Jeff Bezos

Jeff Bezos
Jeff Bezos at Amazon Spheres Grand Opening in Seattle - 2018 (39074799225) (cropped).jpg
Bezos at the opening of Amazon Spheres in Seattle, January 2018
Jeffrey Preston Jorgensen

(1964-01-12) January 12, 1964 (age 57)
EducationPrinceton University (BSE, EECS, 1986)
  • Businessman
  • Media proprietor
  • Investor
  • Computer engineer
Years active1986–present
Net worthIncrease US$197 billion (As of 12 April 2021)[1]
TitleFounder, CEO, President and Chairman of Amazon
(m. 1993; div. 2019)
Partner(s)Lauren Sánchez (2019–present)[2]
Jeff Bezos signature.svg

Jeffrey Preston Bezos (/ˈbzs/ BAY-zohss;[3]Jorgensen; born January 12, 1964)[4] is an American internet entrepreneur, industrialist, media proprietor, and investor. Bezos is the founder and CEO[a] of the multi-national technology company Amazon. He is the richest person in the world according to the Bloomberg L.P. Bloomberg Billionaires Index.[1]

Born in Albuquerque and raised in Houston and later Miami, Bezos graduated from Princeton University in 1986. He holds a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Bezos founded Amazon in late 1994, on a cross-country road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a wide variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence. It is currently the world's largest online sales company, the largest Internet company by revenue, and the world's largest provider of virtual assistants[6] and cloud infrastructure services through its Amazon Web Services branch.

Bezos founded the aerospace manufacturer and sub-orbital spaceflight services company Blue Origin in 2000. Blue Origin's New Shepard vehicle reached space in 2015, and afterwards successfully landed back on Earth. The company has upcoming plans to begin commercial suborbital human spaceflight.[7] He also purchased the major American newspaper The Washington Post in 2013 for $250 million, and manages many other investments through his Bezos Expeditions venture capital firm.

The first centibillionaire on the Forbes wealth index,[8] Bezos was named the "richest man in modern history" after his net worth increased to $150 billion in July 2018.[9] In August 2020, according to Forbes, he had a net worth exceeding $200 billion.[10] In 2020 during the COVID-19 pandemic, Bezos's wealth grew by approximately $24 billion.[11]

On February 2, 2021, Bezos announced that he would step down as the CEO of Amazon sometime in the third quarter of 2021, and transition into the role of executive chairman. He is due to be replaced as CEO by Andy Jassy, the chief of Amazon's cloud computing division.[12][13]

  1. ^ a b "Bloomberg Billionaire Index: Jeff Bezos". Bloomberg L.P. Archived from the original on March 3, 2021. Retrieved April 9, 2021.
  2. ^ Stone, Brad (February 2, 2021). "Jeff Bezos Walks Through a One-Way Door, Opening a New Age for Amazon". Bloomberg Media. Archived from the original on February 3, 2021. Retrieved February 4, 2021.
  3. ^ "Jeff Bezos pronounces his name". The Washington Post. 2009. Archived from the original on January 10, 2019. Retrieved August 17, 2013.; and Robinson (2010), p. 7.
  4. ^ "UPI Almanac for Sunday, Jan. 12, 2020". United Press International. January 12, 2020. Archived from the original on January 13, 2020. Retrieved June 27, 2020. … founder Jeff Bezos in 1964 (age 56)
  5. ^ Cite error: The named reference StillCEOTillThirdQuarter was invoked but never defined (see the help page).
  6. ^ "Unveiling Business Strategy: Amazon". Analytics Insight. November 10, 2019. Archived from the original on December 12, 2019. Retrieved December 12, 2019.
  7. ^ Sheetz, Michael (January 23, 2019). "Blue Origin successfully launches experiments for NASA as Bezos's space company nears first human flights". CNBC. Archived from the original on November 7, 2019. Retrieved December 12, 2019.
  8. ^ "The centibillionaire club is expanding". The Irish Times. March 21, 2013. Retrieved September 29, 2020.
  9. ^ "This Is The Richest Person in the World". Forbes. 2019. Archived from the original on March 4, 2019. Retrieved March 19, 2019.
  10. ^ Ponciano, Jonathan. "Jeff Bezos Becomes The First Person Ever Worth $200 Billion". Forbes. Archived from the original on August 26, 2020. Retrieved August 27, 2020.
  11. ^ Evelyn, Kenya (April 15, 2020). "Amazon CEO Jeff Bezos grows fortune by $24bn amid coronavirus pandemic". The Guardian. Archived from the original on April 15, 2020. Retrieved April 15, 2020.
  12. ^ Weise, Karen (February 2, 2021). "Jeff Bezos to Step Down as Amazon C.E.O." The New York Times. Retrieved February 2, 2021.
  13. ^ Gartenberg, Chaim (February 2, 2021). "Amazon will have a new CEO as Jeff Bezos transitions to executive chair later this year". The Verge. Retrieved February 2, 2021.

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