Jeff Bezos

Jeff Bezos

  Instead: Jeffrey Preston Bezos

By Britannica Editors • Last Updated: August 12, 2022 • 

Jeff Bezos, named after Jeffrey Preston Bezos, (born 12 October 1964, Albuquerque, New Mexico, USA), is President and CEO of Amazon.com, Inc. Businessmen selling books and products. Amazon's general guidelines on web books and templates for management.

                         Early life and work

While studying at Bezos University, the Dream Institute is a center for student thinking. Study Studies (1986) summa cum laude from Princeton University in the year of electrical engineering and computer functions began working at the New York Investment Bank DE Shaw & Co. Spring 1990. Soon the youngest will be secretly recruited. -Bezos get online investment feasibility check. Enormous Information Knowledge - Websites Are Growing Over 2,000% Support - Encouraged by the 1994 team to read DE Shaw and travel to Seattle to open a bookstore. Virtual. Working out of the local garage, lead a small Bezos staff creating applications for the site.Named after the US River Amazon, the first book sold in 1995                  

                                 Amazon.com

Amazon is fast becoming a leader in e-commerce. Open 24 hours a day, the site is easy to use, encouraging online browsers to post their own book reviews and offer discounts, personal referrals, and search for unpublished books. In June 1998, it began selling CDs, and later that year it added video. In 1999, Bezos added a bid to the site and invested in another virtual store. Amazon's success has encouraged other retailers, including major book chains, to set up online stores.

As more and more companies compete for dollars online, Bezos sees the need to diversify, and in 2005 Amazon offered a range of products, including electronics, clothing and hardware. Amazon further diversified in 2006 with the introduction of Amazon Web Services (AWS), The cloud-computing service that eventually became the largest such service in the world. In late 2007, Amazon released a new handheld reader called theKindle, a digital book reader with a wireless Internet connection that allows customers to purchase, download, read and save a huge selection of books. Requirements. Amazon announced in 2010 that sales of Kindle books had surpassed those of hardcover books. That same year, Amazon moved to make its own TV shows and movies with its Amazon Studios division. Amazon's annual net sales increased from $ 510,000 in 1995 to about $ 600 million in 1998 and from more than 19, $ 1 billion in 2008 to nearly $ 233 billion in 2018. About half of the company’s operating income in 2018 will come from AWS. Two years later, Amazon registered a profit, and its revenue in the fourth quarter of that year exceeded $ 100 billion for the first time. The unprecedented numbers are partly due to an increase in home purchases during the COVID-19 pandemic.

In February 2021, Bezos announced that he would resign as the long-serving CEO, his project will continue at Amazon as CEO.

Other activities

Beyond Amazon, Bezos was the first company in Blue Origin 2000. Blue Origin recently acquired a launch site in Texas and plans to introduce the vehicle under management. Bezos bought the Washington Post and published it every 250 years in 2013. Bezos net worth is projected for 2018, 112 of which make him the best.