[203] His wealth's rapid growth from 2016 to 2017 sparked a variety of assessments about how much money Bezos earned on a controlled, reduced time scale. [301][302][303] In April 2020, early in the COVID-19 pandemic, Bezos donated $100 million to food banks through Feeding America. The company also and sells apparel with its logos and branding. We want to hear from you. That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. Here's everything that's happened since their relationship began, including a tabloid scandal and possibly even a hack by foreign operatives", "Jeff Bezos Walks Through a One-Way Door, Opening a New Age for Amazon", "Jeff Bezos Accuses National Enquirer of 'Extortion and Blackmail', "Jeff Bezos' nudes were reportedly leaked when his girlfriend Lauren Sanchez sent them to her brother, in a new twist to the dramatic saga here's everything we know so far", "Quoted: She Said, He Said MacKenzie Bezos Vs. His one line consisted of a response to an alien in distress: "Speak Normally." [107] He announced that New Shepard would begin transporting humans into sub-orbital space by November 2018. Jeff Bezos quit his job at an investment bank in 1994 and moved to Seattle, Washington, to open a virtual bookstore. [102], In December 2017, New Shepard successfully flew and landed dummy passengers, amending and pushing its human space travel start date into late 2018. [103] To execute this program, Blue Origin built six of the vehicles to support all phases of testing and operations: no-passenger test flights, flights with test passengers, and commercial-passenger weekly operations. [92] Rob Meyerson led Blue Origin from 2003 to 2017 and served as its first president. [11] On July 5, 2021, Bezos stepped down as the CEO and President of Amazon and transferred to the role of executive chairman; Andy Jassy, the chief of Amazon's cloud computing division,[12][13] succeeded Bezos as the CEO and President of Amazon. [132] During the 1990s, Bezos earned a reputation for relentlessly pushing Amazon forward, often at the expense of public charity and social welfare. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. He once spent three [264][265][266][267], In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600million. On July 20, 2021, he launched on the NS-16 mission with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen. Subsequently, National Enquirer revealed that Bezos had an affair with media personality Lauren Snchez; the affair with Sanchez had lasted for months. WebFor the years he did pay federal income taxes between 2006 and 2018, Bezos paid a total of about $1.4 billion on a reported income of $6.5 billion, or a rate of about 21.5%. The NFL has played games in London, Mexico City and Germany but there is one place they haven't touched. He then joined D. E. Shaw & Co, a newly created hedge fund with a strong emphasis on mathematical modelling in 1990 until 1994. In March 2022, the NFL made a revolutionary move to deliver the Thursday Night Football media rights to Jeff Bezos streaming platform. Getty. [126] They were positively identified as belonging to the Apollo 11 mission's S-1C stage from July 1969. [76] During July 2018, a number of members of the U.S. Congress called on Bezos to detail the applications of Amazon's face recognition software, Rekognition. "I don't want to drag anybody around," he said . This venture, later named Haven, is expected to be a partnership between Amazon, JPMorgan, and Berkshire Hathaway. It is the world's largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch. Amazon founder Jeff Bezos attended the Sports Illustrated Super Bowl party. [51] In late 2002, rapid spending from Amazon caused it financial distress when revenues stagnated. [268] A 2018, $10billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project, this time with the Pentagon, was allegedly written up in a way that favors Amazon. [237] In 2013, more than 400 Washington Post employees wrote an open letter to Bezos criticizing his poor wages and benefits for his employees. [213] 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 $181billion in 2018. [143][144], During the early 2010s, Bezos solidified his reputation for aggressive business practices, and his public image began to shift. In February 2023, Bezos was presented with the, denotes retired vehicles, engines, products, This page was last edited on 2 March 2023, at 19:21. [62] In October of that year, Amazon was recognized as the largest online shopping retailer in the world. This fundraise reflects the incredible growth opportunities associated with such a market leading position, including the opportunity to bring Overtime Elite into the world," said Michael Spirito, a partner at investment firm Sapphire Sport, who led the funding round. [45][51] Three years after Bezos founded Amazon, he took it public with an initial public offering (IPO). However, Bezos was not included in that stage of the bidding. [93], After its founding, Blue Origin maintained a low profile until 2006 when it purchased a large tract of land in West Texas for a launch and test facility. The Washington Post reported that Jones may be leaning on Dan Snyder to sell [198] However, just months later in October 2016, his wealth increased by $16.2billion to $66.5billion, unofficially ranking him the third-richest person in the world, behind Warren Buffett. [100] Later in November, Blue Origin's New Shepard space vehicle successfully rocketed into space and reached its planned test altitude of 329,839 feet (100.5 kilometers) before executing a vertical landing back at the launch site in West Texas. [112] In March 2014, Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S. local newspapers in Texas, Hawaii, and Minnesota. On this Wikipedia the language links are at the top of the page across from the article title. [271][272] On July 6, 2021, the Pentagon cancelled the JEDI contract with Microsoft, citing that "due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs. [51] In 2000, Bezos borrowed $2 billion from banks, as its cash balances dipped to only $350million. [57] In 2003, Amazon rebounded from financial instability and turned a profit of $400million. [26] Lawrence retired early to his family's ranch near Cotulla, Texas, where Jeff would spend many summers in his youth. [85] The American workers who were being paid the minimum wage had this increased to $15 per hour, a decision that was interpreted as support for the Fight for $15 movement. Global investment firm Blackstone, Morgan Stanley and many NBA stars, including Devin Booker, Trae Young and Klay Thompson, joined the investment round. Amazon went public in [51] He favored diverting Amazon profits back into the company in lieu of allocating it amongst shareholders in the form of dividends. Get this delivered to your inbox, and more info about our products and services. Watch Blue Origin Fly 'Mannequin Skywalker' to Space and Back", "Blue Origin plans growth spurt this year", "Jeff Bezos Says He Is Selling $1 Billion a Year in Amazon Stock to Finance Race to Space", "Jeff Bezos: Blue Origin Wants to Colonize the Solar System", "Jeff Bezos: 'We will have to leave this planet and it's going to make this planet better', "Exclusive: Jeff Bezos plans to charge at least $200,000 for space", "Washington Post to be sold to Jeff Bezos", "Jeff Bezos is buying The Washington Post. [253] He had lobbied Paramount for the role apropos of Alexa and his personal/professional interest in speech recognition. The letter demanded "Fair wages; fair benefits for retirement, family leave and health care; and a fair amount of job security. [28] Multiple opinion columnists responded by asking Bezos to pay higher wages to Amazon warehouse workers. Jeff Bezos ' girlfriend Lauren Snchez basically lived in a fishbowl in 2019 when it was first revealed that were dating while they each were still married to other people. All Rights Reserved. Bezos became D. E. Shaw's fourth senior vice-president by age 30. [121][122], Bezos also supports philanthropic efforts through direct donations and non-profit projects funded by Bezos Expeditions. Changing His Eating Habits Turned Out To Be The Biggest Change. Even Jeff Bezos' brother Mark was completely taken off guard by the internet memes showing the man behind Amazon looking completely jacked. The real question, as a league source has framed it for PFT, is whether Bezos has deliberately chosen not to get in, or whether he has been frozen out. So, lets say he pays $4.5 [157][158], Bezos used what he called a "regret-minimization framework" while he worked at D.E. Shaw and again during the early years of Amazon. [52] He accepted an estimated $300,000 from his parents as investment in Amazon. [83] However, Sanders countered that the companies targeted by his proposal have placed an increased focus on part-time workers to escape benefit obligations. Bezos Expeditions, the personal investment firm of the Amazon CEO, is one of the companies tied to this funding round. ", "Jeff Bezos Buys David Geffen's Los Angeles Mansion for a Record $165 Million", "Amazon founder Jeff Bezos buys 'most expensive home' in Los Angeles", "Jeff Bezos Drops $16 Million on Another Manhattan Pad to Create a 'Vertical' Dream Home", "Rotterdam Is Dismantling a Historic Bridge for Jeff Bezos's Superyacht", "Expecting the Unexpected From Jeff Bezos", "Washington Post' May Find Conflicts in Amazon Coverage", "More than 400 Washington Post staffers wrote an open letter to Jeff Bezos calling out his 'shocking' pay practices", "More Than 400 Washington Post Staffers Wrote an Open Letter to Jeff Bezos Calling Out His 'Shocking' Pay Practices", "What Jeff Bezos' intimate-message breach teaches us about digital security", "Jeff Bezos' girlfriend Lauren Sanchez greeted him when he returned from his spaceflight. He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. [215] Following the report by Quartz, Amazon workers in Poland, (Germany), and Spain participated in demonstrations and labor strikes to draw attention to his growing wealth and the lack of compensation, labor rights, and satisfactory working conditions of select Amazon workers. [202] When the 2017 list was issued, Bezos's net worth was registered at $72.8billion, adding $27.6billion from the previous year. After a pair of weekend reportsindicating that Snyder wont sell the team to Bezos, A.J. [296] In September 2018, Bezos donated $10million to With Honor, a nonpartisan organization that works to increase the number of veterans in political office. The previous record high price of $150 million was paid by Lachlan Murdoch for the Chartwell Mansion. [99], In 2015, Bezos announced that a new orbital launch vehicle was under development and would make its first flight in the late-2010s. Overtime's basketball league offers $100K salaries to teen players. The Washington Post reported back then that Bezos was interested in buying the Seahawks. [45][43], In late 1993, Bezos read that the Internet was growing at a rate of 2300% a year and decided to establish an online bookstore. During the COVID-19 pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon. Yes. [297], In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. [116] He was one of the first shareholders in Google, when he invested $250,000 in 1998. "The breadth and diversity of this investment group, including leaders from business, entertainment, technology and sports, speaks to Overtime's remarkable growth and our future trajectory," co-founder and CEO Dan Porter said in a statement. "[153], During the late 2010s, Bezos reversed his reputation for being reluctant to spend money on non-business-related expenses. [192][194], After a rumor broke out that Amazon was developing a smartphone, Bezos's net worth rose to $30.5billion in 2014. The current market value of 40 shares is $40. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement", "World's richest man Jeff Bezos divorces", "Jeff Bezos, World's Richest Person, Announces Divorce After 25 Years Of Marriage", "MacKenzie Bezos, author, philanthropist, and soon to be world's richest woman? On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. [60] According to a 2008 Time profile, Bezos wished to create a device that allowed a "flow state" in reading similar to the experience of video games. [48][53][54] He warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's Billionaires Index and Forbes. In his initial discussion of the project which became Alexa with his technical advisor Greg Hart in 2011, Bezos told him that the goal was to create "the Star Trek computer. In addition, it is also reported that current Commanders Owner Daniel Snyder blocked Bezos from entering the private auction for the team even though Bezos said he wanted to participate. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. Jeff Bezos is currently the world's second-richest man, so purchasing an NFL (National Football League) franchise wouldn't be too tall a task for the billionaire. Jeffrey Preston Bezos (/bezos/ BAY-zohss;[2] n Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. "Overtime has built an unrivaled brand and global community from scratch in just five years. He believes that work and home life are interconnected, informing and calibrating each other. [123] Bezos used Bezos Expeditions to fund several philanthropic projects, including an Innovation center at the Seattle Museum of History and Industry and the Bezos Center for Neural Circuit Dynamics at Princeton Neuroscience Institute. "I don't want to drag anybody around," he said . Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. This is the lowdown on Amazons The Expanse. $3,487 is divided by 47, a fraction. [127][128] The engines are currently on display at the Seattle Museum of Flight. [115], Bezos makes personal investments through his venture capital vehicle, Bezos Expeditions. [205] He unseated Bill Gates ($90billion), who was $6billion ahead of Warren Buffett ($84billion), ranked third. Jeffs mother and father were was only 17 and 19 when he was born. Sign up for free newsletters and get more CNBC delivered to your inbox. Then Bezos called his bluff", "Why Amazon's collaboration with the CIA is so ominous and vulnerable", "DoD's $10B cloud contract comes under protest 11 days after final RFP", "Microsoft wins Pentagon's $10bn cloud computing contract", "Amazon suing Pentagon over $10B cloud contract, alleging 'bias', "Pentagon cancels $10 billion JEDI cloud contract that Amazon and Microsoft were fighting over", "Amazon Pushes ICE to Buy Its Face Recognition Surveillance Tech", "Amazon's growing spending on Seattle politics includes a spate of donations from Jeff Bezos' 'S Team', "Jeff Bezos donates $100M to the Obama Foundation in honor of Congressman John Lewis", "Jeff Bezos donates to Obama Foundation in honor of John Lewis", "Saudi crown prince meets Amazon CEO Jeff Bezos in Seattle", "Saudi Arabia 'hacked Amazon boss's phone', says investigator", "Jeff Bezos hack: Amazon boss's phone 'hacked by Saudi crown prince', "Jeff Bezos hack: Saudi Arabia calls claim 'absurd', "Fred Hutch receives $35million donation, largest ever, from Bezos family", "Amazon CEO Jeff Bezos and family donate $20M to Fred Hutchinson Cancer Research Center", "Jeff Bezos is the richest man in modern history here's how he spends on philanthropy", "Unanswered questions about Jeff Bezos' new $2billion philanthropic fund", "Jeff Bezos just gave $1million to the Reporters Committee for Freedom of the Press", "Jeff Bezos wants to give more money to charity. Data is a real-time snapshot *Data is delayed at least 15 minutes. No, Jeff Bezos does not own a sports team. [162] Instead of using presentation slides, Bezos requires high-level employees to present information with six-page narratives. During that time, Amazon was just coming into its own by selling CDs online. [92][248] Bezos and MacKenzie have not disclosed their religious status. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. [44] Bezos was promoted to head of development and director of customer service thereafter. [35] In his graduation speech, Bezos told the audience he dreamed of the day when mankind would colonize space. [19] After completing high school despite challenging conditions, Jacklyn attended night school while bringing Jeff along as a baby. WNBA star Chiney Ogwumike is also an investor. Mind-boggling", "If You Invested in Amazon at Its IPO, You Could Have Been a Millionaire", "The electricity metaphor for the web's future", "How Jeff Bezos was selected for, but never joined, the Defense Innovation Board", "Bezos Jeffrey P.: Insider Trading Transactions", "Amazon posts quarterly profit of $1.9billion, its highest ever", "Bezos is putting $1billion a year into rocket-maker Blue Origin by selling Amazon stock", "Billionaire Jeff Bezos Will Star in Amazon's Super Bowl Ad", "Amazon posts largest profit in its history on sales, tax boost", "After losing China, Jeff Bezos really wants to win in India", "Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion", "Five Things You Need to Know to Start Your Day", "Forget Zuckerberg: Why Trump Is "Obsessed" with Breaking Bezos", "The World's Richest Man Just Lost $10.7 Billion as Trump Tweets About Amazon", "Why a Trump-Led Antitrust Case Against Amazon Is a Long Shot", "Congress demands Jeff Bezos explain Amazon's face recognition software", "Bernie Sanders introduces 'Stop BEZOS Act', "Bernie Sanders introduces 'Stop BEZOS' bill to tax Amazon for underpaying workers", "Bernie Sanders's BEZOS bill takes aim at how Amazon pays workers", "Bernie Sanders targets Amazon, Walmart with 100% tax", "What the Bernie Sanders Amazon welfare fight is really about", "Amazon to raise minimum wage to $15 for all U.S. workers", "Why Amazon really raised its minimum wage to $15", "Amazon.com Announces Financial Results and CEO Transition", "NBC News reports Jeff Bezos' intention to stand down as CEO of Amazon in the third quarter of 2021", "Former Blue Origin president Rob Meyerson leaves Jeff Bezos' space venture", "Buzz in West Texas is about Jeff Bezos space craft launch site", "Jeff Bezos Owns the Web in More Ways Than You Think", "Taking the long view: Jeff Bezos, the founder and chief executive of Amazon, owes much of his success to his ability to look beyond the short-term view of things", "Unplugged: Richard Branson's otherworldly space quest", "Three Billionaires Are Racing to Space. Initially operating out of his garage, the companys first annual revenue was $510,000. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [75] Weeks later, Bezos recouped his losses when academic reports out of Stanford University indicated that Trump could do little to regulate Amazon in any meaningful way. [137][138][139], Bezos was seen by some as needlessly quantitative and data-driven. [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. The great American entrepreneur Jeff Bezos is the co-founder and longest-serving CEO of Amazon. [43] He first worked at Fitel, a fintech telecommunications start-up, where he was tasked with building a network for international trade. Although the crash was viewed as a setback, news outlets noted how far the company went from its founding-to-date in advancing spaceflight. If he said today, nobody who is employed at Amazon will receive less than a living wage, it would send a message to every corporation in America. Will I regret missing the beginning of the Internet? [192][193] His wealth rose by 85.2% in 2010, leaving him with $12.6billion. [9] In August 2020, according to Forbes, he had a net worth exceeding $200billion. "We believe this is just the tip of the iceberg, as we develop new ways for Overtime to engage with and entertain the next generation of athletes and fans.". [28][29] Jeff displayed scientific interests and technological proficiency and once rigged an electric alarm to keep his younger siblings out of his room. [59][failed verification] In November 2007, Bezos launched the Amazon Kindle. [230], In February 2020, Bezos purchased the Warner Estate from David Geffen for $165 million,[231][232] a record price paid for a residence in the Los Angeles area. [284] In 2013, he pledged $500,000 to Worldreader, a non-profit founded by a former Amazon employee. [113] In January 2016, Bezos set out to reinvent the newspaper as a media and technology company by reconstructing its digital media, mobile platforms, and analytics software. On July 20, 2021, he flew to space alongside his half-brother,[1] Mark. [251][252] All survived; Bezos sustained only minor injuries and was discharged from a local hospital the same day. That [101] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement, and he's getting 75% of the Amazon shares and voting control of the rest", "Jeff Bezos Buys Three Manhattan Apartments for $80 Million The combined space totals 17,000 square feet", "Amazon's Jeff Bezos Stiffs Tommy Mottola In $7.65 Million Deal", "Will Jeff Bezos live in one of his Upper West Side apartments when Amazon comes to town? WebThere is little chance that Jeff Bezos will slow down after stepping down as Amazon CEO. [200], Bezos would continue to sporadically surpass Gates throughout the month of October 2017 after Amazon's share price fluctuated. As Commanders owner Daniel Snyder continues to ponder selling the team, unless he isnt, the reports regarding the involvement of Amazon founder Jeff Bezos are covering all bases. When he studied at Stanford, he joined a variety of sports teams, including in-line skating, skiing, gymnastics, and trapeze. A.J. [240][241] Later, Bezos published an online essay on February 7, 2019, in which he accused American Media, Inc. owner David Pecker of "extortion and blackmail" for threatening to publish intimate photos of Bezos and current girlfriend Lauren Snchez[242] if he did not stop his investigation into how his text messages and other photos had been leaked to the National Enquirer. Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. [17] At the time of Jeff's birth, his mother was a 17-year-old high-school student and his father was 19 years old. Blue Origin's New Shepard vehicle reached space in 2015 and afterwards successfully landed back on Earth; he flew into space on Blue Origin NS-16 in 2021. [98] He has been compared to Branson and Elon Musk as all three are billionaires who prioritize spaceflight among their business interests. His wealth surpassed $100billion for the first time on November 24, 2017, and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112billion. [197] By the time the Forbes list was calculated in March 2016, his net worth was registered at $45.2billion. [22] Shortly after the wedding, Mike adopted four-year-old Jeff whose surname was then legally changed from Jorgensen to Bezos. In this handout image provided by SportsPro, Dan Porter, Overtime speaks during the SportsPro OTT Summit USA 2020 at Turner Studios on February 19, 2020 in Atlanta, Georgia. [84] On October 2, 2018, Bezos announced a company-wide wage increase, which Sanders applauded. [143], Throughout his early years of ownership of The Washington Post, Bezos was accused of having a potential conflict of interest with the paper. Jeff Bezos is a gamer if you count flying rockets into space, co-founder of Amazon-owned Twitch says. He described this life philosophy by stating: "When I'm 80, am I going to regret leaving Wall Street? [86], In February 2021, Bezos announced that in the third quarter of 2021 he would step down from his role as CEO of Amazon to become the Executive Chairman of the Amazon Board. [295][bettersourceneeded] In June 2018, Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy. [233], Bezos is the owner of the Y721, a luxury superyacht estimated to cost more than $500,000,000. [62][263] Trump has repeatedly attacked Bezos via Twitter, accused Bezos of avoiding corporate taxes, gaining undue political influence, and undermining his presidency by spreading "fake news". [49] Prior to settling on Seattle, Bezos had investigated setting up his company at an Indian reservation near San Francisco in order to avoid paying taxes. According to BBC, Bezos's top security staffer, Gavin de Becker,[279] "linked the hack to the Washington Post's coverage of the murder of Saudi writer Jamal Khashoggi at the Saudi consulate in Istanbul". He should pay his workers first", "If Jeff Bezos wants to help low-income people why not just pay them better? [185] He was first included on the Forbes World's Billionaires list in 1999 with a registered net worth of $10.1billion. Bezos not only invested in the real estate startup's seed round in 2021, but he doubled down on that investment during the company's series A last year. [255], On January 9, 2019, Bezos and MacKenzie announced on Twitter their intent to divorce after a "long period" of separation. However, Bezos would keep all of the couple's voting rights. ", "Are you lazy or just incompetent? [124][125] In 2013, Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 engines from the floor of the Atlantic Ocean. On Saturday, TheAthletic.com reported that Bank of America (which is handling the sale) has informed Bezos that hes out. [281][282] Saudi Arabia has denied the claim. [154][28] Bezos has been known to publicly contest claims made in critical articles, as exemplified in 2015 when he sent a memo to employees denouncing a New York Times piece. Well, if youre Amazon founder Jeff Bezos you may just BUY that show and add it to your own streaming platform. Jeff Bezos has been continually linked to buying the Washington Commanders But he could pivot to buying the Seattle Seahawks, says a new report Click here for all [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. [91] The 18-year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion. [247] Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and one daughter adopted from China. Here's how the e-commerce giant got its name", "Jeff Bezos convinced 22 investors to back his new company Amazon in 1994. [259], According to public campaign finance records, Bezos supported the electoral campaigns of Patty Murray and Maria Cantwell, two Democratic U.S. senators from Washington. [201] His net worth surpassed $100billion for the first time on November 24, 2017, after Amazon's share price increased by more than 2.5%. More significantly, Perez reports that Amazon founder Jeff Bezos has yet to make a bid. On October 10, 2017, he made an estimated $6.24billion in 5 minutes, slightly less than the annual gross domestic product of Kyrgyzstan. The company said its content is streamed more than 1.7 billion times a month across all social platforms.
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