Difference between revisions of "Amazon in India"
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==Jeff Bezos== | ==Jeff Bezos== | ||
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| + | ===== Early Life ===== | ||
Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico. His mother, Jacklyn Gise Jorgensen, was a teenager when she had Jeff and his biological father, Ted Jorgensen left after being married for less than a year. When Bezos was 4 years old, his mother remarried Mike Bezos who is a Cuban immigrant. Bezos recalls messing with electrical contraptions around his house as a child. He moved to Miami with his family as a teenager and graduated valedictorian of his high school. | Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico. His mother, Jacklyn Gise Jorgensen, was a teenager when she had Jeff and his biological father, Ted Jorgensen left after being married for less than a year. When Bezos was 4 years old, his mother remarried Mike Bezos who is a Cuban immigrant. Bezos recalls messing with electrical contraptions around his house as a child. He moved to Miami with his family as a teenager and graduated valedictorian of his high school. | ||
Revision as of 03:59, 27 January 2022
History
Jeff Bezos founded Amazon in his garage in Seattle after leaving his job in finance. Bezos set out to build the world's first online bookstore. In the first 30 days of the company, Amazon.com sold books in 46 different countries, and in two months reached $20,000 in sales per week[5]. The company went public in 1997 and raised $54 million, and within two years outgrew competitors despite analysts concerns. At the end of 1999, Amazon had shipped over 20 million items to over 150 countries. In 2000, Amazon changed the game by allowing independent sellers to sell items alongside Amazon's own listings[6]. In 2003, the company turned a profit for the first time. In 2007, Amazon released its Kindle e-reader. In 2011, released the Kindle Fire its tablet. Amazon created a cloud computing and video streaming service in 2006 and a studio that develops movies and TV shows in 2010. Finally, they created a fine art marketplace in 2013. Amazon made two of its biggest acquisitions when it Acquired Zappos and Whole Foods. In 2015, Amazon beat out Walmart as the world's most valuable retailer. When Amazon's market cap reached $250 billion, Jeff Bezos became the richest man in the world.
Jeff Bezos
Early Life
Jeff Bezos was born on January 12, 1964, in Albuquerque, New Mexico. His mother, Jacklyn Gise Jorgensen, was a teenager when she had Jeff and his biological father, Ted Jorgensen left after being married for less than a year. When Bezos was 4 years old, his mother remarried Mike Bezos who is a Cuban immigrant. Bezos recalls messing with electrical contraptions around his house as a child. He moved to Miami with his family as a teenager and graduated valedictorian of his high school.
Bezos graduated summa cum laude from Princeton University where he studied computer science and electrical engineering.
After graduating, Bezos worked on Wall Street at firms including Fitel, Bankers Trust and D.E. Bezos became D.E. Shaw's youngest vice president ever. It was at this job that Bezos met his wife, MacKenzie. Ultimately, Bezos and his wife decided to leave their finance jobs and move to seattle to found Amazon.
In 2018, Jeff Bezos became the richest man in the world. During his tenure, Bezos purchased businesses like Zappos, Whole Foods and The Washington Post.
Bezos also started the Day One Fund which focuses on "funding existing non-profits that help homeless families, and creating a network of new, non-profit tier-one preschools in low-income communities."[7] He later also created the Earth Fund to try and combat the effects of climate change.
In 2021, Bezos stepped down as CEO of Amazon to focus more on his space company, Blue Origin.
Bezos met his wife, MacKenzie Tuttle, when they worked at D.E. Shaw in NYC. Bezos was as a senior VP and MacKenzie was an administrative assistant. They dated for just three months before getting engaged and married in 1993. Bezos and MacKenzie had four children, three sons and an adopted daughter.
MacKenzie is credited as being an important part of the success of Amazon. She helped create Amazon's first business plan and was the company's first accountant.
In 2019 Bezos and MacKenzie got divorced as details emerged of an affair between Bezos and his now partner, Lauren Sanchez. As part of the divorce settlement, Bezos' stake in Amazon was cut from 16 percent to 12 percent, putting his stake at nearly $110 billion and MacKenzie's at more than $37 billion, making her one of the richest women in the US. She also pledged to give away at least half of her wealth, part of the Giving Pledge made by the Gates and Buffet families.
Problems
References
- ↑ https://www.digitalcommerce360.com/article/amazon-sales/
- ↑ https://www.nytimes.com/2021/07/06/business/jeff-bezos-steps-down-as-amazons-ceo-handing-the-reins-to-andy-jassy.html
- ↑ https://www.reuters.com/investigates/special-report/amazon-india-operation/
- ↑ https://www.reuters.com/investigates/special-report/amazon-india-operation/
- ↑ https://www.biography.com/business-figure/jeff-bezos
- ↑ https://www.history.com/this-day-in-history/amazon-opens-for-business
- ↑ https://www.biography.com/business-figure/jeff-bezos
