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[234] Bezos had also purchased three adjoining apartments at 25 Central Park West in Manhattan for $7.65 million in 1999;[235][236] he bought a fourth unit in that building for $5.3 million in 2012. After graduation, Jeff Bezos found employment on Wall Street, where computer science was increasingly in demand to study market trends. Jeff Bezos: I was very difficult to punish for my parents because they would send me to my room, and I was always happy to go to my room because I would just read. And I found I mean this was a very small library, smaller than the room that were sitting in now but it had an extensive science fiction collection because it just so happened one of the residents of this 3,000-person town had been a science fiction fan, and donated their whole collection. [74] Amazon's share price fell by 9% in response to the President's negative comments; this reduced Bezos's personal wealth by $10.7billion. Fortunately, there are a lot of different people motivated by a lot of different things. [22] Gise, her husband and her son left the area and asked Jorgensen to discontinue contact, to which he agreed. So that was, I think, a very good decision to not do that. Their returns? Jeff Bezos: Very rarely. And we had a teletype that was connected by an old acoustic modem. With a grade point average of 2.50 and a Bachelor of Science in Engineering degree (B.S. In September 2003, Amazon announced the formation of A9, a new venture aimed at developing a commercial search engine that focuses on e-commerce websites. When you do that, you walk away from your annual bonus. [50] Bezos initially named his new company Cadabra but later changed the name to Amazon after the Amazon River in South America, in part because the name begins with the letter A, which is at the beginning of the alphabet. Jeff Bezos: Interesting Facts You Didn't Know - Business Insider Im going to go do this crazy thing. Bezos's suborbital flight lasted over 10 minutes, reaching a peak altitude of 66.5 miles (107.0km). $32,343 weekly. Were there any teachers you remember that had an influence on you? His wealth surpassed $100billion for the first time on November 24, 2017, and he was formally designated the wealthiest person in the world by Forbes on March 6, 2018, with a net worth of $112billion. [46] He and his then-wife, MacKenzie Scott, left their jobs at D. E. Shaw and founded Amazon in a rented garage in Bellevue, Washington on July 5, 1994, after writing its business plan on a cross-country drive from New York City to Seattle. He also developed intense and varied scientific interests, rigging an electric alarm to keep his younger siblings out of his room and converting his parents garage into a laboratory for his science projects.

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