What is Jeff Bezos Net Worth?
Jeff Bezos Net Worth 2024 Forbes, Amazon, wife, cars, Houses. Check out Elon Musk net worth
Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. He is the founder, executive chairman, and former president and CEO of Amazon.
As of 2024, Jeff Bezos net worth is valued at $128 billion. Bezos is the third-wealthiest person in the world and was the wealthiest according to both Bloomberg’s Billionaires Index and Forbes.
Jeff Bezos Net Worth Past and Present
Jeff Bezos Biography
Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. He holds a degree in electrical engineering and computer science. He worked on Wall Street in a variety of related fields from 1986 to early 1994.
Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. 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.
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.
Jeff Bezos net worth Highlights
Bezos first became a millionaire in 1997 after raising $54 million through Amazon’s initial public offering (IPO)
He was first included on the Forbes World’s Billionaires list in 1999 with a registered net worth of $10.1 billion.
Bezos was named the “richest man in modern history” after his net worth increased to $150 billion in July 2018. In August 2020, according to Forbes, he had a net worth exceeding $200 billion.
In 2020 during the COVID-19 pandemic, his wealth grew by approximately $24 billion. 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,succeeded Bezos as the CEO and President of Amazon.
On July 20, 2021, he flew to space alongside his half-brother, Mark. The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0 km).
In September 2022, he was ranked second on the Forbes 400 list of wealthiest Americans with a net worth of $151 billion.
Jeff Bezos Net Worth is $128 billion
Was Jeff Bezos born rich?
Jeff Bezos was not born into a wealthy family. His parents were 17 and 18 years old when he was born, and he worked on his maternal grandparents’ ranch in Cotulla, Texas, early in his life.
What is Jeff Bezos famous for?
Jeff Bezos is an American entrepreneur who played a key role in the growth of e-commerce as the founder and chief executive officer of Amazon.com, an online retailer.
Does Bezos still own Amazon?
Today, Bezos still serves as Amazon’s executive chairman after stepping down as CEO in 2021 and is the majority owner of the company.
Who owns Amazon now?
He is the founder, executive chairman, and former president and CEO of Amazon. 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.
Does Jeff Bezos donate money?
Forbes estimates that Bezos has donated more than $2.4 billion to charity in his lifetime.
How does Amazon make profit?
Retail remains Amazon’s primary source of revenue, with online and physical stores together accounting for the biggest share. Amazon Web Services (AWS) currently generates the majority of Amazon’s operating profits and is growing at a robust pace.
Why is Amazon losing money?
Much of Amazon’s misfortunes are tied to the economy and macro environment. Soaring inflation and rising interest rates have pushed investors away from growth and into companies with high profit margins, consistent cash flow and high dividend yields.
Who makes more profit Apple or Amazon?
On current and future value, AAPL clearly has AMZN beat. And Apple’s earnings have held up better through the recent doldrums. Amazon has significantly more cash and cash per share, with $58.7 billion in total cash compared to just $48.3 billion for Apple.
Jeff Bezos Marriage
In 1992, Bezos was working for D. E. Shaw in Manhattan when he met novelist MacKenzie Tuttle, who was a research associate at the firm; the couple married a year later.
In 1994, they moved across the country to Seattle, Washington, where Bezos founded Amazon
On January 9, 2019, Bezos and MacKenzie announced on Twitter their intent to divorce after a “long period” of separation.
On April 4, 2019, the divorce was finalized, with Bezos keeping 75% of the couple’s Amazon stock and MacKenzie getting the remaining 25% ($35.6 billion) in Amazon stock. However, Bezos would keep all of the couple’s voting rights.
Jeff Bezos Net Worth is $128 billion
Jeff Bezos Philanthropy
Bezos donated to the Fred Hutchinson Cancer Research Center several times between 2009 and 2017.
In 2013, he pledged $500,000 to Worldreader, a non-profit founded by a former Amazon employee.
In May 2017, Bezos gave $1 million to the Reporters Committee for Freedom of the Press, which provides pro bono legal services for American journalists.
In January 2018, Bezos made a $33 million donation to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors.
In June 2018, Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy.
In February 2020, Bezos pledged $10 billion to combat climate change through the Bezos Earth Fund.
In April 2020, early in the COVID-19 pandemic, Bezos donated $100 million to food banks through Feeding America.
In November 2021, Bezos pledged to donate $2 billion towards restructuring food systems and nature conservation at the 2021 United Nations Climate Change Conference
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
On November 22, 2022, Jeff Bezos awarded $123 million to organizations that are engaged in relocating homeless families to permanent housing.
Day 1 Families Fund grants, the amounts of which vary in monetary terms, will be sent to 40 organizations across the country
Does Bezos own a Bugatti?
Yes Jeff Bezos owns a Bugatti. The Bugatti Veyron Mansory owned by Jeff Bezos is one of two ever produced, and it cost around $3.5 million.
The Bugatti Veyron Mansory is powered by a mammoth 8.0-liter quad-turbocharged W16 that can produce up to 987 HP and 922 lb-ft of torque
Jeff Bezos Net Worth and Cars
Reportedly, Bezos owns a $3 million Ferrari Pininfarina Sergio, a $3.4 million Bugatti Veyron Mansory, a $4 million W Motors Lykan Hypersport, a $4.8 million Koenigsegg CCXR Trevita, and $5 million Lamborghini Veneno — in addition to his $41 million Dassault Falcon 900 EX private jet.
Jeff Bezos Net Worth is $128 billion
Jeff Bezos Houses
The following are Jeff Bezos houses.
Madison Square Park
212 Fifth Ave worth $96 million
At the height of the pandemic in April 2020, the online shopping magnate closed on a $16 million, three-bedroom condominium on the 20th floor of 212 Fifth Ave.
It’s the fifth time he bought an entire floor in the 24-story building — he already dropped $80 million in June 2019 on the 21st, 22nd, 23rd and 24th floors.
His 2019 apartment spree included the purchase of a three-story, five-bedroom, five-and-a-half-bathroom penthouse and the two-unit floor beneath it, which he planned to combine into a single mega-condo totaling 17,000 square feet, according to Realtor.com.
Lincoln Square – 25 Central Park West | $13 million
It’s been widely reported that Bezos owns four apartments worth $17.5 million in the Century Condominium at 25 Central Park West, which neighbors Central Park and has been home to composer George Gershwin and “Friends” star Matthew Perry, according to Mansion Global.
He is said to have bought three apartments in the building in 1999 for $7.65 million (about $12.13 million today), and added a fourth to his collection for $5.3 million in 2012.
Jeff Bezos Net Worth is $128 billion
Textile Museum – 2320-2330 S Street, Kalorama | $23 million
The Amazon honcho paid $23 million in 2016 for the former Textile Museum in Washington’s upscale Kalorama neighborhood — then he got to work on a $12 million renovation, according to a Washingtonian report.
Home across the street – 2325 S Street NW | $5 million
Bezos also bought the 4,800-square-foot home across the street for $5 million in January 2020 through the Capital Revocable Trust, which represents Bezos, the Washingtonian reported.
Harry Warner Estate – Near Sunset Blvd. | $165 million
Bezos purchased a $165 million mansion from billionaire producer David Geffen.
The stunning, 12,254-square-foot home near Sunset Boulevard reveals distressed wood plank floors, fresco walls, diamond-shaped windows and hand-carved doors.
Spanish-style mansion – N. Alpine Dr. | $24.5 million
The executive chair of Amazon bought this solar-powered, seven-bedroom, seven-bathroom mansion in 2007 for $24.45 million.
The Spanish-style home has exposed wooden ceiling beams, reddish floor tiles, detailed blue and yellow decorative tiling, arched doors and wooden rotunda ceilings, according to the listing.
Contemporary home -N. Alpine Drive | $12.9 million
Bezos bought a second, neighboring estate in Beverly Hills, Calif., in 2017 for $12.9 million.
Evergreen Point – Near the Post Office | $10 million
One of Bezos’ first homes he purchased following newfound success at the company was in Medina, Seattle.
He paid $10 million in 1998 for a 20,600-square-foot, five-bedroom, four-bathroom house, according to Realtor.com.
The 5.3-acre property in the ritzy Seattle suburb is located near the local Post Office and grocery store, property records show.
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Jeff Bezos Net Worth Wealth
The first centibillionaire on the Forbes wealth index, Bezos was named the “richest man in modern history” after his net worth increased to $150 billion in July 2018. In August 2020, according to Forbes, he had a net worth exceeding $200 billion.
In 2020 during the COVID-19 pandemic, his wealth grew by approximately $24 billion. On July 5, 2021, Bezos stepped down as the CEO of Amazon and transitioned into the role of executive chairman; Andy Jassy, the chief of Amazon’s cloud computing division, replaced Bezos as the CEO of Amazon.
On July 20, 2021, he flew to space alongside his brother Mark. The suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0 km).
In September 2021, Bezos co-founded Altos Labs with Mail.ru founder Yuri Milner. Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics
Jeff Bezos Net Worth 2024
According to Forbes, Jeff Bezos Net Worth 2024 is $128 billion making him the second richest person in the world. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, computer engineer, and commercial astronaut. He is the founder and executive chairman of Amazon, where he previously served as the president and CEO.
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
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