What is Jeff Bezos’ net worth? – The Sun | The Sun

JEFF BEZOS is the founder of Amazon – and one of the world's richest men.

Here, we find out more about how much he is worth and what other businesses he owns.

Who is Jeff Bezos?

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

He was born on January 12, 1964, as Jeffrey Preston Jorgensen, but took on his stepfather's surname aged four.

Bezos studied electrical engineering and computer science at Princeton University before working on Wall Street and in 1994, he started his entrepreneurial company, Amazon, out of his garage in Seattle, Washington.

Five years later, he was named Time magazine's person of the year.

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In addition to Amazon, the tech giant owns The Washington Post and is the founder of Blue Origin, a company he worked on to develop commercial space travel.

On February 2, 2021, he announced he was stepping down as CEO of Amazon, but stayed on as chair of the company.

What is Jeff Bezos' net worth?

Bezos was listed as one of Forbes top billionaires for 2022 for the third consecutive year but dropped from the number one spot to second to Tesla founder Elon Musk.

His net worth as of February 22, 2023, is $117billion, according to Forbes' real-time list, making him the third wealthiest man in the world.

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In August 2020, Bezos became the first person to amass a net worth of more than $200billion and in 2023, he reportedly makes around $1.6million annually.

When did Bezos found Amazon?

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

He quit his job at an investment bank to create Amazon which started out as a virtual bookstore.

He built the company out of his garage and sold his first book in 1995.

In 2005, he revolutionized the online retail world with the option of Amazon Prime which offered two-day shipping to customers for a $79 yearly fee causing other online retailers to amp up free and quick delivery options.

Bezos said his driving motive to pursue building his company was a fear of regret.

He told CNBC in 2020: "I wanted not to have regrets.

"I knew for a fact, I have this idea, and if I don’t try, I’m going to regret having never tried.

“And I know also, if I try and fail, I’ll never regret having tried and failed.

"As soon as I thought about it that way, I knew I had to try.”

He added: “What’s actually happened over the last 25 years is way beyond my expectations.

"I was delivering the packages myself, we were selling books.

"I was hoping to build a company, but not the company you see today."

How much did Jeff Bezos' divorce cost?

Jeff and novelist MacKenzie Scott met while working at a New York hedge fund and were married in 1993.

They went on to have four children.

Jeff and MacKenzie revealed their 25-year marriage was over in a joint statement and filed for divorce on January 10, 2019.

Their divorce was finalized in April 2019, with Jeff keeping 75 per cent of the couple's stock and the divorce settlement was agreed to at least $35billion, with MacKenzie also holding a four per cent stake in Amazon.

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