He originally titled the company Cadabra, but changed it to name it after the Amazon River. He received an estimated $300,000 to invest in Amazon from his parents. Bezos worked here until 1994, when he left to start Amazon after writing up the business plan on a road trip from New York to Seattle.īezos drew up the Amazon business plan on a road trip from New York to Seattle. At 30-years-old, Bezos became the hedge fund’s fourth senior vice-president. In 1990 Bezos left Bankers Trust to join a newly founded hedge fund, D. ![]() In 1988 Bezos transitioned into the banking industry, becoming a product manager at Bankers Trust. Bezos turned those down to start at fintech telecommunications start-up Fitel. Jeff Bezos’s career pathĪfter graduating from Princeton in 1988, Bezos had job offers from Intel, Bell Labs, and Anderson Consulting. ![]() On March 6, 2018, Bezos officially became the richest person in the world with a net worth of $112 billion. In 2015 Bezos landed himself on the list of top ten richest people in the world with a total net worth of $50.3 billion. His net worth dropped to $6.8 billion, but rose to $12.6 billion in 2010. Bezos quadrupled his net worth from 2005 to 2007, bringing it to $8.7 billion, but was hurt by the financial crisis and economic recession. The next year Bezos’s net worth plummeted to $6.1 billion, and $2 billion the following year. ![]() He was included on the Forbes World’s Billionaires list with a registered net worth of $10.1 billion. The value in the CEO’s Amazon shares sent him from millionaire to billionaire status. Bezos hit billionaire status two years later in 1999 at 35-years-old. When did Jeff Bezos reach millionaire/billionaire status?īezos became a millionaire in 1997 after he raised $54 million through Amazon’s initial public offering. *According to Forbes What is Jeff Bezos’s net worth in 2019?įorbes last reported Jeff Bezos’s net worth to be $115.4 billion in August 2019.
0 Comments
Leave a Reply. |