If the intentions are noble and fresh, then success surely accepts it. The biggest example of this is Jeff Bezos, the world’s richest man and owner of Amazon. After working for several companies, Bezos opened a book store on the Internet, changing his fortunes. Here is the blog on Jeff Bezos Biography? where did he study, what is his net worth, his family, his owned companies, his complication, and lastly about his success?

It’s not an experiment if you know it’s going to work

Jeff Bezos

 

Who is Jeff Bezos?

 

 

Talking about Jeff Bezos biography he is the first billionaire who crossed 200 billion in the world which makes him the world’s richest person. Being a founder, CEO, and president of the multinational E-commerce company Amazon.

There will be no one who doesn’t know this company. He had launched Amazon 20 years ago and talking about it these days. According to Forbes billionaires, his net worth is $193.3 billion.

The number of employees is working under his company is approx 1225300 (Oct. 2020).

Personal Life

Jeff Bezos’ wife, MacKenzie Scott, is an American novelist and philanthropist. They both married in 1993. They met in 1992 when they both were employees at the new York city hedge fund D.E Shaw.

Bezos works there as senior vice president while MacKenzie works there as a research associate. After 25 years of their marriage, They both got separated from each other on January 9, 2019. And Bezos writes on Twitter.

Talking about Bezos children’s he is the father of 4 Childs, 3 sons, and 1 daughter adopted from China who is the youngest one.

Born, Study and Career

He was born on January 12, 1964, in Albuquerque, New Mexico, his mother’s name was Jacklyn Bezos. As belonging to a low-income family, during his high school he worked as an assistant cook at McDonald’s to make extra money.

He always wanted to do more in life. He attended Princeton University, and complete his graduation with a degree in electrical engineering and computer science in 1986, and started working for many companies.

From emerging financial and telecommunications companies to the banking sector. There he gained valuable insights into how Wall Street works.

He made more money than ever in his lifetime. Growing up in poverty, he always had few, but for him, money was just a tool, not an end goal. He wanted to make something that he had never had before.

At the age of 30 in 1994, he was the senior vice president of one of the world’s largest investment management companies, but he wasn’t happy.

Amazon.com

It was a crossroads for him where he had noted that he had to decide whether to continue on this path or to pursue his own dream of taking great risks to make something else.

He quit his job and started looking for investors. On July 5, 1994, he started his business from his garage. At first, he only sold books. But from the beginning, he wanted to sell everything that everyone requires.

It has always been cleared to him that the Internet will revolutionize people’s lives, and the physical library seemed to be one of the most obvious things to change.

Shortly people started ordering books of all kinds and their company started selling music and videos too.

Complication

To make himself feel a little nostalgic, he installed a bell to let everyone know when he received an order. However, a few weeks later, he had to turn it off because he received too many and the doorbell was annoying.

The company bottomed out only when it began selling non-books in 2000. The combination of fierce competition and the collapse of the dot-com bubble has almost bankrupted them.

Success

Few people, including him, were confident that they would succeed. And they were able to overcome the turmoil by borrowing nearly $ 2 billion from various banks and investors a few weeks before the outbreak. During that time, they follow three main principles.

  • 1. Customers are our top priority
  • 2. Stay innovative and innovative
  • 3. Be patient

What started as a humble online library has turned into an e-commerce online store where anyone can find anything from scratch, as the logo shows?

But it wasn’t necessarily called Amazon. Initially, he wanted to call it “Cadabra” or “Relentless”, but he postponed both. At last, finally, he chose Amazon’s name.

Becoming the first millionaire in the Forbes Wealth Index was not one of the goals he had in mind. His goal is to create services that make other people’s lives easier and better, but it’s not always easy.

They revolutionized the way of buying goods and services. So people don’t need to go out the door to get what they want. His success has gone a long way in achieving his personal goals.

The desire is that it cannot be completely extinguished and that once one goal is achieved, another goal must be pursued.

Jeff Bezos

Other Companies Of Jeff Bezos

He wanted to do more than e-commerce, so he quietly founded Blue Origin, a human space flight startup, in 2000. It made its first test flight in space in 2015 and plans to launch its first business trip in space by the year April 2021.

He wants to live in a world where everyone can go into space, the way he can fly all over the world. He is also the owner of the Washington Post.

 

Products And Services of Amazon.com

Jeff Bezos had started Amazon by selling books online. But as time goes it has involved selling everything with the growth of Amazon, Which includes-

Amazon Subsidiaries

Amazon company has owned over 40 subsidiaries, which are, Audible.com, Diapers.com, Goodreads, IMDB, Kiva Systems (Amazon Robotics), Shopbop, TeachStreet, Twitch, and Zappos.

  • A9.com
  • Amazon Maritime
  • Annapurna Labs
  • Beijing Century Joyo Courier Services
  • Brilliance Audio
  • ComiXology
  • CreateSpace
  • Eero
  • Health Navigator
  • Junglee
  • Kuiper Systems
  • PillPack
  • Lab126
  • Ring
  • Shelfari
  • Souq
  • Whole Foods Market

Jeff Bezos Net Worth and Ranking Over The Years

According to Forbes his net worth and ranking over the years.

YEAR RANK NET WORTH
1998 #102 $1.6 billion
1999 #18 $7.8 billion
2000 #48 $4.7 billion
2001 #189 $1.2 billion
2005 #42 $4.8 billion
2007 #35 $8.7 billion
2010 #18 $12.6 billion
2012 #11 $23.2 billion
2013 #12 $27.2 billion
2014 #15 $30.5 billion
2015 #4 $47 billion
2017 #2 $81.5 billion
2018 #1 $160 billion
2019 #1 $114 billion
2020 #1 $182 billion
2021 #1 $181.5 billion

 

Suggested Book

If you really wanna know about Jeff Bezos biography, there is a book name called – The Everything Store: Jeff Bezos and the Age of Amazon Hardcover

Written by – Brad Stone

You must read.

Word’s Of Jeff Bezos

I‘m sure you can be proud and happy with your success, but then you can’t be satisfied with your glory. Otherwise, life will be stable. You must need more than luck to get success in the affiliate business.

It may seem difficult, but when you have a passion for life and a desire to make something useful for the world. That passion gives you energy.

Working hard is fun and gives you a sense of purpose. It’s not always a smooth way and some people don’t always agree with your way or method. But I always believe that you need deep skin and the ability to face critics to do new and exciting things.

You should always consider what others say. But if you can’t see their logic then you need to decide to hold your gun. My name is Jeff Bezos, Founder, President, and CEO of Amazon.com.

what do you think? Does Jeff Bezos biography inspire you? comment down your thoughts.