you know, you just need to go somewhere and learn it!