Whats more, the report also said that [197] By the time the Forbes list was calculated in March 2016, his net worth was registered at $45.2billion. [151][bettersourceneeded] In May 2014, the International Trade Union Confederation named Bezos the "World's Worst Boss", with its general secretary Sharan Burrow saying: "Jeff Bezos represents the inhumanity of employers who are promoting the North American corporate model",[152] while in 2019, Harvard Business Review, which ranked Bezos the best-performing CEO for 4 years in a row since 2014, did not rank him even in the top 100, citing Amazon's "relatively low ESG (environment, social, and governance) scores" that reflect "risks created by working conditions and employment policies, data security, and antitrust issues. WebJeff Bezos childhood. Scream? Entrepreneur and world-renowned e-commerce pioneer Jeff Bezos is something of a household name these days. In September 2016, Bezos received a $250,000 prize for winning the Heinlein Prize for Advances in Space Commercialization, which he donated to the Students for the Exploration and Development of Space. [162] When interviewing candidates for jobs at Amazon, he has stated he considers three inquiries: can he admire the person, can the person raise the common standard, and under what circumstances could the person become exemplary. His one line consisted of a response to an alien in distress: "Speak Normally." Will I regret missing the beginning of the Internet? Overtime raised $80 million in a Series C with investors including Bezos Expeditions, Drake and NBA stars including Devin Booker, Trae Young and Klay Thompson. [56] In response to critical reports from Fortune and Barron's, Bezos maintained that the growth of the Internet would overtake competition from larger book retailers such as Borders and Barnes & Noble. [230], In February 2020, Bezos purchased the Warner Estate from David Geffen for $165 million,[231][232] a record price paid for a residence in the Los Angeles area. [140][141] This perception was detailed by Alan Deutschman, who described him as "talking in lists" and "[enumerating] the criteria, in order of importance, for every decision he has made. All Rights Reserved. [51] In late 2002, rapid spending from Amazon caused it financial distress when revenues stagnated. [285], In September 2018, Business Insider reported that Bezos was the only one of the top five billionaires in the world who had not signed the Giving Pledge, an initiative created by Bill Gates and Warren Buffett that encourages wealthy people to give away a majority of their wealth. [247] Bezos and his now ex-wife MacKenzie are the parents of four children: three sons and one daughter adopted from China. [206] He is considered the first registered centi-billionaire (not adjusted for inflation). His wealth surpassed $100billion for the first time on November 24, 2017, and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112billion. [233], Bezos is the owner of the Y721, a luxury superyacht estimated to cost more than $500,000,000. This percentage increase ascended him to the 43rd spot on the ranking from 68th. ', "Country star Dolly Parton gets $100m award from Amazon founder Jeff Bezos", "Jeff Bezos announces 40 grants totaling $123 million to combat homelessness", "Jeff Bezos reveals what it's like to build an empire", "Inside Jeff Bezos's Washington D.C. Life", List of mergers and acquisitions by Amazon. [11] On July 5, 2021, Bezos stepped down as the CEO and President of Amazon and transferred to the role of executive chairman; Andy Jassy, the chief of Amazon's cloud computing division,[12][13] succeeded Bezos as the CEO and President of Amazon. Bezos affinity for the Seahawks goes back to 2019 when he attempted to woo the owners into selling the franchise to him. He was succeeded as CEO by Andy Jassy. "[153], During the late 2010s, Bezos reversed his reputation for being reluctant to spend money on non-business-related expenses. [102], In December 2017, New Shepard successfully flew and landed dummy passengers, amending and pushing its human space travel start date into late 2018. [68] On February 1, 2018, Amazon reported its highest ever profit with quarterly earnings of $2billion. [199] After sporadic jumps in Amazon's share price, in July 2017 he briefly unseated Microsoft cofounder Bill Gates as the wealthiest person in the world. Jeff Bezos has been continually linked to buying the Washington Commanders But he could pivot to buying the Seattle Seahawks, says a new report Click here for all [94] After the company gained the public's attention during the late 2000s, Bezos additionally indicated his interest in reducing the cost of space travel for humans while also increasing the safety of extraterrestrial travel. [28] His relative lack of philanthropy compared to other billionaires has drawn a negative response from the public since 2016. The company also and sells apparel with its logos and branding. Bezos' net worth is worth $119 billion, according to Forbes , and he'd likely be able to outbid other potential buyers. Billionaire Amazon and Washington Post Owner Jeff Bezos has reportedly come up short in his bid to buy the Washington Commanders football team. [47][48] With Bezos at the helm and Scott taking an integral role in its operationwriting checks, keeping track of the books, and negotiating the company's first freight contractsthe foundation was laid for this garage-run operation to grow exponentially. [143], Throughout his early years of ownership of The Washington Post, Bezos was accused of having a potential conflict of interest with the paper. [256][257][258] On April 4, 2019, the divorce was finalized, with Bezos keeping 75% of the couple's Amazon stock and MacKenzie getting the remaining 25% ($35.6billion) in Amazon stock. Since that report from November 2019, Bezos' ties with the NFL have only grown. However, Bezos would keep all of the couple's voting rights. [245], In 1992, Bezos was working for D. E. Shaw in Manhattan when he met novelist MacKenzie Tuttle, who was a research associate at the firm; the couple married a year later. Amazon.com, Inc. v. Barnesandnoble.com, Inc. Trial of Kenneth Lay and Jeffrey Skilling, https://en.wikipedia.org/w/index.php?title=Jeff_Bezos&oldid=1142501289, Businesspeople from Albuquerque, New Mexico, Fellows of the American Academy of Arts and Sciences, People who have flown in suborbital spaceflight, Princeton University School of Engineering and Applied Science alumni, CS1 maint: bot: original URL status unknown, Wikipedia pages semi-protected against vandalism, All Wikipedia articles written in American English, Pages using infobox person with multiple partners, Articles with failed verification from September 2020, Articles lacking reliable references from March 2021, Pages using Sister project links with hidden wikidata, Creative Commons Attribution-ShareAlike License 3.0, In 1999, Bezos received his first major award when, Bezos was awarded an honorary doctorate in science and technology from, In 2012, Bezos was named Businessperson of the Year by, 20142018, he was ranked the best-performing CEO in the world by, In September 2016, Bezos received a $250,000 prize for winning the, In February 2018, Bezos was elected to the. Bezos not only invested in the real estate startup's seed round in 2021, but he doubled down on that investment during the company's series A last year. [281][282] Saudi Arabia has denied the claim. [57] In 2002, Bezos led Amazon to launch Amazon Web Services, which compiled data from weather channels and website traffic. [63], In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671million, the largest sum he had ever raised from selling some of his Amazon stock. [261] Bezos donated $100,000 towards a movement against a Washington state income tax in 2010 for "top earners". in electrical engineering and computer science; he was also a member of Phi Beta Kappa. [264][265][266][267], In 2014, Amazon won a bid for a cloud computing contract with the CIA valued at $600million. It is the world's largest online sales company, the largest Internet company by revenue, and the largest provider of virtual assistants and cloud infrastructure services through its Amazon Web Services branch. No, Jeff Bezos does not own a sports team. [50] Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America, in part because the name begins with the letter A, which is at the beginning of the alphabet. WebHow did Jeff Bezos get rich? [268] A 2018, $10billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project, this time with the Pentagon, was allegedly written up in a way that favors Amazon. Got a confidential news tip? [271][272] On July 6, 2021, the Pentagon cancelled the JEDI contract with Microsoft, citing that "due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs. "Overtime has built an unrivaled brand and global community from scratch in just five years. For other people with the surname, see, Wealthiest people in the United States by state, All currency figures expressed in the United States dollar (US$) in, Many calculations of Bezos's wealth during the late 2010s were not, Students for the Exploration and Development of Space, Heinlein Prize for Advances in Space Commercialization, Reporters Committee for Freedom of the Press, undocumented immigrants brought to the United States as minors, 2021 United Nations Climate Change Conference, "Riding the Wild, Perilous Waters of Amazone.com", "Jeff Bezos Is Getting Astronaut Wings. Mark remembers his brother being extremely thin and basically eating whatever he wanted. A local newspaper quoted his intention "to get all people off the earth and see it turned into a huge national park". [92][248] Bezos and MacKenzie have not disclosed their religious status. But Soon, the F.A.A. 1) Hes capable of paying whatever for a team. Investors in OTE include Portland Trail Blazers forward Carmelo Anthony, Brooklyn Nets star Kevin Durant and Silicon Valley venture capital firm Andreessen Horowitz. [234], Bezos is known for creating an adversarial environment at Amazon, as well as insulting and verbally abusing his employees. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon. But if OTE players do not pursue a professional career, OTE will provide an additional $100,000 for college tuition. [117][118] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging. On Saturday, TheAthletic.com reported that Bank of America (which is handling the sale) has informed Bezos that hes out. As CBS Sports reported back in 2019, Bezos spent some time getting close with several owners back then and he had "strong support within the league" to become an owner at that point. [107] In July 2018, it was announced that Bezos had priced commercial spaceflight tickets from $200,000 to $300,000 per person.[108]. [112] In March 2014, Bezos made his first significant change at The Washington Post and lifted the online paywall for subscribers of a number of U.S. local newspapers in Texas, Hawaii, and Minnesota. As journalist Brad Stone revealed in his book The Everything Store, Bezos issued remarks to his employees such as "I'm sorry, did I take my stupid pills today? [295][bettersourceneeded] In June 2018, Bezos donated to Breakthrough Energy Ventures, a private philanthropic fund founded by Bill Gates aimed at promoting emissions-free energy. [287], In May 2017, Bezos gave $1million to the Reporters Committee for Freedom of the Press, which provides pro bono legal services for American journalists. Bezos retained his interest in The Washington Post and Blue Origin, as well as voting control of the shares received by his ex-wife. [3][4] He is the founder, executive chairman, and former president and CEO of Amazon. Bezos has turned this into his hobby, working with teams in submarines (sometimes bringing along his family) to retrieve these historic relics. He received Germany's 2018 Axel Springer Award for Business Innovation and Social Responsibility. In his initial discussion of the project which became Alexa with his technical advisor Greg Hart in 2011, Bezos told him that the goal was to create "the Star Trek computer. WebAmerican entrepreneur Jeff Bezos played a key role in the growth of e-commerce as the founder and chief executive officer of Amazon.com, Inc., an online retailer, Web services provider, and manufacturer of electronic book readers. Whats more, the report also said that He holds a degree in electrical engineering and computer science. People know the name and know it stands for greatness, perseverance and ultimate success. Altos Labs is a generously funded biotechnology company dedicated to harnessing cellular reprogramming to develop longevity therapeutics. [51], In 1998, Bezos diversified into the online sale of music and video, and by the end of the year he had expanded the company's products to include a variety of other consumer goods. [163], He meets with Amazon investors for a total of only six hours a year. [146][147] His physical appearance increased the public's perception of him as a symbolically dominant figure in business and in popular culture, wherein he has been parodied as an enterprising supervillain. Cry? Brin said in a blog post from 2008 that he [165][166] Bezos maintains the email address jeff@amazon.com[167] as an outlet for customers to reach out to him and the company. [34], Bezos attended the Student Science Training Program at the University of Florida. In February 2023, Bezos was presented with the, denotes retired vehicles, engines, products, This page was last edited on 2 March 2023, at 19:21. In March 2022, the NFL made a revolutionary move to deliver the Thursday Night Football media rights to Jeff Bezos streaming platform. Jeffrey Preston Jorgensen was born in Albuquerque, New Mexico, on January 12, 1964,[16] the son of Jacklyn (ne Gise) and Theodore Jrgensen. On July 20, 2021, he launched on the NS-16 mission with his half-brother Mark Bezos, Wally Funk, and Oliver Daemen. [97] In May 2013, Bezos met with Richard Branson, chairman of Virgin Galactic, to discuss commercial spaceflight opportunities and strategies. [136] Throughout the early 2000s, he was perceived to be geeky or nerdy. [7] The company has recruited prominent scientists such as Juan Carlos Izpisa Belmonte (known for work on rejuvenation through reprogramming), Steve Horvath (known for work in epigenetic aging clocks), and Shinya Yamanaka (the Nobel Prize-winning inventor of cellular reprogramming in mammalian cells). "We believe this is just the tip of the iceberg, as we develop new ways for Overtime to engage with and entertain the next generation of athletes and fans.". Jeff Bezos once tried to buy the Seattle Seahawks, even when they werent selling. Bezos rose to be the 5th richest person in the world hours before market close; he gained $7billion in one hour. [59][failed verification] In November 2007, Bezos launched the Amazon Kindle. What benefit would Bezos bring the league? Won't Award Them", "FAA Commercial Human Spaceflight Recognition", "Bloomberg Billionaire Index Jeff Bezos", "Meet Altos Labs, Silicon Valley's latest wild bet on living forever", "This Is The Richest Person in the World", "Jeff Bezos Becomes The First Person Ever Worth $200 Billion", "Amazon CEO Jeff Bezos grows fortune by $24bn amid coronavirus pandemic", "Jeff Bezos to Step Down as Amazon C.E.O. [1/2] Sep 15, 2022; Kansas City, Missouri, USA; Amazon executive chairman Jeff Bezos in attendance before the Kansas City Chiefs play against the Los Angeles [157][158], Bezos used what he called a "regret-minimization framework" while he worked at D.E. Shaw and again during the early years of Amazon. [77], Criticism of Amazon's business practices continued in September 2018 when Senator Bernie Sanders introduced the Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act and accused Amazon of receiving corporate welfare. Overtime's basketball league offers $100K salaries to teen players. The Washington Post reported that Jones may be leaning on Dan Snyder to sell [276][277], In March 2018, Bezos met in Seattle with Mohammad bin Salman, the crown prince and de facto ruler of Saudi Arabia, to discuss investment opportunities for Saudi Vision 2030. [145] His physical transformation has been compared to the transformation of Amazon; he is often referred to as the metonym of the company. Day 1 Families Fund grants, the amounts of which vary in monetary terms, will be sent to 40 organizations across the country.[309]. [105][106] In May 2018, Bezos maintained that the primary goal of Blue Origin is to preserve the natural resources of Earth by making the human species multi-planetary. With a net worth of US$128 billion as of February 2023, Bezos is the third-wealthiest person in the world and was the wealthiest from 2017 to 2021 according to both Bloomberg's Billionaires Index and Forbes.[5][6]. [38][39] While at Princeton, Bezos was a member of the Quadrangle Club, one of Princeton's 11 eating clubs. No. The company said its content is streamed more than 1.7 billion times a month across all social platforms. Billionaire Tim Koch has always loved adventure, from riding horses to exploring the The fundraising comes more than a month after Overtime announced a paid basketball league for young players. [110] To execute the sale, he established limited liability company Nash Holdings to serve as a holding company through which he would own the newspaper. Then Bezos called his bluff", "Why Amazon's collaboration with the CIA is so ominous and vulnerable", "DoD's $10B cloud contract comes under protest 11 days after final RFP", "Microsoft wins Pentagon's $10bn cloud computing contract", "Amazon suing Pentagon over $10B cloud contract, alleging 'bias', "Pentagon cancels $10 billion JEDI cloud contract that Amazon and Microsoft were fighting over", "Amazon Pushes ICE to Buy Its Face Recognition Surveillance Tech", "Amazon's growing spending on Seattle politics includes a spate of donations from Jeff Bezos' 'S Team', "Jeff Bezos donates $100M to the Obama Foundation in honor of Congressman John Lewis", "Jeff Bezos donates to Obama Foundation in honor of John Lewis", "Saudi crown prince meets Amazon CEO Jeff Bezos in Seattle", "Saudi Arabia 'hacked Amazon boss's phone', says investigator", "Jeff Bezos hack: Amazon boss's phone 'hacked by Saudi crown prince', "Jeff Bezos hack: Saudi Arabia calls claim 'absurd', "Fred Hutch receives $35million donation, largest ever, from Bezos family", "Amazon CEO Jeff Bezos and family donate $20M to Fred Hutchinson Cancer Research Center", "Jeff Bezos is the richest man in modern history here's how he spends on philanthropy", "Unanswered questions about Jeff Bezos' new $2billion philanthropic fund", "Jeff Bezos just gave $1million to the Reporters Committee for Freedom of the Press", "Jeff Bezos wants to give more money to charity. Jeff Bezos saw his wealth slashed by $20 billion on Friday, cutting him to No. Notably, journalist Brad Stone wrote a book that described Bezos as a demanding boss as well as hyper-competitive,[133][140] and opined that Bezos perhaps "bet the biggest on the Internet" than anyone else. 3 among the worlds richest, after Amazons stock tanked following a downbeat The first centibillionaire on the Forbes wealth index,[8] Bezos was named the "richest man in modern history" after his net worth increased to $150billion in July 2018. [143][144], During the early 2010s, Bezos solidified his reputation for aggressive business practices, and his public image began to shift. [227], In June 2019, Bezos purchased three adjoining apartments overlooking Madison Square Park in Manhattan, including a penthouse, for a combined total of US$80million, making this one of the most expensive real estate purchases within New York City in 2019. Amazon founder Jeff Bezos and music industry star Drake are investing in Overtime as part of a new $80 million round of funding for the sport startup, which is [44] Bezos was promoted to head of development and director of customer service thereafter. He then joined D. E. Shaw & Co, a newly created hedge fund with a strong emphasis on mathematical modelling in 1990 until 1994. [104] Since 2016, Bezos has spoken more freely about his hopes to colonize the solar system, and has been selling US$1 billion in Amazon stock each year to capitalize Blue Origin in an effort to support this endeavor. The Washington Post reported back then that Bezos was interested in buying the Seahawks. [45][43], In late 1993, Bezos read that the Internet was growing at a rate of 2300% a year and decided to establish an online bookstore. [235] Bezos and the newspaper's editorial board have dismissed accusations that he unfairly controlled the paper's content and Bezos maintains the paper's independence. Web[DanSnydersYacht] Did Jerry Jones meet with Jeff Bezos to discuss the Commanders sale?!! Well, if youre Amazon founder Jeff Bezos you may just BUY that show and add it to your own streaming platform. Mind-boggling", "If You Invested in Amazon at Its IPO, You Could Have Been a Millionaire", "The electricity metaphor for the web's future", "How Jeff Bezos was selected for, but never joined, the Defense Innovation Board", "Bezos Jeffrey P.: Insider Trading Transactions", "Amazon posts quarterly profit of $1.9billion, its highest ever", "Bezos is putting $1billion a year into rocket-maker Blue Origin by selling Amazon stock", "Billionaire Jeff Bezos Will Star in Amazon's Super Bowl Ad", "Amazon posts largest profit in its history on sales, tax boost", "After losing China, Jeff Bezos really wants to win in India", "Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion", "Five Things You Need to Know to Start Your Day", "Forget Zuckerberg: Why Trump Is "Obsessed" with Breaking Bezos", "The World's Richest Man Just Lost $10.7 Billion as Trump Tweets About Amazon", "Why a Trump-Led Antitrust Case Against Amazon Is a Long Shot", "Congress demands Jeff Bezos explain Amazon's face recognition software", "Bernie Sanders introduces 'Stop BEZOS Act', "Bernie Sanders introduces 'Stop BEZOS' bill to tax Amazon for underpaying workers", "Bernie Sanders's BEZOS bill takes aim at how Amazon pays workers", "Bernie Sanders targets Amazon, Walmart with 100% tax", "What the Bernie Sanders Amazon welfare fight is really about", "Amazon to raise minimum wage to $15 for all U.S. workers", "Why Amazon really raised its minimum wage to $15", "Amazon.com Announces Financial Results and CEO Transition", "NBC News reports Jeff Bezos' intention to stand down as CEO of Amazon in the third quarter of 2021", "Former Blue Origin president Rob Meyerson leaves Jeff Bezos' space venture", "Buzz in West Texas is about Jeff Bezos space craft launch site", "Jeff Bezos Owns the Web in More Ways Than You Think", "Taking the long view: Jeff Bezos, the founder and chief executive of Amazon, owes much of his success to his ability to look beyond the short-term view of things", "Unplugged: Richard Branson's otherworldly space quest", "Three Billionaires Are Racing to Space. The previous record high price of $150 million was paid by Lachlan Murdoch for the Chartwell Mansion. Teds grandfather had immigrated from now Denmark to Chicago around 1900. That $250,000 investment resulted in 3.3million shares of Google stock, worth about $3.1billion in 2017. [32][33] While Jeff was in high school, he worked at McDonald's as a short-order line cook during the breakfast shift. [74] Amazon's share price fell by 9% in response to the President's negative comments; this reduced Bezos's personal wealth by $10.7billion. He was born in Albuquerque, New Mexico as Jeffrey Preston Jorgensen, the son of Jacklyn & Theodore Ted Jorgensen. [214] According to Quartz, his net worth of $150billion in July 2018 was enough to purchase the entire stock markets of Nigeria, Hungary, Egypt, Luxembourg, and Iran. This increase outstripped the economic development (in GDP terms) of more than 96 countries around the world. [201] His net worth surpassed $100billion for the first time on November 24, 2017, after Amazon's share price increased by more than 2.5%. [296] In September 2018, Bezos donated $10million to With Honor, a nonpartisan organization that works to increase the number of veterans in political office. [160] Journalist Walt Mossberg dubbed the idea that someone who cannot tolerate criticism or critique shouldn't do anything new or interesting "The Bezos Principle". ", "Jeff Bezos and MacKenzie Bezos have finalized their divorce agreement, and he's getting 75% of the Amazon shares and voting control of the rest", "Jeff Bezos Buys Three Manhattan Apartments for $80 Million The combined space totals 17,000 square feet", "Amazon's Jeff Bezos Stiffs Tommy Mottola In $7.65 Million Deal", "Will Jeff Bezos live in one of his Upper West Side apartments when Amazon comes to town? Jeff Bezos quit his job at an investment bank in 1994 and moved to Seattle, Washington, to open a virtual bookstore. [24] Jeff attended River Oaks Elementary School in Houston from fourth to sixth grade. TheAthletic.com also reports that Bezos has been prevented from bidding on the team Since that report from November 2019, Bezos' ties with the NFL have only grown. He believes that work and home life are interconnected, informing and calibrating each other. Watch Blue Origin Fly 'Mannequin Skywalker' to Space and Back", "Blue Origin plans growth spurt this year", "Jeff Bezos Says He Is Selling $1 Billion a Year in Amazon Stock to Finance Race to Space", "Jeff Bezos: Blue Origin Wants to Colonize the Solar System", "Jeff Bezos: 'We will have to leave this planet and it's going to make this planet better', "Exclusive: Jeff Bezos plans to charge at least $200,000 for space", "Washington Post to be sold to Jeff Bezos", "Jeff Bezos is buying The Washington Post. On Friday night, the New York Postreported that Amazon founder Jeff Bezos has been benched from bidding on the team. [293][294], 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. [211] Bezos's net worth increased by $33.6billion from January 2017 to January 2018. He once spent three [213] The Motley Fool estimated that if Bezos had not sold any of his shares from its original public offering in 1997, his net worth would sit at $181billion in 2018. [185] He was first included on the Forbes World's Billionaires list in 1999 with a registered net worth of $10.1billion. More significantly, Perez reports that Amazon founder Jeff Bezos has yet to make a bid. A.J. [168] Bezos has cited Jeff Immelt (of New Enterprise Associates),[169] Warren Buffett (of Berkshire Hathaway), Jamie Dimon (of JPMorgan Chase), and Bob Iger (of Walt Disney) as major influences on his leadership style. "[254] Bezos's family corporation Zefram LLC is named after Zefram Cochrane, a character from Star Trek. There are really three things to look at here. [135] His business practices projected a public image of prudence and parsimony with his own wealth and that of Amazon. Jeff Bezos is a gamer if you count flying rockets into space, co-founder of Amazon-owned Twitch says. $3,487 is divided by 47, a fraction. [116] He was one of the first shareholders in Google, when he invested $250,000 in 1998. [204], On March 6, 2018, Bezos was designated the wealthiest person in the world, with a registered net worth of $112billion. [132] During the 1990s, Bezos earned a reputation for relentlessly pushing Amazon forward, often at the expense of public charity and social welfare. [67] On January 29, 2018, he was featured in Amazon's Super Bowl commercial. [289][290] A year later in June, he tweeted that he would announce two philanthropic foci by the end of summer 2018. "I don't want to drag anybody around," he said . "[137] Select accounts of his persona have drawn controversy and public attention. [9] In August 2020, according to Forbes, he had a net worth exceeding $200billion. He has also supported Democrats U.S. representative John Conyers, as well as Patrick Leahy and Republican Spencer Abraham, U.S. senators serving on committees dealing with Internet-related issues. [18] Jrgensen was a Danish American and was born in Chicago to a family of Baptists. The company formally launched on July 16, 1995. The letter demanded "Fair wages; fair benefits for retirement, family leave and health care; and a fair amount of job security. What would you do if your favorite TV show was CANCELED?! [190] From 2005 to 2007, he quadrupled his net worth to $8.7billion. [75] Weeks later, Bezos recouped his losses when academic reports out of Stanford University indicated that Trump could do little to regulate Amazon in any meaningful way. [121][122], Bezos also supports philanthropic efforts through direct donations and non-profit projects funded by Bezos Expeditions. [52] In addition, he regarded "Amazon," the name of the world's largest river as fitting for what he hoped would become the world's largest online bookstore. Does Jeff Bezos Own a Sports Team? From being spotted at the Super Bowl to sharing drinks with NFL team owners, Jeff Bezos seems to love sports, but does he own his own team? No, Jeff Bezos does not own a sports team. Nonetheless, he certainly has enough money to buy a sports team with the fortune he has accumulated from Amazon.
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