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Bezos finally decided that his new business would sell books online, because of the large worldwide demand for literature, the low unit price for books, and the huge number of titles available in print. [12] Amazon was founded in the garage of Bezos' rented home in Bellevue. [9] [13] [14] Bezos' parents invested almost $246,000 in the start-up ...
In 1994, Jeff Bezos founded Amazon in his garage in Seattle. On Jan. 12, he celebrated his 57th birthday as one of the richest people in the world with a personal fortune estimated at more than ...
Jeffrey Preston Bezos (/ ˈ b eɪ z oʊ s / BAY-zohss; [2] né Jorgensen; born January 12, 1964) is an American businessman best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company.
Amazon was founded on July 5, 1994, by Jeff Bezos after he relocated from New York City to Bellevue, Washington, near Seattle, to operate an online bookstore. Bezos chose the Seattle area for its abundance of technical talent from Microsoft and the University of Washington , as well as its smaller population for sales tax purposes and the ...
Back in the 90s, Jeff Bezos went on record as hoping his employees would wake up on the wrong side of the bed—for the greater good, or for the customer at the very least. ... Amazon did not ...
Jeff Bezos learned a few things about leadership and human nature while transforming Amazon from a startup he founded nearly 30 years ago into the tech juggernaut it is today, with a market cap of ...
[121] and the vast majority of further funding into 2016 was to support technology development and operations where a majority of funding came from Jeff Bezos' private investment fund. In April 2017, an annual amount was published showing that Jeff Bezos was selling approximately $1 billion in Amazon stock per year to invest in the company. [122]
A resurfaced video making the rounds on X shows a pre-famous Jeff Bezos explaining in 1997 why he founded Amazon—namely, a “startling statistic” he came across that web usage was growing at ...