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Jeff Bezos

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Jeffrey Preston Bezos (/ˈbeɪzoʊs/ BAY-zohss; né Jorgensen; born January 12, 1964) is an American businessman, media proprietor and financial specialist. He is the originator, official chairman, and previous president and CEO of Amazon, the world’s biggest e-commerce and cloud computing company. He is the third-wealthiest individual within the world, with a net worth of around US$180 billion as of January 2024.

He was the wealthiest from 2017 to 2021, concurring to both the Bloomberg Extremely rich people Record and Forbes.[4] Bezos was born in Albuquerque and raised in Houston and Miami. He graduated from Princeton College in 1986 with degrees in electrical designing and computer science. He worked on Divider Road in a assortment of related areas from 1986 to early 1994. Bezos established Amazon in mid 1994 on a street trip from Modern York City to Seattle.

The company started as an internet bookstore and has since extended to a assortment of other e-commerce items and administrations, counting video and sound gushing, cloud computing, and manufactured insights. It is the world’s biggest online deals company, the biggest Web company by income, and the biggest supplier of virtual collaborators and cloud foundation administrations through its Amazon Web Administrations branch. Bezos established the aviation producer and sub-orbital spaceflight administrations company Blue Root in 2000. Blue Origin’s Unused Shepard vehicle come to space in 2015 and a short time later effectively landed back on Soil; he flew into space on Blue Root NS-16 in 2021. He moreover acquired the major American daily paper

The Washington Post in 2013 for $250 million and oversees numerous other speculations through his wander capital firm, Bezos Undertakings. In September 2021, Bezos co-founded Altos Labs with Mail.ru author Yuri Milner The to begin with centibillionaire on the Forbes Genuine Time Extremely rich people List and the moment ever to have obscured the accomplishment since Charge Gates in 1999, Bezos was named the “wealthiest man in advanced history” after his net worth expanded to $150 billion in July 2018.

In Eminent 2020, concurring to Forbes, he had a net worth surpassing $200 billion. On July 5, 2021, Bezos ventured down as the CEO and president of Amazon and took over the part of official chairman. Amazon Web Administrations CEO Andy Jassy succeeded Bezos as the CEO and president of Amazon. In October 2023, he was positioned moment on the Forbes 400 list of wealthiest Americans, with a net worth of $161 billion

Early life and education

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jeffrey Preston Jorgensen was born on January 12, 1964, in Albuquerque, Unused Mexico, as the child of Jacklyn (née Gise) and Ted Jorgensen. At the time of Jeff’s birth, his mother was a 17-year-old high-school understudy and his father was 19-years-old. Jorgensen was a Danish American unicyclist born in Chicago to a family of Baptists.After completing tall school in spite of challenging conditions, Jacklyn gone to night school, bringing her infant with her.

Jeff gone to a Montessori school in Albuquerque when he was 2 a long time old.Ted Jorgensen drank and battled financially. Jacklyn cleared out her spouse to live with her guardians, recording for separate in June 1965 when Jeff was 17 months old.After his guardians separated, his mother hitched Cuban foreigner Miguel “Mike” Bezos in April 1968. In the blink of an eye after the wedding, Mike received four-year-old Jeff, whose surname was at that point lawfully changed from Jorgensen to Bezos.[ Gise, her spouse and her child cleared out the region and inquired Jorgensen to suspend contact, to which he agreed.After Mike had gotten his degree from the College of Unused Mexico, the family moved to Houston, Texas, so that he seem start working as an design for Exxon.

Jeff gone to Waterway Oaks Basic School in Houston from fourth to 6th grade.[20] Jeff’s maternal granddad was Lawrence Preston Gise, a territorial chief of the U.S. Nuclear Vitality Commission (AEC) in Albuquerque. Lawrence resigned early to his family’s farm close Cotulla, Texas, where Jeff would spend numerous summers in his youth. Jeff would afterward buy this farm and grow it from 25,000 sections of land (10,117 ha) to 300,000 sections of land (121,406 ha)

Jeff shown logical interface and mechanical capability and once fixed an electric alert to keep his more youthful kin out of his room. The family moved to Miami, Florida, where Jeff gone to Miami Palmetto Tall School.Whereas Jeff was in tall school, he worked at McDonald’s as a short-order line cook amid the breakfast shift.Bezos gone to the Understudy Science Preparing Program at the College of Florida. He was tall school valedictorian, a National Justify Scholar, and a Silver Knight Grant victor in 1982.

In his graduation discourse, Bezos told the gathering of people he envisioned of the day when mankind would colonize space. A neighborhood daily paper cited his intention “to urge all individuals off the soil and see it turned into a colossal national park”.After graduating from tall school in 1982, Bezos gone to Princeton College. He at first majored in material science but afterward exchanged to electrical designing and computer science.

Bezos was a part of the Quadrangle Club, one of Princeton’s 11 eating clubs. In expansion, he was the president of the Princeton chapter of the Understudies for the Investigation and Advancement of Space (SEDS).He had a 4.2 GPA and was chosen to Phi Beta Kappa and Tau Beta Pi. Bezos graduated from Princeton in 1986 with a Lone ranger of Science in Designing (BSE), summa cum laude

Business career

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After Bezos graduated from college in 1986, he was advertised occupations at Intel, Chime Labs, and Andersen Counseling, among others.He to begin with worked at Fitel, a fintech broadcast communications start-up, where he was entrusted with building a arrange for worldwide trade. Bezos was advanced to head of advancement and chief of client benefit from that point. He transitioned into the keeping money industry when he got to be a item director at Investors Believe from 1988 to 1990.

He at that point joined D. E. Shaw & Co, a recently made fence support with a solid accentuation on scientific demonstrating from 1990 until 1994. Bezos got to be D. E. Shaw’s fourth senior vice-president by age 30 Amazon Primary article: Amazon Bezos (front push, center) at the Robot Co-op in 2005 In spring 1994, Bezos perused that web utilization was developing at a rate of 2300% a year and in the long run chosen to set up online bookstore. He and his then-wife, MacKenzie Scott, cleared out their occupations at D. E. Shaw and established Amazon in a leased carport in Bellevue, Washington on

July 5, 1994, after composing its trade arrange on a cross-country drive from Unused York City to Seattle With Bezos at the rudder and Scott taking an necessarily part in its operation—writing checks, keeping track of the books, and arranging the company’s to begin with cargo contracts—the establishment was laid for this garage-run operation to develop exponentially. Earlier to settling in Seattle, Bezos had explored setting up his company at an Indian reservation close San Francisco in arrange to dodge paying taxes.

Bezos at first named his unused company Cadabra but afterward changed the title to Amazon after the Amazon Stream in South America, in portion since the title starts with the letter A, which is at the starting of the alphabet. At the time, site postings were alphabetized, so a title beginning with “A” would show up sooner when clients conducted online searches. In expansion, he respected “Amazon,” the title of the world’s biggest waterway as fitting for what he trusted would ended up the world’s biggest online bookstore. He acknowledged an assessed $300,000 from his guardians as an speculation in Amazon

. He cautioned numerous early financial specialists that there was a 70% chance that Amazon would come up short or go bankrupt. In spite of the fact that Amazon was initially a web bookstore, Bezos had continuously arranged to extend to other products. Three a long time after Bezos founded Amazon, he took it open with an introductory open advertising (IPO).In reaction to basic reports from Fortune and Barron’s, Bezos kept up that the development of the Web would surpass competition from bigger book retailers such as Borders and Barnes & Noble.

In 1998, Bezos broadened into the online deal of music and video, and by the conclusion of the year he had extended the company’s items to incorporate a assortment of other shopper goods.[46] Bezos utilized the $54 million raised amid the company’s 1997 value advertising to fund the forceful securing of littler competitors. In 2000, Bezos borrowed $2 billion from banks, as its cash equalizations plunged to as it were $350 million.In 2002, Bezos driven Amazon to dispatch Amazon Web Administrations, which compiled information from climate channels and site traffic.In late 2002, quick investing from Amazon caused it money related trouble when incomes stagnated.

After the company about went bankrupt, he closed conveyance centers and laid off 14% of the Amazon workforce. In 2003, Amazon bounced back from budgetary flimsiness and turned a benefit of $400 million[failed confirmation] In November 2007, Bezos propelled the Amazon Kindle.Concurring to a 2008 Time profile, Bezos wished to form gadget that permitted a “stream state” in perusing comparable to the encounter of video games. In 2013, Bezos secured a $600-million contract with the Central Insights Office (CIA) on sake of Amazon Web Services. In October of that year, Amazon was recognized as the largest online shopping retailer within the world

In Walk 2018, Bezos dispatched Amit Agarwal, Amazon’s worldwide senior bad habit president, to India with $5.5 billion to localize operations all through the company’s supply chain routes. Afterward within the month, U.S. President Donald Trump charged Amazon and Bezos, particularly of deals charge evasion, abusing postal courses, and anti-competitive commerce practices. Amazon’s share cost fell by 9% in reaction to the President’s negative comments; this diminished Bezos’s individual riches by $10.7 billion. Weeks afterward, Bezos recovered his misfortunes when scholarly reports out of Stanford College demonstrated that Trump seem do small to direct Amazon in any significant way.

Amid July 2018, a number of individuals of the U.S. Congress called on Bezos to detail the applications of Amazon’s confront acknowledgment computer program, Rekognition. Bezos on October 25, 2017, on his visit to Los Angeles Discuss Drive Base. Feedback of Amazon’s trade hones proceeded in September 2018 when Representative Bernie Sanders presented the Halt Awful Managers by Focusing Out Endowments (Halt BEZOS) Act and blamed Amazon of getting corporate welfare. This taken after disclosures by the non-profit gather Modern Nourishment Economy which found that one third of Amazon specialists in Arizona, and one tenth of Amazon specialists in Pennsylvania and Ohio, depended on nourishment stamps.

While preparing to present the charge, Sanders opined: “Rather than endeavoring to investigate Defaces or go to the moon, how almost Jeff Bezos pays his laborers a living wage?” He afterward said: “Bezos seem play a significant part. In the event that he said nowadays, no one who is utilized at Amazon will get less than a living wage, it would send a message to each organization in America.”Sanders’s endeavors evoked a reaction from Amazon which pointed to the 130,000 employments it created in 2017 and called the $28,446 figure for its middle compensation “deceiving” because it included part-time workers.Be that as it may, Sanders countered that the companies focused on by his proposition have set an expanded center on part-time specialists to elude advantage obligations.

On October 2, 2018, Bezos reported a company-wide wage increment, which Sanders applauded. The American specialists who were being paid the least wage had this expanded to $15 per hour, a choice that was translated as bolster for the Battle for $15 movement.[81] In February 2021, Bezos reported that within the third quarter of 2021 he would step down from his part as CEO of Amazon to gotten to be the Official Chairman of the Amazon Board. He was succeeded as CEO by Andy Jas On February 2, 2021, Bezos sent an emailto all Amazon workers, telling them the move would allow him “the time and vitality [he] need[s] to center on the Day 1 Finance, the Bezos Soil Support, Blue Beginning, The Washington Post, and [his] other interests

 

Bezos Expedition

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Bezos makes individual ventures through his wander capital vehicle, Bezos Expeditions.He was one of the primary shareholders in Google, when he contributed $250,000 in 1998. That $250,000 venture come about in 3.3 million offers of Google stock, worth almost $3.1 billion in 2017. He moreover contributed in Solidarity Biotechnology, a life-extension inquire about firm trusting to slow or halt the method of aging. Bezos is included within the healthcare segment which incorporates speculations in Solidarity Biotechnology, Vessel, Juno Therapeutics, and Zocdoc.

In January 2018, an declaration was made concerning Bezos’s part inside a unused, anonymous healthcare company. This wander, afterward named Safe house, is anticipated to be a association between Amazon, JPMorgan, and Berkshire Hathaway. Bezos too bolsters magnanimous endeavors through coordinate gifts and non-profit ventures supported by Bezos Expeditions. Bezos utilized Bezos Undertakings to finance a few charitable ventures, counting an Development center at the Seattle Exhibition hall of History and Industry and the Bezos Center for Neural Circuit Elements at Princeton Neuroscience Institute.

In 2013, Bezos Endeavors financed the recuperation of two Saturn V first-stage Rocketdyne F-1 motors from the floor of the Atlantic Ocean.They were emphatically recognized as having a place to the Apollo 11 mission’s S-1C arrange from July 1969.The motors are as of now on show at the Seattle Gallery of Flight. Altos Labs Main article: Altos Labs In September 2021, Bezos co-founded Altos Labs with Mail.ru author Yuri Milner. Altos Labs could be a biotechnology company devoted to saddling cellular reconstructing to create life span therapeutics.The company has enlisted unmistakable researchers such as Juan Carlos Izpisúa 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).The company left stealth mode and launched on January 19, 2022, with a start capital of $3 billion and an executive team led by Hal Barron

Public image

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Writer Nellie Bowles of The Unused York Times has depicted the open persona and identity of Bezos as that of “a brilliant but puzzling and coldblooded corporate titan”. Amid the 1990s, Bezos earned a notoriety for tirelessly pushing Amazon forward, frequently at the cost of open charity and social welfare. Writer Stamp O’Connell criticized Bezos’s tireless client center as “exceptionally little” in terms of affect on humankind as a whole,a opinion technologist Tim O’Reilly concurred with. His trade hones anticipated a open picture of judiciousness and niggardliness with his claim riches which of Amazon. In 1999, Bezos was worth $10 billion however drove a 1996 Honda Accord.

All through the early 2000s, he was seen to be geeky or nerdy.Bezos was seen by a few as unnecessarily quantitative and data-driven. This discernment was point by point by Alan Deutschman, who portrayed him as “talking in records” and “[counting] the criteria, in arrange of significance, for each choice he has made.” Select accounts of his persona have drawn contention and open consideration. Strikingly, writer Brad Stone composed a book that depicted Bezos as a requesting boss as well as hyper-competitive, and opined that Bezos maybe “wagered the greatest on the Web” than anybody else.

Bezos has been characterized as a famously deft CEO who works with small concern for deterrents and externalities.Amid the early 2010s, Bezos set his notoriety for forceful trade hones, and his open picture started to move. Bezos begun to wear custom fitted clothing; he weight prepared, sought after a controlled eat less and started to unreservedly spend his money. His physical change has been compared to the change of Amazon; he is regularly alluded to as the metonym of the company.His physical appearance expanded the public’s recognition of him as a typically prevailing figure in trade and in well known culture, wherein he has been satirize as an ambitious supervillain.

Since 2017, he has been depicted by Kyle Mooney and Steve Carell on Saturday Night Live, as a rule as an undermining, overbearing figure.[150][better source required] In May 2014, the Universal Exchange Union Confederation named Bezos the “World’s Most noticeably awful Boss”, with its common secretary Sharan Burrow saying: “Jeff Bezos speaks to the savagery of managers who are advancing the North American corporate model”,whereas in 2019, Harvard Trade Survey, which positioned Bezos the best-performing CEO for 4 a long time in a push since 2014, did not rank him indeed within the best 100, citing Amazon’s “moderately moo ESG (environment, social, and administration) scores” that reflect “dangers made by working conditions and business approaches, information security, and antitrust issues.”

[ Amid the late 2010s, Bezos turned around his notoriety for being hesitant to spend cash on non-business-related expensesHis relative need of magnanimity compared to other extremely rich people has drawn a negative reaction from the open since 2016. Bezos has been known to freely challenge claims made in basic articles, as exemplified in 2015 when he sent a reminder to workers upbraiding a Modern York Times piece

Leadership style

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Bezos utilized what he called a “regret-minimization system” whereas he worked at D. E. Shaw and once more amid the early a long time of Amazon. He depicted this life reasoning by expressing: “When I’m 80, am I progressing to lament taking off Divider Road? No. Will I lament lost the starting of the Web? Yes.” Amid the 1990s and early 2000s at Amazon, he was characterized as attempting to evaluate all perspectives of running the company, frequently posting representatives on spreadsheets and basing official choices on data.

To push Amazon forward, Bezos created the mantra “Get Enormous Quick“, building up the company’s got to scale its operations to create showcase dominance. He favored occupying Amazon profits back into the company in lieu of designating it among shareholders within the frame of dividends. Bezos employments the term “work–life concordance” rather than the more standard “work–life adjust” since he accepts that adjust suggests merely can as it were have one and not the other. He accepts that work and domestic life are interconnected, educating and calibrating each other. Writer Walt Mossberg named the thought that somebody who cannot tolerate feedback or evaluate ought to not do anything unused or curiously

 “The Bezos Principle”.Bezos does not plan early morning gatherings and upholds a two-pizza rule—a inclination that gatherings are little sufficient for two pizzas to bolster everybody within the boardroom.[161] When meeting candidates for employments at Amazon, he has expressed he considers three request: can he appreciate the individual, can the individual raise the common standard, and beneath what circumstances might the individual ended up exemplary.

In 2018, it was detailed that he met with Amazon speculators for fair six hours a year. Rather than utilizing introduction slides, Bezos requires high-level employees to show data with six-page narratives. Since 1998, Bezos has distributed an yearly letter for Amazon shareholders wherein he as often as possible alludes to five standards: center on clients, not competitors; take dangers for advertise administration; encourage staff resolve; construct a company culture; and engage people. Bezos keeps up the mail address jeff@amazon.com as an outlet for clients to reach out to him and the company. In spite of the fact that he does not react to the emails, he advances a few of them with a address check within the subject line to officials, who at that point endeavor to address the issues.

Bezos has cited Jeff Immelt of Unused Venture Associates, Warren Buffett of Berkshire Hathaway, Jamie Dimon of JPMorgan Chase, and Bounce Iger of The Walt Disney Company as major impacts on his administration style

Wealth

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Bezos to begin with got to be a tycoon in 1997 after raising $54 million through Amazon’s introductory open advertising (IPO).He was to begin with included on the Forbes World’s Extremely rich people list in 1999 with an assessed net worth of $10.1 billion, which put his on the 19th position within the world and 10th within the USA.His net worth diminished to $6.1 billion a year afterward, a 40.5% drop.[188] His riches dove indeed more the taking after year, dropping 66.6% to $2.0 billion.

He misplaced $500 million the taking after year, which brought his net worth down to $1.5 billion.[190] The taking after year, his net worth expanded by 66.66% to $2.5 billion. From 2005 to 2007, he quadrupled his net worth to $8.7 billion.After the budgetary emergency and succeeding financial subsidence, his net worth would diminish to $6.8 billion—a 17.7% drop. His riches rose by 85.2% in 2010, taking off him with $12.6 billion. This rate increment rose him to the 43rd spot on the positioning from 68th After a rumor broke out that Amazon was creating a smartphone,

Bezos’s net worth rose to $30.5 billion in 2014. A year afterward, he entered the best ten when he expanded his net worth to a add up to of $50.3 billion. Bezos rose to ended up the fifth wealthiest individual within the world hours some time recently advertise near; he picked up $7 billion in one hour. By the time the Forbes list was calculated in Walk 2016, his net worth was enlisted at $45.2 billion In any case, fair months afterward in October 2016, his riches expanded by $16.2 billion to $66.5 billion, informally positioning him the third-richest individual within the world, behind Warren Buffett.[200] After intermittent hops in Amazon’s share cost, in July 2017 he briefly unseated Microsoft co-founder Charge Entryways as the wealthiest person within the world.

The net worth of Jeff Bezos from 1999 to 2018 as evaluated by Forbes magazine, within the ostensible U.S. dollar. His net worth is calculated within the billions by Walk of each year. Bezos would proceed to sporadically surpass Gates all through the month of October 2017 after Amazon’s share cost fluctuated. His net worth outperformed $100 billion for the primary time on November 24, 2017, after Amazon’s share cost expanded by more than 2.5%.

When the 2017 list was issued, Bezos’s net worth was enrolled at $72.8 billion, including $27.6 billion from the past year.[204] His wealth’s fast development from 2016 to 2017 started a assortment of appraisals approximately how much cash Bezos earned on a controlled, decreased time scale. On October 10, 2017, he made an assessed $6.24 billion in 5 minutes, marginally less than the at that point yearly net residential item of Kyrgyzstan. On Walk 6, 2018, Bezos was assigned the wealthiest individual within the world, with a enrolled net worth of $112 billion. He unseated Charge Entryways ($90 billion), who was $6 billion ahead of Warren Buffett ($84 billion), positioned third.

He is considered the primary enrolled centi-billionaire (not balanced for inflation).[b] His riches, in 2017–18 terms, equaled that of 2.7 million Americans. Bezos’s net worth expanded by $33.6 billion from January 2017 to January 2018. This increment surpassed the financial advancement (in GDP terms) of more than 96 nations around the world. Amid Walk 9, Bezos earned $230,000 each 60 seconds. The Diverse Trick evaluated that on the off chance that Bezos had not sold any of his offers from its original open advertising in 1997, his net worth would sit at $181 billion in 2018.Agreeing to Quartz, his net worth of $150 billion in July 2018 was sufficient to buy the whole stock markets of Nigeria, Hungary, Egypt, Luxembourg, and Iran.

Taking after the report by Quartz, Amazon laborers in Poland, (Germany), and Spain taken part in showings and labor strikes to draw consideration to his developing riches and the need of remuneration, labor rights, and palatable working conditions of select Amazon workers. On July 17, 2018, he was assigned the “wealthiest individual in advanced history”[c] by the Bloomberg Very rich people Index, Fortune MarketWatch, The Divider Road Journal,and Forbes. In 2019, Bezos’s riches was decreased by the separate from his spouse MacKenzie Bezo Agreeing to Forbes, had the Washington state common law connected to their separate without a prenuptial assention, Bezos’s wealth seem have been evenhandedly separated with his ex-wife;

be that as it may, she inevitably gotten 25% of Bezos’s Amazon offers, at that point esteemed at around $36 billion, making her the third-richest lady within the world. Bezos held his intrigued within The Washington Post and Blue Root, as well as voting control of the offers gotten by his ex-wife. In June 2019, Bezos acquired three abutting apartments overlooking Madison Square Park in Manhattan, including a penthouse, for a combined total of US$80 million, making this one of the foremost real estate purchases within New York City in 2019. Bezos had also purchased three adjoining apartments at 25 Central Park West in Manhattan for $7.65 million in 19 he bought a fourth unit in that building for $5.3 million in 2012

Criticism

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Bezos is known for making an antagonistic environment at Amazon, as well as insulting and verbally manhandling his workers. As writer Brad Stone uncovered in his book The Everything Store, Bezos issued comments to his representatives such as “I’m too bad, did I take my doltish pills nowadays?”, “Are you sluggish or fair awkward?”, and “Why are you demolishing my life?” Also, Bezos allegedly set Amazon groups against each other, and once declined to deliver

Amazon representatives city transport passes in arrange to debilitate them from taking off the office. All through his early a long time of proprietorship of The Washington Post, Bezos was denounced of having a potential struggle of intrigued with the paper.Bezos and the newspaper’s publication board have expelled allegations that he unreasonably controlled the paper’s substance, and Bezos keeps up the paper’s independence Bezos’ treatment of representatives at The Washington Post has too drawn scrutiny. In 2018, more than 400 Washington Post workers composed an open letter to Bezos criticizing his destitute compensation and benefits for his representatives.

The letter requested “Reasonable compensation; reasonable benefits for retirement, family take off and wellbeing care; and a reasonable sum of work security”. Around 750 workers at The Washington Post went on a brief strike in December 2023 in reaction to Bezos’ plans to cutback staff

Personal life

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In 1992, whereas Bezos was working for D. E. Shaw in Manhattan, he met writer MacKenzie Tuttle, who was a inquire about relate at the firm; the couple hitched a year later. In 1994, they moved over the nation to Seattle, Washington, where Bezos established Amazon. Bezos and his presently ex-wife MacKenzie are the guardians of four children: three children and a girl embraced from China In Walk 2003, Bezos was a traveler in a helicopter that slammed in West Texas whereas looking over arrive to purchase for Blue Root; the other 3 occupants within the helicopter were pilot Charles “Cheater” Bella, Amazon attorney Elizabeth Korrell, and nearby farmer Ty Holland.

All survived; Bezos maintained as it were minor wounds and was released from a nearby clinic the same day. Bezos depicted a Starfleet official within the 2016 motion picture Star Journey Past, and joined the cast and team at a San Diego Comic-Con screening. He had campaigned Vital for the part opportune of Alexa and his personal/professional intrigued in discourse acknowledgment. His one line comprised of a reaction to an outsider in trouble: “Talk Ordinarily.

In his introductory talk of the extend which got to be Alexa with his specialized advisor Greg Hart in 2011, Bezos told him that the objective was to make “the Star Journey computer.”Bezos’s family organization Zefram LLC is named after Zefram Cochrane, a character from Star Trek. In January 2019, Bezos and his spouse Mackenzie discharged a joint explanation which uncovered that they would be getting separated after 25 a long time together. Hence, National Enquirer uncovered that Bezos had an issue with media identity Lauren Sánchez; the issue with Sánchez had kept going for mont Afterward

, Bezos distributed a web exposition on February 7, 2019, in which he blamed American Media, Inc. proprietor David Pecker of “blackmail and coercion” for undermining to distribute insinuate photographs of Bezos and current sweetheart Lauren Sánchez in the event that he did not halt his examination into how his content messages and other photographs had been spilled to the National Enquirer. Media reports have denounced Sánchez’s brother Michael of being the source for the photographs gotten by National Enquirer; be that as it may, Bezos has guessed that it may have been the Saudi Middle eastern government. On April 4, 2019, the separate was finalized, with Bezos keeping 75% of the couple’s Amazon stock and MacKenzie getting the remaining 25% ($35.6 billion) in Amazon stock. In any case, Bezos would keep all of the couple’s voting rights.On May 22, 2023, Sánchez and Bezos got to be engaged.He is the Privileged Chair of the Pilgrims Club

Politics

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Agreeing to open campaign fund records, Bezos upheld the constituent campaigns of Patty Murray and Maria Cantwell, two Equitable U.S. representatives from Washington. He has too bolstered Democrats U.S. agent John Conyers, as well as Patrick Leahy and Republican Spencer Abraham, U.S. congresspersons serving on committees managing with Internet-related issues. Jeff Bezos and MacKenzie Bezos have upheld the legalization of same-sex marriage, and in 2012 contributed $2.5 million to Washington Joined together for Marriage, a bunch supporting a yes vote on Washington Choice 74, which confirmed a same-sex marriage law ordered within the state.

Bezos given $100,000 towards a development against a Washington state pay assess in 2010 for “best earners”. In 2012, he given to Amazon’s political activity committee (PAC), which has given $56,000 and $74,500 to Democrats and Republicans, respectively.After the 2016 presidential race, Bezos was welcomed to connect Donald Trump’s Defense Advancement Admonitory Board, an counseling committee to progress the innovation utilized by the Defense Department. Trump has more than once assaulted Bezos through Twitter, blamed Bezos of dodging corporate charges, picking up undue political impact, and undermining his administration by spreading “fake news

In 2014, Amazon won a offered for a cloud computing contract with the CIA esteemed at $600 million. A 2018, $10 billion contract known as the Joint Venture Defense Foundation (JEDI) venture, this time with the Pentagon, was supposedly composed up in a way that favors Amazon. Contention over this was raised when Common James Mattis acknowledged a central command visit welcome from Bezos and co-ordinated the bargain through Quip Donnelly, a lobbyist who already worked for Amazon.In November 2019, when the contract was granted to Microsoft instep, Amazon recorded a claim with affirmations that the offering handle was biased.

On July 6, 2021, the Pentagon cancelled the JEDI contract with Microsoft, citing that “due to advancing necessities, expanded cloud conversancy, and industry progresses, the JEDI Cloud contract not meets its needs.” In spite of Bezos’s bolster for an open borders arrangement towards foreigners, Amazon has effectively promoted facial acknowledgment computer program to U.S. Movement and Traditions Requirement (ICE).

In 2019, a political activity committee connected to Bezos went through over $1 million in an unsuccessful endeavor to vanquish the reelection offered of Seattle city committee part and dissident Kshama Sawant.On November 22, 2021, Jeff Bezos donated $100 million to the Obama Establishment to “assist grow the scope of programming that comes to developing pioneers“, and asked the Obama Presidential Center’s square to be named after John Lewis

Philanthropy

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Bezos given to the Fred Hutchinson Cancer Investigate Center a few times between 2009 and 2017. In 2013, he swore $500,000 to Worldreader, a non-profit established by a previous Amazon employee.In September 2018, Commerce Insider detailed that Bezos was the as it were one of the beat five billionaires within the world who had not marked the Giving Promise, an activity made by Charge Entryways and Warren Buffett that empowers affluent individuals to donate absent a larger part of their wealth.

That same month, Janet Camarena, executive of straightforwardness activities at Establishment Center, was cited by CNBC as having questions around Bezos’s modern Day 1 Support, counting the fund’s structure and how precisely it’ll be funded. In May 2017, Bezos gave $1 million to the Columnists Committee for Flexibility of the Press, which gives professional bono legitimate administrations for American journalists. On June 15, 2017, he posted a message on Twitter asking for thoughts for charity: “I’m considering around a charity procedure that’s the inverse of how I for the most part spend my time—working on the long term”

At the time of the post, Bezos’s lifetime investing on charitable causes was assessed to be $100 million.Numerous conclusion columnists reacted by inquiring Bezos to pay higher compensation to Amazon distribution center workers. A year afterward in June, he tweeted that he would declare two magnanimous foci by the conclusion of summer 2018. Bezos declared in September 2018 that he would commit around $2 billion to a finance to bargain with American vagrancy and build up a organize of non-profit preschools for moo positive and nagitive pay communities. As portion of this declaration, he committed to setting up the “Day 1 Families Finance” to back “night covers and day care centers for destitute families” and the “Day 1 Foundations Finance” for early childhood education.

In January 2018, Bezos made a $33 million gift to TheDream.US, a college grant support for undocumented migrants brought to the Joined together States as minors.[better source required] In June 2018, Bezos given to Breakthrough Vitality Wanders, a private charitable finance established by Charge Entryways pointed at advancing emissions-free energy. In September 2018, Bezos given $10 million to With Honor, a nonpartisan organization that works to extend the number of veterans in political office.

In February 2020, Bezos swore $10 billion to combat climate alter through the Bezos Soil Fund. Afterward that year, in November, Bezos declared $791M of donations to set up, well-known bunches, with $100M each attending to Natural Defense Finance, Natural Resources Defense Board, The Nature Conservancy, World Assets Institute and World Natural life Support, and the leftover portion attending to 11 other groups. In April 2020, early within the COVID-19 widespread, Bezos given $100 million to food banks through Bolstering America. In November 2021, Bezos swore to give $2 billion towards rebuilding nourishment frameworks and nature preservation at the 2021 Joined together Countries Climate Alter Conference.

Bezos Foundation could be a of tuition-free preschools for understudies from low-income families, which was made by Bezos, and which work in a way comparative to the Montessori method.In November 2022, Bezos allowed a $100-million Mettle and Civility Award to singer Dolly Parton in recognition of her charity work focused on improving children’s literacy around the world. On November 22, 2022, Jeff Bezos awarded $123 million to organizations that are engaged in relocating homeless families to permanent housing. Day 1 Families Fund grants, the amounts of which vary in monetary terms, will be sent to 40 organizations across the country