Jeff Bezos Net Worth

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Jeff Bezos Net WorthJeff Bezos was born in Albuquerque, New Mexico, United States. His mother, Jacklyn Gise, had him as a teenager and his biological father, Ted Jorgensen, left them as soon as he heard the news. Years later his mother married Miguel Bezos, a Cuban. Now, Miguel adopted Jeffrey and he received his last name. The family moved to Houston, Texas. Jeffrey Bezos studied at River Oaks Elementary, he was always a very smart and resourceful little boy.

How Much is Jeff Bezos Net Worth?

According to Forbes, Jeff Bezos Net Worth 2020 is $188 billion. Thanks to the business figures that e-commerce giant Amazon has been able to present in recent years, Bezos is now the richest man in the world. The assets of Jeff Bezos is 153.87 billion euros. On July 27, 2017, he replaced long-term competitor and Microsoft founder  Bill Gates as the richest person in the world for a full 6 hours. After the market closed, Amazon’s share price fell so sharply that the title was quickly gone. Amazon Jeff Bezos has been on the throne as the richest man in the world,  despite the most expensive divorce in the world from his wife MacKenzie.

In recent years, Jeff Bezos has overtaken some of the greats such as the billionaire brothers David Koch and Charles Koch, who are known in the USA for their great influence on politics there. No one else could have increased his fortune in a year as much as Bezos. Even Facebook’s Mark Zuckerberg and Google founders Larry Page and Sergey Brin couldn’t achieve what Amazon had done under Bezos’ leadership. In the future, too, it is to be expected that Amazon can further increase its sales per year and that the share will continue to reach a new record high.

how much money does Jeff Bezos really have?

Bezos was born Jeffrey Preston Jorgensen in 1964 in Albuquerque, New Mexico, USA. Bezo’s family was by no means wealthy, so Amazon’s success grew on his shoulders alone. First, however, Bezos took a job on Wall Street and worked in the field of applied computer science. Bezos first became an independent entrepreneur with Fitel, which had specialized in international trade.

The success story of Amazon, however, did not begin until 1994. Like many of the most successful and well-known companies in the USA, Amazon started out in a garage. On the way from New York to Seattle, which Bezos drove in 1994, he worked out the entire business plan for Amazon. Completely convinced of his idea, Bezos devoted himself body and soul to his new companies. In doing so, he left his highly paid job at a New York hedge fund. During his time on Wall Street, Jeff Bezos had recognized exactly how rapidly the Internet and with it Internet trade was developing. When the US Supreme Court ruled that same year that mail-order companies did not have to collect VAT from their customers in states in which they were not resident themselves,

Amazon’s acquisitions

Over the years, Amazon has bought up a large number of companies and startups. These were often very strategic decisions by Jeff Bezos and always had the background to make Amazon the market leader in other business areas.

The most important Amazon acquisitions sorted by price:

  • 2017: Whole Foods – $ 13.7 billion
  • 2009: Zappos – $ 1.20 billion
  • 2014: Twitch – $ 790 million
  • 2012: Kiva Systems – $ 780 million
  • 2017: Souq.com – $ 650 million
  • 2010: Quidsi – $ 550 million
  • 2015: Elemental Tech – $ 500 million
  • 2015: Annapurna Labs – $ 370 million
  • 2008: Audible – $ 300 million
  • 1999: Alexa – $ 250 million
  • 2013: Goodreads – $ 150 million
  • 2010: Woot – $ 110 million
  • 1999: Accept.com – $ 100 million
  • 1998: IMBD – $ 60 million

Incidentally, the Amazon boss bought the renowned newspaper “The Washington Post” for 250 million dollars in 2013 through his own “Nash Holdings LLC”.

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