Jeff Bezos Net Worth - Billions Of The Founder Of Amazon
Jeff Bezos net worth is about $107 billion right now, which isn't the most he's ever been worth. Jeff Bezos's net worth has been $150 billion or even $200 billion in the past. But since a lot of his wealth is tied to his businesses, it goes up and down with the market.
Author:Alex MercerReviewer:Nathanial BlackwoodJan 09, 202341 Shares613 Views
Billionaire Jeff Bezos, who started Amazon, is now one of the most wealthy and well-known people in the tech world. Jeff Bezos net worthis in the billions right now. In 1994, he started Amazon as a way to sell books online.
After that, Bezos kept adding new categories of products and never looked back. Between October 2017 and January 2021, he was always the richest person in the world.
Quick Facts About Jeff Bezos
| Name | Jeff Bezos |
| Birthday | January 12, 1964 |
| Profession | Entrepreneur |
| Net worth | $107 billion |
Who Is Jeff Bezos?
Jeff Bezos is an American businessman, philanthropist, and space explorer. He is probably best known for starting the online store Amazon.com. Jeff Bezos started Amazon.com and is the company's CEO, president, and chairman of the board.
He was born in Albuquerque, New Mexico, on January 12, 1964. Jeff's mother was in high school and 17 years old when she had him. His dad ran a bicycle shop. Jeff's mother got a divorce from Jeff's birth father in the end. She married a Cuban immigrant named Miguel Bezos when he was 4 years old.
There, his grandfather worked for the U.S. Atomic Energy Commission as a regional director, and when he retired early, he moved to the ranch. Jeff worked there with him for many summers when he was young.
Bezos was always interested in science and was good with technology. Once, he set up an electric alarm to keep his younger siblings out of his room. Jeff went to Miami Palmetto High School, where he took part in the University of Florida's Student Science Training Program and got a Silver Knight Award.
Jeff Bezos Career
How Jeff Bezos Built Amazon
Jeff graduated from Princeton University in 1986 and went to work in computer science on Wall Street. Then, for a company called Fitel, he built a network for international trade.
Later, he worked at Bankers Trust and at the hedge fund company D. E. Shaw & Co., where he looked for business opportunities that could be made possible by the Internet.
He started Amazon.com in 1994. At first, it was an online used bookstore. The number of items on the site quickly grew, and so did its popularity. In 1998, Jeff was named to the Forbes 400 list.
Amazon is now the biggest online store in the world and employs more than 800,000 people. It all started when Bezos sold used books from his home. In 2018, Bezos passed Bill Gates to become the richest person in the world.
At the time, he was worth $150 billion. However, this was before he and MacKenzie Bezos got a divorce. Due to the divorce, she got about $35 billion worth of Amazon stock, which made her one of the richest women in the world. It was the divorce that cost the most money ever.
Jeff Bezos Net Worth
The Trillionaire Life of Jeff Bezos
Jeff Bezos is an American businessman, philanthropist, and space explorer. He is probably best known for starting the online store Amazon.com. Jeff Bezos started Amazon.com and is the company's CEO, president, and chairman of the board.
In July 2017, he was worth more than Bill Gates for the first time. Between October 2017 and January 2021, he was always the richest person in the world. Jeff Bezos has a net worth of $107 billion as of this writing.
Real Estates And Assets Of Jeff Bezos
Jeff Bezos’ Insane Collection of Homes
Jeff and MacKenzie bought a mansion in Beverly Hills, California, for $24.5 million in 2007. It was on 2 prime acres and had a pool. They bought the house next door for $12.9 million in 2018.
As part of their 2019 divorce settlement, MacKenzie got these two homes, which are now one big house.
In August 2022, MacKenzie said that she had given the properties to the California Community Foundation, which is a charity. At the time of the donation, the total value of the two properties was about $55 million.
On February 12, 2020, it came out that Jeff had bought two properties in Beverly Hills for $255 million. The Jack L. Warner estate, which was the first property, cost $165 million. The estate is on 10 beautiful acres in the middle of Beverly Hills.
The main house is 13,600 square feet. David Geffen, a big name in the entertainment business, was the one who sold the property. He bought it for $47.5 million in 1990.
The second property that Bezos was said to have bought in February 2020 was Enchanted Hill, a 120-acre hilltop that was empty. The land was bought for $20 million in 1997 by the estate of late Microsoft founder Paul Allen.
Even though the property is mostly full of weeds, it does have a 1.5-mile driveway and a well-kept bluff at the top. A month after the newsof the purchase came out, the deal fell through. So the $165 million Jack L. Warner estate was Jeff's last piece of real estate in February 2020.
Other real estate assets:
- A $23 million house was bought in 2018 in Washington, D.C. A former museum made up of two buildings with 27,000 square feet of living space and 300,000 acres in Texas, where there are several ranches.
- In different parts of the country, 100,000 more acres were added.
- 25 Central Park West in Manhattan has three apartments.
- In 1999, he bought a 5-acre property in Medina, Washington, for $10 million.
- He bought the $50 million mansion next door to his Medina home in 2005.
How Does Jeff Bezos Spend His Money?
Jeff Bezos had more money than anyone else in the world. It is thought that his home in Medina is worth $25 million. Bill Gates, who is the second-richest person in the world, lives nearby.
Wealth-X says that Bezos's three connected apartments in The Century building on Central Park West in Manhattan are worth at least $17 million.
The Seattle Times says that Bezos also paid for the recovery of the remains of several Apollo booster rocket engines from the bottom of the Atlantic Ocean 14,000 feet below. This work began in 2013.
Through his holding company, Poplar Glen, he owns the 2015 Gulfstream G-650ER, a top-of-the-line private jet that costs $65 million. Bezos Expeditions has put money into companies like Basecamp, Workday, Juno Therapeutics, and Twitter. Wealth-X says that the share of Bezos Expeditions that he owns is worth at least $880 million.
The New York Times says that in 2017, Bezos gave $35 million to the Fred Hutchinson Cancer Research Center in Seattle. The Reporters Committee for Freedom of the Press also got $1 million from Bezos.
Was Jeff Bezos Ever The Richest Person Of All Time?
Jeff's peak net worth was $200 billion. When we take inflation into account and look at our list of the richest people of all time, Jeff is not even in the top 10. Using the number $200 billion, that would be the 11th most money one person has ever made (counting inflation).
When oil magnate John D. Rockefeller died, he was worth $340 billion when inflation was taken into account.
Interesting Facts About Jeff Bezos
- His mother, Jacklyn Bezos, had him when she was still in high school.
- Bezos's real father used to work in the circus.
- Even as a child, Bezos was interested in how things work and how they are made.
- When he was, he opened his first business.
- Bezos worked at McDonald's for a summer before he opened the camp.
- In the early 1990s, Bezos worked on Wall Street.
- Bezos worked his way up to become D.E. Shaw's youngest vice president in 1990, but he left four years later to start an online bookstore.
- In his garage, Bezos began Amazon.
- Instead of Amazon, Jeff Bezos almost called his company "Cadabra."
- In 2003, Bezos was in a helicopter that crashed.
- "Star Trek Beyond" had a small part for Bezos.
- The Washington Post is owned by Bezos.
- The billionaire also runs Blue Origin, a rocket ship company that he funds himself.
- On June 20, 2021, Bezos and three other people were able to travel to the edge of space and back to Earth without any problems.
- In 1999, when he was 35, he made a billion dollars on his own.
- In August 2020, Bezos became the first person in modern history to have a fortune of more than $200 billion.
- In the same year, he spent $165 million on a huge compound in Beverly Hills. At the time, it was the most expensive home sale in California history.
People Also Ask
Was Jeff Bezos Born A Millionaire?
Jeff Bezos did not come from a family of wealth. When he was born, his parents were only 17 and 18 years old. When he was young, he worked on the ranch of his mother's parents in Cotulla, Texas. In 1986, he got a bachelor's degree in electrical engineering and a bachelor's degree in computer science from Princeton University.
How Did Jeff Bezos Get So Rich?
Bloomberg says that since he started Amazon in 1994, Jeff Bezos has made a total of $107 billion. Bezos quit as CEO of Amazon in the middle of 2021 after his wealth grew during a pandemic.
Which Billionaire Gives The Most To Charity?
Forbes thinks Bezos has given more than $2.4 billion to charity over the course of his life. In 2020, he promised to give a total of $10 billion to the Bezos Earth Fund, a charity he set up to fight climate change. As of November 2021, the fund had given out almost $1 billion of that total.
Conclusion
Jeff Bezos used to have trouble selling books, but now he can sell anything he wants. Amazon has become a huge company that is taking over the new world. It all started with one guy trying to sell used books. Jeff Bezos' estimated net worth in 2020 is $107 billion, which is a lot of money!
Alex Mercer
Author
Alex Mercer is a seasoned author and analyst specializing in wealth research, with a keen focus on evaluating the net worth of individuals across various industries. With over a decade of experience in financial analysis and wealth assessment, Alex has developed a nuanced understanding of the factors that contribute to an individual's financial status, from investments and assets to market trends and economic policies. His work involves in-depth reviews and analyses, providing insightful observations on wealth accumulation, management strategies, and the socio-economic implications of wealth distribution.
Throughout his career, Alex has become known for his ability to distill complex financial data into understandable and engaging narratives, making the subject of wealth and net worth accessible to a broad audience. His expertise is not just in numbers but in telling the stories behind them, highlighting the journeys, strategies, and decisions that lead to financial success or challenges. Alex's contributions to the field of wealth research are valuable resources for anyone looking to understand the dynamics of wealth in today's world, offering a unique perspective that bridges the gap between financial analysis and human interest.
Nathanial Blackwood
Reviewer
Nathanial (Nate) Blackwood is a distinguished financial journalist with a decade of experience in net worth analysis. He holds an Economics degree from the University of Finance and a Data Analysis certification, enabling him to blend thorough insights with engaging storytelling. Nate is known for making complex financial information accessible to a wide audience, earning acclaim for his precise and reader-friendly analyses. Beyond his writing, Nate is dedicated to financial literacy, actively participating in educational forums and workshops.
He is the founder of PureNetWealth, a platform that demystifies the financial achievements of public figures by exploring the strategies and decisions behind their fortunes. Nate's work bridges the gap between intricate economic concepts and the general public, inspiring a deeper understanding of wealth dynamics. Follow Nathanial Blackwood for essential insights into the financial narratives shaping our world.
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