What is Jeff Bezos net worth? – The Scottish Sun

Posted: May 14, 2020 at 6:03 pm

AMAZON founder Jeff Bezos is one of the richest men in history and could soon become the world's first trillionaire.

But who is the multi-billionaire Amazon founder, how did he start the gigantic tech company and what does he spend his money on?Here's what you need to know...

3

Jeff Bezos is the founder and CEO of online marketplace Amazon.

The businessman studied electrical engineering and computer science at Princeton University before working on Wall Street.

In 1994, Bezos, 56, founded Amazon from a garage - five years later he was named Time magazine's person of the year.

As well as Amazon the tech giant is the founder of Blue Origin, a company working to develop commercial space travel.

He also owns the Washington Post and is a volunteer firefighter.

Bezos is a massive Star Trek fan and had a cameo in the last movie, playing an alien Starfleet official.

Jeff Bezos is estimated to be worth over $140bn (112bn) and is on track to becoming the world's first trillionaire.

While the financial future looks bleak for many during the coronavirus crisis, it has never looked better for Bezos who has become even richer during the pandemic.

Amazon is now worth $1.1trillion with its shares hitting an all time high in April 2020.

It helped Bezos see his fortune grow by another $6.4billion.

Using data from the last five years of the Forbes Rich List, Comparisun worked out that Bezos' annual growth rate will make him a trillionaire in 2026 - when he is 62 years old.

The Amazon founder, who owns about 16 per cent of the business' shares, first featured in the Forbes rich list in 1998.

He became the richest man in history when his net worth reached 78bn ($105.5bn).

It made him the first person to amass a 12-digit fortune since Microsoft founder Bill Gates, who has given more than 44billion ($60billion) to charity, achieved the feat back in 1999.

3

Bezos wrote down the business plan for Amazon during a cross-country drive from New York to Seattle in 1994.

He initially set up the company in his garage after leaving his job at the hedge fund.

In May 2016, Bezos sold slightly more than one million shares of his holdings in the company for $671million (525million).

On August 4, 2016, he sold one million of his shares at a value of $756.7million (592.4million)

3

AMAZON CRIMEHow Saudi Prince 'taunted' Jeff Bezos over affair after 'hacking his phone'

Jeff Bezos married novelist MacKenzie Bezos in 1993 after meeting while working at a New York hedge fund.

They went on to have four children together.

On January 10, 2019, Bezos and wife MacKenzie revealed their 25-year marriage was over in a joint statement.

The divorce between the pair was finalised in April 2019, with Jeff keeping 75 per cent of the couple's stock amounting to about 81billion.

Since splitting, MacKenzie Bezos has stayed away from the limelight, while her former husband has become a fixture in the tabloids with Lauren Sanchez, his new girlfriend.

We pay for your stories! Do you have a story for The Sun Online news team? Email us attips@the-sun.co.ukor call 0207 782 4368. You canWhatsAppus on 07810 791 502. We pay for videos too. Clickhereto upload yours.

Find Amazon discount and offer codes with The Sun Vouchers

See original here:

What is Jeff Bezos net worth? - The Scottish Sun

Related Post