World’s richest man? Five facts you don’t already know

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Jeff Bezos' mother gave birth to him at 17, while still in high school. She later married a Cuban immigrant, which is where the surname Bezos comes from.

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His first job during high school was at McDonald's.

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Jeff founded Amazon in 1993 as an online bookstore store. The original name of the brand was "Cadabra"- he changed it when his lawyer misheard it as “cadaver”. For the new name Bezos wanted a simple and clear name that started with A (so it would appear at the top of phone books). He chose Amazon after the Amazon river - the largest river in the world.

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In January 2019 it was revealed the Bezos couple were divorcing after 25 years of marriage. Under the agreement Jeff will hold 75% of their capital And his ex-wife Mackenzie will hold 25%

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Jeff Bezos is considered the richest man in the world, valued at $150 billion. Producing the most expensive series in history: Game of Thrones, for all 8 seasons, is estimated to be about half a billion dollars.


And now for the really interesting part: If you had invested $100 in Amazon the day it was issued (1997) - how much do you think they’d be worth to you today?

The answer: $ 120,000 as of August 2018.

Bezos built his startup empire and won over businesses aged 50 and 100. He built products, adapted them to changing markets, and never stopped innovating and reinventing his business - every year. The only way to survive in today's business world is to think and act like a startup. Even when you're one of the world's biggest companies.

Jolt. Teaching Startup Business.