jeff bezos net worth

Jeff Preston Bezos Net Worth – Chief Executive Officer of Amazon

Jeff Preston Bezos Net Worth, Wife, Cars and House

Jeff Bezos net worth 2020: Jeff Bezos is an American philanthropist, businessman and space explorer who has a net worth of $117 billion. Jeff Bezos is the founder, chief executive officer, president and chairman of the board of Amazon.com. According to the company’s most recent SEC filing, Jeff owns 58 million shares of Amazon, roughly 12% of the total shares outstanding. At his peak he owned 80 million shares of Amazon. As part of his April 2019 divorce settlement with MacKenzie Bezos, Jeff transferred 19.7 million shares to his ex-wife. The value of the shares at the time of the transfer was $36 billion. The settlement temporarily reduced Jeff’s net worth from $150 billion to $114 billion. Jeff was also an early pre-IPO investor in Google.com and owns at least $1 billion shares in what is now known as Alphabet Inc.

For much of the 2000s, Jeff was not even in the top 10 or top 20 of the wealthiest people on the planet. Amazon stock began to sky rocket in late 2014. In July 2015, Jeff’s net worth was $50 billion. In under two years, his net worth (and the stock) had doubled. On July 27, 2017, Bezos took over Bill Gates as the richest person on the planet. In September 2018, Amazon’s market cap topped $1 trillion. This was prior to his divorce so he still owned 80 million shares. At that valuation, Jeff’s net worth topped an all-time high of $170 billion.

Is Jeff Bezos the Richest Person of All Time? When comparing Jeff’s peak net worth of $170 billion to our list of the richest people of all time after adjusting for inflation, Jeff is not even in the top 10. Using the $170 billion number, that would be the 11th largest fortune ever accumulated by a single human. For comparison, when oil tycoon John D. Rockefeller died, he was worth an inflation-adjusted $340 billion.

Jeff Bezos Net Worth

Jeff Bezos

Net Worth: $117 Billion
Date of Birth: Jan 12, 1964 (56 years old)
Gender: Male
Profession: Entrepreneur, Businessperson
Nationality: United States of America
Last Updated: 2020
Jeff Bezos
Chief Executive Officer of Amazon

Description

Jeffrey Preston Bezos is an American internet and aerospace entrepreneur, media proprietor, and investor. He is best known as the founder, chief executive officer, and president of Amazon. Wikipedia

Born: 12 January 1964 (age 56 years), Albuquerque, New Mexico, United States
Height: 1.71 m
Nationality: American
Spouse: MacKenzie Bezos (m. 1993–2019)
Education: Princeton University (1986), River Oaks Elementary School, Miami Palmetto Senior High School, University of Florida
Parents: Ted Jorgensen, Jacklyn Bezos, Miguel Bezos

Favorite Quotes:

If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.
We expect all our businesses to have a positive impact on our top and bottom lines. Profitability is very important to us or we wouldn’t be in this business.
There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.

Could Jeff Bezos Become a Trillionaire? Anything is possible! However, it appears as though a very elevated objective if he’s simply depending on his Amazon offers to get trillionaire status. As the proprietor of 12% of Amazon’s offers, Jeff is basically worth $120 billion (on paper) for ever $1 trillion market top achievement. Along these lines, at the end of the day, for Jeff to turn into an extremely rich person dependent on his Amazon shares, the organization’s market top would need to top $8.3 trillion.

Early Life:

Jeff Bezos was conceived on January 12, 1964 in Albuquerque, New Mexico. His mom was a multi year old secondary school understudy when she brought forth Jeff. His dad claimed a bicycle shop. His mom in the end separated from Jeff’s introduction to the world dad. At the point when he was 4 she wedded a Cuban settler named Miguel Bezos. Not long after the wedding, Miguel received Jeff and Jeff’s last name was lawfully changed from Jorgenson to Bezos. The family moved to Houston where Mike found a new line of work as a specialist for Exxon. They were additionally nearer to his mom’s folks who had a dairy cattle farm south of San Antonio. His maternal grandma Mattie Louise Gise was first cousins to nation artist George Strait.

While experiencing childhood in Texas, Bezos utilized his folks’ carport as a research facility for his science ventures. He would likewise spend summers working at his grandparent’s farm. Jeff would later profess to have taken in his hard working attitude during his summers at the farm. He would likewise later buy the farm and grow it from 25,000 to 300,000 sections of land.

The family moved to Miami, around the time Jeff was entering secondary school. While in secondary school, Jeff functioned as a short request cook at McDonald’s. He was secondary school valedictorian and a National Merit Scholar. In his valedictorian discourse, he referenced a fantasy that individuals of the earth would in the long run colonize space.

He went to Princeton University with an arrangement to consider material science, yet his adoration for PCs moved his examinations. He inevitably graduated summa cum laude with a 4.2 GPA, Phi Beta Kappa. He earned a Bachelor of Science qualification in software engineering and electrical building.

After moving on from school, Jeff went to work for a budgetary innovation firm called Fitel. He at that point changed to the financial business when he found an item the executives work at Bankers Trust. In 1990 he was procured as a monetary investigator for D. E. Shaw and Co., a fence investments that had as of late been propelled with the possibility that scientific demonstrating could foresee huge market gains.

Jeff worked at D.E. Shaw until 1994, so, all things considered he had ascended to the organization’s fourth senior VP. He was 30 years of age.

Amazon: A year sooner, Jeff got captivated with the early internet. He needed to sell something on the web and he arrived on selling books. Bezos made Amazon’s strategy during a crosscountry drive from New York to Seattle. He formally established the organization in 1994, setting up the first business in his carport.

Other Accomplishments:

In 2008, Bezos got a privileged doctorate in Science and Technology from Carnegie Mellon University, and in 1999 Bezos was named Time magazine’s Person of the Year. In 2000, Bezos established Blue Origin, a human spaceflight new business, somewhat because of his interest with space travel. Blue Origin remembers an early enthusiasm for creating space lodgings, event congregations, states and little urban communities for 2 million or 3 million individuals circling the Earth. The organization was stayed discreet for a couple of years until it turned out to be freely known in 2006 in the wake of buying a sizable conglomeration of land in west Texas for a dispatch and test office. In 2013, Bezos was examining business spaceflight openings and techniques with Richard Branson, multibillionaire author of Virgin Group – during that year he likewise bought The Washington Post.Jeff Bezos Net Worth Details And History:

In the a long time since Amazon opened up to the world, Bezos has sold in any event $70 billion worth of his offers. He sells generally $1 billion worth of offers each year as a major aspect of an arranged stock deal plan.

The day Amazon opened up to the world, Amazon’s stock beat out at $18 and Jeff was left with a total assets of $12 billion. At the pinnacle of the dotcom bubble, Amazon stock bested $106 per share. After the air pocket burst, Amazon’s stock value sank to an unequaled low of $5 per share in October of 2001. By then, Jeff’s total assets sank to $2 billion. At different occasions in late history, a solitary portion of Amazon exchanged for more than $2050. In this way, on the off chance that you had been keen enough to take $10,000 and purchase portions of Amazon in October of 2001, could have had $4.1 million preceding tallying any profits that they may have given.

 

Jeff Bezos Net Worth Milestones:

  • June 1998 – $1 billion just because
  • June 1999 – $10 billion
  • July 2015 – $50 billion
  • January 2018 – $100 billion
  • July 2018 – $150 billion
  • September 2018 – $170 billion

January 2019 – Jeff reports he is separating from his better half of 25 years, MacKenzie. Obviously the result of this separation will enormously affect Jeff’s $150 billion total assets.

April 4, 2019 – Jeff and MacKenzie declared that they had arrived at an agreeable goals of their separation where she will be given $36 billion worth of Amazon stock. Jeff will hold 75% of his previous stake and will have casting a ballot authority over MacKenzie’s offers. She won’t have any proprietorship in The Washington Post or Jeff’s space organization Blue Origin. It’s muddled how the couple chose to part their different homes and streams. Jeff’s total assets quickly following the declaration became $114 billion.

Walk 9, 2020 – $117 billion

In case you’re following along, it took Jeff only three years to turn into a very rich person in the wake of propelling in 1995. It took him 20 years to make $50 billion, yet then just 2.5 years to make his second $50 billion, for an aggregate of $100 billion. And afterward it just took 7 months to make his third $50 billion, for an aggregate of $150 billion. And afterward he lost $36 billion out of a moment with the stroke of a pen.

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