Bezos’ low salary is only £14,000 more than the average Facebook intern, according to Business Insider.
Having always had an interest in science, as a boy he created an electric alarm to keep his younger siblings out of his bedroom. Clever as that was, it doesn’t top the fact he used a screwdriver to dismantle his crib as a toddler, according to Achievement.org.
Jeff Bezos was born on January 12, 1964 to Jacklyn Gise and Ted Jorgensen. His mother’s ancestors were settlers who lived in Texas, and had acquired a 25,000-acre ranch near Cotulla over the generations.
Bezos’ mother was a teenager when she married his father. After marriage with Ted Jorgensen ended, she married Miguel Bezos, a Cuban immigrant who studied at the University of Albuquerque.
After marriage, Miguel Bezos legally adopted Jeff. The family then moved to Houston, Texas, where Miguel became an engineer for Exxon. Jeff attended River Oaks Elementary School, Houston, from fourth to sixth grade.
Bezos was awarded an honorary doctorate in Science and Technology from Carnegie Mellon University in 2008. He was also selected by U.S. News & World Report as one of America’s best leaders.
In 2011, The Economist gave Bezos and Gregg Zehr an Innovation Award for the Amazon Kindle. The following year, he was named Businessperson of The Year by Fortune.
In December 2012, the National Retail Federation named Amazon as the top retailer of the year, and awarded him the Gold Medal Award, given to an individual who has served the industry with distinction.
Princeton University (1986), River Oaks Elementary School, Miami Palmetto High School.
Bezos family moved to Miami, Florida. He attended Miami Palmetto Senior High School. He also attended the Student Science Training Program at the University of Florida, and received a Silver Knight Award in 1982.
While in high school, he started his first business venture, the Dream Institute, an educational summer camp for fourth, fifth and sixth graders. He graduated as high school valedictorian.
In 1982, he entered Princeton University, where he studied computers. He was elected to the honor societies Phi Beta Kappa and Tau Beta Pi at Princeton.
He used to take up summer jobs. In June 1984, he took a summer job as Programmer/Analyst in Norway, and the following year, he improved an IBM Program in California.
He served as the President of Princeton’ Students for the Exploration and Development of Space. In 1986, he graduated summa cum laude, with a B.Sc. in Electrical Engineering and Computer Science.
After graduation, he worked at several firms on Wall Street, such as Fitel Bankers Trust, and the investment firm D.E. Shaw.
He joined D. E. Shaw & Co, New York, in 1990. He became the youngest Vice President there. His career in finance was extremely lucrative, but he decided to quit after four years.
In 1995, he founded Amazon.com, an online bookstore. Market analysts were initially sceptical about its success vis-a-vis the traditional stores, but he soon outpaced his competitors. In 1997, the company went public
With time, Amazon started to diversify its portfolio. In 1998, it started offering CDs and videos and, in 2002, it also included clothes to its portfolio.
In 2003, Amazon formed A9, a commercial search engine focusing on e-commerce web sites. He also launched an online sporting goods store that offered up to 3,000 different brands.
The year 2007 saw Amazon introduce a handheld electronic reading device, the Kindle, which uses E-Ink to render text with adjustable font size to enhance ease of reading.
In 2010, Amazon signed a deal with The Wylie Agency who gave Amazon the digital rights to works of authors. Publishers were bypassed, and felt angered. However, readership and sales increased, thereby benefitting authors.
Competing with Apple iPad, Bezos introduced Kindle Fire, a color touch screen mini tablet computer. With Kindle Paperwhite, Amazon gave e-readers comfort and convenience with illuminated touchscreens that enabled reading in the dark.
He launched Amazon Studios apart from Amazon Local, LivingSocial and Amazon Web Services. Amazon plans to present the television programs through an online video service.
On August 5, 2013, he purchased The Washington Post and other publications affiliated with The Washington Post Co., for $250 million cash marking the end of the four-generations of reign by the Graham family.
In December 2013, Bezos revealed an experimental initiative called Amazon Prime Air that uses drones capable of carrying weight up to 5 pounds, and travelling 10-miles to provide delivery services to customers.
Jeffrey Preston Bezos
Albuquerque, New Mexico, U.S
Jacklyn Gise Jorgensen
Mark Bezos, Christina Bezos
$83.3 Billion As Of 2017
Now, we are selling over 5 million songs a day now. Isn't that unbelievable? That's 58 songs every second of every minute of every hour of every day.
It takes these very simple-minded instructions - 'Go fetch a number, add it to this number, put the result there, perceive if it's greater than this other number' - but executes them at a rate of, let's say, 1,000,000 per second. At 1,000,000 per second, the results appear to be magic.
Each year has been so robust with problems and successes and learning experiences and human experienes that a year is a lifetime at Apple. So this has been ten lifetimes.
The reason we wouldn't make a seven-inch tablet isn't because we don't want to hit a price point, it's because we don't think you can make a great tablet with a seven-inch screen.
The manual for WordStar, the most popular word-processing program, is 400 pages thick. To write a novel, you have to read a novel - one that reads like a mystery to most people. They're not going to learn slash q-z any more than they're going to learn Morse code. That is what Macintosh is all about.