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[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. What benefit would Bezos bring the league? Jeff Bezos has been continually linked to buying the Washington Commanders But he could pivot to buying the Seattle Seahawks, says a new report Click here for all [115], Bezos makes personal investments through his venture capital vehicle, Bezos Expeditions. [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. On July 20, 2021, he flew to space alongside his half-brother,[1] Mark. Jeff Bezos He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? Bezos founded Blue Origin in 2000, just six years after he started Amazon, with the goal of making spaceflight more affordable and more accessible. He is the founder and CEO of Amazon, owner of The Washington Post and founder of the space exploration company Blue [11][304][305] In November 2021, Bezos pledged to donate $2 billion towards restructuring food systems and nature conservation at the 2021 United Nations Climate Change Conference. Getty. WebOn Feb 21st, both Jones' jet and Bezos' jet landed at Princess Juliana Airport on the Island of St. Martin. [253] He had lobbied Paramount for the role apropos of Alexa and his personal/professional interest in speech recognition. Cowboys Ex Coach Wade Phillips: A Victim of Ageism? [269] Controversy over this was raised when General James Mattis accepted a headquarters tour invitation from Bezos and co-ordinated the deal through Sally Donnelly, a lobbyist who previously worked for Amazon. [17] At the time of Jeff's birth, his mother was a 17-year-old high-school student and his father was 19 years old. He has also supported Democrats U.S. representative John Conyers, as well as Patrick Leahy and Republican Spencer Abraham, U.S. senators serving on committees dealing with Internet-related issues. [259], According to public campaign finance records, Bezos supported the electoral campaigns of Patty Murray and Maria Cantwell, two Democratic U.S. senators from Washington. Jeff Bezos will officially step down as Amazon CEO on Sunday. [57] In 2002, Bezos led Amazon to launch Amazon Web Services, which compiled data from weather channels and website traffic. WebForbes estimates that Bezos has donated $2.4 billionless than 2% of his total net worthto charitable causes during his lifetime. 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. [278] In March 2019, Bezos's security consultant accused the Saudi government of hacking Bezos's phone. [58] After the company nearly went bankrupt, he closed distribution centers and laid off 14% of the Amazon workforce. He also purchased the major American newspaper The Washington Post in 2013 for $250million and manages many other investments through his venture capital firm, Bezos Expeditions. [192][194], After a rumor broke out that Amazon was developing a smartphone, Bezos's net worth rose to $30.5billion in 2014. Data is a real-time snapshot *Data is delayed at least 15 minutes. [61] In 2013, Bezos secured a $600-million contract with the Central Intelligence Agency (CIA) on behalf of Amazon Web Services. Jeff Bezos was born in Albuquerque, New Mexico, on January 12, 1964. He was raised largely in Houston, Texas, and moved to Miami, Florida, as a teenager. Jeff Bezos Billionaire Tim Koch has always loved adventure, from riding horses to exploring the [10] In 2020 during the COVID-19 pandemic, his wealth grew by approximately $24billion. Their returns? [270] In November 2019, when the contract was awarded to Microsoft instead, Amazon filed a lawsuit with allegations that the bidding process was biased. [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. [92] Rob Meyerson led Blue Origin from 2003 to 2017 and served as its first president. Jeff Bezos This percentage increase ascended him to the 43rd spot on the ranking from 68th. Jeff Bezos quit his job at an investment bank in 1994 and moved to Seattle, Washington, to open a virtual bookstore. All Rights Reserved. "[159] During the 1990s and early 2000s at Amazon, he was characterized as trying to quantify all aspects of running the company, often listing employees on spreadsheets and basing executive decisions on data. [57] In 2003, Amazon rebounded from financial instability and turned a profit of $400million. [206] He is considered the first registered centi-billionaire (not adjusted for inflation). Changing His Eating Habits Turned Out To Be The Biggest Change. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. [71], In March 2018, Bezos dispatched Amit Agarwal, Amazon's global senior vice president, to India with $5.5billion to localize operations throughout the company's supply chain routes. "Overtime has built an unrivaled brand and global community from scratch in just five years. During that time, Amazon was just coming into its own by selling CDs online. For other people with the surname, see, Wealthiest people in the United States by state, All currency figures expressed in the United States dollar (US$) in, Many calculations of Bezos's wealth during the late 2010s were not, Students for the Exploration and Development of Space, Heinlein Prize for Advances in Space Commercialization, Reporters Committee for Freedom of the Press, undocumented immigrants brought to the United States as minors, 2021 United Nations Climate Change Conference, "Riding the Wild, Perilous Waters of Amazone.com", "Jeff Bezos Is Getting Astronaut Wings. The company also and sells apparel with its logos and branding. [62] In October of that year, Amazon was recognized as the largest online shopping retailer in the world. [247] Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and one daughter adopted from China. [169][170], Bezos first became a millionaire in 1997 after raising $54million through Amazon's initial public offering (IPO). Jeff Bezos is a gamer if you count flying rockets: Twitch co [163], He meets with Amazon investors for a total of only six hours a year. Jeff Bezos Overtime is a media company that distributes original sports content on social media outlets, including Snapchat, YouTube and Facebook. Day 1 Families Fund grants, the amounts of which vary in monetary terms, will be sent to 40 organizations across the country.[309]. [287], In May 2017, Bezos gave $1million to the Reporters Committee for Freedom of the Press, which provides pro bono legal services for American journalists. Jeff Bezos, Drake and others invest $80 million in sports [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. [187] His wealth plummeted even more the following year, dropping 66.6% to $2.0billion. 5 Things Jeff Bezos Does Other Than Work | Entrepreneur [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. [227], In June 2019, Bezos purchased three adjoining apartments overlooking Madison Square Park in Manhattan, including a penthouse, for a combined total of US$80million, making this one of the most expensive real estate purchases within New York City in 2019. 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. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. He believes that work and home life are interconnected, informing and calibrating each other. [286] That same month, Janet Camarena, director of transparency initiatives at Foundation Center, was quoted by CNBC as having questions about Bezos's new Day 1 Fund, including the fund's structure and how exactly it will be funded. [67] On January 29, 2018, he was featured in Amazon's Super Bowl commercial. That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. [295][bettersourceneeded] In June 2018, Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. When he studied at Stanford, he joined a variety of sports teams, including in-line skating, skiing, gymnastics, and trapeze. [90] Bezos has long expressed an interest in space travel and the development of human life in the Solar System. Bezos Expeditions, the personal investment firm of the Amazon CEO, is one of the companies tied to this funding round. ", and "Why are you ruining my life?". As of now, players who join are not eligible for collegiate-level play. [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. Amazon founder Jeff Bezos on Monday will hand over his chief executive title to Andy Jassy, ending a more than two-decade run leading the company through its Got a confidential news tip? On this Wikipedia the language links are at the top of the page across from the article title. [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. [285], In September 2018, Business Insider reported that Bezos was the only one of the top five billionaires in the world who had not signed the Giving Pledge, an initiative created by Bill Gates and Warren Buffett that encourages wealthy people to give away a majority of their wealth. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [99], In 2015, Bezos announced that a new orbital launch vehicle was under development and would make its first flight in the late-2010s. Did Scream? [41][42], After Bezos graduated from college in 1986, he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. [46] He and his then-wife, MacKenzie Scott, left their jobs at D. E. Shaw and founded Amazon in a rented garage in Bellevue, Washington on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. 3 among the worlds richest, after Amazons stock tanked following a downbeat "[89], In September 2000, Bezos founded Blue Origin, a human spaceflight startup. In addition, it is also reported that current Commanders Owner Daniel Snyder blocked Bezos from entering the private auction for the team even though Bezos said he wanted to participate. [45][43], In late 1993, Bezos read that the Internet was growing at a rate of 2300% a year and decided to establish an online bookstore. Jeff Bezos Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. [268] A 2018, $10billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project, this time with the Pentagon, was allegedly written up in a way that favors Amazon. Jeff Bezos [28] His relative lack of philanthropy compared to other billionaires has drawn a negative response from the public since 2016. Overtime raised $80 million in a Series C with investors including Bezos Expeditions, Drake and NBA stars including Devin Booker, Trae Young and Klay Thompson. On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. [79] This followed revelations by the non-profit group New Food Economy which found that one third of Amazon workers in Arizona, and one tenth of Amazon workers in Pennsylvania and Ohio, relied on food stamps. [37] In 1986, he graduated summa cum laude from Princeton University with a 4.2 GPA and a Bachelor of Science in Engineering degree (B.S.E.) Jeff Bezos taps investment firm while mulling Commanders bid WebBezos made a cameo appearance playing an alien in the film Star Trek Beyond. More significantly, Perez reports that Amazon founder Jeff Bezos has yet to make a bid. [45][246] In 1994, they moved across the country to Seattle, Washington, where Bezos founded Amazon. This is the lowdown on Amazons The Expanse. [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. Get this delivered to your inbox, and more info about our products and services. [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. [260] Jeff Bezos and MacKenzie Bezos have supported the legalization of same-sex marriage, and in 2012 contributed $2.5million to Washington United for Marriage, a group supporting a yes vote on Washington Referendum 74, which affirmed a same-sex marriage law enacted in the state. The letter demanded "Fair wages; fair benefits for retirement, family leave and health care; and a fair amount of job security. [117][118] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging. [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. Jeff Bezos $3,487 is divided by 47, a fraction. Jeffs mother and father were was only 17 and 19 when he was born. Here's how the e-commerce giant got its name", "Jeff Bezos convinced 22 investors to back his new company Amazon in 1994. [69] Due to the growth of Alibaba in China, Bezos has often expressed interest in expanding Amazon into India. [165][166] Bezos maintains the email address jeff@amazon.com[167] as an outlet for customers to reach out to him and the company. ", "Amazon is celebrating its 25th birthday. [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. Jeff Bezos [51] He favored diverting Amazon profits back into the company in lieu of allocating it amongst shareholders in the form of dividends. [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. [101] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution. [26] Lawrence retired early to his family's ranch near Cotulla, Texas, where Jeff would spend many summers in his youth. [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. [283], Bezos donated to the Fred Hutchinson Cancer Research Center several times between 2009 and 2017. [148][149][150] Since 2017, he has been portrayed by Kyle Mooney and Steve Carell on Saturday Night Live, usually as an undercutting, domineering figure. [85] The American workers who were being paid the minimum wage had this increased to $15 per hour, a decision that was interpreted as support for the Fight for $15 movement. [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. [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. [129][130], In September 2021, Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner. [114] After a surge in online readership in 2016, the paper was profitable for the first time since Bezos made the purchase in 2013. That But Soon, the F.A.A. Jeff Bezos [25] Jeff's maternal grandfather was Lawrence Preston Gise, a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque. what sports do jeff bezos play? ictsd.org In March 2022, the NFL made a revolutionary move to deliver the Thursday Night Football media rights to Jeff Bezos streaming platform. Jeff Bezos Here's what you need to know about the sale", "The Washington Post closes sale to Amazon founder Jeff Bezos", "Jeff Bezos Makes His First Major Move at the Washington Post", "The Washington Post Is a Software Company Now", "How Jeff Bezos Reacts to 'Negative' Amazon Articles in the Washington Post", "The Story of Jeff Bezos' $250,000 Investment into Google in 1998", "New Yorker: Bezos' Initial Google Investment Was $250K in 1998 Because 'I Just Fell in Love with Larry and Sergey', "Google's co-founders and other Silicon Valley billionaires are trying to live forever", "We can learn a lot about Jeff Bezos' health strategy by looking at his investments", "Why Jeff Bezos Might Be the One to Crack the Health Care Challenge", "Amazon, Berkshire Hathaway and JPMorgan Team Up to Try to Disrupt Health Care", "Jeff Bezos Wants Ideas for Philanthropy, So He Asked Twitter", "Billionaire Bezos adds to eclectic interests", "Jeff and MacKenzie Bezos Flip the Switch on New Bezos Center for Innovation at MOHAI, Kicking Off Saturday Launch Celebration", "The Engines That Propelled Us into Space, Recovered From the Ocean Floor", "Rocket Engine Part Recovered by Amazon CEO Has Apollo 11 History", "Bezos Salvage Team Plucks Apollo Rocket Engines from Atlantic", "Apollo F-1 Engine Preview | The Museum of Flight", "As Apollo 11 moon landing anniversary nears, space fans get ready to celebrate", "Altos Labs Launches with $3B and a Focus on Reversing Disease, Aging", "The Everything Store: Jeff Bezos and the Age of Amazon", "Amazon Uses '60 Minutes' To Unveil Automated Delivery Drones", "If Jeff Bezos really wanted to rule the world, he'd pose for corny photos like he used to", "Is Jeff Bezos a Horrible Boss and Is That Good? [237] In 2013, more than 400 Washington Post employees wrote an open letter to Bezos criticizing his poor wages and benefits for his employees. Jeff Bezos Initially operating out of his garage, the companys first annual revenue was $510,000. [151][bettersourceneeded] In May 2014, the International Trade Union Confederation named Bezos the "World's Worst Boss", with its general secretary Sharan Burrow saying: "Jeff Bezos represents the inhumanity of employers who are promoting the North American corporate model",[152] while in 2019, Harvard Business Review, which ranked Bezos the best-performing CEO for 4 years in a row since 2014, did not rank him even in the top 100, citing Amazon's "relatively low ESG (environment, social, and governance) scores" that reflect "risks created by working conditions and employment policies, data security, and antitrust issues. [160] Journalist Walt Mossberg dubbed the idea that someone who cannot tolerate criticism or critique shouldn't do anything new or interesting "The Bezos Principle". Billionaire Amazon founder Jeff Bezos recently said he plans to give away the majority of his fortune. Won't Award Them", "FAA Commercial Human Spaceflight Recognition", "Bloomberg Billionaire Index Jeff Bezos", "Meet Altos Labs, Silicon Valley's latest wild bet on living forever", "This Is The Richest Person in the World", "Jeff Bezos Becomes The First Person Ever Worth $200 Billion", "Amazon CEO Jeff Bezos grows fortune by $24bn amid coronavirus pandemic", "Jeff Bezos to Step Down as Amazon C.E.O. [11] On July 5, 2021, Bezos stepped down as the CEO and President of Amazon and transferred to the role of executive chairman; Andy Jassy, the chief of Amazon's cloud computing division,[12][13] succeeded Bezos as the CEO and President of Amazon. He holds a degree in electrical engineering and computer science. He was succeeded as CEO by Andy Jassy. This increase outstripped the economic development (in GDP terms) of more than 96 countries around the world. [36] His 1982 high school valedictorian senior graduation speech was followed up with a Miami Herald interview in which he expressed an interest to build and develop hotels, amusement parks, and colonies for human beings who were in orbit. [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. Sign up for free newsletters and get more CNBC delivered to your inbox. Sports media company Overtime has secured an $80 million fundraising round with investors including Jeff Bezos' investment firm, global entertainer Drake, Reddit co-founder Alexis Ohanian and several National Basketball Association players. [185] He was first included on the Forbes World's Billionaires list in 1999 with a registered net worth of $10.1billion. No, Jeff Bezos does not own a sports team. Jeff Bezos No. 3 world's richest after losing Amazon tanks - New [32][33] While Jeff was in high school, he worked at McDonald's as a short-order line cook during the breakfast shift. [34], Bezos attended the Student Science Training Program at the University of Florida. "[137] Select accounts of his persona have drawn controversy and public attention. Since that report from November 2019, Bezos' ties with the NFL have only grown. Amazon CEO Jeff Bezos was a smart and enterprising kid, as Brad Stone writes in his 2013 book "The Everything Store." [65] A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. [20] Jeff attended a Montessori school in Albuquerque, New Mexico, when he was two years old. Khashoggi was killed in late 2018, in Turkey's Saudi consulate for his critical stance and journalism against the Saudi government and its leader. [293][294], In January 2018, Bezos made a $33million donation to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors. [297], In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. [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. Jeff Bezos - Bald & Ballin [199] After sporadic jumps in Amazon's share price, in July 2017 he briefly unseated Microsoft cofounder Bill Gates as the wealthiest person in the world. [92][248] Bezos and MacKenzie have not disclosed their religious status. Jeff Bezos "[254] Bezos's family corporation Zefram LLC is named after Zefram Cochrane, a character from Star Trek. We want to hear from you. [51] At the time, website listings were alphabetized, so a name starting with "A" would appear sooner when customers conducted online searches.