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Jeff Bezos | $ 23.2 Billion
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Jeff Bezos

CEO and Founder, Amazon.com

Net Worth $ 23.2 Billion
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  • Birthday12th Jan, 64
  • Birth PlaceUnited States
  • Marital statusMarried
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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. 

Quotes

  • “I’d rather interview 50 people and not hire anyone than hire the wrong person.”
  • “For every leader in the company, not just for me, there are decisions that can be made by analysis. These are the best kinds of decisions!”
  • “No communication is terrible!
  • I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.”
  • “You have to use your judgment. In cases like that, we say, ‘let’s be simple minded. We know this is a feature that’s good for customers. Let’s do it.”
  • “We see our customers as invited guests to a party, and we are the hosts. It's our job every day to make every important aspect of the customer experience a little bit better.”
  • “I’m going to do this crazy thing. I’m going to start this company selling books online.”
  • “Our garage was basically science fair central.”
  • We expect all our businesses to have a positive impact on our top and bottom lines. Profitability is very important to us or we wouldn't be in this business.
  • What's dangerous is not to evolve.
  • There are two kinds of companies, those that work to try to charge more and those that work to charge less. We will be the second.
  • If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.
  • "What we want to be is something completely new. There is no physical analogy for what Amazon.com is becoming."
  • "Work hard, have fun and make history."
  • A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.
  • I believe you have to be willing to be misunderstood if you're going to innovate.
  • "The great thing about fact-based decisions is that they overrule the hierarchy," Bezos says. "The most junior person in the company can win an argument with the most senior person with regard to a fact-based decision."
  • "If you're not stubborn, you'll give up on experiments too soon," Bezos says. "And if you're not flexible, you'll pound your head against the wall and you won't see a different solution to a problem you're trying to solve."
  • "The thing about inventing is you have to be both stubborn and flexible. The hard part is figuring out when to be which!"
  • I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.

Did you know?

  • On March 6, 2003, Jeff Bezos, survived a helicopter crash while he was going to attend a meeting. The helicopter was completely destroyed, however Jeff Bezos escaped miraculously with a single crash.
  • He has four children with his wife, MacKenzie.
  • Time magazine which named Jeff Bezos as the person of year in 1999, described his laugh as “ a rapid honk that sounds like a flock of Canadian geese on nitrous oxide” .
  • Amazon was originally incorporated as Cadabra on July 5, 1994. Amazon name was inspired by the south American river, with the same name, which is the largest in the world and quite exotic and different just as he wished his store to be.
  • As a child Jeff showed extraordinary intelligence and scientific aptitude. His favourite TV show was Star Trek. His favorite book was Stranger in a Strange Land, a novel about a human raised by martians on Mars.
  • When Jeff Bezos was 10, he learned that he will have to wear glasses. When he gave interview as an adult he said that the news was more upsetting than learning that Mike Bezos was not his biological father.
  • Jeff Bezos has a particularly audacious laugh, which he himself confesses to be a little embarrassing. Due to the same reason, his brother and sisters avoided going for a movie with him. His laugh is famous, with reporters constantly coming up with new ways to describe his “braying honk.”

Family & relationships

Jeff Bezos Estates and Homes (3)

Manhattan Apartment

3 linked apartments

Bezos also owns three linked apartments located in the Century, which is known as the landmark art deco tower on Manhattan's Central Park West. He bought this this mansion from Sony Music mogul Tommy Mottola.
The Medina waterfront

Medina mansion

Bezos got a mansion in Washington. It's living area has increased from 13,200 sq ft to 29,000 sq ft in two buildings. It also includes non living area buildings that boast being the largest boat/party house which is approximately 4,500 sq ft located on Lake Washington. Bezos proudly owns 310 feet of waterfront and the property stretches over 200 yards from the shoreline to Evergreen Point Road. He has bigwigs like Bill Gates for his neighbours.

The dining table

Beverly Hills mansion

Bezos owns a mansion at 930 N. Alpine Drive. He purchased this estate from money manager Rick Guerin and his wife, Fabienne. The house is spread over 12,000 square feet. It features a pool, a sunken tennis court, a gym and a separate guesthouse.

Beverly Hills mansion

Beverly Hills mansion
One of the luxurious premier property of Jeff Bezos

Sensational kitchen

Sensational kitchen
Sensational and luxuriant kitchen enriched with awesome lights

Well furnished architecture

Well furnished architecture
Rolling lawn and formal garden in the front of Jeff Bezos's Beverly Hills mansion

The living room

The living room
Deluxe white sofas in the living room of Jeff Bezos mansion

Jeff Bezos Hobbies (2)

Reading

Reading

He likes to read about space travel, science fiction. The success of Amazon has allowed him to explore a lifelong interest in space travel.

Space odyssey

Space enthusiast

Like many other fellow billionaires, Jeff bezos is also intrigued by the numeorus mystries that space presents to mankind. To contribute his bit, Jeff Bezos decided to form his own company Blue Origin.  When last heard, the company was funding a unmanned spaceship project which already had suffered from catastrophic failure on its maiden flight. 

Jeff Bezos Autos and Cars (1)

Chevrolet motors

1988 Chevrolet Blazer

Jeff Bezos owns a Chevrolet Blazer, which he loves to drive in his spare time. He made a trip from New York to Seattle in this car. He loves this car due to its awesome style.

1988 Chevrolet Blazer

1988 Chevrolet Blazer
Jeff Bezos's poewerful automobile, 1988 Chevrolet Blazer

Jeff Bezos Wedding (1)

Mackenzie

He met his wife Mackenzie while working at Shaw. She is a Princeton graduate and a fiction writer and wrote a book named book The Testing of Luther Albright. The couple has two sons. Their wedding reception was outdoor playtime for adults, complete with water balloons.

Mackenzie and Jeff Bezos

Mackenzie and Jeff Bezos
The founder and president of Amazon.com Jeff Bezos with his wife, McKenzie.

Jeff Bezos Cause (1)

Center for Innovation

Center for Innovation

Jeff Bezos donated $10 Million for the creation of 'Center for Innovation' at Museum of History & Industry's new Location in Seattle’s South Lake Union. This contribution acted as a big boost for the museum's $90-million relocation and reinvention campaign.

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