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When I was at Princeton I was president of SEDS, which stands for Students for the Exploration and Development of Space. [173][174], Bezos first became a millionaire in 1997 after raising $54million through Amazon's initial public offering (IPO). She . We do know that he went to Philips Exeter, perhaps the best prep school in the nation. [314], In November 2022, Bezos granted a $100-million Courage and Civility Award to singer Dolly Parton in recognition of her charity work focused on improving children's literacy around the world. Now that Im 37 years old, its like were the same generation. Maybe Ill be a philanthropist one day! That wasnt ever on my list of archeologist, astronaut, those things I wanted to be. We talked to our landlord, and we expanded into a 2,000-square-foot basement warehouse space that had six-foot ceilings. [147] Additionally, Bezos reportedly pitted Amazon teams against each other, and once declined to give Amazon employees city bus passes in order to discourage them from leaving the office. Did you ever have any self-doubts, fear of failure? Jeff Bezos: In a strange way, no. I had already talked to my wife about this, and she was very supportive and said, Look, you know you can count me in 100 percent, whatever you want to do. Its true she had married this fairly stable guy in a stable career path, and now he wanted to go do this crazy thing, but she was 100 percent supportive. The success of Amazon has allowed Bezos to explore his lifelong interest in space travel. It was too embarrassing. I would like to point out this was before Indiana Jones. That is actually something I should have mentioned. [192] His net worth decreased to $6.1billion a year later, a 40.5% drop. In your life have you ever considered giving up something you were doing? Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics. [194] He lost $500million the following year, which brought his net worth down to $1.5billion. He retired early to the family ranch, where Jeffrey spent most of the summers of his youth, working with his grandfather at the enormously varied tasks essential to the operation. . The first centibillionaire on the Forbes Real Time Billionaires Index and the second ever to have eclipsed the feat since Bill Gates in 1999,[8] Bezos was named the "richest man in modern history" after his net worth increased to $150billion in July 2018. Over the years, it was adopted by government and academic researchers to exchange data and messages, but as late as 1994, there was still no Internet commerce to speak of. Jeff Bezos age, height, weight, net worth 2023, wife, kids, gay [300][301], In January 2018, Bezos made a $33million donation to TheDream.US, a college scholarship fund for undocumented immigrants brought to the United States as minors. These composite scores are the result of section scores on a Math test and on an Evidence Based Reading and Writing Test. We always had lots of supporters and we always had lots of skeptics, and thats still the same today. The family later moved to Miami, Florida, during Bezos High School days. The company began as an online bookstore and has since expanded to a variety of other e-commerce products and services, including video and audio streaming, cloud computing, and artificial intelligence. Amazon.com ended 2015 with net revenue of $107 billion. We were betting on Jeff. By the end of the decade, as six percent owners of Amazon, they were billionaires. I dont know if Ill ever get that chance. During the COVID-19 pandemic, it was reported that Bezos's fortune had grown by $24 billion, citing a surge in demand from households on lockdown shopping on Amazon. They would always take pity on me and sort of open up and let us ship things late. In this little town where my grandfather lived in the summers, where I spent my time in the summer had a tiny little Andrew Carnegie-style library where all the books had been donated from the local citizens.

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