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Bezos first became a millionaire in 1997 after raising $54 million through Amazon's initial public offering (IPO). [199] 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. [200]
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 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 ...
Amazon's first lawyer convinced founder Jeff Bezos that the name sounded too similar to "Cadaver," especially over the phone. 15 fascinating facts you probably didn't know about Amazon Skip to ...
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.
Had Bezos still lived in Washington when he sold his stock, he would have had a $954 million state capital gains tax bill, Forbes calculated (he may still owe around $3.2 billion to the federal ...
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 gave himself a salary of just over $80,000 at Amazon, he revealed to The New York Times.But he was able to make much more off of his stock holdings. Currently worth $246 billion, Jeff ...