[212] During March 9, Bezos earned $230,000 every 60 seconds. Although he does not respond to the emails, he forwards some of them with a question mark in the subject line to executives who attempt to address the issues. 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. This percentage increase ascended him to the 43rd spot on the ranking from 68th. Billionaire Amazon founder Jeff Bezos recently said he plans to give away the majority of his fortune. [110] To execute the sale, he established limited liability company Nash Holdings to serve as a holding company through which he would own the newspaper. [116] He was one of the first shareholders in Google, when he invested $250,000 in 1998. [297], In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund. "I don't want to drag anybody around," he said . [61] In 2013, Bezos secured a $600-million contract with the Central Intelligence Agency (CIA) on behalf of Amazon Web Services. When he studied at Stanford, he joined a variety of sports teams, including in-line skating, skiing, gymnastics, and trapeze. [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%. [161] Bezos does not schedule early morning meetings and enforces a two-pizza rulea preference that meetings are small enough for two pizzas to feed everyone in the boardroom. WNBA star Chiney Ogwumike is also an investor. [216] On July 17, 2018, he was designated the "wealthiest person in modern history"[c] by the Bloomberg Billionaires Index,[219] Fortune,[220] MarketWatch,[221] The Wall Street Journal,[222] and Forbes. ", "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? [71], In March 2018, Bezos dispatched Amit Agarwal, Amazon's global senior vice president, to India with $5.5billion to localize operations throughout the company's supply chain routes. No, Jeff Bezos does not own a sports team. [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. A Division of NBCUniversal. [65] A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. [79] This followed revelations by the non-profit group New Food Economy which found that one third of Amazon workers in Arizona, and one tenth of Amazon workers in Pennsylvania and Ohio, relied on food stamps. Yes. However, Bezos would keep all of the couple's voting rights. [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. Bezos rose to be the 5th richest person in the world hours before market close; he gained $7billion in one hour. Sign up for free newsletters and get more CNBC delivered to your inbox. [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. Bezos retained his interest in The Washington Post and Blue Origin, as well as voting control of the shares received by his ex-wife. Author of Book on Amazon", "What Is Jeff Bezos's Religion? [132] During the 1990s, Bezos earned a reputation for relentlessly pushing Amazon forward, often at the expense of public charity and social welfare. Once built, it will be the largest yacht in the world. The NFL has played games in London, Mexico City and Germany but there is one place they haven't touched. For other people with the surname, see, Wealthiest people in the United States by state, All currency figures expressed in the United States dollar (US$) 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. [11] He further expanded his residential holdings in February 2022, purchasing a $16.13-million-dollar apartment at a 24-story boutique condominium, located across from Madison Square Park in the Flatiron neighbourhood, where he already owns all the units on the top floors. WebBezos made a cameo appearance playing an alien in the film Star Trek Beyond. [90] Bezos has long expressed an interest in space travel and the development of human life in the Solar System. He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. )", "America produced the largest number of billionaires in the world", "Jeff Bezos moves to top spot on Forbes' annual billionaires list", "Here's Why Jeff Bezos Is Not Truly The Richest Person in History", "Jeff Bezos Had a Record-Breaking One-Year Net Worth Jump", "Forbes Billionaires 2018: Meet The Richest People on the Planet", "Jeff Bezos world's first centibillionaire: Amazon boss' journey to beat Bill Gates to the top of Forbeslist", "Jeff Bezos Is Worth $112 Billion, Overtaking Bill Gates as the Richest Man in the World", "Bezos' Billions: The Wealth of a 'Centi-Billionaire', "Jeff Bezos Is Making an Insane $230,000 a Minute Right Now", "Here's How Much Amazon CEO Jeff Bezos Would Be Worth if He Never Sold a Single Share", "Jeff Bezos is rich enough to buy many of the world's stock markets outright", "Is Jeff Bezos's Massive Wealth Becoming a Problem? Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [256][257][258] On April 4, 2019, the divorce was finalized, with Bezos keeping 75% of the couple's Amazon stock and MacKenzie getting the remaining 25% ($35.6billion) in Amazon stock. [46] He and his then-wife, MacKenzie Scott, left their jobs at D. E. Shaw and founded Amazon in a rented garage in Bellevue, Washington on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. [206] He is considered the first registered centi-billionaire (not adjusted for inflation). [278] In March 2019, Bezos's security consultant accused the Saudi government of hacking Bezos's phone. The Washington Post reported back then that Bezos was interested in buying the Seahawks. [47][48] With Bezos at the helm and Scott taking an integral role in its operationwriting checks, keeping track of the books, and negotiating the company's first freight contractsthe foundation was laid for this garage-run operation to grow exponentially. He believes that work and home life are interconnected, informing and calibrating each other. Jeff Bezos will officially step down as Amazon CEO on Sunday. [35] In his graduation speech, Bezos told the audience he dreamed of the day when mankind would colonize space. [57] In 2003, Amazon rebounded from financial instability and turned a profit of $400million. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [307], In November 2022, Bezos granted a $100-million Courage and Civility Award to singer Dolly Parton in recognition of her charity work focused on improving children's literacy around the world. Earlier this month, Jeff Bezos stepped down as the CEO of Amazon, the company he launched in 1994 as an online bookseller. ", and "Why are you ruining my life?". [51] In late 2002, rapid spending from Amazon caused it financial distress when revenues stagnated. A local newspaper quoted his intention "to get all people off the earth and see it turned into a huge national park". Get this delivered to your inbox, and more info about our products and services. Entrepreneur and world-renowned e-commerce pioneer Jeff Bezos is something of a household name these days. [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. "[159] During the 1990s and early 2000s at Amazon, he was characterized as trying to quantify all aspects of running the company, often listing employees on spreadsheets and basing executive decisions on data. [137][138][139], Bezos was seen by some as needlessly quantitative and data-driven. Overtime raised $80 million in a Series C with investors including Bezos Expeditions, Drake and NBA stars including Devin Booker, Trae Young and Klay Thompson. [101] He has repeatedly called for increased inter-space energy and industrial manufacturing to decrease the negative costs associated with business-related pollution. WebThere is little chance that Jeff Bezos will slow down after stepping down as Amazon CEO. [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. [30][31] The family moved to Miami, Florida, where Jeff attended Miami Palmetto High School. Will I regret missing the beginning of the Internet? [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. [129][130], In September 2021, Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner. "Overtime has built an unrivaled brand and global community from scratch in just five years. Bezos started to wear tailored clothing; he weight trained, pursued a regimented diet and began to freely spend his money. [68] On February 1, 2018, Amazon reported its highest ever profit with quarterly earnings of $2billion. [58] After the company nearly went bankrupt, he closed distribution centers and laid off 14% of the Amazon workforce. [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. Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. [92] Rob Meyerson led Blue Origin from 2003 to 2017 and served as its first president. [34], Bezos attended the Student Science Training Program at the University of Florida. Cry? Whats more, the report also said that [27] Jeff would later purchase this ranch and expand it from 25,000 acres (10,117ha) to 300,000 acres (121,406ha). [160] Journalist Walt Mossberg dubbed the idea that someone who cannot tolerate criticism or critique shouldn't do anything new or interesting "The Bezos Principle". ", "Are you lazy or just incompetent? Well, if youre Amazon founder Jeff Bezos you may just BUY that show and add it to your own streaming platform. He holds a degree in electrical engineering and computer science. [37] In 1986, he graduated summa cum laude from Princeton University with a 4.2 GPA and a Bachelor of Science in Engineering degree (B.S.E.) As journalist Brad Stone revealed in his book The Everything Store, Bezos issued remarks to his employees such as "I'm sorry, did I take my stupid pills today? [28] At the time of the post, Bezos's lifetime spending on charitable causes was estimated to be $100million. Global investment firm Blackstone, Morgan Stanley and many NBA stars, including Devin Booker, Trae Young and Klay Thompson, joined the investment round. 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. He was succeeded as CEO by Andy Jassy. [289][290] A year later in June, he tweeted that he would announce two philanthropic foci by the end of summer 2018. Retail 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 fundraising comes more than a month after Overtime announced a paid basketball league for young players. ", "What Has Jeff Bezos Chosen to Spend His $140B On? [119] Bezos is involved in the healthcare sector, which includes investments in Unity Biotechnology, GRAIL, Juno Therapeutics, and Zocdoc. [69] Due to the growth of Alibaba in China, Bezos has often expressed interest in expanding Amazon into India. [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. [253] He had lobbied Paramount for the role apropos of Alexa and his personal/professional interest in speech recognition. But if OTE players do not pursue a professional career, OTE will provide an additional $100,000 for college tuition. [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. [186] His net worth decreased to $6.1billion a year later, a 40.5% drop. [83] However, Sanders countered that the companies targeted by his proposal have placed an increased focus on part-time workers to escape benefit obligations. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. There are really three things to look at here. His one line consisted of a response to an alien in distress: "Speak Normally." [63], In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671million, the largest sum he had ever raised from selling some of his Amazon stock. 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". [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. We want to hear from you. It wasn't until 1998, a year after Amazon became a public company, that Bezos became a billionaire. [14] The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0km). ", "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? 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. 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. On Saturday, TheAthletic.com reported that Bank of America (which is handling the sale) has informed Bezos that hes out. ", "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. [168] Bezos has cited Jeff Immelt (of New Enterprise Associates),[169] Warren Buffett (of Berkshire Hathaway), Jamie Dimon (of JPMorgan Chase), and Bob Iger (of Walt Disney) as major influences on his leadership style. Since its launch in 2016, Overtime said, it has nearly 50 million social media followers. [164] Starting in 1998, Bezos publishes an annual letter for Amazon shareholders wherein he frequently refers to five principles: focus on customers, not competitors; take risks for market leadership; facilitate staff morale; build a company culture; and empower people. [243][244] Media reports have accused Sanchez's brother Michael of being the source for the photos obtained by National Enquirer; however, Bezos has speculated that it may have been the Saudi Arabian government. [269] Controversy over this was raised when General James Mattis accepted a headquarters tour invitation from Bezos and co-ordinated the deal through Sally Donnelly, a lobbyist who previously worked for Amazon. What benefit would Bezos bring the league? ", "Amazon is celebrating its 25th birthday. "[273] Despite Bezos's support for an open borders policy towards immigrants, Amazon has actively marketed facial recognition software to U.S. Immigration and Customs Enforcement (ICE). [80] While preparing to introduce the bill, Sanders opined: "Instead of attempting to explore Mars or go to the moon, how about Jeff Bezos pays his workers a living wage? [43] He first worked at Fitel, a fintech telecommunications start-up, where he was tasked with building a network for international trade. 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. The company will use a portion of the funds to fuel its basketball league that pays 16-to-18-year old players at least $100,000 per year. [32][33] While Jeff was in high school, he worked at McDonald's as a short-order line cook during the breakfast shift. [1/2] Sep 15, 2022; Kansas City, Missouri, USA; Amazon executive chairman Jeff Bezos in attendance before the Kansas City Chiefs play against the Los Angeles [143], Throughout his early years of ownership of The Washington Post, Bezos was accused of having a potential conflict of interest with the paper. [77], Criticism of Amazon's business practices continued in September 2018 when Senator Bernie Sanders introduced the Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act and accused Amazon of receiving corporate welfare. Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. The Washington Post reported that Jones may be leaning on Dan Snyder to sell [91] The 18-year-old Bezos stated that he wanted to preserve Earth from overuse through resource depletion. On July 20, 2021, he launched on the NS-16 mission with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen. [44] Bezos was promoted to head of development and director of customer service thereafter. Jeff Bezos was born in Albuquerque, New Mexico, on January 12, 1964. He was raised largely in Houston, Texas, and moved to Miami, Florida, as a teenager. [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. [92][248] Bezos and MacKenzie have not disclosed their religious status. [40] In addition, he was elected to Tau Beta Pi and was the president of the Princeton chapter of the Students for the Exploration and Development of Space (SEDS). [121][122], Bezos also supports philanthropic efforts through direct donations and non-profit projects funded by Bezos Expeditions. To date, the Brooklyn-based Overtime says it has raised more than $140 million. He was high school valedictorian, a National Merit Scholar,[35][36] and a Silver Knight Award winner in 1982. [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. [195][196] A year later, Bezos entered the top ten when he increased his net worth to a total of $50.3billion. [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. But he's now out of the NFL and working as the head coach of the XFL's Houston Roughnecks And Phillips - part of a first family of football in Houston thanks to Here's what you need to know about the sale", "The Washington Post closes sale to Amazon founder Jeff Bezos", "Jeff Bezos Makes His First Major Move at the Washington Post", "The Washington Post Is a Software Company Now", "How Jeff Bezos Reacts to 'Negative' Amazon Articles in the Washington Post", "The Story of Jeff Bezos' $250,000 Investment into Google in 1998", "New Yorker: Bezos' Initial Google Investment Was $250K in 1998 Because 'I Just Fell in Love with Larry and Sergey', "Google's co-founders and other Silicon Valley billionaires are trying to live forever", "We can learn a lot about Jeff Bezos' health strategy by looking at his investments", "Why Jeff Bezos Might Be the One to Crack the Health Care Challenge", "Amazon, Berkshire Hathaway and JPMorgan Team Up to Try to Disrupt Health Care", "Jeff Bezos Wants Ideas for Philanthropy, So He Asked Twitter", "Billionaire Bezos adds to eclectic interests", "Jeff and MacKenzie Bezos Flip the Switch on New Bezos Center for Innovation at MOHAI, Kicking Off Saturday Launch Celebration", "The Engines That Propelled Us into Space, Recovered From the Ocean Floor", "Rocket Engine Part Recovered by Amazon CEO Has Apollo 11 History", "Bezos Salvage Team Plucks Apollo Rocket Engines from Atlantic", "Apollo F-1 Engine Preview | The Museum of Flight", "As Apollo 11 moon landing anniversary nears, space fans get ready to celebrate", "Altos Labs Launches with $3B and a Focus on Reversing Disease, Aging", "The Everything Store: Jeff Bezos and the Age of Amazon", "Amazon Uses '60 Minutes' To Unveil Automated Delivery Drones", "If Jeff Bezos really wanted to rule the world, he'd pose for corny photos like he used to", "Is Jeff Bezos a Horrible Boss and Is That Good? Web[DanSnydersYacht] Did Jerry Jones meet with Jeff Bezos to discuss the Commanders sale?!! This venture, later named Haven, is expected to be a partnership between Amazon, JPMorgan, and Berkshire Hathaway. "[81] He later said: "Bezos could play a profound role. 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. [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. [126] They were positively identified as belonging to the Apollo 11 mission's S-1C stage from July 1969. in electrical engineering and computer science; he was also a member of Phi Beta Kappa. But Soon, the F.A.A. [15] In September 2022, he was ranked second on the Forbes 400 list of wealthiest Americans with a net worth of $151 billion. Since that report from November 2019, Bezos' ties with the NFL have only grown. [143][144], During the early 2010s, Bezos solidified his reputation for aggressive business practices, and his public image began to shift. Jeffs mother and father were was only 17 and 19 when he was born. [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. [308], On November 22, 2022, Jeff Bezos awarded $123 million to organizations that are engaged in relocating homeless families to permanent housing. The letter demanded "Fair wages; fair benefits for retirement, family leave and health care; and a fair amount of job security. [98] He has been compared to Branson and Elon Musk as all three are billionaires who prioritize spaceflight among their business interests. [162] When interviewing candidates for jobs at Amazon, he has stated he considers three inquiries: can he admire the person, can the person raise the common standard, and under what circumstances could the person become exemplary. Jeff Bezos (@JeffBezos) October 1, 2021 Since New Worlds launch on Tuesday , it has managed to reach a concurrent player count of over 800,000 players, He transitioned into the banking industry when he became a product manager at Bankers Trust from 1988 to 1990. 2023 CNBC LLC. Amazon founder Jeff Bezos and music industry star Drake are investing in Overtime as part of a new $80 million round of funding for the sport startup, which is The Washington Post reported back then that Bezos was interested in buying the Seahawks. ", "Amazon will have a new CEO as Jeff Bezos transitions to executive chair later this year", "Jeff Bezos and brother to fly to space in Blue Origin flight", "Jeff Bezos, Mark Bezos, Wally Funk and Oliver Daemen reach edge of space, return safely on Blue Origin's New Shepard rocket", "Jeff Bezos's single teen mom brought him to night school with her when he was a baby", Why Some Locals Are Skeptical About Jeff Bezos' Free Preschool Near Seattle, "At Last, Jeff Bezos Offers a Hint of His Philanthropic Plans", "Jeff Bezos just sold $534million worth of Amazon stock", "Biography and Video Interview of Jeff Bezos at Academy of Achievement", "Jeff Bezos: A rocket launched from Miami's Palmetto High", "Amazon.com's Bezos invests in space travel, time", "How Amazon's Jeff Bezos went from the son of a teen mom to the richest person in the world", "Top Executive Profiles Jeffrey P. Bezos", "MacKenzie Bezos and the Myth of the Lone Genius Founder", "Who's Writing the Book on Web Business? [51], In 1998, Bezos diversified into the online sale of music and video, and by the end of the year he had expanded the company's products to include a variety of other consumer goods. Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. [73] Later in the month, U.S. President Donald Trump accused Amazon and Bezos, specifically of sales tax avoidance, misusing postal routes, and anti-competitive business practices. Sports media company Overtime has secured an $80 million fundraising round with investors including Jeff Bezos investment firm, global entertainer Drake, [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. [151][bettersourceneeded] In May 2014, the International Trade Union Confederation named Bezos the "World's Worst Boss", with its general secretary Sharan Burrow saying: "Jeff Bezos represents the inhumanity of employers who are promoting the North American corporate model",[152] while in 2019, Harvard Business Review, which ranked Bezos the best-performing CEO for 4 years in a row since 2014, did not rank him even in the top 100, citing Amazon's "relatively low ESG (environment, social, and governance) scores" that reflect "risks created by working conditions and employment policies, data security, and antitrust issues.