Jeff Bezos Net Worth 2020

Jeff Bezos Net Worth 2020

Net Worth: $149.4 Billion
Age: 56
Height: 1.71m
Born: January 12, 1964
Country Of Origin: New Mexico
Residence: Seattle
Source Of Wealth: Amazon
Profession: Entrepreneur
Marital Status: Divorced
Children: 4

Education: Princeton University 
Last Updated: 2020

Introduction

Jeff Bezos is an American industrialist and entrepreneur, best known for being the CEO and founder of Amazon.com which is an e-commerce company, founded in 1995, that initially started off as an online bookstore. Bezos has also founded Blue Origin, a company that’s developing air and spacecrafts for commercial use.

As of 2020, Jeff Bezos’s Net Worth is an estimated $149.4 Billion.

Early Life

Bezos was born in New Mexico to a teenage mother and his biological father who later separated from the two. Growing up, he saw life’s many struggles but maintained a passion for attaining education in computers and electrical engineering. In his early days and after graduating from Princeton University, Bezos worked at Wall Street, where he was the youngest ever to become a senior Vice President. One morning, he made the decision of resigning from his lucrative job and pursue the business idea of setting up an e-commerce platform called Amazon. This was where he hit bull’s-eye.

Career

In 1994, Bezos launched Amazon.com. What was initially a virtual bookstore, rapidly, became the guide to how e-businesses should function. With over 13 million active customers and over $160 million earned in sales, Amazon took the lead in the e-commerce business markets. Bezos then moved to Seattle, where he worked in close proximity with Ingram Book Group.

Three years after Amazon’s success, Bezos made an Initial Public Offering to the rest of the population so that the company’s stakes could be bought. Along with this, he also bought the American Newspaper “The Washington Post” and Whole Foods supermarket lines.

Bezos’s recent most venture is the Blue Origin, a spaceflight start-up, which is working towards its goal of creating spacecrafts that can be utilized commercially.

Net Worth Last 5 Years

Jeff Bezos has had an overall consistent increase in his Net Worth, over the past few years. Amazon is one of the most frequently and widely used e-commerce websites in the world today. The following are some exact numbers of Bezos’s Net Worth in the last 5 years:

2019: Net Worth was $114 Billion

2018: Net Worth was $160 Billion

2017: Net Worth was $72.8 Billion

2016: Net Worth was $45.2 Billion

2015: Net Worth was $47 Billion

Cars/Home/Private Jets/Yachts

Being the richest man on Earth, Jeff Bezos has a huge real-estate portfolio in the USA. He owns multiple properties ranging from NYC apartments to massive Beverly Hills mansions. He also owns a ranch in Texas, as well as, two more suburban homes in Beverly Hills. Jeff Bezos’s real-estate portfolio is vast.

According to latest reports, he still drives a basic Honda Accord. A very humble choice of car. However, he does also own a $3 million dollar Ferrari Pininfarina Sergio, a $3.4 million dollar Bugatti Veyron Mansory, a $4 million dollar Lykan Hypersport, a $4.8 million Koenigsegg CCXR Trevita, and a $5 million dollar Lamborghini Veneno. Bezos also owns a $75 million dollar Gulfstream G650ER.

Top Quotes

1. “Your brand is what other people say about you when you’re not in the room.” Jeff Bezos

2. “You have to be willing to be misunderstood if you’re going to innovate.” Jeff Bezos

3. “One of the only ways to get out of a tight box is to invent your way out.” Jeff Bezos

4. “I knew that if I failed I wouldn’t regret that, but I knew the one thing I might regret is not trying.” Jeff Bezos

5. “A company shouldn’t get addicted to being shiny because shiny doesn’t last.” Jeff Bezos

Key Points To Conclude

  • Never stop trying to achieve.
  • A rough start will always lead to a smooth end, as long as you are determined.
  • Be innovative and be original.
  • Chase after discomfort, because comfort will never make you want change.
  • Give thanks to the community and people in your life. They make you who you are!

Summary

The world’s richest man, Jeff Bezos, became so by chasing after a mere image of expanding e-commerce businesses all over the world. By age 30, he already had a six figure income but he chose discomfort over comfort. Amazon.com is the world’s leading e-commerce site for selling and buying goods of all categories. Not only this, but Bezos bought a newspaper company and is now working on the spacecraft project. This man is a true example of “reaching for the stars”.

As of 2020, Jeff Bezos’s Net Worth is an estimated $149.4 Billion.

I hope that you have you been inspired by Jeff Bezos’s Net Worth, do let us know your thoughts in the comments section below.

Check Out How Jeff Bezos Makes And Spends His Billions From Business Insider:

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