Jeff Bezos’ Net Worth: 5 Fast Facts You Need to Know

Jeff Bezos is the richest particular person on the earth, in line with Forbes which has his internet value listed as $203.7 billion. He is ready to be aboard Blue Origin’s first human-occupied flight to house on July 20.

Ahead of the launch, Bezos spoke with “CBS This Morning” host, Gayle King. He instructed her, “I’m excited. People hold asking if I’m nervous. I’m not likely nervous. I’m excited. I’m curious. I need to know what we will be taught.”

The 57-year-old is not going to be the primary billionaire in house. Richard Branson beat him by 9 days, launching on a sub-orbital flight along with his firm Virgin Galactic.

Here’s what you should know:


1. Bezos Founded Amazon

Bezos amassed his fortune because the founding father of Amazon. Founded in Seattle, Washington in 1994, the corporate was initially conceived of as a web based e book retailer. According to History.com, Amazon went dwell on July 16, 1995.

Shortly after Amazon went public in 1997, Bezos earned his billionaire standing and the corporate expanded past literature. Today, the corporate sells items various from furnishings, to clothes and even groceries.

The e-commerce big has since expanded its attain into expertise and streaming. The Wall Street Journal reported its “cloud computing enterprise Amazon Web Services” accounts for a big portion of its income. The publication added that Amazon additionally launched its sensible speaker, Echo, in 2014.

According to the Wall Street Journal, Amazon introduced it had greater than 100 million Prime subscribers within the United States as of 2020. The subscription was began in 2005, providing free, two-day delivery. It has since grown to incorporate entry to streaming motion pictures and music, amongst different advantages.

Bezos stepped down because the CEO on July 5, handing over the reins to former Amazon Web Series CEO Andy Jassy. Moving ahead, the Wall Street Journal reported, he’ll function an government chairman with the intention to focus “on innovation.”


2. Bezos Owns The Washington Post, Whole Foods and Blue Origin

Bezos has continued to diversify his attain, together with with the corporate behind immediately’s launch. The Wall Street Journal reported Bezos based Blue Origin in 2000. According to the outlet, he sees it as “his true legacy” and funds it “by promoting $1 billion in Amazon inventory annually.”

In 2013, The Washington Post introduced it had been offered to Bezos for $250 million, ending the 80-year tenure of the Graham household. The paper and different property have been transferred to his personal funding firm, Nash Holdings, reported the outlet.

The Wall Street Journal additionally reported Amazon bought Whole Foods Markets in 2017, giving the retailer “roughly 470 brick-and-mortar areas and a possibility to experiment within the grocery enterprise.” The acquisition value the corporate $13.7 billion as reported by Forbes.


3. Bezos Made History With $211 Billion Net Worth

Bezos is the richest man on the earth, a title he earned when his wealth first surpassed that of Bill Gates in 2017, as reported by Forbes. The Microsoft founder at the moment ranks fourth on the earth, behind Bezos by $75 billion.

According to Fortune, tech heavy-weight Elon Musk surpassed Bezos because the richest man on the earth earlier this 12 months. However, the publication reported Bezos has retained the title since March 2021.

At one level, Bezos was value a record-breaking $211 billion, reported Bloomberg Wealth. This beat a earlier file of $210 billion set by the SpaceX founder, the outlet famous.


4. Bezos Finalized His Divorce From Ex-Wife MacKenzie in 2019

When Amazon was based, Bezos’ ex-wife MacKenzie Scott served as an accountant, reported the Wall Street Journal. However, the previous couple introduced their intention to divorce in January 2019 amid rumors of an affair.

They released a joint statement, reading in part, “We’ve had such an amazing life collectively as a married couple, and we additionally see great futures forward, as mother and father, mates, companions in ventures and tasks, and as people pursuing ventures and adventures.”

When Bezos and Scott finalized their divorce later that 12 months, she acquired $38.3 billion of Amazon inventory. In a Twitter statement, she introduced all of her pursuits in The Washington Post and Blue Origin would go to her husband, in addition to 75% of their shared Amazon inventory. Bezos was additionally granted voting energy over her shares.

Reuters reported the 51-year-old has pledged to present away half of her fortune to charity in participation of the “Giving Pledge” based by Warren Buffett and Gates.


5. Bezos Launched the Bezos Earth Fund

In February 2020, Bezos introduced on Instagram that he was pledging $10 billion to struggle local weather change by the Bezos Earth Fund.

“Climate change is the most important risk to our planet,” he captioned {a photograph} of the Earth. “I need to work alongside others each to amplify identified methods and to discover new methods of preventing the devastating affect of local weather change on this planet all of us share. This world initiative will fund scientists, activists, NGOs — any effort that gives an actual risk to assist protect and defend the pure world. We can save Earth. It’s going to take collective motion from massive corporations, small corporations, nation states, world organizations, and people. ⁣⁣”

On Instagram, he introduced the primary 16 recipients of grants, which embody The Climate and Clean Energy Equity Fund, ClimateWorks Foundation, Environmental Defense Fund, World Resources Institute and World Wildlife Fund.


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