[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. Bezos founded Blue Origin in 2000, just six years after he started Amazon, with the goal of making spaceflight more affordable and more accessible. No. [99], In 2015, Bezos announced that a new orbital launch vehicle was under development and would make its first flight in the late-2010s. Entrepreneur and world-renowned e-commerce pioneer Jeff Bezos is something of a household name these days. 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. "[82] Sanders's efforts elicited a response from Amazon which pointed to the 130,000 jobs it created in 2017 and called the $28,446 figure for its median salary "misleading" as it included part-time workers. [281][282] Saudi Arabia has denied the claim. For other people with the surname, see, Wealthiest people in the United States by state, All currency figures expressed in the United States dollar (US$) in, Many calculations of Bezos's wealth during the late 2010s were not, Students for the Exploration and Development of Space, Heinlein Prize for Advances in Space Commercialization, Reporters Committee for Freedom of the Press, undocumented immigrants brought to the United States as minors, 2021 United Nations Climate Change Conference, "Riding the Wild, Perilous Waters of Amazone.com", "Jeff Bezos Is Getting Astronaut Wings. Will I regret missing the beginning of the Internet? [308], On November 22, 2022, Jeff Bezos awarded $123 million to organizations that are engaged in relocating homeless families to permanent housing. [66] By January 19, 2018, his Amazon stock holdings had appreciated to slightly over $109billion; months later he began to sell stock to raise cash for other enterprises, in particular, Blue Origin. Khashoggi was killed in late 2018, in Turkey's Saudi consulate for his critical stance and journalism against the Saudi government and its leader. [250], In March 2003, Bezos was a passenger in a helicopter that crashed in West Texas while surveying land to buy for Blue Origin; the other 3 occupants in the helicopter were pilot Charles "Cheater" Bella, Amazon lawyer Elizabeth Korrell, and local rancher Ty Holland. Here's everything that's happened since their relationship began, including a tabloid scandal and possibly even a hack by foreign operatives", "Jeff Bezos Walks Through a One-Way Door, Opening a New Age for Amazon", "Jeff Bezos Accuses National Enquirer of 'Extortion and Blackmail', "Jeff Bezos' nudes were reportedly leaked when his girlfriend Lauren Sanchez sent them to her brother, in a new twist to the dramatic saga here's everything we know so far", "Quoted: She Said, He Said MacKenzie Bezos Vs. [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. His one line consisted of a response to an alien in distress: "Speak Normally." [235] Bezos and the newspaper's editorial board have dismissed accusations that he unfairly controlled the paper's content and Bezos maintains the paper's independence. $3,487 is divided by 47, a fraction. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement", "World's richest man Jeff Bezos divorces", "Jeff Bezos, World's Richest Person, Announces Divorce After 25 Years Of Marriage", "MacKenzie Bezos, author, philanthropist, and soon to be world's richest woman? The fundraising comes more than a month after Overtime announced a paid basketball league for young players. [110] To execute the sale, he established limited liability company Nash Holdings to serve as a holding company through which he would own the newspaper. Jeffs mother and father were was only 17 and 19 when he was born. [162] Instead of using presentation slides, Bezos requires high-level employees to present information with six-page narratives. He also purchased the major American newspaper The Washington Post in 2013 for $250million and manages many other investments through his venture capital firm, Bezos Expeditions. [26] Lawrence retired early to his family's ranch near Cotulla, Texas, where Jeff would spend many summers in his youth. Jeff Bezos has been continually linked to buying the Washington Commanders But he could pivot to buying the Seattle Seahawks, says a new report Click here for all Perez of FrontOfficeSports.com reports that Bezos remains in the mix. 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.[5][6]. Jeff Bezos is a gamer if you count flying rockets: Twitch co The company will use a portion of the funds to fuel its basketball league that pays 16-to-18-year old players at least $100,000 per year. [28] At the time of the post, Bezos's lifetime spending on charitable causes was estimated to be $100million. [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. [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. More significantly, Perez reports that Amazon founder Jeff Bezos has yet to make a bid. [104] Since 2016, Bezos has spoken more freely about his hopes to colonize the solar system, and has been selling US$1 billion in Amazon stock each year to capitalize Blue Origin in an effort to support this endeavor. [62][263] Trump has repeatedly attacked Bezos via Twitter, accused Bezos of avoiding corporate taxes, gaining undue political influence, and undermining his presidency by spreading "fake news". He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. [83] However, Sanders countered that the companies targeted by his proposal have placed an increased focus on part-time workers to escape benefit obligations. [213] The Motley Fool estimated that if Bezos had not sold any of his shares from its original public offering in 1997, his net worth would sit at $181billion in 2018. [60] According to a 2008 Time profile, Bezos wished to create a device that allowed a "flow state" in reading similar to the experience of video games. [15] In September 2022, he was ranked second on the Forbes 400 list of wealthiest Americans with a net worth of $151 billion. Aaron Rodgers Answers 'Diva' Question; ESPN Conflicting [197] By the time the Forbes list was calculated in March 2016, his net worth was registered at $45.2billion. [236][115] Bezos treatment of employees at The Washington Post has also drawn scrutiny. [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. Jeff Bezos $1 Billion Deal With NFL Proves Highly [234], Bezos is known for creating an adversarial environment at Amazon, as well as insulting and verbally abusing his employees. 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. [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. [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. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. [124][125] In 2013, Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 engines from the floor of the Atlantic Ocean. Bezos has been interested in becoming an NFL owner for at least four years. Their returns? Brin said in a blog post from 2008 that he "[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. Amazon CEO Jeff Bezos was a smart and enterprising kid, as Brad Stone writes in his 2013 book "The Everything Store." [301][302][303] In April 2020, early in the COVID-19 pandemic, Bezos donated $100 million to food banks through Feeding America. [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%. [205] He unseated Bill Gates ($90billion), who was $6billion ahead of Warren Buffett ($84billion), ranked third. [132] During the 1990s, Bezos earned a reputation for relentlessly pushing Amazon forward, often at the expense of public charity and social welfare. 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. As Commanders owner Daniel Snyder continues to ponder selling the team, unless he isnt, the reports regarding the involvement of Amazon founder Jeff Bezos are covering all bases. Who Will Win? [28] Multiple opinion columnists responded by asking Bezos to pay higher wages to Amazon warehouse workers. Khashoggi, a Saudi journalist and dissident was employed as a writer at the Washington Post, owned by Bezos. ", "What Has Jeff Bezos Chosen to Spend His $140B On? A Division of NBCUniversal. Jeff Bezos' Single-Family Rental Play Appears Almost Too Well [163], He meets with Amazon investors for a total of only six hours a year. 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. [200], Bezos would continue to sporadically surpass Gates throughout the month of October 2017 after Amazon's share price fluctuated. [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". Bezos has been interested in becoming an NFL owner for at least four years. [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. "[137] Select accounts of his persona have drawn controversy and public attention. [44] Bezos was promoted to head of development and director of customer service thereafter. 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. [127][128] The engines are currently on display at the Seattle Museum of Flight. [164] Starting in 1998, Bezos publishes an annual letter for Amazon shareholders wherein he frequently refers to five principles: focus on customers, not competitors; take risks for market leadership; facilitate staff morale; build a company culture; and empower people. [155][156], Day 1: start upDay 2: stasisDay 3: irrelevanceDay 4: "excruciating, painful decline"Day 5: death, Bezos has stated "it is always Day 1" to describe his growth mindset. Jeffrey Preston Jorgensen was born in Albuquerque, New Mexico, on January 12, 1964,[16] the son of Jacklyn (ne Gise) and Theodore Jrgensen. Jeff Bezos [98] He has been compared to Branson and Elon Musk as all three are billionaires who prioritize spaceflight among their business interests. Investors in OTE include Portland Trail Blazers forward Carmelo Anthony, Brooklyn Nets star Kevin Durant and Silicon Valley venture capital firm Andreessen Horowitz. 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. [19] After completing high school despite challenging conditions, Jacklyn attended night school while bringing Jeff along as a baby. Amazon went public in [126] They were positively identified as belonging to the Apollo 11 mission's S-1C stage from July 1969. [237] In 2013, more than 400 Washington Post employees wrote an open letter to Bezos criticizing his poor wages and benefits for his employees. WebThere is little chance that Jeff Bezos will slow down after stepping down as Amazon CEO. ", "Jeff Bezos Buys David Geffen's Los Angeles Mansion for a Record $165 Million", "Amazon founder Jeff Bezos buys 'most expensive home' in Los Angeles", "Jeff Bezos Drops $16 Million on Another Manhattan Pad to Create a 'Vertical' Dream Home", "Rotterdam Is Dismantling a Historic Bridge for Jeff Bezos's Superyacht", "Expecting the Unexpected From Jeff Bezos", "Washington Post' May Find Conflicts in Amazon Coverage", "More than 400 Washington Post staffers wrote an open letter to Jeff Bezos calling out his 'shocking' pay practices", "More Than 400 Washington Post Staffers Wrote an Open Letter to Jeff Bezos Calling Out His 'Shocking' Pay Practices", "What Jeff Bezos' intimate-message breach teaches us about digital security", "Jeff Bezos' girlfriend Lauren Sanchez greeted him when he returned from his spaceflight. Jeff Bezos Bezos Expeditions, the personal investment firm of the Amazon CEO, is one of the companies tied to this funding round. Jeff Bezos On July 20, 2021, he flew to space alongside his half-brother,[1] Mark. ", "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! But he's now out of the NFL and working as the head coach of the XFL's Houston Roughnecks And Phillips - part of a first family of football in Houston thanks to Overtime's basketball league offers $100K salaries to teen players. He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. ", and "Why are you ruining my life?". This percentage increase ascended him to the 43rd spot on the ranking from 68th. On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. [198] However, just months later in October 2016, his wealth increased by $16.2billion to $66.5billion, unofficially ranking him the third-richest person in the world, behind Warren Buffett. Jeff Bezos saw his wealth slashed by $20 billion on Friday, cutting him to No. The hour glass appears to be running out on Snyder's ownership of the Commanders. On July 20, 2021, he launched on the NS-16 mission with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen. To date, the Brooklyn-based Overtime says it has raised more than $140 million. "I don't want to drag anybody around," he said . [34], Bezos attended the Student Science Training Program at the University of Florida. [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. However, Bezos was not included in that stage of the bidding. He launched nine days after Richard Branson launched onboard The Virgin Galactic Unity 22 mission. Web[DanSnydersYacht] Did Jerry Jones meet with Jeff Bezos to discuss the Commanders sale?!! Jeff Bezos is currently the world's second-richest man, so purchasing an NFL (National Football League) franchise wouldn't be too tall a task for the billionaire. A.J. [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. [91] The 18-year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion. [59][failed verification] In November 2007, Bezos launched the Amazon Kindle. [284] In 2013, he pledged $500,000 to Worldreader, a non-profit founded by a former Amazon employee. "Overtime has built an unrivaled brand and global community from scratch in just five years. [117][118] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging. "[153], During the late 2010s, Bezos reversed his reputation for being reluctant to spend money on non-business-related expenses. 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. [218], In 2019, Bezos's wealth was reduced by the divorce from his wife MacKenzie Bezos. During that time, Amazon was just coming into its own by selling CDs online. [37] In 1986, he graduated summa cum laude from Princeton University with a 4.2 GPA and a Bachelor of Science in Engineering degree (B.S.E.) [22] Shortly after the wedding, Mike adopted four-year-old Jeff whose surname was then legally changed from Jorgensen to Bezos. He believes that work and home life are interconnected, informing and calibrating each other. 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. On this Wikipedia the language links are at the top of the page across from the article title. Jeff Bezos Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. This fundraise reflects the incredible growth opportunities associated with such a market leading position, including the opportunity to bring Overtime Elite into the world," said Michael Spirito, a partner at investment firm Sapphire Sport, who led the funding round. 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. Jeff Bezos happy with the success of 'New World' after several [11][304][305] In November 2021, Bezos pledged to donate $2 billion towards restructuring food systems and nature conservation at the 2021 United Nations Climate Change Conference. 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. Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics. "[254] Bezos's family corporation Zefram LLC is named after Zefram Cochrane, a character from Star Trek. [288] On June 15, 2017, he posted a message on Twitter asking for ideas for philanthropy: "I'm thinking about a philanthropy strategy that is the opposite of how I mostly spend my timeworking on the long term". [192][193] His wealth rose by 85.2% in 2010, leaving him with $12.6billion. Well, if youre Amazon founder Jeff Bezos you may just BUY that show and add it to your own streaming platform. [296] In September 2018, Bezos donated $10million to With Honor, a nonpartisan organization that works to increase the number of veterans in political office. Whether it is his business life or fitness life, Jeff Bezos has always been the alpha of both. He worked on Wall Street in a variety of related fields from 1986 to early 1994. [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. [129][130], In September 2021, Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner. Once built, it will be the largest yacht in the world. At all. Scream? Amazon founder Jeff Bezos hires investment firm to evaluate a [256][257][258] On April 4, 2019, the divorce was finalized, with Bezos keeping 75% of the couple's Amazon stock and MacKenzie getting the remaining 25% ($35.6billion) in Amazon stock. Jeff Bezos [51] In late 2002, rapid spending from Amazon caused it financial distress when revenues stagnated. [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. [45][43], In late 1993, Bezos read that the Internet was growing at a rate of 2300% a year and decided to establish an online bookstore. [268] A 2018, $10billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project, this time with the Pentagon, was allegedly written up in a way that favors Amazon. [21] After his parents divorced, his mother married Cuban immigrant Miguel "Mike" Bezos in April 1968. )", "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? [116] He was one of the first shareholders in Google, when he invested $250,000 in 1998. Earlier this month, Jeff Bezos stepped down as the CEO of Amazon, the company he launched in 1994 as an online bookseller. 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, [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. [203] Bezos was officially ranked as the third-wealthiest person in the world, up from the 5th spot in 2016. "[81] He later said: "Bezos could play a profound role. [67] On January 29, 2018, he was featured in Amazon's Super Bowl commercial. 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. Although he does not respond to the emails, he forwards some of them with a question mark in the subject line to executives who attempt to address the issues. Jeff Bezos [51] Bezos used the $54million raised during the company's 1997 equity offering to finance aggressive acquisition of smaller competitors. Billionaire Tim Koch has always loved adventure, from riding horses to exploring the ago The conversation was a lot more depressing than what you imagine r/SCP Join 3 yr. ago Jeff Bezos [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.