Sports media company Overtime has secured an $80 million fundraising round with investors including Jeff Bezos investment firm, global entertainer Drake, Getty. [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. [74] Amazon's share price fell by 9% in response to the President's negative comments; this reduced Bezos's personal wealth by $10.7billion. 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. [132] During the 1990s, Bezos earned a reputation for relentlessly pushing Amazon forward, often at the expense of public charity and social welfare. [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. "[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. [275], On November 22, 2021, Jeff Bezos donated $100million to the Obama Foundation to "help expand the scope of programming that reaches emerging leaders", and requested the Obama Presidential Center's plaza to be named after John Lewis. That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. WebThere is little chance that Jeff Bezos will slow down after stepping down as Amazon CEO. [92] Rob Meyerson led Blue Origin from 2003 to 2017 and served as its first president. Earlier this month, Jeff Bezos stepped down as the CEO of Amazon, the company he launched in 1994 as an online bookseller. Jeff Bezos Jeff Bezos Born in Albuquerque and raised in Houston and Miami, Bezos graduated from Princeton University in 1986. The letter demanded "Fair wages; fair benefits for retirement, family leave and health care; and a fair amount of job security. Bezos started to wear tailored clothing; he weight trained, pursued a regimented diet and began to freely spend his money. [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. Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. [188] He lost $500million the following year, which brought his net worth down to $1.5billion. Is Jeff Bezos Buying an NFL Team? - Market Realist Jeff Bezos' Single-Family Rental Play Appears Almost Too Well [107] He announced that New Shepard would begin transporting humans into sub-orbital space by November 2018. That $250,000 investment resulted in 3.3million shares of Google stock, worth about $3.1billion in 2017. Author of Book on Amazon", "What Is Jeff Bezos's Religion? A local newspaper quoted his intention "to get all people off the earth and see it turned into a huge national park". Shares of the company were only $7 on average that year. ", "Jeff Bezos's Net Worth Hits Record $151 Billion After Strong Amazon 'Prime Day', "Jeff Bezos Becomes the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos Is Now the Richest Man in Modern History, Topping $150 Billion", "Jeff Bezos becomes the richest person in modern history amid Amazon Prime Day kickoff", "Is Jeff Bezos Really the Richest of Them All? Jeff Bezos taps investment firm while mulling Commanders bid So, lets say he pays $4.5 Shaw in 1994 and moved to Washington State to start Amazon as an Internet bookstore. Bezos retained his interest in The Washington Post and Blue Origin, as well as voting control of the shares received by his ex-wife. Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and commercial astronaut. He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. ", and "Why are you ruining my life?". Bezos founded Blue Origin in 2000, just six years after he started Amazon, with the goal of making spaceflight more affordable and more accessible. Jeff Bezos [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. [51] In 2000, Bezos borrowed $2 billion from banks, as its cash balances dipped to only $350million. Who Will Win? [119] Bezos is involved in the healthcare sector, which includes investments in Unity Biotechnology, GRAIL, Juno Therapeutics, and Zocdoc. Jeffrey Preston Bezos (/bezos/ BAY-zohss;[2] n Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. Jeffrey Preston Jorgensen was born in Albuquerque, New Mexico, on January 12, 1964,[16] the son of Jacklyn (ne Gise) and Theodore Jrgensen. 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, what sports do jeff bezos play? ictsd.org Jeff Bezos $3,487 is divided by 47, a fraction. Yes. [26] Lawrence retired early to his family's ranch near Cotulla, Texas, where Jeff would spend many summers in his youth. [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. Jeff Bezos, Drake and others invest $80 million in sports In March 2022, the NFL made a revolutionary move to deliver the Thursday Night Football media rights to Jeff Bezos streaming platform. [41][42], After Bezos graduated from college in 1986, he was offered jobs at Intel, Bell Labs, and Andersen Consulting, among others. Jeff Bezos Jeff Bezos [308], On November 22, 2022, Jeff Bezos awarded $123 million to organizations that are engaged in relocating homeless families to permanent housing. [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. Well, if youre Amazon founder Jeff Bezos you may just BUY that show and add it to your own streaming platform. [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. Jeff Bezos His one line consisted of a response to an alien in distress: "Speak Normally." [143], Throughout his early years of ownership of The Washington Post, Bezos was accused of having a potential conflict of interest with the paper. [120] In January 2018, an announcement was made concerning Bezos's role within a new, unnamed healthcare company. Bezos founded Amazon in late 1994 on a road trip from New York City to Seattle. Jeff Bezos saw his wealth slashed by $20 billion on Friday, cutting him to No. Jeff Bezos [87] On February 2, 2021, Bezos sent an email[88] to all Amazon employees, telling them the transition would give him "the time and energy [he] need[s] to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and [his] other passions. [301][302][303] In April 2020, early in the COVID-19 pandemic, Bezos donated $100 million to food banks through Feeding America. Get this delivered to your inbox, and more info about our products and services. [165][166] Bezos maintains the email address jeff@amazon.com[167] as an outlet for customers to reach out to him and the company. [247] Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and one daughter adopted from China. Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. 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. [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. Meanwhile, Rodgers insists he won't "drag'' out the decision about when and where and why and if he'll play in 2023. [123] Bezos used Bezos Expeditions to fund several philanthropic projects, including an Innovation center at the Seattle Museum of History and Industry and the Bezos Center for Neural Circuit Dynamics at Princeton Neuroscience Institute. [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%. [25] Jeff's maternal grandfather was Lawrence Preston Gise, a regional director of the U.S. Atomic Energy Commission (AEC) in Albuquerque. The Raptors Global Ambassador Drake cheers on the team as the Toronto Raptors beat the Philadelphia 76ers 101-96 at the Scotiabank Arena in Toronto. [218], In 2019, Bezos's wealth was reduced by the divorce from his wife MacKenzie Bezos. On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. [163], He meets with Amazon investors for a total of only six hours a year. On October 10, 2017, he made an estimated $6.24billion in 5 minutes, slightly less than the annual gross domestic product of Kyrgyzstan. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. [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. The current market value of 40 shares is $40. Cowboys Ex Coach Wade Phillips: A Victim of Ageism? He is the founder and CEO of Amazon, owner of The Washington Post and founder of the space exploration company Blue Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics. He launched nine days after Richard Branson launched onboard The Virgin Galactic Unity 22 mission. [274], In 2019, a political action committee linked to Bezos spent over $1million in an unsuccessful attempt to defeat the reelection bid of Seattle city council member and activist Kshama Sawant. [285], In September 2018, Business Insider reported that Bezos was the only one of the top five billionaires in the world who had not signed the Giving Pledge, an initiative created by Bill Gates and Warren Buffett that encourages wealthy people to give away a majority of their wealth. During the COVID-19 pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon. ", "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? ', "Country star Dolly Parton gets $100m award from Amazon founder Jeff Bezos", "Jeff Bezos announces 40 grants totaling $123 million to combat homelessness", "Jeff Bezos reveals what it's like to build an empire", "Inside Jeff Bezos's Washington D.C. Life", List of mergers and acquisitions by Amazon. [192][194], After a rumor broke out that Amazon was developing a smartphone, Bezos's net worth rose to $30.5billion in 2014. [55] Although Amazon was originally an online bookstore, Bezos had always planned to expand to other products. [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. Their returns? Aaron Rodgers Answers 'Diva' Question; ESPN Conflicting WebForbes estimates that Bezos has donated $2.4 billionless than 2% of his total net worthto charitable causes during his lifetime. [289][290] A year later in June, he tweeted that he would announce two philanthropic foci by the end of summer 2018. [276][277], In March 2018, Bezos met in Seattle with Mohammad bin Salman, the crown prince and de facto ruler of Saudi Arabia, to discuss investment opportunities for Saudi Vision 2030. Sign up for free newsletters and get more CNBC delivered to your inbox. [75] Weeks later, Bezos recouped his losses when academic reports out of Stanford University indicated that Trump could do little to regulate Amazon in any meaningful way. ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement", "World's richest man Jeff Bezos divorces", "Jeff Bezos, World's Richest Person, Announces Divorce After 25 Years Of Marriage", "MacKenzie Bezos, author, philanthropist, and soon to be world's richest woman? Jeff Bezos [115], Bezos makes personal investments through his venture capital vehicle, Bezos Expeditions. [51] He favored diverting Amazon profits back into the company in lieu of allocating it amongst shareholders in the form of dividends. [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. Jeff Bezos is a gamer if you count flying rockets into space, co-founder of Amazon-owned Twitch says. The Washington Post reported back then that Bezos was interested in buying the Seahawks. [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. Notably, journalist Brad Stone wrote a book that described Bezos as a demanding boss as well as hyper-competitive,[133][140] and opined that Bezos perhaps "bet the biggest on the Internet" than anyone else. [235] Bezos and the newspaper's editorial board have dismissed accusations that he unfairly controlled the paper's content and Bezos maintains the paper's independence. Jeff Bezos During that time, Amazon was just coming into its own by selling CDs online. The NFL has played games in London, Mexico City and Germany but there is one place they haven't touched. [19] After completing high school despite challenging conditions, Jacklyn attended night school while bringing Jeff along as a baby. Jeff Bezos buying an NFL team would be good for the league [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. Khashoggi was killed in late 2018, in Turkey's Saudi consulate for his critical stance and journalism against the Saudi government and its leader. No. He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. 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. Amazon CEO Jeff Bezos was a smart and enterprising kid, as Brad Stone writes in his 2013 book "The Everything Store." [203] His wealth's rapid growth from 2016 to 2017 sparked a variety of assessments about how much money Bezos earned on a controlled, reduced time scale. [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. [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. [198] However, just months later in October 2016, his wealth increased by $16.2billion to $66.5billion, unofficially ranking him the third-richest person in the world, behind Warren Buffett. [296] In September 2018, Bezos donated $10million to With Honor, a nonpartisan organization that works to increase the number of veterans in political office. Jeff Bezos No. 3 world's richest after losing Amazon tanks - New Since that report from November 2019, Bezos' ties with the NFL have only grown. The Amazon CEO Keeps His Beliefs to Himself", "What we know, and don't know, about Jeff Bezos' religious beliefs", "Amazon Chief Survives Helicopter Crash in Texas", "Amazon founder Jeff Bezos reveals Star Trek Beyond alien cameo", "Jeff Bezos, long known for guarding his privacy, faces his most public and personal crisis", "Amazon CEO Jeff Bezos and wife MacKenzie to divorce after 25 years of marriage", "Jeff and MacKenzie Bezos are getting divorced after 25 years of marriage", "Jeff Bezos to keep 75 percent of couple's Amazon stock after finalizing divorce", "Amazon's Jeff Bezos, wife, make $2.5million donation for gay marriage", "Amazon.com Contributions to Federal Candidates, 2012 cycles", "How to Understand Donald Trump's #AmazonWashingtonPost Tweet in 3 Easy Steps", "Slammed by Trump, Amazon's Jeff Bezos Chooses Silence", "Why Jeff Bezos Is Dumping Cash into Trump's Swamp", "Donald Trump called out Jeff Bezos on Twitter. The great American entrepreneur Jeff Bezos is the co-founder and longest-serving CEO of Amazon. Jeff Bezos is a gamer if you count flying rockets: Twitch co [50] Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America, in part because the name begins with the letter A, which is at the beginning of the alphabet. Bezos not only invested in the real estate startup's seed round in 2021, but he doubled down on that investment during the company's series A last year. Perez of FrontOfficeSports.com reports that no bid exceeded $6.3 billion. Jeff Bezos Jeff Bezos [102], In December 2017, New Shepard successfully flew and landed dummy passengers, amending and pushing its human space travel start date into late 2018. [35] In his graduation speech, Bezos told the audience he dreamed of the day when mankind would colonize space. Even Jeff Bezos' brother Mark was completely taken off guard by the internet memes showing the man behind Amazon looking completely jacked. 20 Tech Founders and Billionaires That Play Sports That shouldn't be an issue for Bezos, who with a net worth of $117.8 billion is one of the world's wealthiest people. [124][125] In 2013, Bezos Expeditions funded the recovery of two Saturn V first-stage Rocketdyne F-1 engines from the floor of the Atlantic Ocean. [249] Public records, family history, and biographical details suggest that both were raised under some form of Christianity. [293][294], In January 2018, Bezos made a $33million donation to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors. WebOn Feb 21st, both Jones' jet and Bezos' jet landed at Princess Juliana Airport on the Island of St. Martin. The company said its content is streamed more than 1.7 billion times a month across all social platforms. [251][252] All survived; Bezos sustained only minor injuries and was discharged from a local hospital the same day. He was succeeded as CEO by Andy Jassy. [140][141] This perception was detailed by Alan Deutschman, who described him as "talking in lists" and "[enumerating] the criteria, in order of importance, for every decision he has made. His wealth surpassed $100billion for the first time on November 24, 2017, and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112billion. [261] Bezos donated $100,000 towards a movement against a Washington state income tax in 2010 for "top earners". Bezos has been interested in becoming an NFL owner for at least four years. Data is a real-time snapshot *Data is delayed at least 15 minutes. 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 in electrical engineering and computer science; he was also a member of Phi Beta Kappa. [94] After the company gained the public's attention during the late 2000s, Bezos additionally indicated his interest in reducing the cost of space travel for humans while also increasing the safety of extraterrestrial travel.
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