CEO Today Top 50 – Jeff Bezos

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CEO Top 50 Profile

Name: Jeff Bezos

Net worth: Approx. $111.4 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 on 16th July 1995. The website easily outpaced its competitors, becoming an e-commerce leader after 2 years. The company went public in 1997. 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 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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