"[81] He later said: "Bezos could play a profound role. [291] Bezos announced in September 2018 that he would commit approximately $2billion to a fund to deal with American homelessness and establish a network of non-profit preschools for low income communities. [264][265][266][267], In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600million. [195][196] A year later, Bezos entered the top ten when he increased his net worth to a total of $50.3billion. The great American entrepreneur Jeff Bezos is the co-founder and longest-serving CEO of Amazon. Bezos retained his interest in The Washington Post and Blue Origin, as well as voting control of the shares received by his ex-wife. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's Billionaires Index and Forbes. The real question, as a league source has framed it for PFT, is whether Bezos has deliberately chosen not to get in, or whether he has been frozen out. [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). twitter Vote 3 Related Topics NFL Professional football Professional sport Football Sports 3 comments Best Add a Comment Zac_Anarumo 4 min. The Washington Post reported that Jones may be leaning on Dan Snyder to sell [28][29] Jeff displayed scientific interests and technological proficiency and once rigged an electric alarm to keep his younger siblings out of his room. Bezos was a multi-billionaire who drove a 1996 Honda Accord. Shares of the company were only $7 on average that year. WebBezos made a cameo appearance playing an alien in the film Star Trek Beyond. [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. Bezos became D. E. Shaw's fourth senior vice-president by age 30. A Division of NBCUniversal. [168] Bezos has cited Jeff Immelt (of New Enterprise Associates),[169] Warren Buffett (of Berkshire Hathaway), Jamie Dimon (of JPMorgan Chase), and Bob Iger (of Walt Disney) as major influences on his leadership style. [70] On July 27, 2017, Bezos momentarily became the world's wealthiest person over Microsoft co-founder Bill Gates when his estimated net worth increased to just over $90billion. At all. "[137] Select accounts of his persona have drawn controversy and public attention. Global investment firm Blackstone, Morgan Stanley and many NBA stars, including Devin Booker, Trae Young and Klay Thompson, joined the investment round. Data is a real-time snapshot *Data is delayed at least 15 minutes. Since its launch in 2016, Overtime said, it has nearly 50 million social media followers. [163], He meets with Amazon investors for a total of only six hours a year. Jeff Bezos is a gamer if you count flying rockets into space, co-founder of Amazon-owned Twitch says. Jeff Bezos plays games here and there but you wouldnt [19] After completing high school despite challenging conditions, Jacklyn attended night school while bringing Jeff along as a baby. )", "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? [51] In 2000, Bezos borrowed $2 billion from banks, as its cash balances dipped to only $350million. Bezos founded Blue Origin in 2000, just six years after he started Amazon, with the goal of making spaceflight more affordable and more accessible. [247] Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and one daughter adopted from China. [102], In December 2017, New Shepard successfully flew and landed dummy passengers, amending and pushing its human space travel start date into late 2018. [286] That same month, Janet Camarena, director of transparency initiatives at Foundation Center, was quoted by CNBC as having questions about Bezos's new Day 1 Fund, including the fund's structure and how exactly it will be funded. [58] After the company nearly went bankrupt, he closed distribution centers and laid off 14% of the Amazon workforce. 1) Hes capable of paying whatever for a team. [23], After Mike had received his degree from the University of New Mexico, the family moved to Houston, Texas, so that he could begin working as an engineer for Exxon. [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. [117][118] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging. In this handout image provided by SportsPro, Dan Porter, Overtime speaks during the SportsPro OTT Summit USA 2020 at Turner Studios on February 19, 2020 in Atlanta, Georgia. Blue Origin's New Shepard vehicle reached space in 2015 and afterwards successfully landed back on Earth; he flew into space on Blue Origin NS-16 in 2021. [285], In September 2018, Business Insider reported that Bezos was the only one of the top five billionaires in the world who had not signed the Giving Pledge, an initiative created by Bill Gates and Warren Buffett that encourages wealthy people to give away a majority of their wealth. [90] Bezos has long expressed an interest in space travel and the development of human life in the Solar System. [51] At the time, website listings were alphabetized, so a name starting with "A" would appear sooner when customers conducted online searches. ", "Jeff Bezos's Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day', "Jeff Bezos Becomes the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos Is Now the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos becomes the richest person in modern history amid Amazon Prime Day kickoff", "Is Jeff Bezos Really the Richest of Them All? 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? On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. This increase outstripped the economic development (in GDP terms) of more than 96 countries around the world. 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%. [57] In 2003, Amazon rebounded from financial instability and turned a profit of $400million. 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. 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. [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. Shaw in 1994 and moved to Washington State to start Amazon as an Internet bookstore. [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. Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. That [64] On August 4, 2016, Bezos sold another million of his shares for $756.7million. Billionaire Amazon founder Jeff Bezos recently said he plans to give away the majority of his fortune. 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. The first centibillionaire on the Forbes wealth index,[8] Bezos was named the "richest man in modern history" after his net worth increased to $150billion in July 2018. [52] He accepted an estimated $300,000 from his parents as investment in Amazon. WebForbes estimates that Bezos has donated $2.4 billionless than 2% of his total net worthto charitable causes during his lifetime. Overtime said it will use a portion of the $80 million to help pay for salaries of players and staff, support league start-up costs, invest in the NFT sector and enhance its app. [27] Jeff would later purchase this ranch and expand it from 25,000 acres (10,117ha) to 300,000 acres (121,406ha). Bezos has been interested in becoming an NFL owner for at least four years. "Bezos" redirects here. [192][194], After a rumor broke out that Amazon was developing a smartphone, Bezos's net worth rose to $30.5billion in 2014. What would you do if your favorite TV show was CANCELED?! [271][272] On July 6, 2021, the Pentagon cancelled the JEDI contract with Microsoft, citing that "due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs. In March 2022, the NFL made a revolutionary move to deliver the Thursday Night Football media rights to Jeff Bezos streaming platform. [55] Although Amazon was originally an online bookstore, Bezos had always planned to expand to other products. He then joined D. E. Shaw & Co, a newly created hedge fund with a strong emphasis on mathematical modelling in 1990 until 1994. [261] Bezos donated $100,000 towards a movement against a Washington state income tax in 2010 for "top earners". The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? [233], Bezos is the owner of the Y721, a luxury superyacht estimated to cost more than $500,000,000. [84] On October 2, 2018, Bezos announced a company-wide wage increase, which Sanders applauded. [57] In 2002, Bezos led Amazon to launch Amazon Web Services, which compiled data from weather channels and website traffic. [62] In October of that year, Amazon was recognized as the largest online shopping retailer in the world. [200], Bezos would continue to sporadically surpass Gates throughout the month of October 2017 after Amazon's share price fluctuated. He holds a degree in electrical engineering and computer science. During the COVID-19 pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon. [43] He first worked at Fitel, a fintech telecommunications start-up, where he was tasked with building a network for international trade. Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. [51] He favored diverting Amazon profits back into the company in lieu of allocating it amongst shareholders in the form of dividends. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. Entrepreneur and world-renowned e-commerce pioneer Jeff Bezos is something of a household name these days. [101] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution. He once spent three [41][42], After Bezos graduated from college in 1986, he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. Bezos rose to be the 5th richest person in the world hours before market close; he gained $7billion in one hour. [76] During July 2018, a number of members of the U.S. Congress called on Bezos to detail the applications of Amazon's face recognition software, Rekognition. [280], In January 2020, The Guardian reported that the hack was initiated before the murder but after Khashoggi wrote critically about the crown prince in the Washington Post. [11] On July 5, 2021, Bezos stepped down as the CEO and President of Amazon and transferred to the role of executive chairman; Andy Jassy, the chief of Amazon's cloud computing division,[12][13] succeeded Bezos as the CEO and President of Amazon. [105][106] In May 2018, Bezos maintained that the primary goal of Blue Origin is to preserve the natural resources of Earth by making the human species multi-planetary. [270] In November 2019, when the contract was awarded to Microsoft instead, Amazon filed a lawsuit with allegations that the bidding process was biased. [126] They were positively identified as belonging to the Apollo 11 mission's S-1C stage from July 1969. Whether it is his business life or fitness life, Jeff Bezos has always been the alpha of both. "[159] During the 1990s and early 2000s at Amazon, he was characterized as trying to quantify all aspects of running the company, often listing employees on spreadsheets and basing executive decisions on data. The company said its content is streamed more than 1.7 billion times a month across all social platforms. [142] Bezos has been characterized as a notoriously opportunistic CEO who operates with little concern for obstacles and externalities. [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. [65] A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. [45][51] Three years after Bezos founded Amazon, he took it public with an initial public offering (IPO). [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. When he studied at Stanford, he joined a variety of sports teams, including in-line skating, skiing, gymnastics, and trapeze. Get this delivered to your inbox, and more info about our products and services. [56] In response to critical reports from Fortune and Barron's, Bezos maintained that the growth of the Internet would overtake competition from larger book retailers such as Borders and Barnes & Noble. Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics. Even Jeff Bezos' brother Mark was completely taken off guard by the internet memes showing the man behind Amazon looking completely jacked. Amazon.com, Inc. v. Barnesandnoble.com, Inc. Trial of Kenneth Lay and Jeffrey Skilling, https://en.wikipedia.org/w/index.php?title=Jeff_Bezos&oldid=1142501289, Businesspeople from Albuquerque, New Mexico, Fellows of the American Academy of Arts and Sciences, People who have flown in suborbital spaceflight, Princeton University School of Engineering and Applied Science alumni, CS1 maint: bot: original URL status unknown, Wikipedia pages semi-protected against vandalism, All Wikipedia articles written in American English, Pages using infobox person with multiple partners, Articles with failed verification from September 2020, Articles lacking reliable references from March 2021, Pages using Sister project links with hidden wikidata, Creative Commons Attribution-ShareAlike License 3.0, In 1999, Bezos received his first major award when, Bezos was awarded an honorary doctorate in science and technology from, In 2012, Bezos was named Businessperson of the Year by, 20142018, he was ranked the best-performing CEO in the world by, In September 2016, Bezos received a $250,000 prize for winning the, In February 2018, Bezos was elected to the. [39] To push Amazon forward, Bezos developed the mantra "Get Big Fast", establishing the company's need to scale its operations to produce market dominance. [243][244] Media reports have accused Sanchez's brother Michael of being the source for the photos obtained by National Enquirer; however, Bezos has speculated that it may have been the Saudi Arabian government. On Saturday, TheAthletic.com reported that Bank of America (which is handling the sale) has informed Bezos that hes out. 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. He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. Got a confidential news tip? He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. The current market value of 40 shares is $40. Mark remembers his brother being extremely thin and basically eating whatever he wanted. [75] Weeks later, Bezos recouped his losses when academic reports out of Stanford University indicated that Trump could do little to regulate Amazon in any meaningful way. [61] In 2013, Bezos secured a $600-million contract with the Central Intelligence Agency (CIA) on behalf of Amazon Web Services. The Washington Post reported back then that Bezos was interested in buying the Seahawks. All Rights Reserved. [249] Public records, family history, and biographical details suggest that both were raised under some form of Christianity. The hour glass appears to be running out on 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. [154][28] Bezos has been known to publicly contest claims made in critical articles, as exemplified in 2015 when he sent a memo to employees denouncing a New York Times piece. [212] During March 9, Bezos earned $230,000 every 60 seconds. ", "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! WebThere is little chance that Jeff Bezos will slow down after stepping down as Amazon CEO. [189] The following year, his net worth increased by 66.66% to $2.5billion. He believes that work and home life are interconnected, informing and calibrating each other. WNBA star Chiney Ogwumike is also an investor. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement, and he's getting 75% of the Amazon shares and voting control of the rest", "Jeff Bezos Buys Three Manhattan Apartments for $80 Million The combined space totals 17,000 square feet", "Amazon's Jeff Bezos Stiffs Tommy Mottola In $7.65 Million Deal", "Will Jeff Bezos live in one of his Upper West Side apartments when Amazon comes to town? [146][147] His physical appearance increased the public's perception of him as a symbolically dominant figure in business and in popular culture, wherein he has been parodied as an enterprising supervillain. "Overtime has built an unrivaled brand and global community from scratch in just five years. [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. The Washington Post reported back then that Bezos was interested in buying the Seahawks. [186] His net worth decreased to $6.1billion a year later, a 40.5% drop. Jeff himself revealed that before 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.
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