Jeff Bezos Net Worth 2021: Business, Assets, Income, Salary
Jeff Bezos Net Worth is $212.40 Billion (21,240 crores USD in 2021) (Approx. Rs 15.83 lakh crore). Jeffrey Preston Bezos, commonly referred to as Jeff Bezos is an American entrepreneur, industrialist, investor, and a media proprietor. He was born on January 12, 1964, in Albuquerque, New Mexico , son of Jacklyn and Theodore Jørgensen. In 1993 Bezos married Mackenzie Tuttle, whom he had met at D.E. Shaw. While Bezos was in highschool , he worked at McDonalds as a short-order line cook. Bezos has done his graduation from Princeton University .
Jeff Bezos Net Worth
As on July 2021, internet worth of Jeff Bezos is estimated to be around $ 212.40 billion which in Indian Currency is approximately adequate to Rs 15.83 lakh crore, making him not only among the richest people but wealthier than anyone else. within the year 1997, Bezos became a millionaire after raising $54 million through Amazon’s Initial Public Offer. His name was first included On the Forbes World’s Billionaires list within the year 1999.
About
Jeff Bezos is an engineer and also holds a degree in computing . Bezos after his graduation worked at several firms on Wall Street. He first worked at Fitel, a tele-communication start-up. He later moved to banking system where he became the merchandise manager at Bankers Trust. He then joined D.E.Shaw & Co.a hedge fund with a robust emphasis on mathematical modeling. In 1994, he left his job and targeted the web market by opening a web bookstore.
Bezos initially named his company Cadabra but later changed to Amazon. he’s the founder and CEO of the multi-national technology company ‘Amazon’, owner of The Washington Post and founding father of space Exploration company Blue Origin. He opened Amazon.com, which is known as after the South American River. the corporate ‘Amazon’ initially began as a web bookstore and lately expanded to a spread of the e-commerce products and services which also includes AI , cloud computing. Amazon.com went public in 1997 and within two years became an E-commerce leader. the corporate provides its services through its Amazon Web Services.
Amazon.com opens 24 hours and is an user friendly site. In 1998 he diversified into online sale of music and further added videos. it had been the success of Amazon that encouraged other retailers and book chains to determine online store. As competition grew, Bezos felt the necessity to expand and offered vast range of products, including apparel, electronics and hardware. Presently Amazon is that the world’s largest online sales company.
Bezos net worth decreased to $ 6.1 billion after a year. His wealth further dropped within the coming years. From 2005 to 2007, his net worth increased to $ 8.7billion.In the year 2010 his net worth was $ 12.6 billion. Further within the year 2014, his net worth rose to $30.5 billion. He became the 5th richest person within the world. His net worth rose to $45.2 billion in March 2016 and within few months he gained $16.2 bilion, which led to a complete worth of $66.5 billion in October 2016. In July 2017 thanks to rise in Amazon share price, he backed off Microsoft founder Gates .
Bezos was officially designated because the wealthiest person within the world with registered net worth of $ 112 billion on 6th March, 2018. Bezos is taken into account the primary registered centi-billionaire. On 17th July, 2018, Bloomberg Billionaires Index designated him because the Wealthiest person in modern history. But in 2019 Bezos’s net worth reduced after his divorce from his wife MacKenzie Bezos.
Recognition
Bezos received his first major award in 1999 when Time named him as Person of the Year.
He was awarded an Innovation Award for the Amazon Kindle within the year 2011.
In March 2018,at the Explorers Club he was awarded with Buzz Aldrin Space Exploration Award in recognition of his work with Blue Origin.
Jeff Bezos Assets
Bezos purchased three apartments overlooking Madison Square Park, Manhattan, which also includes a penthouse for $80 million in June 2019, making one among the expensive land purchases. Further in February 2020, he purchased the Warner Estate for $165 million in l. a. . During the pandemic, COVID-19 Bezos’s fortune had grown by $24billion. From land to the space sector, Bezos knew the way to invest his money. He also has substantial holdings in shares of prominent companies.
The company share price reflects this phenomenal growth. Jeff Bezos has owned about 15.1% of the Two-decade old company, thereby making it the most important source of wealth. Thus Bezos ranks second richest person on Earth today.
