What do we know about the man that became the world’s richest person, surpassing Bill Gates with a net worth of just over $90 billion?
When markets opened on July 27, 2017, Bezos briefly became the world’s richest person, surpassing Bill Gates with a net worth of just over $90 billion. He lost the title later in the day when Amazon’s stock dropped, returning him to second place with a net worth just below $90 billion.
The American technology and retail entrepreneur, investor, and philanthropist who is best known as the founder, chairman, and Chief Executive Officer of Amazon.com, the world’s largest online lit social media with the news of him becoming the richest man in the world on July 27, 2017.
So, where was this business mogul born? Bezos was born as Jeffrey Preston Jorgensen in 1964 in Albuquerque, New Mexico.
Bezos has often displayed scientific interests and technological proficiency; he once rigged an electric alarm to keep his younger siblings out of his room. His family moved to Miami, Florida, where he attended Miami Palmetto High School While in high school, he attended the Student Science Training Program at the University of Florida, receiving a Silver Knight Award in 1982. He was high school valedictorian and a National Merit Scholar. A promising path comes waiting for the industrious chap.
Bezos graduated Phi Beta Kappa from Princeton University with Bachelor of Science (B.S.) degrees in electrical engineering and computer science. While at Princeton, he was also elected to Tau Beta Pi. He served as the president of the Princeton chapter of the Students for the Exploration and Development of space
In 1994 Bezos founded Amazon.com after making a cross-country drive from New York to Seattle, writing up the Amazon business plan on the way. He initially set up the company in his garage. He had left his well-paying job at a New York City hedge fund after learning “about the rapid growth in Internet use,” which coincided with a new U.S Supreme Court ruling that exempted mail order companies from collecting sales taxes in states where they lack a physical presence.”
A lot of people do not understand the importance of investing in chains of businesses, but Bezos did, he was one of the first shareholders in Google, when he invested $250,000 in 1998. That $250,000 investment resulted in 3.3 million shares of Google stock worth about $3.1 billion today
In 2000, Bezos founded Blue Origin, a human spaceflight startup company,partially as a result of his fascination with space travel. The company was kept secret for a few years; it became publicly known only in 2006 when it purchased a sizable aggregation of land in west Texas for a launch and test facility.
Bezos story is one that deserves lot of the attention it has been receiving these past days, and it is imperative successful men like this be celebrated while they are still living.