Jefferey Preston Jorgensen, popularly known as Jeff Bezos is known for his contributions as a world leading dot-com entrepreneur. He is the founding president and CEO of the e-commerce giant Amazon.com. Conceived as an idea on a cross-country drive from New York to Seattle, the Amazon.com began as a bookstore in 1994, and rapidly turned into an online shopping enterprise, changing the way people shop and forcing the world’s biggest retailers to re-think their business models.
Bezos is the last founder CEO of the dot com era and has become the poster boy for e-commerce in everyone’s eyes. His success is a miraculous story of survival, growth and stability. After the dot com burst, when every other e-commerce enterprise was out-of-cash and out-of-business, Amazon.com hung tough and cruised through. It happened due to Jeff’s boundless optimism, which went along well with his extraordinary good luck. It’s his obsession over small improvements which lead to great results for the company. His company now sells more than $10 billion worth of goods and services annually and has a net evaluation of more than $50 Billion.
He leads a rather simple lifestyle and is usually known more for his booming laugh that his trademark khakis and blue shirt. He takes a rather modest annual compensation and neither gets oodles of stock options every year (although he does own 20 percent stake in Amazon). His venture in the hardware market, the Kindle and Kindle Fire has people talking him in the lines of tech visionary like Steve Jobs. And like a true blue-blooded entrepreneur he has invested his cash into other business ventures, of which the prominent is Blue Origin, a space-flight startup. But that is not making any dent in his surging cash pile. In 2011, Amazon’s shares made gravity-defying climb and added $6.5 billion of wealth in his personal fortune.