Jeff Bezos -The Founder of | Networth, Education, Age etc

Jeff Bezos – The Founder of Did you know that the founder of Amazon is currently ranked the second richest man in the whole world on Forbes Billionaire list?

Jeff Bezos

It is a well known fact that before 2022, Jeff Bezos was the world’s richest man for four years in a row.

Do you want to know more about this amazing entrepreneur who started Amazon? Are you a fan or mentee, interested observer or an entrepreneur who wants to learn from the life and business of Jeff Bezos ? Then this article is for you!

Jeff Bezos Early Life

Jeff Bezos born Jeffrey Preston Jorgensen was born on born January 12, 1964 in Albuquerque, New Mexico in the United States of America to Jacklyn (née Gise) and Theodore Jørgensen. His father Theodore Jørgensen was a Danish American.

His parents later got divorced and his mom married a Cuban immigrant named Miguel Bezos in April 1968, it was then that Jeff Bezos’s name was changed from Jeffrey Preston Jorgensen to Jeffrey Preston Bezos, taking up his stepfather’s name. Jeff grew up in Houston, Texas and Miami, Florida. He moved to Houston, Texas when he was four years old.

Jeff Bezos Education

Jeff attended River Oaks Elementary School in Houston, Texas and when his family moved to Miami he attended Miami Palmetto High School where he graduated in 1982 He was his high school valedictorian, and he also won a Silver Knight Award and was also National Merit Scholar that same year.

He later went on to Princeton University where he graduated summa cum laude with a 4.2 GPA in 1986. He has a Bachelor of Science in Engineering degree (B.S.E.) in electrical engineering and computer science from Princeton University.


Early Career

After graduating from college in 1986, Jeff began his career at Fitel, which was a Fintech telecommunications start-up. After that he later moved to the banking sector where he worked as product manager at Bankers Trust.

He left Bankers Trust in 1990 after spending two years there to join D. E. Shaw & Co, which was a newly formed hedge fund where he rose to post of Senior Vice President when he was 30 years old. He worked there for four years before leaving in 1994 to start Amazon

When was Amazon founded?

Amazon started in July 5, 1994 in a garage in Bellevue, Washington and it sold its first book a year later in July, 1995. In 2002, Jeff launched Amazon Web Services for weather data from weather websites and traffic.

In November, 2007, Amazon Kindle was launched. On February 2, 2021 Jeff Bezos stepped down as CEO of Amazon with Andy Jassy taking over as CEO.

Net worth

Jeff Bezos current net worth as of October 2022 according to Forbes is estimated at US$139 billion

Other Businesses

Blue Origin – a human spaceflight startup founded in September 2000

The Washington Post – purchased by Jeff Bezos On August 5, 2013 for $250 million

Bezos Expeditions – a capital ventures firm through which he has invested in several other companies such as google, Unity Biotechnology, Zocdoc and many more. Did you know that Jeff Bezos was one of the first shareholders of google. He bought about 3.3 million stocks of google in 1998 which as at 2017 was worth $3.1 billion.

Altos Lab – a biotechnology company, which He co-founded in September 2021 with Yuri Milner.

Does Jeff Bezos still own Amazon?

On July, 2021 Jeff Bezos  stepped down as the CEO of Amazon and currently has just 10% of the company. He is currently the Executive chairman of the company.

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