Getting an insight into Jeff Bezos net worth can be a fascinating endeavor. It’s a matter of learning about the life and career of the founder of Amazon and the many investments he has made throughout his life. Here are some of the critical details of Jeff’s wealth.
Amazon founder
Currently, Jeff Bezos’s net worth is $121 billion. This puts him in the top 20 of the world’s wealthiest individuals. During the presidential election, Elizabeth Warren proposed a wealth tax on those with over $1 billion net worth.
In addition to his billion-dollar fortune, Bezos owns a 30,000-acre ranch in West Texas. He holds two Manhattan condos that cost $5.3 million and $7.65 million, respectively. He also has a lakeside home in Washington state.
Before launching Amazon, Bezos worked on Wall Street in the computer science field. He was born in Albuquerque, New Mexico. He attended the University of Florida and Princeton University. He married MacKenzie Tuttle in 1994, and they have four children together.
In 1997, Bezos listed Amazon for $18 a share, and the stock shot up 40fold. As of May 2021, Bezos owns 51.7 million shares of Amazon. He has sold $27 billion of Amazon stock in the last twelve years, before taxes.
Washington Post owner
The Washington Post has become a profitable business for the last five years. The Post posted a fifth consecutive year of profitability in 2020. That’s a big deal for a newspaper. Unfortunately, many news organizations struggle to find revenue sources.
The Post’s most significant revenue sources are subscriptions and advertising. The Post also tests new headlines and stories. And they use analytics tools to help decide which articles are most popular. For example, the Post is known for breaking scoops on the Trump administration.
The Post is also known for its investigative journalism. For instance, they broke the Watergate break-in. It brought down President Nixon. They have also been an early supporter of gay marriage.
In the last six years, the Post has become one of the most prominent news organizations in the United States. It has expanded its digital coverage, opened new bureaus, and tested its mobile apps. It has also been a significant backer of the internet sales tax.
Blue Origin investor
Currently, Jeff Bezos is the largest investor in Blue Origin. This is due to his interest in expanding the human footprint beyond Earth. He has been involved in space exploration for years. He also started Amazon, the world’s largest e-commerce company.
Bezos plans to use Blue Origin to make commercial space travel more accessible. He has invested at least $5.5 billion into the company. The company has been in the news recently. The company planned to launch its first human-crewed flight in July 2021.
The company is developing a variety of spaceflight vehicles. One is the reusable lunar lander, which would send the first humans to the Moon since the 1970s. The company is also building a new rocket, the New Glenn, which is capable of more demanding missions.
There are several profit drivers for Blue Origin, including satellite internet and space mining. In addition, the company is reportedly working with NASA on a mission to return Americans to the surface of the Moon shortly.
Investments
Buying and investing is a hobby for Jeff Bezos. He owns multiple properties in Washington, Manhattan, and Texas. He is also an investor in dozens of startups.
Bezos also has investments in several huge companies. He owns stakes in Amazon, Alphabet, Twitter, Blue Origin, The Washington Post, and Uber. He has a net worth of $200 billion.
Bezos has invested in dozens of startups through his investment firm, Bezos Expeditions. He has also donated money to charity. He owns the 165,000-acre Corn Ranch in Texas, which serves as the base of operations for Blue Origin. It is a test site for the vertical-landing human-crewed suborbital New Shepard rocket.
He is a significant investor in other companies, including electric vehicle companies like Rivian and EverFi, and Nautilus Biotechnology. He is also a board member of Breakthrough Energy Ventures, which invests in green technology startups.
Bezos invested in the healthcare startup GRAIL in 2016. He was not a lead investor in its Series D round, but his stake is now worth around $100 million. The company plans to use the proceeds from its IPO to expand its clinical trial capabilities.
