Fri. Oct 4th, 2024

Jeff Bezos’s net wealth was $ 212.40 billion (21,240 crores USD in 2021) (around Rs 15.83 Lakh Crore). Jeffrey Preston Bezos, commonly known as Jeff Bezos is an American businessman, industrialist, investor, and media owner. He was born on January 12, 1964, in Albuquerque, New Mexico, son of Jacklyn and Theodore Jørgensen. In 1993 Bezos married Mackenzie Tuttle, which he met in D.e. , While Bezos was in high school, he worked at McDonalds as a short line chef. Bezos has made his graduation from Princeton University. Also read Net Wealth details of Mark Zuckerberg, the value of Bill Gates Net, Anil Ambani, Ambani Mukesh, Net Ratan Tata and Sundar Pichai’s wealth.

Jeff Bezos Net Worth

In July 2021, Net Wealth Jeff Bezo was estimated at around $ 212.40 billion in Indian currencies about the same as Rs 15.83 lakh crore, making it not only among the richest people but richer than others. In 1997, Bezos became a millionaire after raising $ 54 million through the initial public offer of Amazon. His name was first included in the list of miliarder Forbes World in 1999.

About

Jeff Bezos is an electric engineer and also has a degree in computer science. Bezos after graduation worked in several companies on Wall Street. He first worked in a fitlet, telephoto communication start-up. He then moved to the banking industry where he became a product manager at Trust Banker. He then joined D.Shaw & Co.A Hedge Fund with a strong emphasis on mathematical modeling. In 1994, he left his job and targeted the internet market by opening an online bookstore.

Bezos initially named his company Cadabra but then turned to Amazon. He is the founder and CEO of the Multi-National Technology Company ‘Amazon’, the owner of the Washington Post and the founder of the blue space exploration company. He opened Amazon.com, who was named after the South American River. The company ‘Amazon’ initially began as an online bookstore and lately extended to various e-commerce products and services which also included artificial intelligence, cloud computing. Amazon.com go public in 1997 and in two years became an e-commerce leader. The company provides its services through Amazon web services.

Amazon.com is open 24 hours and is a user friendly site. In 1998 he varied into sales of online music and subsequent additional videos. It was the success of Amazon who pushed other retailers and book chains to establish an online store. As a growing competition, Bezos feels necessary to expand and offer a wide range of products, including clothing, electronics, and hardware. At present Amazon is the largest online sales company in the world.

Bezos Net Worth decreased to $ 6.1 billion after a year. His wealth decreases in the coming years. From 2005 to 2007, the net wealth increased to $ 8.7 billion. In 2010 the net wealth was $ 12.6 billion. Furthermore, in 2014, the net wealth rose to $ 30.5 billion. He became the 5th richest person in the world. The net worth rose to $ 45.2 billion in March 2016 and in a few months he rose $ 16.2 bilion, which caused a total value of $ 66.5 billion in October 2016. In July 2017 because of the increase in Amazon’s share price, he supported Microsoft founder bill gate.

Bezos was officially designated as the richest person in the world with a registered net worth of $ 112 billion on March 6, 2018. Bezos is considered the first registered Billionaire. On July 17, 2018, the Bloomberg billionaire index set it as the richest person in modern history. But in 2019 Net Bezos reduced after his divorce from his wife Mackenzie Bezos.

Recognition

Bezos received his first major award in 1999 when the time named him as a person from this year.
He was awarded an innovation award for Amazon Kindle in 2011.
In March 2018, at The Explorers Club he was awarded the Aldrin Space Exploration buzz award in recognition of his work with blue origin.

Jeff Bezos’s assets

Bezos bought three apartments overlooking Madison Square Park, Manhattan, which also included a penthouse of $ 80 million in June 2019, making one of the purchases of expensive real estate. Furthermore in February 2020, he bought a Warner Estate of $ 165 million in Los Angeles. During the pandemic, Fortune Bezos Covid-19 has grown by $ 24 billion. From real estate to the space sector, Bezos knows how to invest the money. He also has substantial ownership in leading company shares.

The price of the company’s shares reflects this phenomenal growth. Jeff Bezos has around 15.1% of the old two decades companies, making it the biggest source of wealth. Thus Bezos ranks the second richest person on earth today.

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