The Net Worth of Jeff Bezos In 2020 is our new article that we will totally talk about it, so keep reading to till end:
Jeffrey Preston Bezos is an American businessman and internet investor in addition to being a philanthropist, industrialist, and owner of a group of international media outlets.
As everyone knows, Jeff Bezos has been the founder and director of the e-commerce giant, Amazon, since 1994. The 56-year-old is considered the richest person in the world and has been named “the richest man in modern history”.
up to 2020, jeff bezos is already the first person in recent history to have a net worth and a fortune of over $ 204 billion, according to Forbes.
He surpassed Bill Gates for the first time in terms of wealth in July 2017.
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Jeff Bezos is a computer engineer and businessman born on January 12, 1964, in Albuquerque, New Mexico, in the United States.
His mother Jacqueline Guess was a teenager when she married his father Ted Jorgensen, and after her separation from him, she married Miguel Bezos, a Cuban immigrant, and Miguel adopted Jeff to bear the name his family.
Bezos was passionate about science and technology from a young age, and he won a scientific award from the University of “Florida” in 1982. He worked in the field of computer science and finance on “Wall Street”, before he founded “Amazon” in 1994 with a simple idea based on buying books via the Internet.
The project continued to develop, achieved great spread, and became global in 1997, and in 1998 the site began to diversify its goods by adding CDs and videotapes, and in 2002 it began selling clothes. The site also created the A9 search engine in 2003, which is a specialized search engine for trade sites e-commerce.
Now, “Amazon” provides all the goods that the consumer might need via the Internet, “from A to Z”, as the company logo indicates.
In 2000, he founded Blue Origin, a human spaceflight startup company. Bezos has long expressed an interest in space travel and the development of human life in the solar system.
Since 2016, Bezos has spoken more freely of his hopes of colonizing the solar system and has been selling $ 1 billion in Amazon shares each year to capitalize Blue Origin in an effort to support this endeavo.
In 2008, Bezos received an honorary doctorate in Science and Technology from Carnegie Mellon University,
Bezos’ interests did not stop at technology and space only, but also extended to journalism and clean energy, to buy a quarter of a billion dollars in 2013, the American newspaper “Washington Post”, which is one of the largest newspapers in America.
Also, Bezos and others participated in the “Breakthrough Energy” company Investments, which aims to invest in new forms of clean energy.
Jeff Bezos’ personal life:
Jeff Bezos married MacKenzie Tuttle in 1993, whom he met while working for D.E. Shaw and his wife and four children live in Seattle and do a lot of charity work.
But in 2019, he announced his divorce with his wife, McKinsey, who in turn received 25% of the shares they owned in Amazon, bringing her fortune to $ 57 billion.
Jeff’s net worth immediately following the announcement became $114 billion.
The net worth of real estate and assets owned Jeff Bezos in 2020:
- On February 12, 2020, Bezos bought two properties for $ 255 million in Beverly Hills:
The first property, known as the Jack L Warner estate, cost $ 165 million. The property spans 10 lush acres in the heart of Beverly Hills and features a master home of 13,600 square feet.
The second estate is a vacant 120-acre hilltop called Enchanted Hill. Although most of the property is jam-packed with weeds, the property has a 1.5-mile driveway and manicured bluff at its peak.
- In 2018, he bought a $23 million mansion in Washington D.C. A former museum comprised of two buildings that measure 27,000 square feet of living space.
- In July 2018, he bought a $12.9 million mansion in Beverly Hills.
- In 2007 he acquired a $ 24.5 million mansion next to the Beverly Hills home.
- $50 million mansion next door to his property in Medina, acquired in 2005
- $10 million 5-acre property in Medina, Washington, acquired in 1999.
- 300,000 acres in Texas including multiple ranches
100,000 additional acres in various parts of the country
Three units in 25 Central Park West in Manhattan
Could Jeff Bezos Become a Trillionaire?
Everything is possible! Even with the COVID-19 pandemic spreading across the world and losing $ 38 billion in his recent divorce, in 2020 jeff bezos net worth is growing so fast, and it seems he is on his way to becoming a trillion by 2026.
According to an analysis from Comparisun, if his wealth continues to grow 34% annually, Jeff Bezos will be the first trillionaire by 2026.
In other words, for Jeff to become the first billionaire to rely exclusively on Amazon stocks, the company’s market value would need to be higher than $ 8.3 trillion, as an owner of 12% of Amazon shares.
Jeff Bezos Net Worth Over Time
|June 1998||$1 billion|
|June 1999||$10 billion|
|March 2000||$6 billion|
|December 2000||$2 billion|
|September 2001||$1.5 billion|
|September 2003||$2.5 billion|
|September 2004||$5.1 billion|
|September 2005||$4.1 billion|
|September 2006||$4.3 billion|
|September 2007||$8.7 billion|
|September 2008||$8.2 billion|
|September 2009||$6.8 billion|
|September 2010||$12.6 billion|
|September 2011||$18 billion|
|December 2012||$23.2 billion|
|October 2013||$29 billion|
|December 2014||$30.5 billion|
|July 2015||$50 billion|
|October 2016||$45 billion|
|December 2017||$73 billion|
|July 2018||$150 billion|
|September 2018||$170 billion|
|April 2019||$114 billion|
|August 2020||$204.6 billion|