Friday, October 19, 2012

Jeff Bezos Net Worth 18 Billion

Jeff Bezos Net Worth 18 Billion, American businessman, founder, president, CEO, and chairman of, Jeffrey Preston “Jeff” Bezos, has a net worth of $19.1 billion as of September 2011, according to Forbes’ list of billionaires making him 13th-richest-person in United States. A Tau Beta Pi graduate of Princeton University, worked as a financial analyst for D. E. Shaw & Co. before founding Amazon in 1994.

As a toddler in Albuquerque, New Mexico, Bezos tried to dismantle his crib with a screwdriver. His mechanical aptitude continued and he converted his parents’ garage into a lab for science projects. Bright enough to enter Princeton, Bezos switched from physics to a BSc degree in electrical engineering and computer science, which he earned with distinction.

He went to work on Wall Street in 1986 and might have made a fortune there but for his decision in 1994 to set up an online bookseller. Bezos wrote the business plan while he and his wife, Mackenzie, drove from Texas to Seattle and they set up the company in their garage. The name they chose was – partly after the river, with its countless branches, and partly because it would show up quickly on lists ordered alphabetically. It floated on the stock market in 1997 and showed its first modest profit in 2001.

Today has been transformed into a multinational e-commerce company selling books, DVDs, CDs, MP3 downloads, computer software, video games, electronics, clothes, furniture, food and toys. His past share sales and other assets, such as the Blue Origin aerospace company, take the 47-year-old to $18.1 billion. Bezos was born Jeffrey Preston Jorgensen in Albuquerque, NM on January 12, 1964.
Title: Jeff Bezos Net Worth 18 Billion
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