Jeff Bezos is now the wealthiest person in the world. His estimated net worth is $142 Billion, which puts him at the top of the list. This number comes from real-time data from Forbes.
Jeff Bezos started the world-famous online marketplace Amazon, which is said to be one of the most extensive and thriving in the world.
People have been talking a lot about the wealthiest person in the world recently, and Jeff Bezos’s net worth has changed significantly. But Jeff is now richer than Bill Gates and has taken his place as the wealthiest person in the world.
Net Worth
Jeff Bezos is an American businessman, philanthropist, and space explorer. He is probably best known for starting the online store Amazon.com. Jeff Bezos began Amazon.com and is the company’s CEO, president, and chairman of the board. In July 2017, he was worth more than Bill Gates for the first time. Between October 2017 and January 2021, he was always the wealthiest person in the world.
Jeff Bezos has a net worth of $142 billion as of this writing.
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Jeff Bezos – Key Facts
- Jeff Bezos began Amazon as an online bookstore in 1994.
- In 1997, he sold Amazon’s first shares to the public for $18 each. After that, Amazon’s stock was worth
- more than 40 times as much as before.
- In 1998, it was the first time he was on the Forbes 400 list.
- In 1999, Time magazine named him “Person of the Year.”
- He started the space company Blue Origin in the year 2000.
- He started Amazon Studios in 2010. Movies and TV shows from Amazon Studios are shown in theatres and on Amazon Prime Video.
- Jeff Bezos paid $250 million for The Washington Post in 2013.
- In 2018, when he passed, Bill Gates became the wealthiest person in the world.
- In 2021, he gave up his job as CEO of Amazon.
- In 2021, he was on Blue Origin’s first flight with people on board.
- Jeff Bezos has sold more than $27 billion worth of Amazon stock over the years (before taxes).
Early Life
Jeff Bezos was born in Albuquerque, New Mexico, on January 12, 1964.
There, his grandfather worked for the U.S. Atomic Energy Commission as a regional director, and when he retired early, he moved to the ranch. Jeff worked there with him for many summers when he was young.
Bezos was always interested in science and was good with technology. Once, he set up an electric alarm to keep his younger siblings out of his room.
Jeff went to Miami Palmetto High School, where he participated in the University of Florida’s Student Science Training Program and got a Silver Knight Award.
Career
Jeff graduated from Princeton University in 1986 and went to work in computer science on Wall Street. Then, for a company called Fitel, he built a network for international trade.
Later, he worked at Bankers Trust and at the hedge fund company D. E. Shaw & Co., where he looked for business opportunities that could be made possible by the Internet.
He started Amazon.com in 1994. At first, it was an online used bookstore. The number of items on the site quickly grew, and so did its popularity. In 1998, Jeff was named to the Forbes 400 list.
Amazon is now the most extensive online store in the world and employs more than 800,000 people. It all started when Bezos sold used books from his home.
In 2018, Bezos passed Bill Gates to become the wealthiest person in the world.
At the time, he was worth $150 billion. However, this was before he and MacKenzie Bezos got a divorce. Due to the divorce, she earned about $35 billion worth of Amazon stock, which made her one of the wealthiest women in the world.
It was the divorce that cost the most money ever.
How Does Jeff Bezos Spend His Money?
Jeff Bezos has more money than anyone else in the world. It is thought that his home in Medina is worth $25 million. Bill Gates, the second-richest person in the world, lives nearby.
Wealth-X says that Bezos’s three connected apartments in The Century building on Central Park West in Manhattan are worth at least $17 million.
The Seattle Times says that Bezos also paid for recovering the remains of several Apollo booster rocket engines from the bottom of the Atlantic Ocean 14,000 feet below. This work began in 2013.
Poplar Glen owns the 2015 Gulfstream G-650ER, a top-of-the-line private jet that costs $65 million through his holding company. Bezos Expeditions has put money into companies like Basecamp, Workday, Juno Therapeutics, and Twitter.
Wealth-X says that the share of Bezos Expeditions he owns is at least $880 million.
The New York Times says that in 2017, Bezos gave $35 million to the Fred Hutchinson Cancer Research Center in Seattle. The Reporters Committee for Freedom of the Press also got $1 million from Bezos.
Highlights
the highlights of Jeff Bezos’ career:
- Founded Amazon (1994)
- Makes the Forbes 400 List (1998)
- Founds Blue Origin (2000)
- Dot Com bubble bursts (2001)
- Launches Amazon Web Services (2006)
- Launches Amazon Studios (2010)
- Buys the Washington Post for $250 million (2013)
- Overtakes Warren Buffett as 2nd richest (2016)
- Becomes Richest Man in the World (2018)
Real Estate And Assets
Jeff and MacKenzie bought a mansion in Beverly Hills, California, for $24.5 million in 2007. It was on 2 prime acres and had a pool. They bought the house next door for $12.9 million in 2018. As part of their 2019 divorce settlement, MacKenzie got these two homes, which are now one big house.
In August 2022, MacKenzie said she had given the properties to the California Community Foundation, a charity. At the time of the donation, the total value of the two properties was about $55 million.
On February 12, 2020, it came out that Jeff had bought two properties in Beverly Hills for $255 million. The Jack L. Warner estate, the first property, cost $165 million. The estate is on 10 beautiful acres in the middle of Beverly Hills. The main house is 13,600 square feet. David Geffen, a big name in the entertainment business, was the one who sold the property. He bought it for $47.5 million in 1990.
The second property that Bezos was said to have bought in February 2020 was Enchanted Hill, a 120-acre hilltop that was empty. The land was purchased for $20 million in 1997 by the estate of late Microsoft founder Paul Allen. A month after the news of the purchase came out, the deal fell through. Even though the property is primarily full of weeds, it does have a 1.5-mile driveway and a well-kept bluff at the top. So the $165 million Jack L. Warner estate was Jeff’s last piece of real estate in February 2020.
Other Real Estate Assets:
- A $23 million house was bought in 2018 in Washington, D.C. A former museum comprises two buildings with 27,000 square feet of living space and 300,000 acres in Texas, where there are several ranches.
- In different parts of the country, 100,000 more acres were added.
- 25 Central Park West in Manhattan has three apartments.
- In 1999, he bought a 5-acre property in Medina, Washington, for $10 million.
- He bought the $50 million mansion next door to his Medina home in 2005.
Frequently Asked Questions
What is Jeff Bezos’s Net Worth?
Jeff Bezos is thought to have a net worth of $130 Billion.
Jeff Bezos is How Old?
Jeff Bezos was born on January 12, 1964, making him 58.
What is Jeff Bezos’s Height?
Jeff Bezos is 1.71 m tall, which is 5 feet 7 inches.
Conclusion
Jeff Bezos used to have trouble selling books, but now he can sell anything he wants. Amazon has become a huge company that is taking over the new world. It all started with one guy trying to sell used books.
Jeff Bezos’ estimated net worth in 2020 is $142 Billion, which is a lot of money.
