Jeff Bezos Biography

Jeff Bezos Biography | Secrets of Jeff Bezos’s Wonderful Success

Jeff Bezos Full Biography

You must have seen many rich people in the world who have achieved great success and many of them are rich who became rich because of their family background. But the inspiration that comes from the self made rich does not come from the rich who became rich because of their family background because a lot can be learned from those who are self made successful persons like their struggle, their decision, turning point. of life, early life etc. etc.. and if we talk about self made successful persons then Jeff Bezos’s name comes very high in that because he has become the richest person in the world. And we want that in Jeff Bezos biography,

We should share more and more things about Jeff Bezos with you, which you do not know about Jeff Bezos, but you want to know. 

If you want to know the secret of his success from the life of Jeff Bezos, then read Jeff Bezos Biography very carefully. 

Who is Jeff Bezos?

Jeff Bezos is the founder of Amazon, the world’s largest ecommerce company. 

According to Forbes Jeff Bezos was the world’s richest self made rich with real time net worth of $184.6B in 2020. And in July 2021 also remains the richest person in the world with $205.6 B real time net worth.

The second person in the world to travel by private spacecraft-

Jeff Bezos Biography

On Tuesday 20 July 2021, Jeff Bezos became the second person in the world to travel in space in his personal vehicle. Bezos made this trip from Texas to New Shefford of his company Blue Origin. Accompanying him on this journey is his brother Mark Bezos with 82-year-old Wally Funk, and an 18-year-old student Oliver Daemen. 

With this trip, two records were also made, first 82-year-old Wally Funk is the world’s oldest woman to travel in space and 18-year-old Oliver Daemen is the youngest person in the world to travel in space. 

Jeff Bezos founded Blue Origin to promote tourism in space. 

Jeff Bezos charged $28 million each in this trip. In which 18-year-old Oliver Daemen’s expenses were borne by his father. 

Jeff Bezos and his team spent about 10.10 seconds in space. And the words that came out of Jeff Bezos’s mouth after returning from space travel were: “Best day ever!” Which means “best day ever!”

Jeff Bezos’s Early Life and His Struggle-

Jeff Bezos was born on 12, January 1964 in Albuquerque, New Mexico. His initial name was Jeffrey Preston Jorgensen. He was born at a time when his mother, Jacklyn Gise Jorgensen, and his biological father, Ted Jorgensen were not even married.

Only after a year of marriage, when Jeff Bezos was 4 years old, his father Ted Jorgensen left him and his mother. And his mother married a second time to Miguel Mike Bezos, an immigrant Cuban citizen. Mike Bezos adopted this Jeff who was 4 years old at that time.

After which Jeffrey Preston Jorgensen’s name became Jeff Bezos. And this family went to Texas. From where Jeff studied from 4th to 6th grade at River Oaks Elementary School, Houston. 

After this Jeff moved to Miami, Florida with his family. And due to his economic condition not being good, in the meantime Jeff did a small job in Mc Donald.

Role model of Jeff Bezos-

Bezos’ maternal grandfather Lawrence Gise was Bezos’ role model. A fairly large landowner, Bezos would spend his summer vacations laying pipes, vaccinating cattle, and fixing windmills at his maternal grandfather’s ranch.

Jeff Bezos’s first business

When Bezos was studying in high school, he started the first business of his life as Dream Institute. It was an educational summer camp.

After that Jeff Bezos and his family moved to Florida, and Jeff was transferred to Miami Palmetto High School. Here Jeff was very excellent in his studies.

Jeff’s childhood was spent with his maternal grandfather. His maternal grandfather taught him how to operate a computer.

Jeff was very fond of computers and wanted to know how these things work. And this was the reason; That he turned his parents’ garage into a laboratory.

In 1986, Jeff completed his graduation in computer science and electrical engineering from Princeton University.

Jeff Bezos’s first job and journey ahead- 

Jeff got his first job at a startup company Fitel, where he was tasked with building a network for international business.

After this Jeff Bezos moved towards the Bankers Trust. Where he was entrusted with the responsibility of developing software applications for the clients related to the Pension Fund. Here he worked from 1988 to 1990.

After this Jeff Bezos joined the newly founded hedge fund, the company DE Shaw & Co and the founder of the company Mr. David Shaw was very impressed with Jeff’s work and at the age of only 30, Jeff Bezos became the 4th vice president of the company.

In 1993, Jeff left DE Shaw & Company and decided to start something of his own. And this is where the world’s largest ecommerce company Amazon started.

Amazon’s debut

Bezos founded Amazon in 1994, after traveling all over the country from New York to Seattle. And during his travels, he used to write down Amazon’s business plan.

He started Amazon from his garage. With his hard work and right decisions, Bezos emerged as a leading dot.com businessman and entrepreneur.

Initially Jeff Bezos thought of some other names of Amazon-

How Amazon started its business-

Initially he considered naming it Relentless and Cadabra, but eventually Jeff named it Amazon after the South American river, initially Jeff started an online book store.

Without press promotion, Amazon.com began selling the books in the United States and 45 other countries within 30 days. Amazon sales reached $20,000 per week in just two months,

In the 90s, many .com companies suffered a lot but Amazon kept on progressing.

Along with the sales, the aspirations of the customers also increased and where Amazon was initially working only as an online book store.

In 2002, Amazon faced a huge loss- 

By the end of 1998, he started dealing in other products as well. Two years later, Jeff Bezos borrowed $ 2 billion from banks. In 2002, Jeff Bezos faced a huge loss in business.

On the strength of Jeff Bezos’s hard work and right decisions, Amazon became profitable in the next year itself in 2003-

But Jeff did not panic about it and on the strength of his hard work and right decisions, the next year in 2003, Bezos got a profit of $ 400 million. After this Jeff Bezos did not look back and kept on moving forward.

Bezos started many successful businesses after that-

On 8 September 2000, Bezos founded a startup company called Blue Origin, a space flight.

Amazon founded Amazon Web Services (AWS) in 2006, which eventually became the world’s largest cloud computing service provider.

Amazon started another company named Amazon Kindley in 2007. Which is a portable e-reader, in which users could read, download and store online books according to their demand.

In 2013, he secured a $600 million contract with the CIA on behalf of Amazon Web Services.

On August 5, 2013, Jeff Bezos bought The Washington Post for $250 million in cash.

In early December 2013, Bezos made a lot of headlines when he revealed a new, experimental initiative by Amazon, called “Amazon Prime Air”, and used drones to provide delivery services to customers.

Bezos also set his eyes on the food delivery market and in 2017 bought the entire food grocery chain for $13.7 billion in cash.

In 2016 Bezos sold more than a million shares of his holding for $671 million.

Bezos sold more than a million shares of his holding in 2016 for $671 million.

Jeff Bezos became the richest person in the world in 2016

Jeff Bezos sold his other shares in the same year for $756 million. 

In July of the following year, Jeff Bezos became the richest man in the world and his net worth crossed $100 billion.

The Bezos company reported its highest ever profit in 2018 with quarterly earnings of $2 billion.

As Bezos went on taking decisions, every decision of his went on taking him to the heights.

Amazon’s new CEO- 

On 5 July 2021, Jeff Bezos retired as the CEO of Amazon Group and was replaced by Andy Jassy, ​​CEO of Amazon Web Services (AWS). 

It is a matter of coincidence that on July 5, 1994, Jeff Bezos retired from the same Amazon CEO position as the Amazon that Jeff Bezos had started from his garage.

Now further in the biography of Jeff Bezos, we tell you how Jeff Bezos has an attitude towards his employees. And how Jeff Bezos likes to work

Jeff Bezos’s attitude towards his employees-

Jeff Bezos loves working in open space.

He has a very friendly behavior with his employees.

Jeff may have become the richest person in the world, but he has no pride in it. Rather, he prefers to live with decency.

Conclusion –

We sincerely hope that you must have come to know a lot about Jeff Bezos by reading the Jeff Bezos biography. Jeff Bezos is a very brilliant talent who has traveled from floor to sky on the strength of his hard work, faith, dedication and right decision at right time. In Jeff Bezos Biography, we have tried to answer every question related to Jeff Bezos that you want to know.

Friends, we have tried to keep you completely updated in Jeff Bezos Biography, if you want to know anything about Jeff Bezos, then you can express your views by doing us. And we will keep updating this article Jeff Bezos Biography even more, so keep reading this article carefully because in this you will get to know many more things related to the life of Jeff Bezos.

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