[Latest] Jeff Bezos Net Worth 2024: Salary, Net Worth in Rupees (INR), Income

Many of you know the song “Bezos I,” which has the lyrics: “… CEO, Entrepreneur; Born 1964; Jeffrey; Jeffrey Bezos; … Come on, Jeffrey, you can do it; Pave the way, give it your all…” (This is not the end of the song).

So, now you can conclude who I’m talking about – Amazon founder Jeff Bezos. His journey from starting an online bookstore in 1994 to becoming one of the richest people in the world is truly inspiring.

Jeff Bezos, also known as Jeffery Bezos, born January 12, 1964, is an influential American business magnate, best known He is the founder and former CEO of Amazon, the world’s largest e-commerce and cloud computing company.

The successful business tycoon was recently ranked fourth on the Forbes list of the world’s richest people, with a net worth of over $200 billion (Rs 168 crore). His innovative thinking and relentless drive have propelled Amazon to incredible heights, revolutionizing the way we shop and consume goods.

Who is Jeff Bezos?

Amazon founder Jeff Bezos is currently the fourth richest individual in the world, having recently been surpassed by Mark Zuckerberg at third. Born on January 12, 1964 in Albuquerque, New Mexico, Bezos transformed the e-commerce landscape and ventured into space exploration with his company Blue Origin.

early life

  • Jeff Bezos’ parents were teenage Jaclyn Gies and Ted Jorgensen, who separated shortly after his birth.
  • At the age of four, he was adopted by Cuban immigrant Miguel Bezos, who had a major impact on his life.
  • Bezos showed his fascination with technology early on.
  • As a child, he converted his parents’ garage into a laboratory and built various contraptions.
  • The family moved to Houston, Texas, and Bezos attended River Oaks Elementary School before moving to Miami.
  • In 1982, he graduated as valedictorian from Miami Palmetto High School.
  • While in high school, he launched his first venture — a summer camp for underclassmen called Dream Academy — displaying his entrepreneurial spirit early.

educate

  • Bezos attended Princeton University, where he initially pursued a degree in physics but later transferred to electrical engineering and computer science.
  • He graduated with honors in 1986. At Princeton University, he was active in student organizations focused on space exploration.
  • He was recognized for his academic excellence and was elected to prestigious honor societies such as Phi Beta Kappa and Tau Beta Pi.

Career Highlights

  • After graduating from Princeton University, Bezos worked at various Wall Street firms, including Fitel and DE Shaw & Co., where he became the company’s youngest vice president at the age of 30.
  • In 1994, he realized the potential of the Internet, quit his well-paying job, and started Amazon.com in his Seattle garage.
  • Amazon started as an online bookstore and has since grown into one of the world’s largest e-commerce platforms, expanding its offerings through Amazon Web Services (AWS) to include cloud computing services and a variety of consumer products.
  • In addition to Amazon, Bezos also founded Blue Origin in 2000, aiming to reduce the cost of space travel and realize human space colonization. In 2013, he also acquired the Washington Post.

personal life

  • In 1993, Bezos married MacKenzie Scott.
  • They had four children but divorced in 2019.
  • After the divorce, he retained a large stake in Amazon, while Scott became known for his philanthropy.
  • As of October 2024, Bezos’s net worth is estimated to be approximately 1.68 billion Indian rupees, equivalent to approximately US$200 billion. He is currently in a relationship with Lauren Sanchez.

What is Jeff Bezos’s current net worth?

As of October 2024, Jeff Bezos’s net worth is estimated to be approximately $204.4 billion. This makes him the fourth richest person in the world, surpassed by Mark Zuckerberg, who has a net worth of approximately $206 billion.

7 little-known facts about Jeff Bezos

Here are some little-known facts about Jeff Bezos:

  1. Movie Cameo: Bezos made a cameo appearance in Star Trek Beyond, fulfilling a lifelong dream as a super fan of the series. He plays an alien Starfleet officer and showcases his passion for science fiction.
  2. Unique desk design: In the early days of Amazon, Bezos and his team used wooden doors for desks to save money. This thrifty approach became emblematic of Amazonian culture and is still quoted today.
  3. No alarm clock: Bezos doesn’t use an alarm clock and prioritizes getting enough eight hours of sleep each night, emphasizing the importance of rest in being productive.
  4. Superstitious ritual: He’s been known to wear “lucky boots” during Blue Origin rocket launches, believing they help prevent failure. This eccentric superstition reflected his attitude toward risk and success.
  5. Helicopter crash survivor: Bezos survived a helicopter crash in 2003 when strong winds caused the pilot to lose control. Fortunately, all passengers escaped safely without serious injuries.
  6. Space exploration pioneer: Bezos founded Blue Origin in 2000, two years before Elon Musk founded SpaceX. His vision for Blue Origin includes making space travel easier and eventually colonizing other planets.
  7. Charitable donations: In addition to his business ventures, Bezos has made significant donations to various causes, including pledging $690,000 to help fight Australian bushfires and donating $100 million to food banks during the COVID-19 pandemic.

Some of Jeff Bezos’ most ambitious projects

Jeff Bezos has embarked on several ambitious projects that reflect his vision for the future. Here are some worth noting:

  • Blue Origin: This aerospace company was founded in 2000 to reduce the cost of space travel and make it accessible to the public. Blue Origin’s New Shepard rocket successfully performed suborbital flights, and Bezos envisioned a future in which humans could colonize space, ultimately protecting Earth’s resources by moving some activities off Earth.
  • Ten Thousand Year Clock: Also known as the Ten Thousand Year Clock, this project aims to create a clock that can run for ten thousand years. Located within a mountain in West Texas, it is designed to encourage long-term thinking and reflection on the future of humanity.
  • Amazon Prime Air: This program focuses on using drones for package delivery and aims to revolutionize logistics and reduce delivery times. The project faces regulatory hurdles but represents a major leap forward for automated delivery systems.
  • Climate commitment: Bezos announced in 2019 a commitment for Amazon to become carbon neutral by 2040, a decade ahead of the Paris Agreement goal. This includes investments in renewable energy and electric transport vehicles, as well as a $100 million reforestation program.
  • Healthcare Ventures: Bezos founded Haven in partnership with Berkshire Hathaway and JPMorgan Chase to improve healthcare access for employees. The joint venture aims to reduce costs and improve patient satisfaction through innovative technology solutions.
  • Longevity Research Investments: In 2021, Bezos co-founded Altos Labs, a biotech company focused on reprogramming cells to develop therapies aimed at extending human lifespan. This reflects his interest in innovations for health and longevity.
  • Acquisition of the Washington Post: In 2013, Bezos purchased the newspaper for $250 million. He has since applied Amazon’s business strategies to modernize the publication, significantly increasing its reach and traffic while exploring new revenue models.

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