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When Did Jeff Bezos Become A Millionaire? Net Worth, Business Brand, Bio, And More

Jeff Bezos is Amazon’s founder. On July 5, 2021, he announced his resignation as the company’s CEO. The founder and CEO of Amazon Web Services (AWS), Andy Jassy, has been promoted to the position of CEO of Amazon. The first individual to ever amass a $200 billion fortune is Jeff Bezos. 

Jeff Bezos Biography

Jeff’s father owned a bike business. His mother was only 17 years old and a high school student when he was born. After their separation in 1968, his mother married Miguel Mike Bezos, a Cuban immigrant. 

Bezos attended River Oaks Elementary School in Houston from the fourth through sixth grades. It is after the family relocated to Texas. Florida’s Miami Palmetto High School was where Bezos attended. After completing his summa cum laude, he graduated from Princeton University. It is with a Bachelor of Science in Engineering (BSE) in electrical engineering and computer science in 1986. On January 12, 1964, Jeff Bezos was born. His native is in Albuquerque, New Mexico, in the United States. The year 2022 marks his 58th birthday.

Jeff Bezos's Biography

Jeff Bezos’s Net Worth

Jeff Bezos’s net worth is $200.3 billion as of 2021. After starting as a book store, Amazon grew to offer a wide range of products and services to customers around the world. This helped it reach $100 billion in annual sales in record time. Today, the company is valued at about $1.6 trillion.

Yahoo Finance says that Bezos owns 49.9 million Amazon shares right now, which is about 10% of all outstanding shares. He gave his ex-wife 19.8 million shares as part of the divorce settlement. In the past year or so, he has also cashed out hundreds of thousands of shares and given away almost 5,000 shares.

Jeff Bezos Business Brands

In 1994, Jeff Bezos founded the world’s largest online retailer, Amazon. However, the entrepreneur owns businesses in several sectors. Over the years, Amazon has purchased several of these businesses. But some have also benefitted from direct investments made by Bezos.

Amazon is a consumer-focused e-commerce platform. It offers a diverse range of services, including e-commerce, cloud computing, advertising, streaming, and more. Over time, Amazon bought several sectors. Shopbop, Audible, ComiXology, Fabric.com, IMDb, PillPack, Twitch, Whole Foods Market, and Woot are just a few online retailers, and Zappos are just a few of Amazon’s 12 subsidiaries.

Jeff Bezos Family

Ted Jorgensen is Jeff Bezos’s father. Jacklyn Gise Jorgensen is his mother. Jeff’s father worked as a circus performer. His father was unable to maintain his position for very long due to his alcoholism. Due to his father’s drinking problems, Jeff’s parents split when he was only three years old. The stepbrother of Jeff Bezos is Mark Bezos.

Jeff Bezos Wife

While working for D. E. Shaw in Manhattan in 1992, Jeff Bezos met the author, MacKenzie Tuttle. After one year, they got married. The pair relocated to Seattle, Washington. 

Jeff Bezos' Wife

 After a protracted separation, the pair declared their intention to divorce on January 9, 2019. On April 4, 2019, their divorce was legally finalized. After the couple’s divorce, Jeff Bezos still owns 75% of the shares in Amazon and the voting rights.

Jeff Bezos Enterprise World

Jeffrey Preston Bezos is an American businessman, media mogul, investor, and entrepreneur. Currently, it is the biggest internet sales company in the world. 

Jeff Bezos Rivalries

Elon Musk, the CEO of Tesla and SpaceX, and Jeff Bezos, the founder of Amazon and Blue Origin, have been feuding for more than 15 years. They’ve fought over their aspirations for space travel and publicly insulted one another. They even switched roles as the world’s richest people.

Jeff Bezos Achievements

Carnegie Mellon University gave me an honorary doctorate in science and technology to Bezos in 2008. Gregg Zehr and Jeff Bezos received an Innovation Award. It is for the Amazon Kindle from The Economist in 2011. Bezos was honored by Fortune as Businessperson of the Year in 2012.

He was presented with the Buzz Aldrin Space Exploration Award in recognition of his work with Blue Origin. The 2018 Axel Springer Award for Business Innovation and Social Responsibility was given in Germany. He was listed among the top 100 most important people in the world.

Jeff Bezos’s New Entities

The aerospace company Blue Origin was founded by Jeff Bezos in 2000. It is with the goal of expanding space travel through the use of reusable launch vehicles. On June 20, 2021, the Amazon entrepreneur launched into space in a historic suborbital flight on the New Shepard launch vehicle owned by his company, Blue Origin, and successfully landed on Earth. 

 

Jeff Bezos Kids

Jeff Bezos and MacKenzie Scott have three sons and one girl. Chinese adoption was the couple’s 1st adoption. Preston Bezos, his 20-years-old son, is his business partner.

Jeff Bezos' Kids

Jeff Bezos Lifestyle And More

Former Amazon CEO Jeff Bezos can afford to buy one of the most opulent and swift private jets. Bezos reportedly owns a Gulfstream G-650ER through his holding company, Poplar Glen. He reportedly spent US$65 million on the airplane.

Jeff Bezos had paid David Geffen US$ 165 million for the Jack Warner Estate. The sale set a new county record. Warner’s co-founder and former president

Jeff Bezos is the owner of a Medina estate. It is with a total area of nearly 2 hectares. It consists of two residences that total about 29,000 square feet. The property contains a boathouse and a 200-yard beachfront. The estate was purchased by the founder of Amazon in 1998. Bezos paid $10 million for it at the time. It underwent $28 million in renovations in 2010.

He spent US$16 million on a second apartment next to the condos in 2020. This apartment has three bedrooms, and three and a half bathrooms, and is approximately 3,000 square feet. He reportedly spent US$23 million on another apartment in the building.

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