Complete write up on Jeffrey Preston Bezos: The Net Worth of Jeffrey Preston Bezos According To Forbes, Biography, Jeffrey Preston Bezos’s Family and also His Age.
Who Is Jeff Bezos?
56-year-old Amazon CEO, Jeff Bezos has become the first person in the World to have a net worth of $200 billion.
Forbes reported that Bezos was worth $204.6 billion as of 1:50 pm ET on Wednesday, August 26, when Amazon stock gained 2%.
Jeff Bezos, who is already the richest person in the world, saw his net worth increase to $204.6 billion from $74 billion during the span of 2020.
Forbes’ calculations says that Amazon founder’s fortune is the largest ever amassed even when taking inflation into account.
The report said Amazon’s stock price has been skyrocketing over the last few months, as millions of people have been forced to stay inside and order more products online due to the COVID-19 pandemic.
The company’s share price has surged more than 100% since March 16, when it was trading for less than $1,700 per share.
Amazon is worth $1.72 trillion, making it the second most valuable company behind Apple, which is worth $2.16 trillion.
Jeff Bezos’ Biography, Background And Education
Jeff Bezos’s Family Background
Jeffrey Preston Bezos, born January 12, 1964, in Albuquerque, New Mexico, to a teenage mother, Jacklyn Gise Jorgensen, and his biological father, Ted Jorgensen, is an American internet-based entrepreneur, industrialist, media proprietor, and investor.
He is best known as the founder, CEO, and president of the multi-national technology company Amazon.
The first centi-billionaire on the Forbes wealth index, Bezos has been the world’s richest person since 2017 and was named the “richest man in modern history” after his net worth increased to $150 billion in July 2018 and as of August 26, 2020, Bezos became the first person in history to have a net worth exceeding $200 billion.
Jeff Bezos’ parents were married less than a year. When Bezos was 4 years old, his mother remarried Mike Bezos, a Cuban immigrant.
Jeff Bezos’s Educational Background And Achievements
Born in Albuquerque and raised in Houston and later Miami, Bezos graduated from Princeton University in 1986 with a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994.
He founded Amazon in late 1994 on a cross-country road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a wide variety of other e-commerce products and services, including video and audio streaming, cloud computing, and AI.
It is currently the world’s largest online sales company, the largest Internet company by revenue, and the world’s largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch.
Bezos founded the aerospace manufacturer and sub-orbital spaceflight services company Blue Origin in 2000.
A Blue Origin test flight successfully first reached space in 2015, and the company has upcoming plans to begin commercial suborbital human spaceflight. He also purchased the major American newspaper The Washington Post in 2013 for $250 million, and manages many other investments through his Bezos Expeditions venture capital firm.
Jeff Bezos’s Family
In 1992, when Jeff Bezos was working for D. E. Shaw in Manhattan, he met novelist MacKenzie Tuttle, who was a research associate at the firm.
The couple married a year later and in 1994, they moved across the country to Seattle, Washington, where Bezos founded Amazon. Bezos and his now estranged wife, MacKenzie are the parents of four children: three sons, and one daughter adopted from China.
In March 2003, Bezos was one of three passengers in a helicopter that crashed in West Texas after the craft’s tail boom hit a tree. Bezos sustained minor injuries and was discharged from a local hospital the same day.
On January 9, 2019, Bezos and MacKenzie announced on Twitter their intent to divorce after a “long period” of separation and 25 years of togetherness.
On April 4, 2019, the divorce was finalized, with Bezos keeping 75% of the couple’s Amazon stock and MacKenzie getting the remaining 25% ($35.6 billion) in Amazon stock.
However, Bezos would keep all of the couple’s voting rights.
Jeff Bezos And Anchor Lauren Wendy Sánchez
Right after Bezos announced his divorce from MacKenzie in January 2019, The National Enquirer published an 11-page exposé of the media mogul’s extramarital affair with television host Lauren Sanchez.
Bezos subsequently launched an investigation into the motives of The National Enquirer and its parent company, American Media Inc.
The following month, in a lengthy post on Medium, Bezos accused AMI of threatening to publish explicit photos unless he backed off the investigation.
“Of course I don’t want personal photos published, but I also won’t participate in their well-known practice of blackmail, political favors, political attacks and corruption.”
“I prefer to stand up, roll this log over and see what crawls out.”
Sanchez divorced her husband in April 2019. She and Bezos made their first public appearance as a couple that July at Wimbledon.