", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement", "World's richest man Jeff Bezos divorces", "Jeff Bezos, World's Richest Person, Announces Divorce After 25 Years Of Marriage", "MacKenzie Bezos, author, philanthropist, and soon to be world's richest woman? He is the founder and CEO of Amazon, owner of The Washington Post and founder of the space exploration company Blue Author of Book on Amazon", "What Is Jeff Bezos's Religion? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. On August 5, 2013, Bezos announced his purchase of The Washington Post for $250million in cash,[109] at the suggestion of his friend, Don Graham. Bezos has been interested in becoming an NFL owner for at least four years. "[82] Sanders's efforts elicited a response from Amazon which pointed to the 130,000 jobs it created in 2017 and called the $28,446 figure for its median salary "misleading" as it included part-time workers. Investors in OTE include Portland Trail Blazers forward Carmelo Anthony, Brooklyn Nets star Kevin Durant and Silicon Valley venture capital firm Andreessen Horowitz. [268] A 2018, $10billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project, this time with the Pentagon, was allegedly written up in a way that favors Amazon. [96] After the crash, Bezos has been superstitiously wearing his "lucky" Texas Cowboy boots to all rocket launches. [162] Instead of using presentation slides, Bezos requires high-level employees to present information with six-page narratives. As Commanders owner Daniel Snyder continues to ponder selling the team, unless he isnt, the reports regarding the involvement of Amazon founder Jeff Bezos are covering all bases. [137], Bezos uses the term "worklife harmony" instead of the more standard "worklife balance" because he believes that balance implies that you can only have one and not the other. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. Although he does not respond to the emails, he forwards some of them with a question mark in the subject line to executives who attempt to address the issues. [70] On July 27, 2017, Bezos momentarily became the world's wealthiest person over Microsoft co-founder Bill Gates when his estimated net worth increased to just over $90billion. Jeffrey Preston Jorgensen was born in Albuquerque, New Mexico, on January 12, 1964,[16] the son of Jacklyn (ne Gise) and Theodore Jrgensen. Amazon founder Jeff Bezos on Monday will hand over his chief executive title to Andy Jassy, ending a more than two-decade run leading the company through its [192][193] His wealth rose by 85.2% in 2010, leaving him with $12.6billion. [104] Since 2016, Bezos has spoken more freely about his hopes to colonize the solar system, and has been selling US$1 billion in Amazon stock each year to capitalize Blue Origin in an effort to support this endeavor. [39], Bezos portrayed a Starfleet official in the 2016 movie Star Trek Beyond, and joined the cast and crew at a San Diego Comic-Con screening. [190] From 2005 to 2007, he quadrupled his net worth to $8.7billion. "Bezos" redirects here. [307], In November 2022, Bezos granted a $100-million Courage and Civility Award to singer Dolly Parton in recognition of her charity work focused on improving children's literacy around the world. Their returns? "[254] Bezos's family corporation Zefram LLC is named after Zefram Cochrane, a character from Star Trek. [131], Journalist Nellie Bowles of The New York Times has described the public persona and personality of Bezos as that of "a brilliant but mysterious and coldblooded corporate titan". [7] The company has recruited prominent scientists such as Juan Carlos Izpisa Belmonte (known for work on rejuvenation through reprogramming), Steve Horvath (known for work in epigenetic aging clocks), and Shinya Yamanaka (the Nobel Prize-winning inventor of cellular reprogramming in mammalian cells). [45][43], In late 1993, Bezos read that the Internet was growing at a rate of 2300% a year and decided to establish an online bookstore. [28] Multiple opinion columnists responded by asking Bezos to pay higher wages to Amazon warehouse workers. Earlier this month, Jeff Bezos stepped down as the CEO of Amazon, the company he launched in 1994 as an online bookseller. Although the crash was viewed as a setback, news outlets noted how far the company went from its founding-to-date in advancing spaceflight. [71], In March 2018, Bezos dispatched Amit Agarwal, Amazon's global senior vice president, to India with $5.5billion to localize operations throughout the company's supply chain routes. [119] Bezos is involved in the healthcare sector, which includes investments in Unity Biotechnology, GRAIL, Juno Therapeutics, and Zocdoc. In this handout image provided by SportsPro, Dan Porter, Overtime speaks during the SportsPro OTT Summit USA 2020 at Turner Studios on February 19, 2020 in Atlanta, Georgia. [23], After Mike had received his degree from the University of New Mexico, the family moved to Houston, Texas, so that he could begin working as an engineer for Exxon. [46] He and his then-wife, MacKenzie Scott, left their jobs at D. E. Shaw and founded Amazon in a rented garage in Bellevue, Washington on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. 1) Hes capable of paying whatever for a team. WNBA star Chiney Ogwumike is also an investor. "Overtime has built an unrivaled brand and global community from scratch in just five years. [60] According to a 2008 Time profile, Bezos wished to create a device that allowed a "flow state" in reading similar to the experience of video games. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement, and he's getting 75% of the Amazon shares and voting control of the rest", "Jeff Bezos Buys Three Manhattan Apartments for $80 Million The combined space totals 17,000 square feet", "Amazon's Jeff Bezos Stiffs Tommy Mottola In $7.65 Million Deal", "Will Jeff Bezos live in one of his Upper West Side apartments when Amazon comes to town? [56] In response to critical reports from Fortune and Barron's, Bezos maintained that the growth of the Internet would overtake competition from larger book retailers such as Borders and Barnes & Noble. Jeff Bezos ' girlfriend Lauren Snchez basically lived in a fishbowl in 2019 when it was first revealed that were dating while they each were still married to other people. [121][122], Bezos also supports philanthropic efforts through direct donations and non-profit projects funded by Bezos Expeditions. ", "Amazon is celebrating its 25th birthday. As of now, players who join are not eligible for collegiate-level play. Will I regret missing the beginning of the Internet? Scream? [185] He was first included on the Forbes World's Billionaires list in 1999 with a registered net worth of $10.1billion. That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. Overtime said it will use a portion of the $80 million to help pay for salaries of players and staff, support league start-up costs, invest in the NFT sector and enhance its app. The Washington Post reported back then that Bezos was interested in buying the Seahawks. He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. He also purchased the major American newspaper The Washington Post in 2013 for $250million and manages many other investments through his venture capital firm, Bezos Expeditions. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's Billionaires Index and Forbes.[5][6]. [146][147] His physical appearance increased the public's perception of him as a symbolically dominant figure in business and in popular culture, wherein he has been parodied as an enterprising supervillain. [110] To execute the sale, he established limited liability company Nash Holdings to serve as a holding company through which he would own the newspaper. We Have 4 Guesses", "Jeff Bezos to fund schools where 'child will be the customer' with new charity", "Jeff Bezos to Create $2 Billion Fund for Homeless, Preschools", "Jeff Bezos Unveils Multibillion-Dollar Plans For Charitable Giving", "Jeff Bezos donates $33million to scholarship fund for 'dreamers', "Backed by Bill Gates and Jeff Bezos, Breakthrough Energy Ventures places first bets on power storage", "Jeff Bezos donates $10million to organization that helps veterans run for office", "Amazon founder Jeff Bezos commits $10bn to fight climate change", "Jeff Bezos: World's richest man pledges $10bn to fight climate change", "Bezos Earth Fund announces first grants totaling $791M of his $10B pledge to help planet", "Bezos Earth Fund gives nearly $800 million to climate groups in first round of grants", "Jeff Bezos names first recipients of his $10 billion Earth Fund for combating climate change", "Twitter boss pledges $1bn for coronavirus relief", "Why Jeff Bezos's $100 million donation to food banks won't satisfy his critics", "Jeff Bezos Pledges $2B for Nature Conservation as World Leaders Address Deforestation, Emissions", Jeff Bezos's tuition-free preschool is expanding to new locations in Texas and Florida. Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. [296] In September 2018, Bezos donated $10million to With Honor, a nonpartisan organization that works to increase the number of veterans in political office. [98] He has been compared to Branson and Elon Musk as all three are billionaires who prioritize spaceflight among their business interests. ", "Amazon will have a new CEO as Jeff Bezos transitions to executive chair later this year", "Jeff Bezos and brother to fly to space in Blue Origin flight", "Jeff Bezos, Mark Bezos, Wally Funk and Oliver Daemen reach edge of space, return safely on Blue Origin's New Shepard rocket", "Jeff Bezos's single teen mom brought him to night school with her when he was a baby", Why Some Locals Are Skeptical About Jeff Bezos' Free Preschool Near Seattle, "At Last, Jeff Bezos Offers a Hint of His Philanthropic Plans", "Jeff Bezos just sold $534million worth of Amazon stock", "Biography and Video Interview of Jeff Bezos at Academy of Achievement", "Jeff Bezos: A rocket launched from Miami's Palmetto High", "Amazon.com's Bezos invests in space travel, time", "How Amazon's Jeff Bezos went from the son of a teen mom to the richest person in the world", "Top Executive Profiles Jeffrey P. Bezos", "MacKenzie Bezos and the Myth of the Lone Genius Founder", "Who's Writing the Book on Web Business? "[153], During the late 2010s, Bezos reversed his reputation for being reluctant to spend money on non-business-related expenses. [38][39] While at Princeton, Bezos was a member of the Quadrangle Club, one of Princeton's 11 eating clubs. Forensic analysis of Bezos's mobile phone conducted by advisory firm FTI Consulting, concluded it "highly probable" that the hack was achieved using a malicious file hidden in a video sent in a WhatsApp message to Bezos from the personal account of the crown prince on May 1, 2018. WebOn Feb 21st, both Jones' jet and Bezos' jet landed at Princess Juliana Airport on the Island of St. Martin. [1/2] Sep 15, 2022; Kansas City, Missouri, USA; Amazon executive chairman Jeff Bezos in attendance before the Kansas City Chiefs play against the Los Angeles [278] In March 2019, Bezos's security consultant accused the Saudi government of hacking Bezos's phone. [228] Bezos had also purchased three adjoining apartments at 25 Central Park West in Manhattan for $7.65 million in 1999;[229][230] he bought a fourth unit in that building for $5.3 million in 2012. "[137] Select accounts of his persona have drawn controversy and public attention. On this Wikipedia the language links are at the top of the page across from the article title. Since that report from November 2019, Bezos' ties with the NFL have only grown. [50] Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America, in part because the name begins with the letter A, which is at the beginning of the alphabet. [292] As part of this announcement, he committed to establishing the "Day 1 Families Fund" to finance "night shelters and day care centers for homeless families" and the "Day 1 Academies Fund" for early childhood education. [204], On March 6, 2018, Bezos was designated the wealthiest person in the world, with a registered net worth of $112billion. [28][29] Jeff displayed scientific interests and technological proficiency and once rigged an electric alarm to keep his younger siblings out of his room. [238][239], In January 2019, Bezos and his wife Mackenzie Scott released a joint statement which revealed that they would be getting divorced after 25 years together. [19] After completing high school despite challenging conditions, Jacklyn attended night school while bringing Jeff along as a baby. He worked on Wall Street in a variety of related fields from 1986 to early 1994. [77], Criticism of Amazon's business practices continued in September 2018 when Senator Bernie Sanders introduced the Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act and accused Amazon of receiving corporate welfare. This is the lowdown on Amazons The Expanse. ", "Are you lazy or just incompetent? [51] In 2000, Bezos borrowed $2 billion from banks, as its cash balances dipped to only $350million. [120] In January 2018, an announcement was made concerning Bezos's role within a new, unnamed healthcare company. The Washington Post reported that Jones may be leaning on Dan Snyder to sell [45][246] In 1994, they moved across the country to Seattle, Washington, where Bezos founded Amazon. [65] A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. His wealth surpassed $100billion for the first time on November 24, 2017, and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112billion. [112] In March 2014, Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S. local newspapers in Texas, Hawaii, and Minnesota. The company will use a portion of the funds to fuel its basketball league that pays 16-to-18-year old players at least $100,000 per year. [80] While preparing to introduce the bill, Sanders opined: "Instead of attempting to explore Mars or go to the moon, how about Jeff Bezos pays his workers a living wage? [249] Public records, family history, and biographical details suggest that both were raised under some form of Christianity. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. [92][248] Bezos and MacKenzie have not disclosed their religious status. Bezos rose to be the 5th richest person in the world hours before market close; he gained $7billion in one hour. Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics. Amazon founder Jeff Bezos and music industry star Drake are investing in Overtime as part of a new $80 million round of funding for the sport startup, which is [b], His wealth, in 201718 terms, equaled that of 2.7million Americans. He transitioned into the banking industry when he became a product manager at Bankers Trust from 1988 to 1990. Jeff Bezos is currently the world's second-richest man, so purchasing an NFL (National Football League) franchise wouldn't be too tall a task for the billionaire. [155][156], Day 1: start upDay 2: stasisDay 3: irrelevanceDay 4: "excruciating, painful decline"Day 5: death, Bezos has stated "it is always Day 1" to describe his growth mindset. Bezos not only invested in the real estate startup's seed round in 2021, but he doubled down on that investment during the company's series A last year. [192][194], After a rumor broke out that Amazon was developing a smartphone, Bezos's net worth rose to $30.5billion in 2014. He was high school valedictorian, a National Merit Scholar,[35][36] and a Silver Knight Award winner in 1982. The league and its [293][294], In January 2018, Bezos made a $33million donation to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors. [140][141] This perception was detailed by Alan Deutschman, who described him as "talking in lists" and "[enumerating] the criteria, in order of importance, for every decision he has made. [90] Bezos has long expressed an interest in space travel and the development of human life in the Solar System. [276][277], In March 2018, Bezos met in Seattle with Mohammad bin Salman, the crown prince and de facto ruler of Saudi Arabia, to discuss investment opportunities for Saudi Vision 2030. To date, the Brooklyn-based Overtime says it has raised more than $140 million. [11][304][305] In November 2021, Bezos pledged to donate $2 billion towards restructuring food systems and nature conservation at the 2021 United Nations Climate Change Conference. [148][149][150] Since 2017, he has been portrayed by Kyle Mooney and Steve Carell on Saturday Night Live, usually as an undercutting, domineering figure. Here's who's eligible to attend and why Bezos says 'the child will be the customer. [216] On July 17, 2018, he was designated the "wealthiest person in modern history"[c] by the Bloomberg Billionaires Index,[219] Fortune,[220] MarketWatch,[221] The Wall Street Journal,[222] and Forbes. [14] The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0km). [84] On October 2, 2018, Bezos announced a company-wide wage increase, which Sanders applauded. [264][265][266][267], In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600million. But he's now out of the NFL and working as the head coach of the XFL's Houston Roughnecks And Phillips - part of a first family of football in Houston thanks to Perez of FrontOfficeSports.com reports that no bid exceeded $6.3 billion. $3,487 is divided by 47, a fraction. Billionaire Amazon founder Jeff Bezos recently said he plans to give away the majority of his fortune. He should pay his workers first", "If Jeff Bezos wants to help low-income people why not just pay them better? [275], On November 22, 2021, Jeff Bezos donated $100million to the Obama Foundation to "help expand the scope of programming that reaches emerging leaders", and requested the Obama Presidential Center's plaza to be named after John Lewis. [45][51] Three years after Bezos founded Amazon, he took it public with an initial public offering (IPO). [37] In 1986, he graduated summa cum laude from Princeton University with a 4.2 GPA and a Bachelor of Science in Engineering degree (B.S.E.) ", "Jeff Bezos's Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day', "Jeff Bezos Becomes the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos Is Now the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos becomes the richest person in modern history amid Amazon Prime Day kickoff", "Is Jeff Bezos Really the Richest of Them All? [36] His 1982 high school valedictorian senior graduation speech was followed up with a Miami Herald interview in which he expressed an interest to build and develop hotels, amusement parks, and colonies for human beings who were in orbit. [115], Bezos makes personal investments through his venture capital vehicle, Bezos Expeditions. The company said its content is streamed more than 1.7 billion times a month across all social platforms. Jeff Bezos plays games here and there but you wouldnt [251][252] All survived; Bezos sustained only minor injuries and was discharged from a local hospital the same day. [280], In January 2020, The Guardian reported that the hack was initiated before the murder but after Khashoggi wrote critically about the crown prince in the Washington Post. "[89], In September 2000, Bezos founded Blue Origin, a human spaceflight startup. [188] He lost $500million the following year, which brought his net worth down to $1.5billion. [123] Bezos used Bezos Expeditions to fund several philanthropic projects, including an Innovation center at the Seattle Museum of History and Industry and the Bezos Center for Neural Circuit Dynamics at Princeton Neuroscience Institute.