Jeffrey Preston Bezos is an American business magnate, media proprietor, and investor. Bezos is the founder and CEO of the multi-national technology company Amazon. With a net worth of more than $200 billion as of June 2021, he is the richest person in the world according to both Forbes and Bloomberg's Billionaires.
Amazon founder Jeff Bezos will officially step down from his role as chief executive on July 5, he announced during the company's annual shareholder meeting Wednesday.Bezos will hand the reins to Andy Jassy, who currently runs Amazon Web Services, after a nearly three-decade run leading the internet giant that made him one of the richest people in the world. Bezos will become Amazon's executive chair.The company first announced the leadership change as part of its February earnings report, saying Jassy would take over during the fiscal third quarter. Amazon (AMZN) had not previously shared the precise date of the transition.The timing is "sentimental," Bezos said — July 5 is the date Amazon was incorporated in 1994.
- Jeff Bezos founded e-commerce giant Amazon in 1994 out of his garage in Seattle. He will step down as CEO to become executive chairman in July 2021.
- Amazon thrived during the pandemic; revenues in 2020 grew 38% to $386 billion as people stayed home and made online purchases.
- In April 2020, Bezos said he would give $100 million to Feed America, a nonprofit that operates food banks and food pantries across the country.
- Amazon has faced criticism from U.S. senators and the general public for its treatment of warehouse workers during the coronavirus pandemic.
- He and his wife MacKenzie divorced in 2019 after 25 years of marriage and he transferred a quarter of his Amazon stake to her.
- Bezos owns The Washington Post and Blue Origin, an aerospace company that is developing rockets for commercial use.
Who was Jeff Bezos' wife?
Bezos, a summa cum laude graduate from Princeton, started Amazon from his garage in 1993. He single-handedly built the international company from scratch.
Bezos met his former wife MacKenzie Scott (nee Tuttle, formerly Bezos) in 1992 before he started working on his dream project. They fell in love and got married in 1993, and moved to Seattle together, from where Bezos started Amazon. Unfortunately, the couple announced their divorce in 2019 after a prolonged period of separation. Bezos is currently dating news anchor Lauren Sánchez.
Who are Jeff Bezos's children?
Jeff and MacKenzie are parents to four children — three sons and one daughter. They adopted their daughter from China. His children tend to stay away from the limelight so it is quite difficult to know much in detail about them. We only found the name of his 20-year-old son — Preston Bezos.
Preston Bezos is the eldest son of Jeff and MacKenzie. He followed his father’s footsteps to join Princeton University, as per a report by Web of Bio. Interestingly, Preston is the middle name of Jeff Bezos as well, who was born Jeffrey Preston Jorgensen. Preston is known to enjoy traveling and loves Mexican food. He has claimed Miami as his favorite holiday destination in the world.
Bezos now shares 50/50 custody of their children with his former wife. He is a doting father who is often spotted taking his children to dinner or other outings. In an interview, he once advised his children: “Be proud of your choices, not your talents. You’ve gotta figure out what you love. And it’s going to bring you great joy.”
His children are likely to inherit his enormous fortune in the future. After his divorce from MacKenzie, Jeff retained 75% of Amazon’s stocks while she received 25% of the shares. He also gave 4% of his company to MacKenzie.
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