Jeff Bezos his full name Jeffrey Preston Bezos born on January 12-1964, in Albuquerque, New Mexico, U.S. He is an American entrepreneur business magnet, Media proprietor, investor, computer engineer, and a commercial astronaut.
He is the founder Executive Chairman and Former CEO of Amazon.com, Inc. His Net worth of around $147 billion as of September 20-2022. Jeff Bezos is the 3rd reichest person slipped from second rank as per Bloomberg’s Billionaires Index 20th September 2022.
As we all know that after Bill Gates he was on the first rank in 2021 Billionaires List with net worth $159 Billion.
Bezos played a key role in the growth of e-commerce and online merchant of books and later a wide variety of products. Amazon became the largest online retailer in the World.
Early Life and Career
Jeff Bezos his full name Jeffrey Preston Bezos born on January 12-1964, Earlier his name was Jeffrey Preston Jorgensen son of Jacklyn and Theodore Jorgensen, Jeff’s mother was only 17 years old and a high school student when he was born and his was 19 years old. Jorgensen had ancestry from Denmark and baorn in Chicago to a family of Baptists. After completion of high school despite challenging condition, Jeff’s mother Jacklyn attended night school while bringing him along as a baby. At the age of two Jeff attended a Montessori school in Albuquerque, New Mexico. When Jeff was four-year-old his parent got divorced after that his mother married with Mike Bezos in April 1968. After wedding Mike has adopted four year old Jeff then his surname was legally changed Jorgensen to Bezos. When jeff’s family were in Houston he attended the River Oaks Elementary School there from fourth to six grade. Jeff attended Miami Palmetto High School when the family moved to Miami, Florida.
While he was in high school he had worked at McDonald’s as a short- order line cook during the breakfast shift.
From University of Florida he attended the Student the Science Training Program.
He was a Knight Silver Award winner in 1982, a National Merit Scholar and High School Valedictorian. Once in a Graduation speech, Bezos told the audience he dreamed of the day when human would colonize space.
In 1986 he graduated summa cum laude from Princeton University with a 4.2 GPA and a Bachelor of Science in engineering degree B.S.E in Electrical Engineering and Computer Science.
After Completion of graduation in 1986, Bezos was offered a job in Intel, Bell Labs, and Andersen Consulting. Bezos first worked at Fitel, a telecommunications fintech start-up, where he was worked for building a network for international trade. Thereafter he was promoted as head of development and director of customer service. He transitioned into the banking industry when he became a product manager at Bankers Trust for two years from 1988 to 1990.
In 1990 he joined a newly founded hedge fund with strong emphasis on mathematical modeling company name D.E Shaw & Co, and he worked there until 1994. Later on he became D.E Shaw’s fourth senior vice-president when he was only 30.
In 1993, Bezos establish an online bookstore, In 1994 he and his that time wife MacKenzie quit the job from D.E. Shaw and Founded Amazon in a rented garage in Washington after planning their business on a cross country they moved New York City to Washington to Seattle.
Initially the name was company founded by Bezos Cadabra but change the name to Amazon which is beginning of the alphabet, that time website listings as alphabetized so the name starting with alphabet first word “A” appear sooner while costumers online search for purchase.
The world largest online book store later on expended expanded the company’s products to include a variety of other products which costumer needed.
In November 2017 Bezos net worth first time crossed over $100 billion and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112 billion.
In September 2000, Blue Origin a human spaceflight startup was founded by Jeff Bezos. He has an interest in space travel and solar system for the human life development.
Blue Origin bought a launch site in Texas soon thereafter and planned to introduce a crewed suborbital spacecraft, In July 2018 it was announced that Bezos had priced commercial space flight tickets start from $200,000 to $300,000. His net worth was $112 B in 2018 making him the richest person in the world.
The Washington Post
In 2013, Bezos bought The Washington Post and affiliated publications for $250 million in 2013. Bezos made the first significant change at the Washington Post and lifted the online paywall for subscribers of a number of U.S local newspaper in Texas, Hawaii and Minnesota.
In 2016, Bezos renewed the newspaper as a media and technology company its digital media, mobile platforms and analytics software.
In September 2021, Bezos co-founded Altos Labs with Yuri Milner. Altos lab is generally a funded biotechnology company. The company has hired prominent scientists such as Juan Carloss Belmonte, Steve Horwath and Shinya Yamanaka they all are expert in epigenetic aging clock, inventor of cellular reprogramming in mammalian cells.
In January 19, 2022 the company left stealth mode and launched, with a start capital of $3 billion and an executive team led by Hal Barro.