Billionaire Tim Koch has always loved adventure, from riding horses to exploring the For other people with the surname, see, Wealthiest people in the United States by state, All currency figures expressed in the United States dollar (US$) in, Many calculations of Bezos's wealth during the late 2010s were not, Students for the Exploration and Development of Space, Heinlein Prize for Advances in Space Commercialization, Reporters Committee for Freedom of the Press, undocumented immigrants brought to the United States as minors, 2021 United Nations Climate Change Conference, "Riding the Wild, Perilous Waters of Amazone.com", "Jeff Bezos Is Getting Astronaut Wings. Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. Khashoggi was killed in late 2018, in Turkey's Saudi consulate for his critical stance and journalism against the Saudi government and its leader. [146][147] His physical appearance increased the public's perception of him as a symbolically dominant figure in business and in popular culture, wherein he has been parodied as an enterprising supervillain. [57] In 2003, Amazon rebounded from financial instability and turned a profit of $400million. [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. In 2016, Bezos allowed select journalists to visit, tour, and photograph his facility. [18] Jrgensen was a Danish American and was born in Chicago to a family of Baptists. [28] At the time of the post, Bezos's lifetime spending on charitable causes was estimated to be $100million. Initially operating out of his garage, the companys first annual revenue was $510,000. 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. No. 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%. [51] At the time, website listings were alphabetized, so a name starting with "A" would appear sooner when customers conducted online searches. [297], In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. He also purchased the major American newspaper The Washington Post in 2013 for $250million and manages many other investments through his venture capital firm, Bezos Expeditions. 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. [163], He meets with Amazon investors for a total of only six hours a year. Since its launch in 2016, Overtime said, it has nearly 50 million social media followers. [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. [137], Bezos uses the term "worklife harmony" instead of the more standard "worklife balance" because he believes that balance implies that you can only have one and not the other. [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%. [120] In January 2018, an announcement was made concerning Bezos's role within a new, unnamed healthcare company. 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%. At all. [228] Bezos had also purchased three adjoining apartments at 25 Central Park West in Manhattan for $7.65 million in 1999;[229][230] he bought a fourth unit in that building for $5.3 million in 2012. [119] Bezos is involved in the healthcare sector, which includes investments in Unity Biotechnology, GRAIL, Juno Therapeutics, and Zocdoc. [66] By January 19, 2018, his Amazon stock holdings had appreciated to slightly over $109billion; months later he began to sell stock to raise cash for other enterprises, in particular, Blue Origin. [117][118] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging. He was high school valedictorian, a National Merit Scholar,[35][36] and a Silver Knight Award winner in 1982. In September 2021, Bezos co-founded biotechnology company Altos Labs with Mail.ru founder Yuri Milner.[7]. [186] His net worth decreased to $6.1billion a year later, a 40.5% drop. [45][51] Three years after Bezos founded Amazon, he took it public with an initial public offering (IPO). [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. As of now, players who join are not eligible for collegiate-level play. "[254] Bezos's family corporation Zefram LLC is named after Zefram Cochrane, a character from Star Trek. Overtime's basketball league offers $100K salaries to teen players. Teds grandfather had immigrated from now Denmark to Chicago around 1900. [200], Bezos would continue to sporadically surpass Gates throughout the month of October 2017 after Amazon's share price fluctuated. [105][106] In May 2018, Bezos maintained that the primary goal of Blue Origin is to preserve the natural resources of Earth by making the human species multi-planetary. Data is a real-time snapshot *Data is delayed at least 15 minutes. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. ", "Why Trump went after Bezos: Two billionaires across a cultural divide", "9 Shocking Anecdotes That Reveal Jeff Bezos's Cutthroat Management Style", "How Jeff Bezos Became a Power Beyond Amazon", "Guess How Many Pillsbury Biscuits Jeff Bezos Used to Eat Daily", "How Amazon Got Swole Just Like CEO Jeff Bezos", "Jeff Bezos: The man who turned Amazon into an empire", "Amazon CEO Jeff Bezos stuns everyone with his macho look, Twitter users compare him with The Rock, VinDiesel", "Jeff Bezos's latest sideline has lots of people comparing him to a comic-book supervillain", "Jeff Bezos, Who Is Not A Super-Villain, Is Building A Giant Clock Inside A Mountain, Because He's NOT A Super-Villain", "On SNL, a bald Steve Carell plays Jeff Bezos and won't stop trolling Trump", "Amazon's Jeff Bezos Wins ITUC's World's Worst Boss Poll", "The Best-Performing CEOs in the World, 2019", "For Bezos, Now World's Richest, Philanthropy Is 'Saved for Later', "Amazon launches a scathing response to Times story", "Jeff Bezos responds to 'New York Times' report on Amazon's workplace", "This is the Jeff Bezos playbook for preventing Amazon's demise", "Amazon's Bezos could teach large companies a thing or two about strategy", "What Amazon's Jeff Bezos thinks about Peter Thiel and Hulk Hogan vs. Gawker", "A day in the life of the richest person in history, Jeff Bezos who made $6.44billion in one day and still washes the dishes after dinner", "This is Jeff Bezos' 3-question test for new Amazon employees", "Kevin's Week in Tech: Jeff Bezos Reminds Tech Who's Boss", "5 key business lessons from Amazon's Jeff Bezos", "What Makes Amazon CEO Jeff Bezos Such a Visionary Leader", "Jeff Bezos keeps his Amazon email address public here's why", "Amazon CEO Jeff Bezos explains his famous one-character emails, known to strike fear in manager's hearts", "Forum on Leadership: Conversation with Jeff Bezos", "Jeffrey Preston Bezos: 1999 Person of the year", "America's Best Leaders: Jeff Bezos, Amazon.com.com CEO", "April 22: Amazon.com Founder Jeff Bezos to Speak at Carnegie Mellon Business School and Computer Science Diploma Ceremonies", "Charging ahead: e-book design and popularity win Kindle creators Innovation Award", "Amazon's Jeff Bezos: The ultimate disrupter", "Jeff Bezos on nuclear reactors in space, the lack of bacon on Mars and humanity's destiny in the solar system", "National Academy of Engineering Elects 83 Members and 16 Foreign Members", "Jeff Bezos gets a kick out of winning the first Buzz Aldrin Space Innovation Award", "Jeff Bezos responded to reports of poor working conditions at Amazon here's what he said", "Jeff Bezos: The World's 100 Most Influential People", "Emmanuel Macron criticised for giving Lgion d'honneur to Jeff Bezos", "The Age When 17 Self-Made Billionaires Earned Their First Million", "Jeff Bezos' Net Worth Rises $1.4 Billion on Rumors of 3-D Amazon Smartphone", "Jeff Bezos Just Gained $7 Billion in an Hour to Become World's Fifth Richest", "The Full List of Every American Billionaire 2016", "Amazon CEO Jeff Bezos' Net Worth Hits Record High As Fortune Jumps $2.6 Billion", "Amazon CEO Jeff Bezos Is the Richest Person in the World Again", "Forbes 2017 Billionaires List: Meet The Richest People on the Planet", "Jeff Bezos Made $6.2 Billion in 5 Minutes and Became the World's Richest Person (How Was Your Thursday? [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. Although the crash was viewed as a setback, news outlets noted how far the company went from its founding-to-date in advancing spaceflight. "[82] Sanders's efforts elicited a response from Amazon which pointed to the 130,000 jobs it created in 2017 and called the $28,446 figure for its median salary "misleading" as it included part-time workers. This venture, later named Haven, is expected to be a partnership between Amazon, JPMorgan, and Berkshire Hathaway. 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. [101] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution. We Have 4 Guesses", "Jeff Bezos to fund schools where 'child will be the customer' with new charity", "Jeff Bezos to Create $2 Billion Fund for Homeless, Preschools", "Jeff Bezos Unveils Multibillion-Dollar Plans For Charitable Giving", "Jeff Bezos donates $33million to scholarship fund for 'dreamers', "Backed by Bill Gates and Jeff Bezos, Breakthrough Energy Ventures places first bets on power storage", "Jeff Bezos donates $10million to organization that helps veterans run for office", "Amazon founder Jeff Bezos commits $10bn to fight climate change", "Jeff Bezos: World's richest man pledges $10bn to fight climate change", "Bezos Earth Fund announces first grants totaling $791M of his $10B pledge to help planet", "Bezos Earth Fund gives nearly $800 million to climate groups in first round of grants", "Jeff Bezos names first recipients of his $10 billion Earth Fund for combating climate change", "Twitter boss pledges $1bn for coronavirus relief", "Why Jeff Bezos's $100 million donation to food banks won't satisfy his critics", "Jeff Bezos Pledges $2B for Nature Conservation as World Leaders Address Deforestation, Emissions", Jeff Bezos's tuition-free preschool is expanding to new locations in Texas and Florida. Whether it is his business life or fitness life, Jeff Bezos has always been the alpha of both. 1) Hes capable of paying whatever for a team. It wasn't until 1998, a year after Amazon became a public company, that Bezos became a billionaire. The Washington Post reported back then that Bezos was interested in buying the Seahawks. Investors in OTE include Portland Trail Blazers forward Carmelo Anthony, Brooklyn Nets star Kevin Durant and Silicon Valley venture capital firm Andreessen Horowitz. [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". [84] On October 2, 2018, Bezos announced a company-wide wage increase, which Sanders applauded. [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. WebThere is little chance that Jeff Bezos will slow down after stepping down as Amazon CEO. The letter demanded "Fair wages; fair benefits for retirement, family leave and health care; and a fair amount of job security. [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. [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. [289][290] A year later in June, he tweeted that he would announce two philanthropic foci by the end of summer 2018. "I don't want to drag anybody around," he said . [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. [137][138][139], Bezos was seen by some as needlessly quantitative and data-driven. [238][239], In January 2019, Bezos and his wife Mackenzie Scott released a joint statement which revealed that they would be getting divorced after 25 years together. [143] Additionally, Bezos reportedly pitted Amazon teams against each other, and once declined to give Amazon employees city bus passes in order to discourage them from leaving the office. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. That [99], In 2015, Bezos announced that a new orbital launch vehicle was under development and would make its first flight in the late-2010s. Bezos founded Amazon in late 1994, on a cross-country road trip from New York City to Seattle. The company began as an online bookstore and has since expanded to a wide variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence. [65] A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. [10] In 2020 during the COVID-19 pandemic, his wealth grew by approximately $24billion. [264][265][266][267], In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600million. [38][39] While at Princeton, Bezos was a member of the Quadrangle Club, one of Princeton's 11 eating clubs. Billionaire Amazon founder Jeff Bezos recently said he plans to give away the majority of his fortune. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [306], Bezos Academy is a group of tuition-free preschools for students from low-income families, which was created by Bezos, and which operate in a manner similar to the Montessori method. 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. ", "Bezos Not Concerned About Competition, Possible ULA Sale", "Jeff Bezos lifts curtain on Blue Origin rocket factory, lays out grand plan for space travel that spans hundreds of years", "Jeff Bezos says he wants to fly into space 'as soon as possible', "Later, Vader! The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence.