Monday, October 7, 2024

Jeff Bezos: Know about his early life, Amazon journey and current net worth as of 2024 | – Times of India

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An American influential and one of the prominent personalities, best known as the founder and former CEO of Amazon has become one of the richest personalities in the world. Jeff Bezos was born on 12 January 1964 holding one of the world’s largest e-commerce platforms Amazon and cloud computing companies. His relentless pursuit of taking Amazon to greater heights and innovative thinking revolutionise the company’s performance.
Jeff has also marked on several ambitious projects that reflect his vision for the future.Blue Origin, founded in 2000 is an aerospace company which aims to lower the cost of space travel and make it accessible to the general public. Apart from this, Jeff has made himself into one of the influential leaders by following some of the notable projects embarking on his vision.

Jeff Bezos early life and career

Jeff Bezos was born in Albuquerque, New Mexico to a family of teenage parents who got separated shortly after his birth. At the age of four, he was adopted by Miguel Bezos, an immigrant who became an important part of his life. Bezos has transformed the e-commerce landscape and ventured into space exploration with his company Blue Origin. His fascination within technology began in his early life and converted his parents garage into a laboratory.
Bezos then attended River Oaks Elementary School in Houston, Texas and graduated as valedictorian from Miami Palmetto High School in 1982. He also initiated his business venture, a summer camp called the Dream Institute for younger students and demonstrating his entrepreneurial spirit. He pursued a degree in Physics but then later switched to electrical engineering and computer science. Jeff was recognised for his excellence in academics as being elected to honour for prestigious excellence including Phi Beta Kappa and Tau Beta Pi.

Beginning of Amazon

Jeff, being an influential personality, became the youngest vice president at the age of 30 by working on Wall Street at several firms including Fitel, D.E. Shaw & Co.
Following this, in 1994, Bezos recognised the potential of the internet where he left his job and started the beginning of Amazon in the same year. Amazon was initially an online bookstore which has evolved into one of the largest e-commerce platforms globally. Additionally, in 2000 he founded Blue Origin to reduce the space travel costs and enable human colonisation of space. In 2013 he also purchased The Washington Post.

Jeff Bezos current net worth

As of October 2024, Jeff has an estimated net worth of $204 billion. This marks his position as the fourth richest person in the world as per Forbes.

Jeff Bezos lesser-known facts

  • Jeff aims to create a clock that will run for 10,000 years located inside a mountain in West Texas and is designed to encourage long-term thinking and reflecting on humanity’s future.
  • The initiative of Amazon Prime Air, an initiative which was focussed on using drones for package delivery aiming to revolutionise the logistics and reduce the delivery times.
  • Bezos committed to become carbon neutral by 2040 which he announced in 2019 ahead of the Paris Agreement goals.
  • Haven, co-founded by Jeff Bezos in view to collaborate with Berkshire Hathaway and JPMorgan Chase to improve the healthcare of the employees.
  • In 2021, Bezos co-founded a biotechnology company Altos Labs focussing on cellular programming aiming to extend human life.

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