[b], His wealth, in 201718 terms, equaled that of 2.7million Americans. [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 Who Will Win? [289][290] A year later in June, he tweeted that he would announce two philanthropic foci by the end of summer 2018. [126] They were positively identified as belonging to the Apollo 11 mission's S-1C stage from July 1969. Mark remembers his brother being extremely thin and basically eating whatever he wanted. Shares of the company were only $7 on average that year. [49] Prior to settling on Seattle, Bezos had investigated setting up his company at an Indian reservation near San Francisco in order to avoid paying taxes. [129][130], In September 2021, Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner. Teds grandfather had immigrated from now Denmark to Chicago around 1900. [243][244] Media reports have accused Sanchez's brother Michael of being the source for the photos obtained by National Enquirer; however, Bezos has speculated that it may have been the Saudi Arabian government. [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". Jeff Bezos will officially step down as Amazon CEO on Sunday. [86], In February 2021, Bezos announced that in the third quarter of 2021 he would step down from his role as CEO of Amazon to become the Executive Chairman of the Amazon Board. twitter Vote 3 Related Topics NFL Professional football Professional sport Football Sports 3 comments Best Add a Comment Zac_Anarumo 4 min. [83] However, Sanders countered that the companies targeted by his proposal have placed an increased focus on part-time workers to escape benefit obligations. [223][224] According to Forbes, had the Washington state common law applied to their divorce without a prenuptial agreement, Bezos's wealth could have been equitably divided with his ex-wife;[225][226] however, she eventually received 25% of Bezos's Amazon shares, valued at approximately $36billion, making her the third-richest woman in the world. "[81] He later said: "Bezos could play a profound role. [52] He accepted an estimated $300,000 from his parents as investment in Amazon. Got a confidential news tip? Bezos has been interested in becoming an NFL owner for at least four years. Sign up for free newsletters and get more CNBC delivered to your inbox. [191] After the financial crisis and succeeding economic recession, his net worth would decrease to $6.8billiona 17.7% drop. [66] By January 19, 2018, his Amazon stock holdings had appreciated to slightly over $109billion; months later he began to sell stock to raise cash for other enterprises, in particular, Blue Origin. 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. WebFor the years he did pay federal income taxes between 2006 and 2018, Bezos paid a total of about $1.4 billion on a reported income of $6.5 billion, or a rate of about 21.5%. As of now, players who join are not eligible for collegiate-level play. [62] In October of that year, Amazon was recognized as the largest online shopping retailer in the world. [291] Bezos announced in September 2018 that he would commit approximately $2billion to a fund to deal with American homelessness and establish a network of non-profit preschools for low income communities. [96] After the crash, Bezos has been superstitiously wearing his "lucky" Texas Cowboy boots to all rocket launches. So, lets say he pays $4.5 The NFL has played games in London, Mexico City and Germany but there is one place they haven't touched. 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. [262], After the 2016 presidential election, Bezos was invited to join Donald Trump's Defense Innovation Advisory Board, an advisory council to improve the technology used by the Defense Department. He should pay his workers first", "If Jeff Bezos wants to help low-income people why not just pay them better? [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. He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? The real question, as a league source has framed it for PFT, is whether Bezos has deliberately chosen not to get in, or whether he has been frozen out. Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. [74] Amazon's share price fell by 9% in response to the President's negative comments; this reduced Bezos's personal wealth by $10.7billion. [306], Bezos Academy is a group of tuition-free preschools for students from low-income families, which was created by Bezos, and which operate in a manner similar to the Montessori method. 1) Hes capable of paying whatever for a team. [113] In January 2016, Bezos set out to reinvent the newspaper as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. Bezos rose to be the 5th richest person in the world hours before market close; he gained $7billion in one hour. [101] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution. ago The conversation was a lot more depressing than what you imagine r/SCP Join 3 yr. ago [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. [24] Jeff attended River Oaks Elementary School in Houston from fourth to sixth grade. [169][170], Bezos first became a millionaire in 1997 after raising $54million through Amazon's initial public offering (IPO). The Amazon CEO Keeps His Beliefs to Himself", "What we know, and don't know, about Jeff Bezos' religious beliefs", "Amazon Chief Survives Helicopter Crash in Texas", "Amazon founder Jeff Bezos reveals Star Trek Beyond alien cameo", "Jeff Bezos, long known for guarding his privacy, faces his most public and personal crisis", "Amazon CEO Jeff Bezos and wife MacKenzie to divorce after 25 years of marriage", "Jeff and MacKenzie Bezos are getting divorced after 25 years of marriage", "Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorce", "Amazon's Jeff Bezos, wife, make $2.5million donation for gay marriage", "Amazon.com Contributions to Federal Candidates, 2012 cycles", "How to Understand Donald Trump's #AmazonWashingtonPost Tweet in 3 Easy Steps", "Slammed by Trump, Amazon's Jeff Bezos Chooses Silence", "Why Jeff Bezos Is Dumping Cash into Trump's Swamp", "Donald Trump called out Jeff Bezos on Twitter. [236][115] Bezos treatment of employees at The Washington Post has also drawn scrutiny. [21] After his parents divorced, his mother married Cuban immigrant Miguel "Mike" Bezos in April 1968. This increase outstripped the economic development (in GDP terms) of more than 96 countries around the world. [271][272] On July 6, 2021, the Pentagon cancelled the JEDI contract with Microsoft, citing that "due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs. Amazon Bezos left D.E. He worked on Wall Street in a variety of related fields from 1986 to early 1994. Here's how the e-commerce giant got its name", "Jeff Bezos convinced 22 investors to back his new company Amazon in 1994. It is the world's largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch. [114] After a surge in online readership in 2016, the paper was profitable for the first time since Bezos made the purchase in 2013. [198] However, just months later in October 2016, his wealth increased by $16.2billion to $66.5billion, unofficially ranking him the third-richest person in the world, behind Warren Buffett. The Raptors Global Ambassador Drake cheers on the team as the Toronto Raptors beat the Philadelphia 76ers 101-96 at the Scotiabank Arena in Toronto. [39] To push Amazon forward, Bezos developed the mantra "Get Big Fast", establishing the company's need to scale its operations to produce market dominance. [63], In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671million, the largest sum he had ever raised from selling some of his Amazon stock. Brin said in a blog post from 2008 that he [97] In May 2013, Bezos met with Richard Branson, chairman of Virgin Galactic, to discuss commercial spaceflight opportunities and strategies. [215] Following the report by Quartz, Amazon workers in Poland, (Germany), and Spain participated in demonstrations and labor strikes to draw attention to his growing wealth and the lack of compensation, labor rights, and satisfactory working conditions of select Amazon workers. [92] Rob Meyerson led Blue Origin from 2003 to 2017 and served as its first president. [61] In 2013, Bezos secured a $600-million contract with the Central Intelligence Agency (CIA) on behalf of Amazon Web Services. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. [100] Later in November, Blue Origin's New Shepard space vehicle successfully rocketed into space and reached its planned test altitude of 329,839 feet (100.5 kilometers) before executing a vertical landing back at the launch site in West Texas. [51], In 1998, Bezos diversified into the online sale of music and video, and by the end of the year he had expanded the company's products to include a variety of other consumer goods. [186] His net worth decreased to $6.1billion a year later, a 40.5% drop. [103] To execute this program, Blue Origin built six of the vehicles to support all phases of testing and operations: no-passenger test flights, flights with test passengers, and commercial-passenger weekly operations. Author of Book on Amazon", "What Is Jeff Bezos's Religion? ', "Country star Dolly Parton gets $100m award from Amazon founder Jeff Bezos", "Jeff Bezos announces 40 grants totaling $123 million to combat homelessness", "Jeff Bezos reveals what it's like to build an empire", "Inside Jeff Bezos's Washington D.C. Life", List of mergers and acquisitions by Amazon. [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. That $250,000 investment resulted in 3.3million shares of Google stock, worth about $3.1billion in 2017. [65] A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. [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. [205] He unseated Bill Gates ($90billion), who was $6billion ahead of Warren Buffett ($84billion), ranked third. [240][241] Later, Bezos published an online essay on February 7, 2019, in which he accused American Media, Inc. owner David Pecker of "extortion and blackmail" for threatening to publish intimate photos of Bezos and current girlfriend Lauren Snchez[242] if he did not stop his investigation into how his text messages and other photos had been leaked to the National Enquirer. ", "Why Trump went after Bezos: Two billionaires across a cultural divide", "9 Shocking Anecdotes That Reveal Jeff Bezos's Cutthroat Management Style", "How Jeff Bezos Became a Power Beyond Amazon", "Guess How Many Pillsbury Biscuits Jeff Bezos Used to Eat Daily", "How Amazon Got Swole Just Like CEO Jeff Bezos", "Jeff Bezos: The man who turned Amazon into an empire", "Amazon CEO Jeff Bezos stuns everyone with his macho look, Twitter users compare him with The Rock, VinDiesel", "Jeff Bezos's latest sideline has lots of people comparing him to a comic-book supervillain", "Jeff Bezos, Who Is Not A Super-Villain, Is Building A Giant Clock Inside A Mountain, Because He's NOT A Super-Villain", "On SNL, a bald Steve Carell plays Jeff Bezos and won't stop trolling Trump", "Amazon's Jeff Bezos Wins ITUC's World's Worst Boss Poll", "The Best-Performing CEOs in the World, 2019", "For Bezos, Now World's Richest, Philanthropy Is 'Saved for Later', "Amazon launches a scathing response to Times story", "Jeff Bezos responds to 'New York Times' report on Amazon's workplace", "This is the Jeff Bezos playbook for preventing Amazon's demise", "Amazon's Bezos could teach large companies a thing or two about strategy", "What Amazon's Jeff Bezos thinks about Peter Thiel and Hulk Hogan vs. Gawker", "A day in the life of the richest person in history, Jeff Bezos who made $6.44billion in one day and still washes the dishes after dinner", "This is Jeff Bezos' 3-question test for new Amazon employees", "Kevin's Week in Tech: Jeff Bezos Reminds Tech Who's Boss", "5 key business lessons from Amazon's Jeff Bezos", "What Makes Amazon CEO Jeff Bezos Such a Visionary Leader", "Jeff Bezos keeps his Amazon email address public here's why", "Amazon CEO Jeff Bezos explains his famous one-character emails, known to strike fear in manager's hearts", "Forum on Leadership: Conversation with Jeff Bezos", "Jeffrey Preston Bezos: 1999 Person of the year", "America's Best Leaders: Jeff Bezos, Amazon.com.com CEO", "April 22: Amazon.com Founder Jeff Bezos to Speak at Carnegie Mellon Business School and Computer Science Diploma Ceremonies", "Charging ahead: e-book design and popularity win Kindle creators Innovation Award", "Amazon's Jeff Bezos: The ultimate disrupter", "Jeff Bezos on nuclear reactors in space, the lack of bacon on Mars and humanity's destiny in the solar system", "National Academy of Engineering Elects 83 Members and 16 Foreign Members", "Jeff Bezos gets a kick out of winning the first Buzz Aldrin Space Innovation Award", "Jeff Bezos responded to reports of poor working conditions at Amazon here's what he said", "Jeff Bezos: The World's 100 Most Influential People", "Emmanuel Macron criticised for giving Lgion d'honneur to Jeff Bezos", "The Age When 17 Self-Made Billionaires Earned Their First Million", "Jeff Bezos' Net Worth Rises $1.4 Billion on Rumors of 3-D Amazon Smartphone", "Jeff Bezos Just Gained $7 Billion in an Hour to Become World's Fifth Richest", "The Full List of Every American Billionaire 2016", "Amazon CEO Jeff Bezos' Net Worth Hits Record High As Fortune Jumps $2.6 Billion", "Amazon CEO Jeff Bezos Is the Richest Person in the World Again", "Forbes 2017 Billionaires List: Meet The Richest People on the Planet", "Jeff Bezos Made $6.2 Billion in 5 Minutes and Became the World's Richest Person (How Was Your Thursday? [76] During July 2018, a number of members of the U.S. Congress called on Bezos to detail the applications of Amazon's face recognition software, Rekognition. [143] Additionally, Bezos reportedly pitted Amazon teams against each other, and once declined to give Amazon employees city bus passes in order to discourage them from leaving the office. Bezos started to wear tailored clothing; he weight trained, pursued a regimented diet and began to freely spend his money. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. Billionaire Tim Koch has always loved adventure, from riding horses to exploring the WebJeff Bezos childhood. Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. [45][51] Three years after Bezos founded Amazon, he took it public with an initial public offering (IPO). Billionaire Amazon founder Jeff Bezos recently said he plans to give away the majority of his fortune. On July 20, 2021, he flew to space alongside his half-brother,[1] Mark. Yes. [137][138][139], Bezos was seen by some as needlessly quantitative and data-driven. Jeff Bezos (@JeffBezos) October 1, 2021 Since New Worlds launch on Tuesday , it has managed to reach a concurrent player count of over 800,000 players, On this Wikipedia the language links are at the top of the page across from the article title. Day 1 Families Fund grants, the amounts of which vary in monetary terms, will be sent to 40 organizations across the country.[309]. [28] At the time of the post, Bezos's lifetime spending on charitable causes was estimated to be $100million. [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. Data is a real-time snapshot *Data is delayed at least 15 minutes. [28] Multiple opinion columnists responded by asking Bezos to pay higher wages to Amazon warehouse workers. [188] He lost $500million the following year, which brought his net worth down to $1.5billion. [44] Bezos was promoted to head of development and director of customer service thereafter. [124][125] In 2013, Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 engines from the floor of the Atlantic Ocean. Since that report from November 2019, Bezos' ties with the NFL have only grown. Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. [111] The sale closed on October 1, 2013, and Nash Holdings took control. The hour glass appears to be running out on Snyder's ownership of the Commanders. Cry? [143], Throughout his early years of ownership of The Washington Post, Bezos was accused of having a potential conflict of interest with the paper. Notably, journalist Brad Stone wrote a book that described Bezos as a demanding boss as well as hyper-competitive,[133][140] and opined that Bezos perhaps "bet the biggest on the Internet" than anyone else. [214] According to Quartz, his net worth of $150billion in July 2018 was enough to purchase the entire stock markets of Nigeria, Hungary, Egypt, Luxembourg, and Iran. He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. Khashoggi was killed in late 2018, in Turkey's Saudi consulate for his critical stance and journalism against the Saudi government and its leader. [95] In September 2011, one of the company's unmanned prototype vehicles crashed during a short-hop test flight. [162] When interviewing candidates for jobs at Amazon, he has stated he considers three inquiries: can he admire the person, can the person raise the common standard, and under what circumstances could the person become exemplary. [297], In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. Changing His Eating Habits Turned Out To Be The Biggest Change. [253] He had lobbied Paramount for the role apropos of Alexa and his personal/professional interest in speech recognition. The great American entrepreneur Jeff Bezos is the co-founder and longest-serving CEO of Amazon. "Overtime has built an unrivaled brand and global community from scratch in just five years. [245], In 1992, Bezos was working for D. E. Shaw in Manhattan when he met novelist MacKenzie Tuttle, who was a research associate at the firm; the couple married a year later. Although the crash was viewed as a setback, news outlets noted how far the company went from its founding-to-date in advancing spaceflight. During the COVID-19 pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon. [154][28] Bezos has been known to publicly contest claims made in critical articles, as exemplified in 2015 when he sent a memo to employees denouncing a New York Times piece. This fundraise reflects the incredible growth opportunities associated with such a market leading position, including the opportunity to bring Overtime Elite into the world," said Michael Spirito, a partner at investment firm Sapphire Sport, who led the funding round. [278] In March 2019, Bezos's security consultant accused the Saudi government of hacking Bezos's phone. [250], In March 2003, Bezos was a passenger in a helicopter that crashed in West Texas while surveying land to buy for Blue Origin; the other 3 occupants in the helicopter were pilot Charles "Cheater" Bella, Amazon lawyer Elizabeth Korrell, and local rancher Ty Holland. A Division of NBCUniversal. [308], On November 22, 2022, Jeff Bezos awarded $123 million to organizations that are engaged in relocating homeless families to permanent housing. [120] In January 2018, an announcement was made concerning Bezos's role within a new, unnamed healthcare company. 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. A.J. Will I regret missing the beginning of the Internet? He is the founder and CEO of Amazon, owner of The Washington Post and founder of the space exploration company Blue Overtime is a media company that distributes original sports content on social media outlets, including Snapchat, YouTube and Facebook. [251][252] All survived; Bezos sustained only minor injuries and was discharged from a local hospital the same day. [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. [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. [230], In February 2020, Bezos purchased the Warner Estate from David Geffen for $165 million,[231][232] a record price paid for a residence in the Los Angeles area. 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. in electrical engineering and computer science; he was also a member of Phi Beta Kappa. [45][246] In 1994, they moved across the country to Seattle, Washington, where Bezos founded Amazon. [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. Whats more, the report also said that [32][33] While Jeff was in high school, he worked at McDonald's as a short-order line cook during the breakfast shift. According to BBC, Bezos's top security staffer, Gavin de Becker,[279] "linked the hack to the Washington Post's coverage of the murder of Saudi writer Jamal Khashoggi at the Saudi consulate in Istanbul". Jeff himself revealed that before Even Jeff Bezos' brother Mark was completely taken off guard by the internet memes showing the man behind Amazon looking completely jacked. Investors in OTE include Portland Trail Blazers forward Carmelo Anthony, Brooklyn Nets star Kevin Durant and Silicon Valley venture capital firm Andreessen Horowitz. [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. [64] On August 4, 2016, Bezos sold another million of his shares for $756.7million. WebJeff Bezos Daily Routine, Workout & Diet. [249] Public records, family history, and biographical details suggest that both were raised under some form of Christianity. [51] At the time, website listings were alphabetized, so a name starting with "A" would appear sooner when customers conducted online searches. The company also and sells apparel with its logos and branding. Bezos has been interested in becoming an NFL owner for at least four years. [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. [274], In 2019, a political action committee linked to Bezos spent over $1million in an unsuccessful attempt to defeat the reelection bid of Seattle city council member and activist Kshama Sawant. On Saturday, TheAthletic.com reported that Bank of America (which is handling the sale) has informed Bezos that hes out. 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. ", "Are you lazy or just incompetent? Bezos was a multi-billionaire who drove a 1996 Honda Accord. Blue Origin's New Shepard vehicle reached space in 2015 and afterwards successfully landed back on Earth; he flew into space on Blue Origin NS-16 in 2021. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. 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. [234], Bezos is known for creating an adversarial environment at Amazon, as well as insulting and verbally abusing his employees. If he said today, nobody who is employed at Amazon will receive less than a living wage, it would send a message to every corporation in America. [9] In August 2020, according to Forbes, he had a net worth exceeding $200billion. 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. Here's everything that's happened since their relationship began, including a tabloid scandal and possibly even a hack by foreign operatives", "Jeff Bezos Walks Through a One-Way Door, Opening a New Age for Amazon", "Jeff Bezos Accuses National Enquirer of 'Extortion and Blackmail', "Jeff Bezos' nudes were reportedly leaked when his girlfriend Lauren Sanchez sent them to her brother, in a new twist to the dramatic saga here's everything we know so far", "Quoted: She Said, He Said MacKenzie Bezos Vs. "Bezos" redirects here. [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. In March, the company made headlines when it announced Overtime Elite, a basketball league for 16-to-18-year-olds that allows them to earn at least $100,000 per year. Their returns? "[273] Despite Bezos's support for an open borders policy towards immigrants, Amazon has actively marketed facial recognition software to U.S. Immigration and Customs Enforcement (ICE).
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