Jeff Bezos Net Worth is $83 Billion USD and earns an annual income of $8 Billion dollars. Jeff Bezos is the founder, chairman, and chief executive officer of Amazon.com, the world’s largest online shopping retailer. Jeff Bezos recently bought a brand new Rolls Royce luxury car for $500,000 USD. The Net Worth of Jeff Bezos has seen a hike of 45% over the past few years. While calculating Jeff Bezos Net Worth we have included the data updated as of this Quarter. Check out the Exclusive information on Jeff Bezos Net Worth details such as Yearly Income, House, Car Collection, Investments etc.
Jeff Bezos Net Worth and Income Details
|Jeff Bezos Net Worth||$83 Billion USD|
|Annual Income||$8 Billion USD|
|Luxury Cars – 15||$6 million USD|
|Houses – 7||$340 million USD|
Jeff Bezos Cars
The Car collection of Jeff Bezos is Quite Large. Jeff Bezos owns few of the best luxury cars in the world. The Car brands owned by Jeff Bezos include Rolls Royce, Porsche and Jaguar.
Jeff Bezos Biography
Jeff Bezos was born Jeffrey Preston Jorgensen in 1964 in Albuquerque, New Mexico, to Jacklyn (née Gise) and Ted Jorgensen. Jeff Bezos maternal ancestors were settlers who lived in Texas, and over the generations acquired a 25,000-acre ranch near Cotulla. As of March 2015, Jeff Bezos was among the largest landholders in Texas.
Jeff Bezos’s maternal grandfather was Lawrence Preston Gise, was a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque. Before joining the AEC, Gise had worked for the Defense Advanced Research Projects Agency (DARPA), the research and development arm of the Department of Defense that was created in 1958 as the first response by the US government to the Russian launching of Sputnik I, the first artificial Earth satellite in 1957.
Intended to be the counterbalance to military thinking in research and development, DARPA was formed, according to its official mission statement, to assure that the US maintains a lead in applying technology for military capabilities and to prevent other technological surprises from her adversaries.
In 1970, DARPA’s engineers created a model for a communications network for the military that could still function even if a nuclear attack demolished conventional lines of communication: ARPAnet, was the foundation of what would eventually become the Internet. Gise retired early to the ranch, where Jeff Bezos spent many summers as a youth, working with him.
In 1986, Jeff Bezos graduated Phi Beta Kappa from Princeton University with Bachelor of Science degrees in electrical engineering and computer science. While at Princeton, he was also elected to Tau Beta Pi. Jeff Bezos served as the president of the Princeton chapter of the Students for the Exploration and Development of Space.
Jeff Bezos Wiki
After graduating from Princeton, Jeff Bezos worked on Wall Street in the computer science field. Jeff Bezos then worked on building a network for international trade for a company known as Fitel. Jeff Bezos next worked at Bankers Trust. Later on, he worked on Internet-enabled business opportunities at the hedge fund company D. E. Shaw & Co.
Jeff Bezos founded Amazon.com in 1994 after making a cross-country drive from New York to Seattle, writing up the Amazon business plan on the way. He initially set up the company in his garage.
Jeff Bezos had left his well-paying job at a New York City hedge fund after learning “about the rapid growth in Internet use,” which coincided with a new U.S. Supreme Court ruling that exempted mail order companies from collecting sales taxes in states where they lack a physical presence.
In 2013, Jeff Bezos reportedly discussed commercial spaceflight opportunities and strategies with Richard Branson, multibillionaire founder of Virgin Group and chairman of Virgin Galactic.
Jeff Bezos was one of the first shareholders in Google, when he invested $250,000 in 1998. That $250,000 investment resulted in 3.3 million shares of Google stock worth about $3.1 billion today.
Jeff Bezos Bio
Jeff Bezos was named Time magazine’s Person of the Year in 1999. In 2008, he was selected by U.S. News & World Report as one of America’s best leaders. Jeff Bezos was awarded an honorary doctorate in Science and Technology from Carnegie Mellon University in 2008. In 2011, The Economist gave Jeff Bezos and Gregg Zehr an Innovation Award for the Amazon Kindle.
In 2012, Jeff Bezos was named Businessperson of The Year by Fortune. Jeff Bezos is also a member of the Bilderberg Group and attended the 2011 Bilderberg conference in St. Moritz, Switzerland, and the 2013 conference in Watford, Hertfordshire, England. Jeff Bezos was a member of the Executive Committee of The Business Council for 2011 and 2012.
In May 2014, Jeff Bezos was named World’s Worst Boss by the International Trade Union Confederation (ITUC), at their World Congress. In making the award, Sharan Burrow, general secretary of the ITUC, said “Jeff Bezos represents the inhumanity of employers who are promoting the North American corporate model.”
An article in The New York Timesdescribed working for Jeff Bezos and in the offices of Amazon as a grueling and inhumane experience, with many employees regularly being terminated or quitting.
Journalist Shawn McCoy contrasted the philanthropic practices of Amazon and Jeff Bezos with the comparatively more generous Microsoft (also based near Seattle) and fellow billionaires Bill Gates and Paul Allen (who, in April 2017, personally donated 30 million dollars to help house homeless families in Seattle.)
Stacy Palmer, editor of the Chronicle of Philanthropy, has compared Jeff Bezos to Steve Jobs, who was skeptical of philanthropy and made few donations.
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Jeff Bezos Net Worth Growth Estimate
The Net Worth and Income of Jeff Bezos is expected to continue to grow at a Strong pace. Over the next few years, Jeff Bezos’s Net worth is likely to grow by around 55%.