A Princeton graduate, Jeff Bezos founded e-commerce giant Amazon.com in 1994 with $10,000 of his own and served as its CEO till 2021. He was the youngest vice president at D.E. Shaw, a multinational investment management company. He left this job during the dot-com bubble when the web was growing by 2,300% annually. As of October 2021, Jeff Bezos has a net worth of $189.5 billion.
Bezos made an early investment of $250,000 in Google in 1998, four years after he started Amazon.com. Google now operates under its parent company, Alphabet Inc. Later on, he invested over $1 million in the company, citing its future growth potential. Bezos also founded an investment company, Bezos Expeditions, in 2005, that mainly manages his personal investments.
Jeff Bezos has made a number of investments through Amazon.com, Inc., his personal wealth, Bezos Expeditions, and Nash Holdings LLC, a private company owned by him. Some of the sectors that he invests in include real estate, technology, media, travel, and charitable trusts and foundations. Along with this, he also invests in biotech companies to treat serious chronic illnesses, agricultural tech, and finance companies.
In August 2013, Bezos bought The Washington Post, an American daily newspaper, in a deal worth $250 million. At that time, the company was struggling financially. The acquisition was made through Nash LLC.
In 2008, he made an investment of nearly $15 million in Twitter. Along with this, some of his most famous investments also include Airbnb, Inc, Business Insider and Uber Technologies, Inc.
Recently, Jeff Bezos invested in an Indonesian e-commerce start-up, Ula. The company mainly offers technology solutions to retailers and expects to expand its operations in other regions as well. Currently, the billionaire is investing in a number of private companies as well.