Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. "[89], In September 2000, Bezos founded Blue Origin, a human spaceflight startup. [298][299][300] Later that year, in November, Bezos announced $791M of donations to established, well-known groups, with $100M each going to Environmental Defense Fund, Natural Resources Defense Council, The Nature Conservancy, World Resources Institute and World Wildlife Fund, and the remainder going to 11 other groups. [245], In 1992, Bezos was working for D. E. Shaw in Manhattan when he met novelist MacKenzie Tuttle, who was a research associate at the firm; the couple married a year later. [47][48] With Bezos at the helm and Scott taking an integral role in its operationwriting checks, keeping track of the books, and negotiating the company's first freight contractsthe foundation was laid for this garage-run operation to grow exponentially. "[137] Select accounts of his persona have drawn controversy and public attention. [214] According to Quartz, his net worth of $150billion in July 2018 was enough to purchase the entire stock markets of Nigeria, Hungary, Egypt, Luxembourg, and Iran. "[153], During the late 2010s, Bezos reversed his reputation for being reluctant to spend money on non-business-related expenses. Bezos rose to be the 5th richest person in the world hours before market close; he gained $7billion in one hour. [151][bettersourceneeded] In May 2014, the International Trade Union Confederation named Bezos the "World's Worst Boss", with its general secretary Sharan Burrow saying: "Jeff Bezos represents the inhumanity of employers who are promoting the North American corporate model",[152] while in 2019, Harvard Business Review, which ranked Bezos the best-performing CEO for 4 years in a row since 2014, did not rank him even in the top 100, citing Amazon's "relatively low ESG (environment, social, and governance) scores" that reflect "risks created by working conditions and employment policies, data security, and antitrust issues. [46] He and his then-wife, MacKenzie Scott, left their jobs at D. E. Shaw and founded Amazon in a rented garage in Bellevue, Washington on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. [14] The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0km). WebThere is little chance that Jeff Bezos will slow down after stepping down as Amazon CEO. [7] The company has recruited prominent scientists such as Juan Carlos Izpisa Belmonte (known for work on rejuvenation through reprogramming), Steve Horvath (known for work in epigenetic aging clocks), and Shinya Yamanaka (the Nobel Prize-winning inventor of cellular reprogramming in mammalian cells). [169][170], Bezos first became a millionaire in 1997 after raising $54million through Amazon's initial public offering (IPO). [212] During March 9, Bezos earned $230,000 every 60 seconds. Sign up for free newsletters and get more CNBC delivered to your inbox. [287], In May 2017, Bezos gave $1million to the Reporters Committee for Freedom of the Press, which provides pro bono legal services for American journalists. The Raptors Global Ambassador Drake cheers on the team as the Toronto Raptors beat the Philadelphia 76ers 101-96 at the Scotiabank Arena in Toronto. [24] Jeff attended River Oaks Elementary School in Houston from fourth to sixth grade. His one line consisted of a response to an alien in distress: "Speak Normally." [142] Bezos has been characterized as a notoriously opportunistic CEO who operates with little concern for obstacles and externalities. [101] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution. As journalist Brad Stone revealed in his book The Everything Store, Bezos issued remarks to his employees such as "I'm sorry, did I take my stupid pills today? [203] Bezos was officially ranked as the third-wealthiest person in the world, up from the 5th spot in 2016. [202] When the 2017 list was issued, Bezos's net worth was registered at $72.8billion, adding $27.6billion from the previous year. Overtime raised $80 million in a Series C with investors including Bezos Expeditions, Drake and NBA stars including Devin Booker, Trae Young and Klay Thompson. Entrepreneur and world-renowned e-commerce pioneer Jeff Bezos is something of a household name these days. [7], The company left stealth mode and launched on January 19, 2022, with a start capital of $3 billion and an executive team led by Hal Barron. [27] Jeff would later purchase this ranch and expand it from 25,000 acres (10,117ha) to 300,000 acres (121,406ha). [247] Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and one daughter adopted from China. Won't Award Them", "FAA Commercial Human Spaceflight Recognition", "Bloomberg Billionaire Index Jeff Bezos", "Meet Altos Labs, Silicon Valley's latest wild bet on living forever", "This Is The Richest Person in the World", "Jeff Bezos Becomes The First Person Ever Worth $200 Billion", "Amazon CEO Jeff Bezos grows fortune by $24bn amid coronavirus pandemic", "Jeff Bezos to Step Down as Amazon C.E.O. Scream? As CBS Sports reported back in 2019, Bezos spent some time getting close with several owners back then and he had "strong support within the league" to become an owner at that point. [45][51] Three years after Bezos founded Amazon, he took it public with an initial public offering (IPO). [41][42], After Bezos graduated from college in 1986, he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. [52] In addition, he regarded "Amazon," the name of the world's largest river as fitting for what he hoped would become the world's largest online bookstore. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. [292] As part of this announcement, he committed to establishing the "Day 1 Families Fund" to finance "night shelters and day care centers for homeless families" and the "Day 1 Academies Fund" for early childhood education. As CBS Sports reported back in 2019, Bezos spent some time getting close with several owners back then and he had "strong support within the league" to become an owner at that point. Earlier this month, Jeff Bezos stepped down as the CEO of Amazon, the company he launched in 1994 as an online bookseller. [233], Bezos is the owner of the Y721, a luxury superyacht estimated to cost more than $500,000,000. Jeff Bezos ' girlfriend Lauren Snchez basically lived in a fishbowl in 2019 when it was first revealed that were dating while they each were still married to other people. On August 5, 2013, Bezos announced his purchase of The Washington Post for $250million in cash,[109] at the suggestion of his friend, Don Graham. A.J. [308], On November 22, 2022, Jeff Bezos awarded $123 million to organizations that are engaged in relocating homeless families to permanent housing. In addition, it is also reported that current Commanders Owner Daniel Snyder blocked Bezos from entering the private auction for the team even though Bezos said he wanted to participate. "I don't want to drag anybody around," he said . Although the crash was viewed as a setback, news outlets noted how far the company went from its founding-to-date in advancing spaceflight. [51] He favored diverting Amazon profits back into the company in lieu of allocating it amongst shareholders in the form of dividends. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. Changing His Eating Habits Turned Out To Be The Biggest Change. Watch Blue Origin Fly 'Mannequin Skywalker' to Space and Back", "Blue Origin plans growth spurt this year", "Jeff Bezos Says He Is Selling $1 Billion a Year in Amazon Stock to Finance Race to Space", "Jeff Bezos: Blue Origin Wants to Colonize the Solar System", "Jeff Bezos: 'We will have to leave this planet and it's going to make this planet better', "Exclusive: Jeff Bezos plans to charge at least $200,000 for space", "Washington Post to be sold to Jeff Bezos", "Jeff Bezos is buying The Washington Post. [77], Criticism of Amazon's business practices continued in September 2018 when Senator Bernie Sanders introduced the Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act and accused Amazon of receiving corporate welfare. We want to hear from you. [74] Amazon's share price fell by 9% in response to the President's negative comments; this reduced Bezos's personal wealth by $10.7billion. [236][115] Bezos treatment of employees at The Washington Post has also drawn scrutiny. Initially operating out of his garage, the companys first annual revenue was $510,000. [205] He unseated Bill Gates ($90billion), who was $6billion ahead of Warren Buffett ($84billion), ranked third. [79] This followed revelations by the non-profit group New Food Economy which found that one third of Amazon workers in Arizona, and one tenth of Amazon workers in Pennsylvania and Ohio, relied on food stamps. Amazon Bezos left D.E. He believes that work and home life are interconnected, informing and calibrating each other. Notably, journalist Brad Stone wrote a book that described Bezos as a demanding boss as well as hyper-competitive,[133][140] and opined that Bezos perhaps "bet the biggest on the Internet" than anyone else. [197] By the time the Forbes list was calculated in March 2016, his net worth was registered at $45.2billion. [237] In 2013, more than 400 Washington Post employees wrote an open letter to Bezos criticizing his poor wages and benefits for his employees. [163], He meets with Amazon investors for a total of only six hours a year. [100] Later in November, Blue Origin's New Shepard space vehicle successfully rocketed into space and reached its planned test altitude of 329,839 feet (100.5 kilometers) before executing a vertical landing back at the launch site in West Texas. "[81] He later said: "Bezos could play a profound role. Shaw in 1994 and moved to Washington State to start Amazon as an Internet bookstore. [92] Rob Meyerson led Blue Origin from 2003 to 2017 and served as its first president. [160] Journalist Walt Mossberg dubbed the idea that someone who cannot tolerate criticism or critique shouldn't do anything new or interesting "The Bezos Principle". Jeff Bezos saw his wealth slashed by $20 billion on Friday, cutting him to No. [22] Shortly after the wedding, Mike adopted four-year-old Jeff whose surname was then legally changed from Jorgensen to Bezos. [260] In 2012, he donated to Amazon's political action committee (PAC),[260] which has given $56,000 and $74,500 to Democrats and Republicans, respectively. [218], In 2019, Bezos's wealth was reduced by the divorce from his wife MacKenzie Bezos. [190] From 2005 to 2007, he quadrupled his net worth to $8.7billion. [284] In 2013, he pledged $500,000 to Worldreader, a non-profit founded by a former Amazon employee. [165][166] Bezos maintains the email address jeff@amazon.com[167] as an outlet for customers to reach out to him and the company. [201] His net worth surpassed $100billion for the first time on November 24, 2017, after Amazon's share price increased by more than 2.5%. [17] At the time of Jeff's birth, his mother was a 17-year-old high-school student and his father was 19 years old. [103] To execute this program, Blue Origin built six of the vehicles to support all phases of testing and operations: no-passenger test flights, flights with test passengers, and commercial-passenger weekly operations. [93], After its founding, Blue Origin maintained a low profile until 2006 when it purchased a large tract of land in West Texas for a launch and test facility. [32][33] While Jeff was in high school, he worked at McDonald's as a short-order line cook during the breakfast shift. [129][130], In September 2021, Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner. Retail [35] In his graduation speech, Bezos told the audience he dreamed of the day when mankind would colonize space. On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. The Amazon CEO Keeps His Beliefs to Himself", "What we know, and don't know, about Jeff Bezos' religious beliefs", "Amazon Chief Survives Helicopter Crash in Texas", "Amazon founder Jeff Bezos reveals Star Trek Beyond alien cameo", "Jeff Bezos, long known for guarding his privacy, faces his most public and personal crisis", "Amazon CEO Jeff Bezos and wife MacKenzie to divorce after 25 years of marriage", "Jeff and MacKenzie Bezos are getting divorced after 25 years of marriage", "Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorce", "Amazon's Jeff Bezos, wife, make $2.5million donation for gay marriage", "Amazon.com Contributions to Federal Candidates, 2012 cycles", "How to Understand Donald Trump's #AmazonWashingtonPost Tweet in 3 Easy Steps", "Slammed by Trump, Amazon's Jeff Bezos Chooses Silence", "Why Jeff Bezos Is Dumping Cash into Trump's Swamp", "Donald Trump called out Jeff Bezos on Twitter. [1/2] Sep 15, 2022; Kansas City, Missouri, USA; Amazon executive chairman Jeff Bezos in attendance before the Kansas City Chiefs play against the Los Angeles [262], After the 2016 presidential election, Bezos was invited to join Donald Trump's Defense Innovation Advisory Board, an advisory council to improve the technology used by the Defense Department. WebJeff Bezos Daily Routine, Workout & Diet. In March 2022, the NFL made a revolutionary move to deliver the Thursday Night Football media rights to Jeff Bezos streaming platform. WebFor the years he did pay federal income taxes between 2006 and 2018, Bezos paid a total of about $1.4 billion on a reported income of $6.5 billion, or a rate of about 21.5%. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Jeff Bezos (@JeffBezos) October 1, 2021 Since New Worlds launch on Tuesday , it has managed to reach a concurrent player count of over 800,000 players, Data is a real-time snapshot *Data is delayed at least 15 minutes. [73] Later in the month, U.S. President Donald Trump accused Amazon and Bezos, specifically of sales tax avoidance, misusing postal routes, and anti-competitive business practices. He is the founder and CEO of Amazon, owner of The Washington Post and founder of the space exploration company Blue WebOn Feb 21st, both Jones' jet and Bezos' jet landed at Princess Juliana Airport on the Island of St. Martin. [191] After the financial crisis and succeeding economic recession, his net worth would decrease to $6.8billiona 17.7% drop. ", "Are you lazy or just incompetent? Perez of FrontOfficeSports.com reports that Bezos remains in the mix. It is the world's largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch. [b], His wealth, in 201718 terms, equaled that of 2.7million Americans. [127][128] The engines are currently on display at the Seattle Museum of Flight. [259], According to public campaign finance records, Bezos supported the electoral campaigns of Patty Murray and Maria Cantwell, two Democratic U.S. senators from Washington. In March, the company made headlines when it announced Overtime Elite, a basketball league for 16-to-18-year-olds that allows them to earn at least $100,000 per year. Bezos started to wear tailored clothing; he weight trained, pursued a regimented diet and began to freely spend his money. WebJeff Bezos childhood. )", "America produced the largest number of billionaires in the world", "Jeff Bezos moves to top spot on Forbes' annual billionaires list", "Here's Why Jeff Bezos Is Not Truly The Richest Person in History", "Jeff Bezos Had a Record-Breaking One-Year Net Worth Jump", "Forbes Billionaires 2018: Meet The Richest People on the Planet", "Jeff Bezos world's first centibillionaire: Amazon boss' journey to beat Bill Gates to the top of Forbeslist", "Jeff Bezos Is Worth $112 Billion, Overtaking Bill Gates as the Richest Man in the World", "Bezos' Billions: The Wealth of a 'Centi-Billionaire', "Jeff Bezos Is Making an Insane $230,000 a Minute Right Now", "Here's How Much Amazon CEO Jeff Bezos Would Be Worth if He Never Sold a Single Share", "Jeff Bezos is rich enough to buy many of the world's stock markets outright", "Is Jeff Bezos's Massive Wealth Becoming a Problem? Whats more, the report also said that Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. Billionaire Amazon and Washington Post Owner Jeff Bezos has reportedly come up short in his bid to buy the Washington Commanders football team. Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. [71], In March 2018, Bezos dispatched Amit Agarwal, Amazon's global senior vice president, to India with $5.5billion to localize operations throughout the company's supply chain routes. [131], Journalist Nellie Bowles of The New York Times has described the public persona and personality of Bezos as that of "a brilliant but mysterious and coldblooded corporate titan". The Washington Post reported back then that Bezos was interested in buying the Seahawks. Jeff Bezos was born in Albuquerque, New Mexico, on January 12, 1964. He was raised largely in Houston, Texas, and moved to Miami, Florida, as a teenager. [112] In March 2014, Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S. local newspapers in Texas, Hawaii, and Minnesota. A local newspaper quoted his intention "to get all people off the earth and see it turned into a huge national park". Getty. Since that report from November 2019, Bezos' ties with the NFL have only grown. Got a confidential news tip? Bezos was a multi-billionaire who drove a 1996 Honda Accord. Their returns? [143], Throughout his early years of ownership of The Washington Post, Bezos was accused of having a potential conflict of interest with the paper. [91] The 18-year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion. Overtime's basketball league offers $100K salaries to teen players. [21] After his parents divorced, his mother married Cuban immigrant Miguel "Mike" Bezos in April 1968. It wasn't until 1998, a year after Amazon became a public company, that Bezos became a billionaire. twitter Vote 3 Related Topics NFL Professional football Professional sport Football Sports 3 comments Best Add a Comment Zac_Anarumo 4 min. [99], In 2015, Bezos announced that a new orbital launch vehicle was under development and would make its first flight in the late-2010s. [137], Bezos uses the term "worklife harmony" instead of the more standard "worklife balance" because he believes that balance implies that you can only have one and not the other. ago The conversation was a lot more depressing than what you imagine r/SCP Join 3 yr. ago During that time, Amazon was just coming into its own by selling CDs online. [293][294], In January 2018, Bezos made a $33million donation to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors. Bezos has been interested in becoming an NFL owner for at least four years. Does Jeff Bezos Own a Sports Team? From being spotted at the Super Bowl to sharing drinks with NFL team owners, Jeff Bezos seems to love sports, but does he own his own team? No, Jeff Bezos does not own a sports team. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. TheAthletic.com also reports that Bezos has been prevented from bidding on the team No. [92][248] Bezos and MacKenzie have not disclosed their religious status. ", "Bezos Not Concerned About Competition, Possible ULA Sale", "Jeff Bezos lifts curtain on Blue Origin rocket factory, lays out grand plan for space travel that spans hundreds of years", "Jeff Bezos says he wants to fly into space 'as soon as possible', "Later, Vader! [216] On July 17, 2018, he was designated the "wealthiest person in modern history"[c] by the Bloomberg Billionaires Index,[219] Fortune,[220] MarketWatch,[221] The Wall Street Journal,[222] and Forbes. [121][122], Bezos also supports philanthropic efforts through direct donations and non-profit projects funded by Bezos Expeditions. "I don't want to drag anybody around," he said . Day 1 Families Fund grants, the amounts of which vary in monetary terms, will be sent to 40 organizations across the country.[309]. We Have 4 Guesses", "Jeff Bezos to fund schools where 'child will be the customer' with new charity", "Jeff Bezos to Create $2 Billion Fund for Homeless, Preschools", "Jeff Bezos Unveils Multibillion-Dollar Plans For Charitable Giving", "Jeff Bezos donates $33million to scholarship fund for 'dreamers', "Backed by Bill Gates and Jeff Bezos, Breakthrough Energy Ventures places first bets on power storage", "Jeff Bezos donates $10million to organization that helps veterans run for office", "Amazon founder Jeff Bezos commits $10bn to fight climate change", "Jeff Bezos: World's richest man pledges $10bn to fight climate change", "Bezos Earth Fund announces first grants totaling $791M of his $10B pledge to help planet", "Bezos Earth Fund gives nearly $800 million to climate groups in first round of grants", "Jeff Bezos names first recipients of his $10 billion Earth Fund for combating climate change", "Twitter boss pledges $1bn for coronavirus relief", "Why Jeff Bezos's $100 million donation to food banks won't satisfy his critics", "Jeff Bezos Pledges $2B for Nature Conservation as World Leaders Address Deforestation, Emissions", Jeff Bezos's tuition-free preschool is expanding to new locations in Texas and Florida. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [269] Controversy over this was raised when General James Mattis accepted a headquarters tour invitation from Bezos and co-ordinated the deal through Sally Donnelly, a lobbyist who previously worked for Amazon. The company formally launched on July 16, 1995. [137][138][139], Bezos was seen by some as needlessly quantitative and data-driven. Forensic analysis of Bezos's mobile phone conducted by advisory firm FTI Consulting, concluded it "highly probable" that the hack was achieved using a malicious file hidden in a video sent in a WhatsApp message to Bezos from the personal account of the crown prince on May 1, 2018. [276][277], In March 2018, Bezos met in Seattle with Mohammad bin Salman, the crown prince and de facto ruler of Saudi Arabia, to discuss investment opportunities for Saudi Vision 2030. In September 2016, Bezos received a $250,000 prize for winning the Heinlein Prize for Advances in Space Commercialization, which he donated to the Students for the Exploration and Development of Space. [98] He has been compared to Branson and Elon Musk as all three are billionaires who prioritize spaceflight among their business interests. [87] On February 2, 2021, Bezos sent an email[88] to all Amazon employees, telling them the transition would give him "the time and energy [he] need[s] to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions. Then Bezos called his bluff", "Why Amazon's collaboration with the CIA is so ominous and vulnerable", "DoD's $10B cloud contract comes under protest 11 days after final RFP", "Microsoft wins Pentagon's $10bn cloud computing contract", "Amazon suing Pentagon over $10B cloud contract, alleging 'bias', "Pentagon cancels $10 billion JEDI cloud contract that Amazon and Microsoft were fighting over", "Amazon Pushes ICE to Buy Its Face Recognition Surveillance Tech", "Amazon's growing spending on Seattle politics includes a spate of donations from Jeff Bezos' 'S Team', "Jeff Bezos donates $100M to the Obama Foundation in honor of Congressman John Lewis", "Jeff Bezos donates to Obama Foundation in honor of John Lewis", "Saudi crown prince meets Amazon CEO Jeff Bezos in Seattle", "Saudi Arabia 'hacked Amazon boss's phone', says investigator", "Jeff Bezos hack: Amazon boss's phone 'hacked by Saudi crown prince', "Jeff Bezos hack: Saudi Arabia calls claim 'absurd', "Fred Hutch receives $35million donation, largest ever, from Bezos family", "Amazon CEO Jeff Bezos and family donate $20M to Fred Hutchinson Cancer Research Center", "Jeff Bezos is the richest man in modern history here's how he spends on philanthropy", "Unanswered questions about Jeff Bezos' new $2billion philanthropic fund", "Jeff Bezos just gave $1million to the Reporters Committee for Freedom of the Press", "Jeff Bezos wants to give more money to charity. [69] Due to the growth of Alibaba in China, Bezos has often expressed interest in expanding Amazon into India. [11] He further expanded his residential holdings in February 2022, purchasing a $16.13-million-dollar apartment at a 24-story boutique condominium, located across from Madison Square Park in the Flatiron neighbourhood, where he already owns all the units on the top floors. [51] In late 2002, rapid spending from Amazon caused it financial distress when revenues stagnated. [39], Bezos portrayed a Starfleet official in the 2016 movie Star Trek Beyond, and joined the cast and crew at a San Diego Comic-Con screening. [281][282] Saudi Arabia has denied the claim. WebHow did Jeff Bezos get rich? [297], In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. Khashoggi, a Saudi journalist and dissident was employed as a writer at the Washington Post, owned by Bezos. [240][241] Later, Bezos published an online essay on February 7, 2019, in which he accused American Media, Inc. owner David Pecker of "extortion and blackmail" for threatening to publish intimate photos of Bezos and current girlfriend Lauren Snchez[242] if he did not stop his investigation into how his text messages and other photos had been leaked to the National Enquirer. [140][141] This perception was detailed by Alan Deutschman, who described him as "talking in lists" and "[enumerating] the criteria, in order of importance, for every decision he has made. Amazon founder Jeff Bezos and music industry star Drake are investing in Overtime as part of a new $80 million round of funding for the sport startup, which is Sports media company Overtime has secured an $80 million fundraising round with investors including Jeff Bezos' investment firm, global entertainer Drake, Reddit co-founder Alexis Ohanian and several National Basketball Association players. Jeff Bezos will officially step down as Amazon CEO on Sunday. That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. [289][290] A year later in June, he tweeted that he would announce two philanthropic foci by the end of summer 2018. Who Will Win? Get this delivered to your inbox, and more info about our products and services. [227], In June 2019, Bezos purchased three adjoining apartments overlooking Madison Square Park in Manhattan, including a penthouse, for a combined total of US$80million, making this one of the most expensive real estate purchases within New York City in 2019. In 2016, Bezos allowed select journalists to visit, tour, and photograph his facility. [102], In December 2017, New Shepard successfully flew and landed dummy passengers, amending and pushing its human space travel start date into late 2018. No, Jeff Bezos does not own a sports team. [188] He lost $500million the following year, which brought his net worth down to $1.5billion. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. Jeffs mother and father were was only 17 and 19 when he was born. [206] He is considered the first registered centi-billionaire (not adjusted for inflation). [19] After completing high school despite challenging conditions, Jacklyn attended night school while bringing Jeff along as a baby. [275], On November 22, 2021, Jeff Bezos donated $100million to the Obama Foundation to "help expand the scope of programming that reaches emerging leaders", and requested the Obama Presidential Center's plaza to be named after John Lewis. Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. [58] After the company nearly went bankrupt, he closed distribution centers and laid off 14% of the Amazon workforce. [120] In January 2018, an announcement was made concerning Bezos's role within a new, unnamed healthcare company. All Rights Reserved. "[82] Sanders's efforts elicited a response from Amazon which pointed to the 130,000 jobs it created in 2017 and called the $28,446 figure for its median salary "misleading" as it included part-time workers. [51], In 1998, Bezos diversified into the online sale of music and video, and by the end of the year he had expanded the company's products to include a variety of other consumer goods. Bezos not only invested in the real estate startup's seed round in 2021, but he doubled down on that investment during the company's series A last year. Mind-boggling", "If You Invested in Amazon at Its IPO, You Could Have Been a Millionaire", "The electricity metaphor for the web's future", "How Jeff Bezos was selected for, but never joined, the Defense Innovation Board", "Bezos Jeffrey P.: Insider Trading Transactions", "Amazon posts quarterly profit of $1.9billion, its highest ever", "Bezos is putting $1billion a year into rocket-maker Blue Origin by selling Amazon stock", "Billionaire Jeff Bezos Will Star in Amazon's Super Bowl Ad", "Amazon posts largest profit in its history on sales, tax boost", "After losing China, Jeff Bezos really wants to win in India", "Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion", "Five Things You Need to Know to Start Your Day", "Forget Zuckerberg: Why Trump Is "Obsessed" with Breaking Bezos", "The World's Richest Man Just Lost $10.7 Billion as Trump Tweets About Amazon", "Why a Trump-Led Antitrust Case Against Amazon Is a Long Shot", "Congress demands Jeff Bezos explain Amazon's face recognition software", "Bernie Sanders introduces 'Stop BEZOS Act', "Bernie Sanders introduces 'Stop BEZOS' bill to tax Amazon for underpaying workers", "Bernie Sanders's BEZOS bill takes aim at how Amazon pays workers", "Bernie Sanders targets Amazon, Walmart with 100% tax", "What the Bernie Sanders Amazon welfare fight is really about", "Amazon to raise minimum wage to $15 for all U.S. workers", "Why Amazon really raised its minimum wage to $15", "Amazon.com Announces Financial Results and CEO Transition", "NBC News reports Jeff Bezos' intention to stand down as CEO of Amazon in the third quarter of 2021", "Former Blue Origin president Rob Meyerson leaves Jeff Bezos' space venture", "Buzz in West Texas is about Jeff Bezos space craft launch site", "Jeff Bezos Owns the Web in More Ways Than You Think", "Taking the long view: Jeff Bezos, the founder and chief executive of Amazon, owes much of his success to his ability to look beyond the short-term view of things", "Unplugged: Richard Branson's otherworldly space quest", "Three Billionaires Are Racing to Space.

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