Jeff Bezo’s Net Worth 2020

Jeff Bezo’s Net Worth 2020

Capital: € 98.1 billion
Age: 56
Born: 01/12/1964
Country of origin: United States of America
Source of wealth: Entrepreneurs
Last updated: 2020

Short introduction

Jeffrey “Jeff” Preston Bezos is an Entrepreneur and American-famous American investors. He was famous for establishing an Amazon online letter order company and was still active there as CEO. Bezos has a fairly large asset and is a multi-billionaire. According to Forbes magazine, assets nearly $ 100 billion, he is currently the richest person in the world. Jeff Bezos married Mackenzie Bezos from 1993 to 2019 and had a total of four children, one of which was adopted from China. Bezos currently lives in a relationship with the Presenter Lauren Sanchez.

Early life

Jeff Bezos was born in 1964 under the name Jorgensen in Albuquerque City in the state of New Mexico. His parents Jacklyn Gise Jorgensen and Ted Jorgensen divorced earlier after Jeff was born. Shortly after divorce, his mother married Bezos Miguel Cuba and adopted his last name. The three families then moved to Houston City, where Jeff Miguel’s stepfather began work with the Exxon oil company. Jeffrey Bezos attended the Oaks Elementary School in Houston before moving to Miami. There, young Jeff graduated from Miami Palmetto Middle School. From 1982 to 1986 he studied electrical engineering and computer science at Princeton University. Jeff completed both courses with the top signs and thus got a science scholar (B. SC). After his first experience in the professional world, with Taiwan Fitel cellphone company and the company’s New York asset management company trusted and de Shaw & Co., Jeff, along with his business partner, David E. Shaw, appeared with the idea of ​​a message of online letters for books and thus putting The basis for the company amazon.

Career

In 1994 Bezos was separated from Shaw’s business partners and further developed the idea of ​​orders for online letters for books. He founded the company Amazon.com Inc. It is important to name the company Bezo that his name starts with letter a, the first letter of the alphabet. The Amazon name is based on a great Amazon River, the flow must symbolize the force to come from its own company. One year after the company was established, Jeff invited around 300 friends and acquaintances to present their work to them. Amazon sells books to all states and 45 other countries in the first month after being established. In the second month, the company has produced $ 20,000 a week and is known by most of the public because of its financial success. The country’s special website was first online in 1998, and less than a year later, total sales of more than $ 1 billion. Strangely, Amazon still makes losses to date. Because of the beginning of the company, the loss was $ 300 million and not until 2002 that Amazon received a profit. In 2000 Bezos established a private space company originating from blue. Bezos acquired a Washington Post newspaper for $ 250 million. This investment and others are managed by the expedition of Bezos.

Career spotlight.

In 2012, Amazon had sales of $ 61.1 billion and the value of one share in 2013 was $ 200 per share. During his career, Bezos was awarded several prizes. Among other things, he was named “people from year” by Time Magazine in 1999 and “Entrepreneurs this year” by Fortune magazine in 2012. In 2017 Bezos was appointed in the “Logistics Hall of Fame” and the following year he was Accept Springer Award.

Famous quotes

“I think economy encourage innovation, just like other obstacles. One of the only ways to get out of a tight box is to create your way out.”
-Jeff Bezos.

“There are two types of companies; those who work to try to charge more and those who work less. One will be the second.”
-Jeff Bezos.

Success tips

The success of Jeff Bezo did not come from anywhere, as one of the most successful entrepreneurs and the richest person in the world he had some wisdom for success. Among other things, Bezos claims that if you act competitively rather than paying attention to what competitors do and focus on customer orientation, you can do pioneer work. Successful entrepreneurs also have the right words ready for people who cannot tolerate criticism. Bezos explained very simply that those who could not tolerate criticism should not create something new or interesting.

Net Worth 2020

As of 2020, his estimated net worth is around US$ 201.8 billion

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