Now that his leadership role in one of the world’s most highly valued companies has drawn to a close, Bezos has affirmed his desire to continue investing in the Bezos Earth Fund, Blue Origin, and the Day One Fund, the latter of which strives to reduce the burdens of homelessness and establish preschools in low-income communities.
The S&P 500 and Nasdaq Composite surged to new record highs, even though last week’s high fliers — GameStop and AMC Theatres — plunged 80.4% and 48.5%, respectively. Here s what
Jeff Bezos in 1997.
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Although his boss at the firm tried to persuade Bezos to stay, he was already determined to start his own company he felt he d rather try and fail at a startup than never try at all, according to Brad Stone s book, The Everything Store.
Bezos and his then wife, MacKenzie, drove from Texas to Seattle and set up shop in a garage. Amazon was born.
In 1994, after seeing that the web had grown 2,300% in a single year, Bezos quit a lucrative job at hedge fund D.E. Shaw to sell books online.
Although his boss at the firm tried to persuade Bezos to stay, he was already determined to start his own company he felt he d rather try and fail at a startup than never try at all, according to Brad Stone s book, The Everything Store.
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Jeff Bezos has had an excellent pandemic. Since the global crisis began a year ago the Amazon.com founder and chief executive has seen his net worth jump by â¬59 billion to â¬156 billion.
His pile of money has grown by an average of â¬160 million a day or â¬1,850 every single second since the world started keeping its distance and washing its hands with the vigour of a heart surgeon heading into an operating theatre.
Based on such growth, Bezos earned around â¬15,000 in the time it has taken you to read this sentence.
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