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Amazon’s owner – Jeff Bezos, Rise, How much does he earn per day?

Who is Jeff Bezos?

Amazon’s owner is Jeff Bezos. He is the creator of Amazon, the founder of Blue Origin.

Since 2013, the Washington Post owner is an ambitious, passionate, persuasive, patient, severe man, with his feet on the ground and his head in the future.

But he is also the man who gave world fame to the surname of an emigrant family from Villafrechós, a town of 500 inhabitants, from Valladolid.

In April 2008, Bezos left his job as vice president of DE Shaw & Co., a Wall Street firm, and moved to Seattle.

He commenced working on a business plan for what would eventually become Amazon .com. Jeff Bezos created the Cadabra company on July 5, 1994.

How did Jeff Bezos create Amazon?

  • In the space of a garage, in the largest city in the state of Washington, Seattle, a holiday bridge in 1994 Jeffrey Bezos decided to ride “Cadabra.”
  • The name with which the large company emerged after its creator contacted a lawyer to begin the formal process.
  • Jeff Bezos founded Amazon on July 5, 1994, in Bellevue, Washington, a company listed on Nasdaq under the symbol AMZN.
  • The company has a value of 810,000 million dollars, being the most valuable company globally and 232,887 billion US dollars.
  • Initially, the company did not have that name. His first names were Cadabra and Relentless.
  • But his friends told him that these names sounded somewhat sinister, so Bezos changed the name to Amazon in 1995.
  • The Amazon region inspired Bezos for being a large site and having the biggest river globally. Jeff wanted his online store to be the largest in the world.
  • Amazon has developed various niche markets, from television to online storage. By 2015 Bezos was the fifth richest person in the world.
  • And in 2017, he was the richest man globally, with 40,000 million dollars more than Bill Gates, the second on the list.

Rise of Amazon

  • In 1994, Jeff Bezos thought he had lost the internet business boom, so he decided to initiate a “lament minimization framework.”
  • These were his efforts to compensate for his regret for not investing earlier in the internet’s commercial boom.
  • Therefore, he founded Cadabra.com, a virtual bookstore that was officially opened on July 16, 1995.
  • Jeff Bezos’ parents contributed a lot to this project, supporting him financially from the beginning.
  • Jeff seemed to understand that the internet would become massive very soon, so he devised a complete book catalog.
  • The various compilations from multiple publishers were compiled.
  • The public could buy the books directly from the page after viewing the roster.
  • The company became known worldwide in 1997, when it began to record higher sales and demonstrate that e-commerce was a profitable business alternative, even more so than offline business forms.

How much does Jeff Bezos earn per day?

  • According to the data, Bezos is earning about $ 8.99 billion in a month, or $ 2.25 billion per week this year.
  • It means it makes about $ 321 million each day, $ 13.4 million per hour, $ 222.884 per minute, and $ 3,715 per second this year.
  • He leaves his job at a Wall Street investment bank, crossed the country, and from his parents’ garage in Seattle founded Amazon.
  • His assets are 127.7 billion dollars (107.450 million euros), although it would be much higher if he had not donated millions to charities.
  • In this sense, he has donated more than 27,000 million dollars (22,720 million euros) to the foundation that bears his name since 2006.

Short Biography of Jeff Bezos -Amazon’s owner

  • His full name is Jeffrey Prestos Bezos. He was born on January 12, 1964, in Albuquerque, New Mexico.
  • His first name was Jeffrey Preston Jorgensen, but he changed his last name to Bezos when his stepfather, Cuban Miguel Bezos, adopted him.
  • Jeffrey Bezos studied at River Oaks School and later graduated in Computer Science and Electrical Engineering from Princeton University.
  • Bezos complete his graduation from Princeton University in 1986; he was offered jobs at Intel, Bell Labs, and Andersen Consulting.
  • Then he relocated on to the banking industry when he became a product manager at Bankers Trust from 1988 to 1990.
  • He then joined DE Shaw & Co, a newly founded hedge fund with a strong emphasis on mathematical modeling in 1990, and worked there until 1994.
  • Bezos became DE Shaw’s fourth senior vice president at the age of 30.

Personal life of Amazon’s owner

  • Jeff Bezos, Amazon’s owner is with Lauren Sánchez, his current partner.
  • In 1992, Bezos worked for DE Shaw in Manhattan when he met novelist MacKenzie Tuttle, a research associate at the firm; the couple married a year later.
  • In 1994, they moved from Seattle to Washington, where Bezos founded Amazon.
  • Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and a daughter adopted from China.
  • In March 2003, Bezos was one of three passengers in a helicopter that crashed in West Texas after the rear of the plane hit a tree.
  • Bezos suffered minor injuries and was released from a local hospital the same day.

Played role in movie

  • In 2016, Bezos played a Starfleet officer in the movie Star Trek Beyond and joined the cast and crew at a San Diego Comic-Con screening.
  • He had lobbied Paramount for the role and given Alexa, the artificial intelligence personal assistant created by Amazon.
  • He played the part for single-line speech recognition that consisted of a response to an alien in distress.
  • In his initial discussion of the project that became Alexa with his technical advisor Greg Hart in 2011.
  • Bezos told him that the goal was to create “the Star Trek computer.”

Divorce with Mackenzie, first wife

  • On January 9, 2019, Bezos and his wife of 25 years, MacKenzie, announced on Twitter their intention to divorce after a “long period” of separation.
  • In the year 2019, April 4, the divorce was finalized, with Bezos holding 75% of the couple’s Amazon shares.
  • MacKenzie obtained the remaining 25% ($ 35.6 billion) in Amazon stock.
  • However, Bezos would retain all of the couple’s voting rights.
  • Jeff Bezos’ current partner is Lauren Sanchez, an American news anchor, entertainment reporter, media personality, actress, producer, pilot, and Emmy award-winning entrepreneur.
  • On February 7, 2019, Bezos posted an online essay in which he accused the owner of American Media, Inc., David Pecker, of “extortion and blackmail.”
  • He accused him of threatening to publish intimate photos of Bezos and Lauren Sánchez if he did not stop. His investigation into how his text messages and other images had leaked to the National Enquirer.

Where does Jeff Bezos – Amazon’s owner live?

  • Bezos was the 25th largest landowner in the US in the 2019 Land Report.
  • In addition to this new property in Los Angeles, he owned a penthouse and two adjacent apartments in New York City.
  • He also owned another property in an exclusive Seattle suburb.
  • And also, two more mansions in Beverly Hills, the largest house in Washington, DC.
  • It is unknown if and how they divided the properties in his recent divorce from Mackenzie Bezos.
  • However, Business Insider reports that Jeff Bezos is living in Medina, Washington, in 2020.

Also Read: Google Hotel Ads – How it works? Costs and Management

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