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The Motley Fool estimated that if Bezos had not sold any of his shares from its original public offering in 1997, his net worth would sit at $181 billion in 2018. [230] According to Quartz , his net worth of $150 billion in July 2018 was enough to purchase the entire stock markets of Nigeria , Hungary , Egypt , Luxembourg , and Iran . [ 231 ]
The company was founded in 2000 by Jeff Bezos, the founder of Amazon. [4] [5] Rob Meyerson joined the company in 2003 and served as the CEO before leaving the company in 2018. [6]
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 ...
In the caption of a video tour of Amazon’s first "office," Bezos reflected on his life in Seattle. "Seattle has been my home since 1994 when I started Amazon out of my garage," he wrote in the ...
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 ...
Today marks the anniversary of when the former online bookstore went public in 1997 with an original IPO price of $18 per share, catapulting Bezos into millionaire status almost immediately.
The Post is owned by Jeff Bezos, Amazon founder and executive chairman. Zoom However, in 2023, the video-calling company asked employees to return to the office.
Bezos Expeditions is an American investment firm based in Mercer Island, Washington. [2] It serves as a family office for Amazon.com founder Jeff Bezos by managing his personal investments. The firm invests both in early and late stage ventures of companies in different sectors.