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A year later, Bezos took on 130,000 new employees when he ramped up hiring at company distribution centers. [69] By January 19, 2018, his Amazon stock holdings had appreciated to slightly over $109 billion; months later he began to sell stock to raise cash for other enterprises, in particular, Blue Origin . [ 70 ]
Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1] The funds gained from the IPO allowed Amazon to grow quickly, making its first three acquisitions on April 27, 1998, less than a year after the company had gone public. [2]
Amazon mogul Jeff Bezos is the second-richest man in the world with a net worth of about $250 billion as of late January 2025, according to Forbes. But, believe it or not, not all of his money ...
The company was founded in 2000 by Jeff Bezos, the founder of Amazon. [ 5 ] [ 6 ] Rob Meyerson joined the company in 2003 and served as the CEO before leaving the company in 2018. [ 7 ] Bob Smith served as CEO from 2018 to 2023. [ 8 ]
To get the company started, Bezos funded the space company with at least $5.5 billion from his own pockets. On July 20, 2021, Blue Origin launched its first commercial flight to space and back.
In 2013, Bezos bought The Washington Post for $250 million, and in 2021, he co-founded Altos Labs, a biotechnology company. He manages his personal investments through an investment firm, Bezos ...
Jeff Bezos, who founded Amazon in his Bellevue, Washington garage in 1994. Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, and digital streaming. It has been referred to as "one of the most influential economic and cultural forces in the world", [1] and is one of the world's most valuable ...
A Princeton graduate, Jeff Bezos founded e-commerce giant Amazon.com, Inc. (NASDAQ:AMZN) in 1994 with $10,000 of his […] Jeff Bezos Stock Portfolio: 10 Companies Bezos Is Investing In Skip to ...