CEO Today Top 50 – Jeff Bezos

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CEO Top 50 Profile

Name: Jeff Bezos

Net worth: Approx. $140 billion

Company: Amazon

Bio: As a child, Jeff Bezos showed an early interest in how things work—reportedly dismantling his crib as a toddler in order to rebuild it as a bed and turning his parents’ garage into a laboratory. He pursued his interest in computers at Princeton University, where he graduated in 1986 with a degree in computer science and electrical engineering.

Named after the South American River, Bezos launched Amazon.com on July 16, 1995 and it went public in 1997. The website easily outpaced its competitors, becoming an e-commerce leader after 2 years. His continued success led him to purchase The Washington Post newspaper in 2013 for $250 million.

According to Forbes, Bezos was listed in January 2018 as the wealthiest person in the world, with an estimated net worth of $108.1 billion. In 2014, he was ranked the best-performing CEO in the world by Harvard Business Review.

At his current rate of success, it is expected that Bezos will become the wealthiest person in history, with the potential to become a trillionaire in the next 25 years.

“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.”

CEO FACT: In the last year alone, Bezos made $19.3 billion. That equals out to about $52 million per day, over $2 million per hour, and $36,000 a minute.

On 22 January 2018, Amazon opened Amazon Go to the public, the first ever grocery store without cashiers or checkout stations, using a combination of computer vision, deep learning algorithms, and sensor fusion instead.

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