2. Born on Jan 12, 1964 in New Maxico
In 1986 graduated from Princeton University
In 1986 accepted offer FITEL
In 1988 joined Banker’s Trust
In 1990 became youngest vice president of D.E.
Shaw company
On july 16, 1995 opened Amazon. com
3. As a child ,Jeff Bezos showed an early interest in how things work,
turning his parents garage into a laboratory and rigging electrical
contraptions around his house.
During high school he started his first business, the Dream Institute,
an educational summer camp for fourth, fifth and sixth graders.
In 1994 , Bezos chose to make a risky move into the nascent world of
e-commerce for this he quit his job and moved to Seattle and targeted
the untapped potential of the internet market by opening an online
bookstore.
4. •Bezos set up the office for his fledgling company in his garage where
,along with few employees, he began developing software.
•After inviting 300 friends to beta test the site, Bezos opened
Amazon.com ,named after the meandering South American River ,on
july 16,1995.
•Amazon.com sold books across the United States and in 45 foreign
countries within 30 days. In 2 months, sales reached $20,000 a week.
•Bezos continued to diversify Amazon’s offering with the sale od CDs
and videos in 1998 and later clothes, electronics ,toys and more
through major retail partnership.
5. When the dot-com bubble burst at the
start of the 21st century, destroying
many e-companies ,Amazon
flourished with yearly sales that
jumped from $510,000 in 1995 to over
$17 billion in 2011.
8. In december 2013, Bezos made headlines when he revealed a new
experimental initiative by Amazon called “Amazon Prime Air” using drones
remote controlled machines that can perform an array of human tasks to
provide delivery services to customers.
Drones are able to carry items weighing upto 5 pounds, and are capable of
travelling within a 10 mile distance of the company’s distributor center.
9. Net worth $66.5 billion
Ranked at #17 on the Forbes Powerful
People list for 2015.