2022-Jeff Bezos Amazon Founder Net Worth

2022-Jeff Bezos Amazon Founder Net Worth

Amazon shares 17.6%
birth date January 12, 1964 (59 years old)
Born in Albuquerque, New Mexico, United States
nationality USA
Marital status divorced from MacKenzie Bezos (since 2019)
Profession Founder of Amazon
Full name Jeffrey Preston Bezos
nickname Jeff
Children 4
Founded Amazon

How rich is Jeff Bezos?

Thanks to the business figures that the e-commerce giant Amazon has been able to present in recent years, Bezos is one of the richest people in the world. Jeff Bezos Net Worth is $113.08 billion .  On October 27, 2017, the Amazon boss replaced Microsoft founder Bill Gates as the richest man in the world. Despite the most expensive divorce in the world from his wife MacKenzie, who now owns a fortune of – euros, he remained number 1. It was only on September 29, 2021 that he was replaced by Tesla and SpaceX boss Elon Musk as the richest person in the world.

In the third quarter of 2021, the previous AWS boss Andy Jassy took over the helm as CEO at Amazon and Bezos will become chairman of the board of directors, so he will continue to direct all major decisions in the group. With his space company Blue Origin, the Amazon founder flew into space for the first time on July 20, 2021.

The incredible net worth of the Amazon boss

In recent years, Jeff Bezos has overtaken some greats such as the billionaire brothers David Koch and Charles Koch , who are best known in the USA for their great influence on local politics. No one else could have increased his fortune as much in one year as Bezos. Even Facebook’s Mark Zuckerberg and Google founders Larry Page and Sergey Brin couldn’t achieve what Amazon had achieved under Bezos’ leadership. It is to be expected that Amazon will continue to increase its sales each year in the future and that the share will continue to reach a new record high. Only tech giant and Tesla boss Elon Musk continues to duel for the top of the richest people.

The richest person in the world – How much money does Jeff Bezos really have?

Bezos was born Jeffrey Preston Jorgensen in 1964 in Albuquerque, New Mexico, USA. Bezos laid the foundation for his later success during his time at Princeton University, where he graduated summa cum laude. There he studied electrical engineering and computer science and obtained two bachelor’s degrees at the same time. Bezo’s family wasn’t wealthy at all, so Amazon’s success grew on his shoulders alone . First, however, Bezos took a job on Wall Street and worked in the field of applied computer science. Bezos first became an independent entrepreneur with the Fitel company, which specialized in international trade.

Amazon’s success story, on the other hand, only began in 1994. Like many of America’s most successful and well-known companies, Amazon started out in a garage. Driving from New York to Seattle in 1994, Bezos worked out Amazon’s entire business plan. Totally convinced of his idea, Bezos put his heart and soul into his new companies. In doing so, he left his high-paying job at a New York hedge fund. During his time on Wall Street, Jeff Bezos recognized exactly how rapidly the Internet and, with it, commerce on the Internet were evolving. Later that same year, when the US Supreme Court ruled that mail-order companies did not have to collect sales tax from their customers in states where they were not themselves resident.

Amazon’s acquisitions and takeovers

Over the years, Amazon has acquired many companies and startups. These were often very strategic decisions by Jeff Bezos and always had the background to make Amazon the market leader in other business areas.

The most important Amazon acquisitions sorted by price:

  • 2017: Whole Foods – $13.7 billion
  • 2009: Zappos – $1.20 billion
  • 2014: Twitch – $790 million
  • 2012: Kiva Systems – $780 million
  • 2017: Souq.com – $650 million
  • 2010: Quidsi – $550 million
  • 2015: Elemental Tech – $500 million
  • 2015: Annapurna Labs – $370 million
  • 2008: Audible – $300 million
  • 1999: Alexa – $250 million
  • 2013: Goodreads – $150 million
  • 2010: Woot – $110 million
  • 1999: Accept.com – $100 million
  • 1998: IMBD – $60 million

Incidentally, the Amazon boss bought the renowned newspaper “The Washington Post” for 250 million dollars in 2013 through his own “Nash Holdings LLC”.

Smart investments by Jeff Bezos

In addition to Amazon, Bezos also participated privately in various startups. He invested wisely, including in Google. Bezos sold the Google shares after the company went public.

  • 2017: Everfi – $190 million
  • 2016: UNITY Biotech – $116 million
  • 2011: Airbnb – $112 million
  • 2013: Domo – $60 million
  • 2015: Stack Overflow – $40 million
  • 2011: Uber – $37 million
  • 2015: Business Insider – $25 million
  • 2014: Business Insider – $12 million
  • 2011: General Assembly – $4.5 million
  • 1998: Google – $1 million

MacKenzie and Jeff Bezos divorce record

The richest man in the world divorces his wife. Both announced this on January 9, 2019 on Twitter. The Bezos were married for 25 years and then they broke up. In their statement they say that they had a great life together and are looking forward to a wonderful future – as parents, friends and partners in companies and projects. This indicates at least an amicable separation on good terms. Jeff Bezos met MacKenzie in 1992 and married just a year later. Together they have four children, three sons and an adopted daughter from China. The couple agreed that MacKenzie would receive 25% of the common Amazon stock interest. Even after the most expensive divorce in the world, Jeff Bezos is still the richest person in the world.The net worth of his ex-wife MacKenzie Bezos is currently – euros.

Amazon’s record year 2015

2015 was a truly phenomenal year for Amazon boss Jeff Bezos. There is simply no other way to say it. The CEO of the well-known e-commerce group was already rich, but in 2015 he was able to pocket even more money. At the beginning of 2015, the American was worth almost 35 billion US dollars, making him the 15th richest billionaire in the world. Amazon was able to set real record numbers this year, from which Jeff Bezos in particular benefited. In just one year he was able to almost double his fortune. Because the Amazon boss earned 29.5 billion US dollars in 2015 alone. Jeff Bezos is now even richer than the Koch brothers, which has caused a stir among American billionaires. In 2015, Jeff Bezos rose from 15th to 4th – he became the fourth richest person in the world at the time. Today he is the richest person in the world.

The Amazon boss earned a good 80 million US dollars per day to be almost 30 billion US dollars richer at the end of the year. Bezos made a whopping $56,125 per minute. So we’re talking about amounts per minute that many other people don’t earn in a whole year. In 2015 alone, share prices doubled and there were 53% more Amazon Prime members worldwide than in the previous year. Incidentally, Jeff Bezos’ wealth is of course measured by his stock holdings. So he doesn’t just have these billions lying on the high edge.

Fall of Amazon shares in early 2016

After the record deal in 2015, however, Amazon shares fell significantly again at the beginning of 2016. As quickly as Bezos made the billions in 2015, it went downhill again in early 2016. That’s how he lost a whopping $6 billion in a single day . If more than 90% of the assets are in stocks, there are rapid and strong fluctuations both up and down.

However, 2017 made up for the previous year. Amazon boss Jeff Bezos managed to be the richest person in the world in October 2017. An incredible result that Bezos has achieved with the mail order business. He will likely continue to make incredible profits from Amazon and his fortune will continue to grow.

The Amazon negative headlines

In 2015, the renowned “New York Times” in the USA reported on the supposedly inhumane working conditions at the mail order company. Amazon has faced serious allegations that employees have been treated less than fairly and humanely following family tragedies or health tragedies. Compassion is completely missing in this company and so it is not surprising that tears in the Amazon logistics centers are almost the order of the day. An 80-hour week and the regular e-mail terror at Amazon allegedly increased the suffering of the employees considerably.

Of course, Jeff Bezos could not and did not want to let such headlines sit and therefore spoke up himself. This patronizing of the employees is alien to him and that is an Amazon that Bezos does not know in this form. Bezos therefore addressed the world public and his own employees in an open letter. Any complaints and allegations from his own people may be routed directly to him or to the HR department. Jeff Bezos thus made it clear that he would not tolerate this lack of empathy. At the same time, he also emphasized the fun that many of the employees experienced every day working at Amazon. The charismatic CEO’s concession does indeed seem to have paid off. Because numbers don’t lie and Amazon was able to participate in the third quarter of 2015achieve record sales . So the e-commerce giant’s customers don’t seem to pay much attention to the negative headlines.

Jeff Bezos Amazon Founder Net Worth

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