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Bezos first became a millionaire in 1997 after raising $54 million through Amazon's initial public offering (IPO). [201] 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. [202]
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 company, originally named Cadabra, was founded in the converted garage of Bezos's house for symbolic reasons and was renamed to Amazon in November 1994. [24] The Amazon website launched for public sales on July 16, 1995, and initially sourced its books directly from wholesalers and publishers.
Bezos, who celebrates his birthday on January 12, started his first business when he was in high school. Jeff Bezos turns 58 today. Here are 14 things you might not know about the Amazon founder.
Jeff Bezos is leaving Seattle, where the billionaire founded Amazon out of a garage nearly three decades ago. In a Thursday night Instagram post, the 59-year-old Bezos announced plans to return to ...
The Amazon founder announced on Instagram that he’s relocating from Seattle, where he has lived since 1994, to Miami.
Jacklyn Bezos (née Gise, formerly Jorgensen; born December 29, 1946) is an American billionaire and philanthropist who provided the initial investment to launch Amazon.com. She is a co-founder of the Bezos Family Foundation. She is the mother of Jeff Bezos and Mark Bezos, and the ex-wife of Ted Jorgensen.
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 ...