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Bezos first became a millionaire in 1997 after raising $54 million through Amazon's initial public offering (IPO). [198] He was first included on the Forbes World's Billionaires list in 1999 with an estimated net worth of $10.1 billion, which placed his on the 19th position in the world and 10th in the USA. [199]
On November 8, 2023, a plan was adopted for Jeff Bezos to sell approximately 50 million shares of the company over the next year (the deadline for the entire sales plan is January 31, 2025). The first step was the sale of 12 million shares for about $2 billion. [44] On February 26, 2024, Amazon became a component of the Dow Jones Industrial ...
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 ...
The post included a video of Bezos in Amazon's first office in Seattle, where he founded the e-commerce company out of his garage in 1994 and grew it into one of the biggest retailers in the world.
Meanwhile, Blue Origin was founded in 2000 by Jeff Bezos and has focused on creating rockets for space tourism and the shipping of heavy payloads into outer space. Blue Origin’s first manned ...
Jeff Bezos, who founded Amazon out of his Seattle garage in 1994, is leaving the city and moving to Miami to be near his parents and his space company Blue Origin.. Bezos announced the decision in ...
[123] 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. [124]
FILE - Amazon founder Jeff Bezos is seen on the sidelines before the start of an NFL football game, Sept. 15, 2022, in Kansas City, Mo. After nearly three decades, Bezos is leaving Seattle.