Jeff Bezos - A Centibillionaire.

JEFF BEZOS.

Jeff Bezos is an American entrepreneur who made a big growth of e-commerce industry as the founder and chief executive officer of Amazon company.

He's a billionaire with a net worth of $110 billion. In January 2023, Bezos is the fifth-wealthiest person in the world.

And he was the wealthiest person from 2017 to 2021 according to the Forbes.

BIRTH AND CHILDHOOD:

Jeff Bezos was born as Jeffrey Preston Jorgensen(full name) on January 12, 1964, in Albuquerque, New Mexico.

At the time of his birth, his mother was only 17 years old high school student while his father was 19 years old a bike shop owner.

The family moved to Texas where Bezos attended River Oaks Elementary School in Houston, then the family moved to Miami.

In his teenage age, he also joined McDonald's as a cook.

CAREER AND EDUCATION:

In 1986, After graduating from prinston University with degree in electrical engineering and computer science, he joined many companies and then join the New York investment bank (D.E. Shaw & Co.) in 1990.

Soon got the position of senior vise president where he did very well.

In 1994 he quit D.E. Shaw and moved to Seattle, Washington, to open a virtual bookstore and was also Working in his garage with employees.

Jeff Bezos began developing a software for the site. Named Amazon and sold its first book in July 1995.

HOW AMAZON STARTED AND HOW JEFF BEZOS ACHIEVED HIS DREAM?

When Jeff started Amazon then he invested apprx. $250,000 in his start-up. On July 16, 1995, Amazon opened as an online bookseller, world's largest collection of books to anyone with World Wide Web(www) access.

In 2000, Amazon added many varieties of goods and products.

During 2001's dotcom(.com)boom, many e-commerce companies destroyed but Amazon survived.

In first two months of business, Amazon sold in all 50 states and over 45 countries. Within two months, Amazon's sales were up to $20,000 per week.

In October 1995, the company announced itself to the public.

During the growth of Amazon, there were clashes between other companies and Amazon on many issues.

Amazon provides many offers and discounts on it's product to the customer in world wide.

In January 2023, Amazon has a market capital of apprx. $990 Billion. This makes Amazon the 5th most valuable company in the world.

"One of the only way to get out of a tight box is to invent your way out."

-- JEFF BEZOS.

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