Jeff Bezos is the founding businessman of Amazon and donator of The Washington Post, two journals with the largest circulation in the United States.
Currently, Jeff Bezos has a fortune estimated at 182.2 billion dollars, second in the ranking of Forbes 2021, which he classifies as the richest man in the world.
O Business Insider, in 2018 calculation, estimated that his net worth increases at a rate of US$ 4,474,885 per hour.
O Bezos owes that fortune to Amazon, an American big tech that has operations in various countries and has become one of the largest companies in the world.
For comparison purposes, Mark Zuckerberg, one of two Facebook creators, is fifth on the list, with a net worth of US$124 billion in 2021.
Jeff Bezos Story
Jeffrey Preston Bezos was born on January 12, 1964 in Albuquerque, New Mexico. His mother is called Jacklyn Gise Jorgensen and his biological father, Ted Jorgensen. When she was born or a baby, Jacklyn was still a teenager.
Or the couple was together for less than a year. After some time single, she married Mike Bezos, a Cuban immigrant. At that time, Jeff Bezos was barely four years old.
Since I gave up, when he was still a child, Bezos has shown an interest in the operation of things and has transformed the garage of his home in his country into an office.
As a teenager, he moved with his family to Miami, where he worked at McDonald’s.
And it was he who founded his first company, the Dream Institute, a summer school for elementary school students.
Jeff Bezos trained in Electrical Engineering and Computer Science at Princeton University, where he concluded his studies in 1986.
Professional career of Jeff Bezos
After graduation, I had job opportunities in various companies such as Intel, Bell Labs, Andersen Consulting and others. Still, he decided to work in a startup called Fitel.
After a certain time, he was promoted to development chef, becoming customer relations manager.
A few years later, he changed his role to the Wall Street financial area and became a manager at Bankers Trust, where he was from 1988 to 1990.
Subsequently, he entered D. E. Shaw & Co, an investment fund where he remained until 1994. His position in the company grew, until he became vice-president of the company at barely 30 years old.
Creation of Amazon
Despite his career having succeeded, the entrepreneur decided to bet on his own business. Thus, he left his position as senior vice-president at D. E. Shaw & Co and moved to Seattle to found his online bookstore.
The name Amazon arose from the Amazon River. At that time, Bezos wanted a name that began with the letter A, because the companies listed on Google appeared in alphabetical order for users.
The facilitator for the creation of Amazon was a decision of the Supreme Court of the United States at a time when mail order companies were unable to pay taxes on sales in states where they had no physical headquarters.
With the help of two countries, which will invest the money they have in the debt of his son, Jeff Bezos created Amazon in his own garage selling books.
Despite the initial venture being turned around only a few years ago, Amazon grew and began working with the sale of two more varied products.
Amazon grew so fast that, in 1999, it made the year with sales of more than US$ 1.6 billion – surpassing the plans of Bezos, who anticipated such expressive values for later times.
Despite Bolha .com, which occurred in the 20th to 21st century, Amazon continued to grow its operations. Likewise, much of the success of Amazon is credited to the attention that Bezos gives details about everything that involves his companies.
He also transformed the way people with consuming books to launch or Kindle e-reader.
Currently, Amazon also works as a marketplace, also selling products from other companies. In addition to the sales, which now is of any type of product, to Amazon Web Services, the largest information storage system in the cloud.
Also disso, through its Amazon Prime, the company provides services for downloading music and series, as well as free shipping for deliveries.
Bezos affirmed that he will leave the role of CEO of Amazon in the fourth quarter of 2021. His successor in the role will be Andy Jassy, chef of the division of two services in the company’s cloud.
From a small business to an IPO
The growth of Amazon was amazing from its inception, including for Jeff Bezos. From a small company, raised in a garage, the orders have already been delivered to 46 countries with 2 months of operation.
The sales will register or pay two US$ 20 thousand logo in the first months of operation, even without the use of automation methodology. With loans and new investors, Jeff Bezos intends to invest more and more in the company, scaling the business for the greatest possible growth in a short time.
After 2 years of operation, Amazon opened capital on the stock market, making a public offering on Nasdaq, when the company’s price was US$ 18 per share in its IPO. At the beginning of the year of 2022, a share of the company cost US$ 167.55.
Amazon grew so fast that, in 1999, it made the year with sales of more than US$ 1.6 billion – surpassing the plans of Bezos, who anticipated such expressive values for later times.
Despite the “bolha.com”, which occurred in the turn of the century from 20 to 21, Amazon continued to grow its operations. Likewise, much of the success of Amazon is credited to the attention that Bezos gives details about everything that involves his companies.
