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JEFF BEZOS

By,M. NAVEEN REDDY

117

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Who is Jeff Bezos?

Jeffrey Preston "Jeff" Bezos is an American entrepreneur.

He played a key role in the growth of

e-commerce as the founder and chief executive officer of Amazon.com.

Amazon.com is an online merchant of books and later of a wide variety of products.

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Jeff Bezos

Early Life

Bezos was born on January 12, 1964 Jeffrey Preston Jorgensen in New Mexico, to Jacklyn Gise Jorgensen and Ted Jorgensen.

As a child, he spent summers at his grandfather's ranch in southern Texas, "laying pipe, vaccinating cattle and fixing windmills."

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Jeff Bezos

Education

The young Bezos attended River Oaks Elementary School in Houston from fourth to sixth grade.

Bezos attended Miami Palmetto Senior High School.

He attended Princeton University and graduated with a Bachelor of Science in electrical engineering and computer science.

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Jeff Bezos

Career

After graduating from Princeton University in 1986, Bezos worked on Wall Street in the computer science field.

Bezos founded Amazon.com in 1994.

He initially set up the company in his garage.

In 2000, Bezos founded Blue Origin, a human spaceflight startup company, which has an early interest in developing space hotels, amusement parks and colonies for 2 million or 3 million people orbiting the Earth.

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Jeff Bezos

Amazon Jeff Bezos incorporated the company

in July 1994, and the site went online as amazon.com in 1995.

Amazon is a major provider of cloud computing services.

Amazon.com started as an online bookstore, but soon diversified, selling DVDs, CDs, MP3 downloads, software, video games, electronics, apparel, furniture, food, toys, and jewelry.

"Earth's biggest bookstore" to "Earth's biggest anything store,"

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Jeff Bezos

Success “There are two kinds of companies, those

that work to try to charge more and those that work to charge less. We will be the second.”

“If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.”

Amazon eventually made him one of the most prominent dot-com entrepreneurs and a billionaire.

He owns 20% of Amazon's stock and forgoes stock options.

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Jeff Bezos

Recognition

He was named Time magazine’s Person of the Year in 1999.

In 2008, he was selected by U.S. News & World Report as one of America's best leaders.

Bezos was awarded an honorary doctorate in Science and Technology from Carnegie Mellon University in 2008.

In 2011, The Economist gave Bezos an Innovation Award for the Amazon Kindle.

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Jeff Bezos

Conclusion

Jeff Bezos is a great visionary, libertarian.

"We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better."

-Jeff Bezos

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