Amazon’s CEO has been the WORLD’S RICHEST PERSON for MORE THAN TWO YEARS, but he’s much more than that. Here are 17 MIND-BLOWING FACTS that show who he really is.
1.He makes $2,489 per second.
That’s $149,353 per minute.
That means that in just one minute, the Amazon chief makes more than three times what the median U.S. worker makes in a year: $45,552.
2. He’s 1.2 Million times richer.
Bezos is so rich that an average American spending $1 is similar to Bezos spending $1.2 million.
The median net worth of an average U.S. household is $97,300. Dividing $121 billion by $97,300 comes to about $1.2 million.
3. His first desk… a door.
Because he left his Wall Street job in the middle of the year, Bezos had no annual bonus benefit, so he had to be very frugal.
In the initial years of Amazon, Bezos set up an office in his garage and turned a timber door into a desk. Till this day, the desks in Jeff’s offices have a door-like design.
4. He’s generous for a good cause.
The man doesn’t shy away from the charity if he believes in the cause. Once an employee requested Bezos to donate a $100,000 for same-gender marriage, he gave about $2 million.
5. He’s a Trekkie
Jeff Bezos claims to be a proud nerd and is a diehard fan of Star Trek.
He confesses that he has been a Trekkie since his childhood days and loves the world of science fiction literature.
He is such a big fan of Star Trek that his passion for the series landed him a role in the movie version of the franchise.
6. He’s bigger than a country…well, three.
His net worth is greater than the GDP of Iceland, Afghanistan, and Costa Rica combined.
Iceland’s GDP is about $31.6 billion, Afghanistan’s is $22.9 billion, and Costa Rica’s is $64.8 billion.
7. He had 70% chance of failing.
The richest man in the world told his first investors that he had a 70% chance of failing.
“I told our investors it was a risky proposition going in. At the time, I wasn’t sure this honesty was the right thing to do. In hindsight, I know it definitely was for multiple reasons.
Firstly, they appreciated the honesty, and it built trust between ourselves. Secondly, if we do end up failing, I will know that I have done my part and I didn’t intentionally mislead them.”
8. He built an electric alarm
As a child, Jeff Bezos had a craze for science. He set up a science laboratory in his parent’s garage, where he used to come up with new science projects.
One of his early science inventions was an electric alarm. What did he need that for? Well apparently, he used it to keep Christina and Mark Bezos, his half-siblings, out of his room.
9. He has no memories of his father.
Bezos doesn’t have any memories of his biological father at all. His parents were still in high school when Bezos was born, and the marriage lasted only 17 months.
After three years, his mother married Miguel “Mike” Bezos, a Cuban who immigrated to the U.S.
In a 1999 interview, Bezos said:
“The reality, as far as I’m concerned, is that my dad (Miguel) is my natural father. The only time I ever think about it, genuinely, is when a doctor asks me to fill out a form.”
10. He moonlights at the customer service desk.
According to his company policy, each employee of Amazon has to spend two days every two years, at the customer service desk.
This also includes the CEO Jeff Bezos himself. So do not be surprised if you are an Amazon customer and one day you get to talk to Bezos.
11. Accidentally gave money away.
In its initial days, Amazon had a programming glitch where if a customer ordered a negative amount of books, Amazon would credit the money to their cards.
12. He worked at McDonald’s… and automated it.
As a teen, he spent a summer as a fry cook at McDonald’s in Miami, Florida.
There, he set up a system that would sound the buzzer to let him know when to scramble the eggs, flip burgers or pull the fries out of the fryer.
13. He used to go on blind dates.
He used to ask friends to set him up on blind dates, and his only ask would be:
“The number-one criterion was that I wanted a woman who could get me out of a Third World prison.”
He meant that he wanted a woman who would be resourceful. He started dating a member of his own staff, MacKenzie Tuttle, and the two married in 1993.
14. He’s the greatest living CEO
Jeff Bezos is the “Greatest living CEO” as declared by the Harvard Business Review.
The most distinctive feature of this list is that the CEOs have been rated keeping in mind their long term performance, rather than short term performance.
15. He lost more money in 2019 than any other billionaire.
He had to give up 25% of the Amazon stock co-owned by the couple after divorcing MacKenzie. Still, he kept his ranking as the wealthiest person in the world.
MacKenzie, now worth an estimated $38.9 billion, is now the third-richest woman in the world after L’Oreal heiress Francoise Bettencourt Meyers and Walmart heiress Alice Walton.
16. The company was not always called “Amazon”.
Bezos named the company “Cadabra” in July 1994, but it was misheard as “Cadaver” during a telephone conversation with an attorney. Bezos knew right then that the name would not stick.
In September, he even considered naming it “Relentless.” Still, his friends warned it sounded too sinister, so it went online as Amazon a year later inspired by the river Amazon.
17. He’s an angel.
Bezos also invests his money on a personal level. He was an angel investor in:
- Google = $1 million in 1998.
- General Assembly = $4.5 million in 2011
- Uber = $37 million in 2011
- AirBnB = $112 million in 2011
- Domo = $60 million in 2013
- Business Insider = $37 million between 2014-2015
- Stack Overflow = $40 million in 2015
- Unity Biotech = $116 million in 2016
- Everfi = $190 million in 2017