Jeffrey Preston Bezos

Jeffrey Preston Bezos

  • #0 born January 12, 1964
  • #22 graduated Princeton in 1986 with a degree in electrical engineering and computer science
  • #22 he was offered jobs at Intel, Bell Labs, and Andersen Consulting. He chooses Fitel, a fintech telecommunications start-up.
  • #24 transitioned into the banking industry when he became a product manager at Bankers Trust in 1988
  • #26 joining the New York investment bank David .E. Shaw & Co. with a strong emphasis on mathematical modelling, in 1990. In 1990, Bezos became D.E. Shaw’s youngest vice president.
  • #30 started online bookstore on July 5, 1994. He accepted an estimated $300,000 from his parents and invested in Amazon. He warned many early investors that there was a 70% chance that Amazon would fail or go bankrupt.
  • #31 Amazon sold its first book in July 1995
  • #33 IPO in 1997 with $54 million raised
  • #34 selling music and videos in 1998
  • #35 began operations internationally by acquiring online sellers of books in United Kingdom and Germany in late 1998
  • #36 Bezos borrowed $2 billion from banks, as its cash balances dipped to only $350 million in 2000
  • #37 Bezos founded Blue Origin, a human spaceflight startup company in September 2000
  • #38 Bezos led Amazon to launch Amazon Web Services in 2002
  • #39 financial distress when revenues stagnated. After the company nearly went bankrupt, he closed distribution centers and laid off 14% of the Amazon workforce in late 2002
  • #40 Amazon rebounded from financial instability and turned a profit of $400 million in 2003
  • #43 Bezos launched the Amazon Kindle in November 2007
  • #44 On January 31, 2008, Amazon announced to buy Audible for about $300 million. The deal closed in March 2008
  • #49 Bezos secured a $600 million contract with the Central Intelligence Agency (CIA) on behalf of Amazon Web Services in 2013
  • #53 the world’s wealthiest person over $90 billion on July 27, 2017
  • #54 Amazon closed down Junglee.com and the former domain currently redirects to Amazon India in November 2017
  • #54 purchasing Whole Foods Market supermarket chain five years in 2017