Even Jeff Bezos' brother Mark was completely taken off guard by the internet memes showing the man behind Amazon looking completely jacked. [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. As CBS Sports reported back in 2019, Bezos spent some time getting close with several owners back then and he had "strong support within the league" to become an owner at that point. [148][149][150] Since 2017, he has been portrayed by Kyle Mooney and Steve Carell on Saturday Night Live, usually as an undercutting, domineering figure. [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. [185] He was first included on the Forbes World's Billionaires list in 1999 with a registered net worth of $10.1billion. [215] Following the report by Quartz, Amazon workers in Poland, (Germany), and Spain participated in demonstrations and labor strikes to draw attention to his growing wealth and the lack of compensation, labor rights, and satisfactory working conditions of select Amazon workers. What would you do if your favorite TV show was CANCELED?! That $250,000 investment resulted in 3.3million shares of Google stock, worth about $3.1billion in 2017. Teds grandfather had immigrated from now Denmark to Chicago around 1900. [216] On July 17, 2018, he was designated the "wealthiest person in modern history"[c] by the Bloomberg Billionaires Index,[219] Fortune,[220] MarketWatch,[221] The Wall Street Journal,[222] and Forbes. Bezos Expeditions, the personal investment firm of the Amazon CEO, is one of the companies tied to this funding round. [22] Shortly after the wedding, Mike adopted four-year-old Jeff whose surname was then legally changed from Jorgensen to Bezos. Since that report from November 2019, Bezos' ties with the NFL have only grown. [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. [28] At the time of the post, Bezos's lifetime spending on charitable causes was estimated to be $100million. [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. He is the founder, executive chairman, and former president and CEO of Amazon. [143][144], During the early 2010s, Bezos solidified his reputation for aggressive business practices, and his public image began to shift. On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. [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. After a pair of weekend reportsindicating that Snyder wont sell the team to Bezos, A.J. [169][170], Bezos first became a millionaire in 1997 after raising $54million through Amazon's initial public offering (IPO). What benefit would Bezos bring the league? Bezos founded the aerospace manufacturer and sub-orbital spaceflight services company Blue Origin in 2000. [212] During March 9, Bezos earned $230,000 every 60 seconds. Bezos became D. E. Shaw's fourth senior vice-president by age 30. [91] The 18-year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion. 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? 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. The league and its [247] Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and one daughter adopted from China. As CBS Sports reported back in 2019, Bezos spent some time getting close with several owners back then and he had "strong support within the league" to become an owner at that point. [15] In September 2022, he was ranked second on the Forbes 400 list of wealthiest Americans with a net worth of $151 billion. [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. Jeff Bezos will officially step down as Amazon CEO on Sunday. Whats more, the report also said that He also purchased the major American newspaper The Washington Post in 2013 for $250million and manages many other investments through his venture capital firm, Bezos Expeditions. Shaw in 1994 and moved to Washington State to start Amazon as an Internet bookstore. For other people with the surname, see, Wealthiest people in the United States by state, All currency figures expressed in the United States dollar (US$) 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. According to BBC, Bezos's top security staffer, Gavin de Becker,[279] "linked the hack to the Washington Post's coverage of the murder of Saudi writer Jamal Khashoggi at the Saudi consulate in Istanbul". WNBA star Chiney Ogwumike is also an investor. 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. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. 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. Forensic analysis of Bezos's mobile phone conducted by advisory firm FTI Consulting, concluded it "highly probable" that the hack was achieved using a malicious file hidden in a video sent in a WhatsApp message to Bezos from the personal account of the crown prince on May 1, 2018. Billionaire Amazon and Washington Post Owner Jeff Bezos has reportedly come up short in his bid to buy the Washington Commanders football team. Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics. [63], In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671million, the largest sum he had ever raised from selling some of his Amazon stock. [44] Bezos was promoted to head of development and director of customer service thereafter. [137][138][139], Bezos was seen by some as needlessly quantitative and data-driven. [238][239], In January 2019, Bezos and his wife Mackenzie Scott released a joint statement which revealed that they would be getting divorced after 25 years together. He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? ", "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? Jeff Bezos plays games here and there but you wouldnt On this Wikipedia the language links are at the top of the page across from the article title. [85] The American workers who were being paid the minimum wage had this increased to $15 per hour, a decision that was interpreted as support for the Fight for $15 movement. [121][122], Bezos also supports philanthropic efforts through direct donations and non-profit projects funded by Bezos Expeditions. It is the world's largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch. [119] Bezos is involved in the healthcare sector, which includes investments in Unity Biotechnology, GRAIL, Juno Therapeutics, and Zocdoc. We Have 4 Guesses", "Jeff Bezos to fund schools where 'child will be the customer' with new charity", "Jeff Bezos to Create $2 Billion Fund for Homeless, Preschools", "Jeff Bezos Unveils Multibillion-Dollar Plans For Charitable Giving", "Jeff Bezos donates $33million to scholarship fund for 'dreamers', "Backed by Bill Gates and Jeff Bezos, Breakthrough Energy Ventures places first bets on power storage", "Jeff Bezos donates $10million to organization that helps veterans run for office", "Amazon founder Jeff Bezos commits $10bn to fight climate change", "Jeff Bezos: World's richest man pledges $10bn to fight climate change", "Bezos Earth Fund announces first grants totaling $791M of his $10B pledge to help planet", "Bezos Earth Fund gives nearly $800 million to climate groups in first round of grants", "Jeff Bezos names first recipients of his $10 billion Earth Fund for combating climate change", "Twitter boss pledges $1bn for coronavirus relief", "Why Jeff Bezos's $100 million donation to food banks won't satisfy his critics", "Jeff Bezos Pledges $2B for Nature Conservation as World Leaders Address Deforestation, Emissions", Jeff Bezos's tuition-free preschool is expanding to new locations in Texas and Florida. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [25] Jeff's maternal grandfather was Lawrence Preston Gise, a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque. [9] In August 2020, according to Forbes, he had a net worth exceeding $200billion. He worked on Wall Street in a variety of related fields from 1986 to early 1994. 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. [190] From 2005 to 2007, he quadrupled his net worth to $8.7billion. [249] Public records, family history, and biographical details suggest that both were raised under some form of Christianity. [7], The company left stealth mode and launched on January 19, 2022, with a start capital of $3 billion and an executive team led by Hal Barron. [20] Jeff attended a Montessori school in Albuquerque, New Mexico, when he was two years old. 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, [51] He favored diverting Amazon profits back into the company in lieu of allocating it amongst shareholders in the form of dividends. Jeff Bezos quit his job at an investment bank in 1994 and moved to Seattle, Washington, to open a virtual bookstore. [59][failed verification] In November 2007, Bezos launched the Amazon Kindle. The current market value of 40 shares is $40. [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". [117][118] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging. [260] Jeff Bezos and MacKenzie Bezos have supported the legalization of same-sex marriage, and in 2012 contributed $2.5million to Washington United for Marriage, a group supporting a yes vote on Washington Referendum 74, which affirmed a same-sex marriage law enacted in the state. [191] After the financial crisis and succeeding economic recession, his net worth would decrease to $6.8billiona 17.7% drop. twitter Vote 3 Related Topics NFL Professional football Professional sport Football Sports 3 comments Best Add a Comment Zac_Anarumo 4 min. 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. [199] After sporadic jumps in Amazon's share price, in July 2017 he briefly unseated Microsoft cofounder Bill Gates as the wealthiest person in the world. Overtime is a media company that distributes original sports content on social media outlets, including Snapchat, YouTube and Facebook. [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. [45][246] In 1994, they moved across the country to Seattle, Washington, where Bezos founded Amazon. 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. [278] In March 2019, Bezos's security consultant accused the Saudi government of hacking Bezos's phone. [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. Jeffrey Preston Bezos (/bezos/ BAY-zohss;[2] n Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. [283], Bezos donated to the Fred Hutchinson Cancer Research Center several times between 2009 and 2017. [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. [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. [49] Prior to settling on Seattle, Bezos had investigated setting up his company at an Indian reservation near San Francisco in order to avoid paying taxes. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. "[273] Despite Bezos's support for an open borders policy towards immigrants, Amazon has actively marketed facial recognition software to U.S. Immigration and Customs Enforcement (ICE). [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. [132] During the 1990s, Bezos earned a reputation for relentlessly pushing Amazon forward, often at the expense of public charity and social welfare. [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. In February 2023, Bezos was presented with the, denotes retired vehicles, engines, products, This page was last edited on 2 March 2023, at 19:21. [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. Jeff Bezos saw his wealth slashed by $20 billion on Friday, cutting him to No. He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. [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. [274], In 2019, a political action committee linked to Bezos spent over $1million in an unsuccessful attempt to defeat the reelection bid of Seattle city council member and activist Kshama Sawant. [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. Perez of FrontOfficeSports.com reports that no bid exceeded $6.3 billion. [114] After a surge in online readership in 2016, the paper was profitable for the first time since Bezos made the purchase in 2013. [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. Overtime's basketball league offers $100K salaries to teen players. [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. [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%. Their returns? Global investment firm Blackstone, Morgan Stanley and many NBA stars, including Devin Booker, Trae Young and Klay Thompson, joined the investment round. [187] His wealth plummeted even more the following year, dropping 66.6% to $2.0billion. [62] In October of that year, Amazon was recognized as the largest online shopping retailer in the world. [51], In 1998, Bezos diversified into the online sale of music and video, and by the end of the year he had expanded the company's products to include a variety of other consumer goods. 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].
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