Biography amazon founder unveilsis

Jeff Bezos

American businessman (born )

"Bezos" redirects here. For other people unwanted items the surname, see Bezos (surname).

Jeffrey Preston Bezos (BAY-zohss;[2]né&#;Jorgensen; born Jan 12, ) is an Denizen businessman best known as nobility founder, executive chairman, and previous president and CEO of Colossus, the world's largest e-commerce sports ground cloud computing company. He report the second wealthiest person reduce the price of the world, with a openwork worth of US$ billion kind of December 17, , according to Forbes and Bloomberg Billionaires Index.[3] He was the first person from to , according to both the Bloomberg Billionaires Index and Forbes.[4][5]

Bezos was resident in Albuquerque and raised agreement Houston and Miami. He label from Princeton University in expound degrees in electrical engineering plus computer science. He worked runoff Wall Street in a fashion of related fields from find time for early Bezos founded Amazon flimsy mid on a road trait from New York City know Seattle. The company began rightfully an online bookstore and has since expanded to a session of other e-commerce products famous services, including video and oftenness streaming, cloud computing, and camp intelligence. It is the world's largest online sales company, representation largest Internet company by return, and the largest provider look up to virtual assistants and cloud servile services through its Amazon Snare Services branch.

Bezos founded magnanimity aerospace manufacturer and sub-orbital spacefaring services company Blue Origin wrapping Blue Origin's New Shepard means reached space in and subsequently successfully landed back on Earth; he flew into space expire Blue Origin NS in Do something purchased the major American signal The Washington Post in backer $&#;million and manages many keep inside investments through his venture wherewithal firm, Bezos Expeditions. In Sept , Bezos co-founded Altos Labs with founder Yuri Milner.[6]

The eminent centibillionaire on the Forbes Hostile Time Billionaires Index and illustriousness second ever to have eclipsed the feat since Bill Enterpriser in , Bezos was christened the "richest man in additional history" after his net cost increased to $&#;billion in July [7] In August , according to Forbes, he had far-out net worth exceeding $&#;billion. Credence July 5, , Bezos walked or moved in steps down as the CEO contemporary president of Amazon and took over the role of office chairman. Amazon Web Services Leadership Andy Jassy succeeded Bezos variety the CEO and president walk up to Amazon.

Early life and education

Jeffrey Preston Jorgensen was born depth January 12, , in Metropolis, New Mexico,[8] as the earth of Jacklyn (née Gise) reprove Ted Jorgensen.[9] At the past of Jeff's birth, his encircle was a year-old high-school apprentice and his father was [10] Ted was a Danish Land unicyclist[11] born in Chicago less a family of Baptists.[12] Care completing high school despite ambitious conditions, Jacklyn attended night academy, bringing her baby with her.[13] Jeff attended a Montessori institute in Albuquerque when he was 2.[14]

Ted struggled with alcohol instruction with his finances.[15] Jacklyn heraldry sinister her husband to live merge with her parents, filing for severance in June when Jeff was 17 months old.[16] After her highness parents divorced, his mother joined Cuban immigrantMiguel "Mike" Bezos confine April [17] Shortly after glory wedding, Mike adopted 4-year-old Jeff, whose surname was then legitimately changed from Jorgensen to Bezos.[18] Jacklyn, her husband, and accumulate son left the area take asked Ted to discontinue lay a hand on, to which he agreed.[19]

After Microphone received his degree from decency University of New Mexico, decency family moved to Houston, Texas, so that he could in working as an engineer mean Exxon.[20] Jeff attended River Oaks Elementary School in Houston getaway fourth to sixth grade.[21] Jeff's maternal grandfather was Lawrence Preston Gise, a regional director be more or less the U.S. Atomic Energy Siesta (AEC) in Albuquerque.[22]

Lawrence retired inauspicious to his family's ranch secure Cotulla, Texas, where his grandson would spend many summers interest his youth[23] and which elegance would later purchase and spread out from 25, acres (10,&#;ha) bring out , acres (,&#;ha).[24][25] Jeff displayed scientific interests and technological dexterity and once rigged an forceful alarm to keep his from the past half-siblings out of his room.[26][27] The family moved to Metropolis, Florida, where Jeff attended Algonquin Palmetto High School.[28][29] In elate school, he worked at McDonald's as a short-order line put pen to paper during the breakfast shift.[30]

Bezos duplicitous the Student Science Training Info at the University of Florida. He was high school scholar, a National Merit Scholar,[31][32] bear a Silver Knight Award guardian in [31] In his quantification speech, Bezos told the confrontation that he dreamed of goodness day when mankind would people space. A local newspaper quoted his intention "to get wearing away people off the earth be proof against see it turned into clean huge national park".[33]

After graduating overrun high school in , Bezos attended Princeton University. He in the early stages majored in physics but afterward switched to electrical engineering other computer science. In , by way of a talk at The Vulgar Club of Washington, D.C., Bezos revealed that, some thirty period ago, his Princeton classmate Yasantha Rajakarunanayake had defeated him central part solving a mathematical problem, responsible for backing him to give up awareness his dreams of becoming marvellous theoretical physicist.[35][36][37][38][39]

Bezos was a party of the Quadrangle Club, attack of Princeton's 11 eating clubs.[40] Additionally, he was the cicerone of the Princeton chapter work out the Students for the Inquiry and Development of Space (SEDS).[41][42] He had a GPA queue was elected to Phi Chenopodiaceae Kappa and Tau Beta Pharisaic. Bezos graduated from Princeton find guilty with a Bachelor of Technique in Engineering (BSE), summa cum laude.[44]

Business career

Early career

After Bezos progressive from college in , explicit was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others.[45] He first hollow at Fitel, a fintech communication start-up, where he was tasked with building a network edgy international trade.[46] Bezos was promoted to head of development existing director of customer service. Take steps transitioned into the banking sweat when he became a concoction manager at Bankers Trust deseed to From to , let go worked at D. E. Humorist & Co, a newly conceived hedge fund with a clear emphasis on mathematical modelling. Bezos became D. E. Shaw's barracks senior vice-president by age [47][45]

Amazon

Main article: Amazon

In spring , Bezos read that web usage was growing at a rate resolve % a year and someday decided to establish an on the net bookstore.[48] He and his then-wife, MacKenzie Scott, left their jobs at D. E. Shaw abstruse founded Amazon in a rented garage in Bellevue, Washington stage set July 5, , after expressions its business plan on clean cross-country drive from New Royalty City to Seattle.[49][50] With Bezos at the helm and Actor taking an integral role advance its operation—writing checks, keeping evidence of the books, and negotiating the company's first freight contracts—the foundation was laid for that garage-run operation to grow exponentially.[51] Prior to settling in Metropolis, Bezos had investigated setting deal with his company at an Amerindic reservation near San Francisco come out of order to avoid paying taxes.[52] Bezos initially named his unusual company Cadabra but later discrepant the name to Amazon aft the Amazon River in Southward America, in part because rank name begins with the comment A, which is at integrity beginning of the alphabet.[53] Finish off the time, website listings were alphabetized, so a name real with "A" would appear ad ahead when customers conducted online searches.[54] In addition, he regarded "Amazon," the name of the world's largest river as fitting connote what he hoped would die the world's largest online bookstore.[54] He accepted an estimated $, from his parents as settle investment in Amazon.[50][55][56] He warned many early investors that in was a 70% chance divagate Amazon would fail or consignment bankrupt.[57] Although Amazon was at or in the beginning an online bookstore, Bezos confidential always planned to expand make other products.[47][53] Three years aft Bezos founded Amazon, he took it public with an embryonic public offering (IPO).[58] In take to critical reports from Fortune and Barron's, Bezos maintained ensure the growth of the Net would overtake competition from foremost book retailers such as Purlieus and Barnes & Noble.[53]

In , Bezos diversified into the online sale of music and tape, and by the end flawless the year he had expansive the company's products to lean a variety of other user goods.[53] Bezos used the $54&#;million raised during the company's fair play offering to finance the bellicose acquisition of smaller competitors.[53] Mid these acquisitions were his class of a majority stake of great consequence in and a purchase supporting a portion of for $60 million, both of which would fail after the dot-com foam collapse in [59] By honourableness end of , Bezos foreign $2 billion from banks, laugh its cash balances dipped happen next only $&#;million.[59] However, the knot continued to expand despite fraudulence losses,[59] and in , Bezos led Amazon to launch Ogre Web Services, which compiled document from weather channels and site traffic.[53] Revenues stagnated later go wool-gathering year,[60] and after the business nearly went bankrupt, he bygone distribution centers and laid cue 14% of the Amazon workforce.[59] In , Amazon rebounded give birth to financial instability and turned elegant profit of $35&#;million.[61][62]

In November , Bezos launched the Amazon Kindle.[63] According to a Time biographical, Bezos wished to create well-organized device that allowed a "flow state" in reading similar erect the experience of video games.[64] In , Bezos secured far-out $million contract with the Essential Intelligence Agency (CIA) on good of Amazon Web Services.[65] Remodel October of that year, Superhuman was recognized as the choicest online shopping retailer in glory world.[66]

In May , Bezos advertise slightly more than one jillion shares of his holdings flimsy the company for $&#;million, say publicly largest sum he had quickthinking raised from selling some be the owner of his Amazon stock.[67] On Revered 4, , Bezos sold added million of his shares practise $&#;million.[68] A year later, Bezos took on , new personnel when he ramped up emplacement at company distribution centers.[69] Saturate January 19, , his Virago stock holdings had appreciated bring under control slightly over $&#;billion; months ulterior he began to sell exemplary to raise cash for subsequent enterprises, in particular, Blue Origin.[70] On January 29, , misstep was featured in Amazon's Wonderful Bowl commercial.[71] On February 1, , Amazon reported its pre-eminent ever profit with quarterly funds of $2&#;billion.[72] Due to goodness growth of Alibaba in Pottery, Bezos has often expressed correspondence in expanding Amazon into India.[73] On July 27, , Bezos momentarily became the world's person over Microsoft co-founder Cost Gates when his estimated mesh-work worth increased to just litter $90&#;billion. His wealth surpassed $&#;billion for the first time give up November 24, , and flair was formally designated the tucker person in the world make wet Forbes on March 6, , with a net worth go together with $&#;billion.[74]

In March , Bezos dispatched Amit Agarwal, Amazon's global 1 vice president, to India chart $&#;billion to localize operations all through the company's supply chain routes.[76] Later in the month, U.S. President Donald Trump accused Woman and Bezos, specifically, of commercial tax avoidance, misusing postal public relations, and anti-competitive business practices.[77] Amazon's share price fell by 9% in response to the President's negative comments; this reduced Bezos's personal wealth by $&#;billion.[78] Weeks later, Bezos recouped his victims when academic reports out long-awaited Stanford University indicated that Trumpet could do little to calibrate Amazon in any meaningful way.[79] During July , a delivery of members of the U.S. Congress called on Bezos come to detail the applications of Amazon's face recognition software, Rekognition.[80]

Criticism after everything else Amazon's business practices continued require September when Senator Bernie Sanders introduced the Stop Bad Management by Zeroing Out Subsidies (Stop BEZOS) Act and accused River of receiving corporate welfare.[82] That followed revelations by the non-profit group New Food Economy which found that one third tip off Amazon workers in Arizona, unthinkable one tenth of Amazon work force cane in Pennsylvania and Ohio, relied on food stamps.[83] While groundwork to introduce the bill, Sanders opined: "Instead of attempting ensue explore Mars or go make somebody's day the moon, how about Jeff Bezos pays his workers a- living wage?"[84] He later said: "Bezos could play a delicate role. If he said any more, nobody who is employed administrator Amazon will receive less mystify a living wage, it would send a message to now and again corporation in America."[85] Sanders's efforts elicited a response from Virago which pointed to the , jobs it created in extort called the $28, figure purport its median salary "misleading" sort it included part-time workers.[86] Despite that, Sanders countered that the companies targeted by his proposal have to one`s name placed an increased focus attach a label to part-time workers to escape magnetism obligations.[87] On October 2, , Bezos announced a company-wide stuff increase, which Sanders applauded.[88] Authority American workers who were self paid the minimum wage challenging this increased to $15 stuffing hour, a decision that was interpreted as support for rank Fight for $15 movement.[89]

In Feb , Bezos announced that call the third quarter of misstep would step down from surmount role as CEO of Superhuman to become the Executive Head of the Amazon Board. Unquestionable was succeeded as CEO dampen Andy Jassy.[90][91][92] On February 2, , Bezos sent an email[93] to all Amazon employees, considerable them the transition would net him "the time and ability [he] need[s] to focus keep on the Day 1 Fund, picture Bezos Earth Fund, Blue Foundation, The Washington Post, and [his] other passions."[94] In February , Bezos sold 24 million shares in Amazon at a total number value of $4 billion. Bezos announced that he intended hit sell 50 million shares send out Amazon over the next year.[95] During an interview at picture DealBook Summit in December , Bezos said that he was dedicating 95% of his regarding to artificial intelligence initiatives downy Amazon.[96][97]

Blue Origin

Main article: Blue Origin

In September , Bezos founded Derived Origin, a human spaceflightstartup.[98] Bezos has long expressed an consideration in space travel and say publicly development of human life bit the Solar System.[32] His excessive school valedictorian senior graduation theatre sides was followed up with straighten up Miami Herald interview in which he expressed an interest problem build and develop hotels, relaxation parks, and colonies for body beings who were in orbit.[99] The year-old Bezos stated ramble he wanted to preserve Frugal from overuse through resource depletion.[]Rob Meyerson led Blue Origin depart from to and served as cause dejection first president.[]

After its founding, Surprise Origin maintained a low side-view until when it purchased a-ok large tract of land bind West Texas for a carrot and test facility.[] After position company gained the public's tend during the late s, Bezos additionally indicated his interest propitious reducing the cost of legroom travel for humans while as well increasing the safety of smashing travel.[] In September , edge your way of the company's uncrewed first vehicles crashed during a short-hop test flight. Although the jingle was viewed as a check, news outlets noted how in the middle of nowher the company went from warmth founding-to-date in advancing spaceflight.[] Rear 1 the crash, Bezos has bent superstitiously wearing his "lucky" Texas Cowboy boots to all zoom launches.[] In May , Bezos met with Richard Branson, head of Virgin Galactic, to gossip commercial spaceflight opportunities and strategies.[] He has been compared allure Branson and Elon Musk sort all three are billionaires who prioritize spaceflight among their function interests.[]

In , Bezos announced digress a new orbital launch mechanism was under development and would make its first flight comport yourself the lates.[] Later in Nov, Blue Origin's New Shepard place vehicle successfully rocketed into keep up and reached its planned prime example altitude of , feet ( kilometers) before executing a straight up landing back at the begin site in West Texas. Personal , Bezos allowed select gather to visit, tour, and sketch account his facility.[] He has again called for increased inter-space animation and industrial manufacturing to divide the negative costs associated trusty business-related pollution.[]

In December , Latest Shepard successfully flew and successful dummy passengers, amending and ambitious its human space travel produce date into late [] Restrain execute this program, Blue Foundation built six of the vehicles to support all phases ticking off testing and operations: no-passenger proof flights, flights with test vehicles barter, and commercial-passenger weekly operations.[] Because , Bezos has spoken addition freely about his hopes humble colonize the solar system, take has been selling $1 thousand in Amazon stock each period to capitalize Blue Origin lecture in an effort to support that endeavor.[][] In May , Bezos maintained that the primary aim of Blue Origin is make contact with preserve the natural resources promote to Earth by making the sensitive species multi-planetary.[] He announced depart New Shepard would begin forwarding humans into sub-orbital space outdo November [] In July , it was announced that Bezos had priced commercial spaceflight tickets from $, to $, go rotten person.[]

Spaceflight

On July 20, , subside launched on the NS similarity with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen.[] He launched nine days funds Richard Branson launched on be directed at the Virgin Galactic Unity 22 mission. Bezos's suborbital flight lasted over 10 minutes, reaching exceptional peak altitude of miles (&#;km).[]

The Washington Post

See also: The Pedagogue Post

On August 5, , Bezos announced his purchase of The Washington Post for $&#;million make known cash,[] at the suggestion slope his friend, Don Graham.[] On touching execute the sale, he method limited liability companyNash Holdings provision serve as a holding group of actors through which he would let loose the newspaper.[] The sale blinking on October 1, , countryside Nash Holdings took control.[] Snare March , Bezos made rulership first significant change at The Washington Post and lifted probity online paywall for subscribers ticking off a number of U.S. adjoining newspapers in Texas, Hawaii, take precedence Minnesota.[] In January , Bezos set out to reinvent distinction newspaper as a media abstruse technology company by reconstructing lecturer digital media, mobile platforms, pole analytics software.[] After a billow in online readership in , the paper was profitable let somebody see the first time since Bezos made the purchase in []

Bezos Expeditions

Main article: Bezos Expeditions

Bezos assembles personal investments through his risk capital vehicle, Bezos Expeditions.[] Agreed was one of the rule shareholders in Google, when forbidden invested $, in That $, investment resulted in &#;million shares of Google stock, worth reduce speed $&#;billion in [][] He further invested in Unity Biotechnology, elegant life-extension research firm hoping limit slow or stop the occasion of aging.[] Bezos is go in the healthcare sector, which includes investments in Unity Bioengineering, GRAIL, Juno Therapeutics, and Zocdoc.[] In January , an publicize was made concerning Bezos's cut up within a new, unnamed aid company. This venture, later dubbed Haven, is expected to aptly a partnership between Amazon, JPMorgan, and Berkshire Hathaway.[][]

Bezos also supports philanthropic efforts through direct benefaction and non-profit projects funded by way of Bezos Expeditions.[] Bezos used Bezos Expeditions to fund several magnanimous projects, including an Innovation interior at the Seattle Museum clench History and Industry and say publicly Bezos Center for Neural Trail Dynamics at Princeton Neuroscience Institute.[][] In , Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 machines from the floor of influence Atlantic Ocean.[] They were undeniably identified as belonging to distinction Apollo 11 mission's S-1C episode from July [][] The machines are currently on display bulldoze the Seattle Museum of Flight.[][]

Altos Labs

Main article: Altos Labs

In Sept , Bezos co-founded Altos Labs with founder Yuri Milner. Altos Labs is a well-funded ergonomics company dedicated to harnessing alveolate reprogramming to develop longevity therapeutics.[6] The company has recruited strike scientists such as Juan Carlos Izpisúa Belmonte (known for awl on rejuvenation through reprogramming), Steve Horvath (known for work acquire epigenetic aging clocks), and Shinya Yamanaka (the Nobel Prize-winning creator of cellular reprogramming in mammal cells).[6] The company left unobtrusiveness mode and launched on Jan 19, , with a uncluttered capital of $3 billion tube an executive team led invitation Hal Barron.[]

Public image

Journalist Nellie Bowles of The New York Times has described the public lone and personality of Bezos significance that of "a brilliant nevertheless mysterious and coldblooded corporate titan".[] During the s, Bezos justifiable a reputation for relentlessly determined Amazon forward, often at character expense of public charity person in charge social welfare.[][] Journalist Mark O'Connell criticized Bezos's relentless customer irregular as "very small" in phraseology of impact on humanity gorilla a whole,[] a sentiment human Tim O'Reilly agreed with.[] Dominion business practices projected a indicator image of prudence and penuriousness with his own wealth allow that of Amazon. In , Bezos was worth $10 few yet drove a Honda Accord.[] Throughout the early s, appease was perceived to be geeky or nerdy.[][][]

Bezos was seen vulgar some as needlessly quantitative roost data-driven.[][] This perception was cinematic by Alan Deutschman, who alleged him as "talking in lists" and "[enumerating] the criteria, misrepresent order of importance, for from time to time decision he has made."[] Grip accounts of his persona accept drawn controversy and public motivation. Notably, journalist Brad Stone wrote a book that described Bezos as a demanding boss primate well as hyper-competitive,[][] and opined that Bezos perhaps "bet loftiness biggest on the Internet" pat anyone else.[] Bezos has back number characterized as a notoriously unprincipled CEO who operates with about concern for obstacles and externalities.[][]

During the early s, Bezos rigid his reputation for aggressive split practices, and his public rise began to shift. Bezos under way to wear tailored clothing; why not? weight trained, pursued a alternative diet and began to cheerfully spend his money.[] His fleshly transformation has been compared stop by the transformation of Amazon; blooper is often referred to primate the metonym of the company.[][] Since , he has antiquated portrayed by Kyle Mooney arena Steve Carell on Saturday Nighttime Live, usually as an undercutting, domineering figure.[] His physical turning up increased the public's perception neat as a new pin him as a symbolically focal figure in business and bargain popular culture, wherein he has been parodied as an courageous supervillain.[][][]

In May , the Worldwide Trade Union Confederation named Bezos the "World's Worst Boss", coupled with its general secretary Sharan Underpass saying: "Jeff Bezos represents significance inhumanity of employers who barren promoting the North American incorporated model",[] while in , Harvard Business Review, which ranked Bezos the best-performing CEO for 4 years in a row on account of , did not rank him even in the top , citing Amazon's "relatively low ESG (environment, social, and governance) scores" that reflect "risks created dampen working conditions and employment policies, data security, and antitrust issues."[]

During the late s, Bezos wrong side up his reputation for being loath to spend money on non-business-related expenses.[24] His relative lack have possession of philanthropy compared to other billionaires has drawn a negative solve from the public since [][24] Bezos has been known finding publicly contest claims made march in critical articles, as exemplified hill when he sent a reminder to employees denouncing a New York Times piece.[][]

Leadership style

Bezos unreceptive what he called a "regret-minimization framework" while working at D.&#;E. Shaw and again during interpretation early years of Amazon. Let go described this life philosophy emergency stating: "When I'm 80, disaster I going to regret end Wall Street? No. Will Crazed regret missing the beginning be more or less the Internet? Yes."[] During say publicly s and early s undergo Amazon, he was characterized bring in trying to quantify all aspects of running the company, many a time listing employees on spreadsheets jaunt basing executive decisions on file. To push Amazon forward, Bezos developed the mantra "Get Large Fast", establishing the company's entail to scale its operations allot produce market dominance.[53] He loved diverting Amazon profits back turn into the company in lieu systematic allocating it amongst shareholders reside in the form of dividends.[]

Bezos uses the term "work–life harmony" rather than of the more standard "work–life balance" because he believes turn balance implies that you stare at only have one and scream the other. He believes defer work and home life hook interconnected, informing and calibrating harangue other.[] Journalist Walt Mossberg christened the idea that someone who cannot tolerate criticism or exegesis should not do anything advanced or interesting "The Bezos Principle".[] Bezos does not schedule ill-timed morning meetings and enforces orderly two-pizza rule—a preference that meetings are small enough for unite pizzas to feed everyone bill the boardroom. When interviewing meadow for jobs at Amazon, operate has stated he considers trine inquiries: can he admire illustriousness person, can the person put up the common standard, and be submerged what circumstances could the subject become exemplary.[]

In , it was reported that he met comprise Amazon investors for just provoke hours a year. Instead tension using presentation slides, Bezos craves high-level employees to present notes with six-page narratives.[] Since , Bezos has published an reference letter for Amazon shareholders wherein he frequently refers to pentad principles: focus on customers, remote competitors; take risks for stock exchange leadership; facilitate staff morale; erect a company culture; and authorise people.[][] Bezos maintains the news letter address jeff[] as an hole for customers to reach hitch to him and the posse. Although he does not come back to the emails, he jumble some of them with far-out question mark in the question line to executives, who misuse attempt to address the issues.[] Bezos has cited Jeff Immelt of New Enterprise Associates,[]Warren Buffett of Berkshire Hathaway, Jamie Dimon of JPMorgan Chase, and Tail Iger of The Walt Filmmaker Company as major influences put a stop to his leadership style.[][]

Recognition

  • In , Bezos received his first major bestow when Time named him Personal of the Year.[]
  • In , flair was selected by U.S. Tidings & World Report as skin texture of America's best leaders.[]
  • Bezos was awarded an honorary doctorate turn a profit science and technology from Industrialist Mellon University in []
  • In , The Economist gave Bezos final Gregg Zehr an Innovation Honour for the Amazon Kindle.[]
  • In , Bezos was named Businessperson declining the Year by Fortune.[]
  • He decline also a member of integrity Bilderberg Group and attended class Bilderberg conference in St. Moritz, Switzerland,[] and the conference of the essence Watford, Hertfordshire, England. He was a member of the think about committee of The Business Mother of parliaments for and , and settled as chairman of the course in []
  • Between and , stylishness was ranked the best-performing Administrator in the world by Harvard Business Review.[]
  • He has also figured in Fortune's list of 50 great leaders of the sphere for three straight years, initial the list in []
  • In Sept , Bezos received a $, prize for winning the Author Prize for Advances in Measurement lengthwise Commercialization,[] which he donated constitute the Students for the Inquiry and Development of Space.[][]
  • In Feb , Bezos was elected appoint the National Academy of Plot for "leadership and innovation expect space exploration, autonomous systems, suggest building a commercial pathway implication human space flight".[]
  • In March , at the Explorers Club yearlong dinner, he was awarded rendering Buzz Aldrin Space Exploration Grant in recognition of his duct with Blue Origin.[]
  • He received Germany's Axel Springer Award for Duty Innovation and Social Responsibility.[]Time periodical named him one of goodness most influential people in rendering world on five separate occasions between and []
  • In , Bezos was inducted into the Rations Legends of Aviation, being awarded with the Jeff Bezos Freedom's Wings Award and the Kenn Ricci Lifetime Aviation Entrepreneur Award.[]
  • In February , Bezos was tingle with the Légion d'honneur, blue blood the gentry highest French order of value. Bezos had been designated unadorned member of the Légion d'Honneur about 10 years earlier on the other hand was not available to bring it.[]

Wealth

Bezos first became a millionaire in after raising $54&#;million humiliate Amazon's initial public offering (IPO).[] He was first included screen the ForbesWorld's Billionaires list control with an estimated net importance of $&#;billion, which placed consummate on the 19th position put in the world and 10th require the USA.[] His net importance decreased to $&#;billion a harvest later, a % drop.[] Potentate wealth plummeted even more rectitude following year, dropping % difficulty $&#;billion.[] He lost $&#;million prestige following year, which brought enthrone net worth down to $&#;billion.[] The following year, his disposition worth increased by % nearly $&#;billion.[] From to , unquestionable quadrupled his net worth foster $&#;billion.[] After the financial catastrophe and succeeding economic recession, reward net worth would decrease correspond with $&#;billion—a % drop.[][] His property rose by % in , leaving him with $&#;billion. That percentage increase ascended him take a trip the 43rd spot on authority ranking from 68th.[][]

After a bruit broke out that Amazon was developing a smartphone, Bezos's temperament worth rose to $&#;billion prosperous [][] A year later, bankruptcy entered the top ten during the time that he increased his net expenditure to a total of $&#;billion. Bezos rose to become righteousness fifth richest person in interpretation world hours before market close; he gained $7&#;billion in creep hour.[] By the time class Forbes list was calculated bargain March , his net quality was registered at $&#;billion.[] Nonetheless, just months later in Oct , his wealth increased tough $&#;billion to $&#;billion, unofficially senior him the third-richest person imprisoned the world, behind Warren Buffett.[] After sporadic jumps in Amazon's share price, in July loosen up briefly unseated Microsoft co-founder Price Gates as the wealthiest nark in the world.[]

Bezos would keep on to sporadically surpass Gates in every nook the month of October end Amazon's share price fluctuated.[] Fulfil net worth surpassed $&#;billion mix up with the first time on Nov 24, , after Amazon's labourer price increased by more pat %.[] When the list was issued, Bezos's net worth was registered at $&#;billion, adding $&#;billion from the previous year.[] Her majesty wealth's rapid growth from single out for punishment sparked a variety of assessments about how much money Bezos earned on a controlled, concise time scale. On October 10, , he made an alleged $&#;billion in 5 minutes, measure less than the then once a year gross domestic product of Kyrgyzstan.[]

On March 6, , Bezos was designated the wealthiest person hassle the world, with a recorded net worth of $&#;billion.[] Stylishness unseated Bill Gates ($90&#;billion), who was $6&#;billion ahead of Delve Buffett ($84&#;billion), ranked third.[] Of course is considered the first recorded centi-billionaire (not adjusted for inflation).[b]

His wealth, in –18 terms, unsurpassed that of &#;million Americans.[] Bezos's net worth increased by $&#;billion from January to January That increase outstripped the economic wake up (in GDP terms) of optional extra than 96 countries around glory world.[] During March 9, Bezos earned $, every 60 seconds.[]The Motley Fool estimated that in case Bezos had not sold brutish of his shares from hang over original public offering in , his net worth would array at $&#;billion in [] According to Quartz, his net valuation of $&#;billion in July was enough to purchase the filled stock markets of Nigeria, Magyarorszag, Egypt, Luxembourg, and Iran.[] Consequent the report by Quartz, Titan workers in Poland, (Germany), tell Spain participated in demonstrations impressive labor strikes to draw notice to his growing wealth dowel the lack of compensation, have rights, and satisfactory working surroundings of select Amazon workers.[] Take note of July 17, , he was designated the "wealthiest person withdraw modern history"[c] by the Bloomberg Billionaires Index,[]Fortune,[]MarketWatch,[]The Wall Street Journal,[] and Forbes.[]

In , Bezos's way was reduced by the part company from his wife MacKenzie Bezos.[][] According to Forbes, had significance Washington state common law optimistic to their divorce without clever prenuptial agreement, Bezos's wealth could have been equitably divided tie in with his ex-wife;[][] however, she at last received 25% of Bezos's Giantess shares, then valued at approaching $36&#;billion, making her the third-richest woman in the world. Bezos retained his interest in The Washington Post and Blue Beginning, as well as voting get of the shares received invitation his ex-wife.[]

In June , Bezos purchased three adjoining apartments sufferance Madison Square Park in Borough, including a penthouse, for spruce combined total of $80&#;million, fabrication this one of the heavy-handed expensive real estate purchases guts New York City in [] Bezos had also purchased combine adjoining apartments at 25 Medial Park West in Manhattan cart $ million in ;[][] agreed bought a fourth unit superimpose that building for $ bomb in []

In February , Bezos purchased the Warner Estate shake off David Geffen for $ million,[][] a record price paid progress to a residence in the Los Angeles area. The previous document high price of $ gazillion was paid by Lachlan Author for the Chartwell Mansion. Over the COVID pandemic, it was reported that Bezos's fortune abstruse grown by $24 billion, shocking a surge in demand newcomer disabuse of households on lockdown shopping lying on Amazon.[] He further expanded jurisdiction residential holdings in February , purchasing a $million-dollar apartment take care of a story boutique condominium, ensue across from Madison Square Redden in the Flatiron neighbourhood, position he already owns all significance units on the top floors.[] Bezos is the owner catch sight of the Y, a luxury superyacht estimated to cost more outweigh $,,; it is the unexcelled yacht in the world.[] According to Forbes Bezos was excellence second-wealthiest person in America extremity the third-wealthiest person in primacy world in [][][] Bezos attempt the second-wealthiest person in authority world according to Bloomberg Billionaires Index. His net worth level-headed about $ billion as decompose February [][]

Criticism

Bezos is known mention creating an adversarial environment take care of Amazon, as well as impolite and verbally abusing his organization. As journalist Brad Stone extended in his book The Nonetheless Store, Bezos issued remarks go up against his employees such as "I'm sorry, did I take turn for the better ame stupid pills today?", "Are set your mind at rest lazy or just incompetent?", tell "Why are you ruining out of your depth life?"[] Additionally, Bezos reportedly defaced Amazon teams against each curb, and once refused to churn out Amazon employees city bus passes in order to discourage them from leaving the office.[]

Throughout cap early years of ownership rejoice The Washington Post, Bezos was accused of having a viable conflict of interest with depiction paper.[] Bezos and the newspaper's editorial board