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Jeff Bezos: one of the founding fathers of E-commerce

Bezos Jeff Picture

Jeff Bezos is an American entrepreneur and investor. He built his empire little by little and yet places himself today at the head of one of the most important fortunes in the world. Back to one of the most beautiful success stories on the web.

Jeff Bezos: IT enthusiast since childhood

 Jeff Bezos, whose real name is Jeffrey Bezos, was born January 12, 1964 in Albuquerque, New Mexico. Abandoned at birth by his biological father, Jeff Bezos nevertheless lived a happy childhood with his mother and his new companion Miguel Bezos. This Cuban immigrant gave him his name and raised him as his own son. Jeff Bezos is a hard worker. He continued his studies at Palmetto High School in Miami. At the same time, he is taking science courses at the University of Florida. In 1982, he won the prestigious Silver Knight Award. This route opens the doors to the prestigious Princeton University. He first studied physics there, but very quickly, he turned to computers. It must be said that Jeff Bezos has had a real passion for computers and electronics since his childhood.

Jeff Bezos: a brilliant career on Wall Street

Jeff Bezos excels in everything he does. After having brilliantly finished his university studies, he began his professional life within Fitel. This start-up specializes in finance and telecommunications. He was in charge of the company's IT network development. Two years later, the New York-based Bankers Trust Company recruited him as a financial analyst. He quickly rose through the ranks and then became vice-president. In 1990, the technology hedge fund D.E ​​Shaw & Co recruited Jeff Bezos. He worked there as a financial analyst for 4 years. He quickly became one of the rising stars of the D.E Shaw investment fund, and was promoted to a successful career. However, that is not enough for the ambitious Jeff Bezos. Over the years, he has measured the full potential of the Internet and now wants to stand on his own two feet.

Jeff Bezos: The Creation of Amazon

In 1994, Jeff Bezos left Wall Street to start his own business in Seattle. The idea came to him to create an online bookstore. Thus was born Amazon. Like the unicorns on the web, Jeff Bezos starts at the bottom of the ladder. Legend has it that he wrote his business plan on the journey to Seattle. He also starts his business in his garage. His company will really start its activity only in the course of 1996. At the beginning, the site is dedicated only to the sale of books by internet. The success was not immediate. The company was far from profitable, and yet Jeff Bezos must step up investment. For the site to function, it must invest in a customer database, set up a product catalog and manage an area of ​​stock management. The costs are astronomical and where others have given up, accepting failure, Jeff Bezos perseveres. As he will say later, failure must be accepted when experimenting. Will the future prove him right ?!

In 1997, Amazon joined the Nasdaq. To better attract customers, Jeff Bezos is gradually expanding its product offering. In addition to books, Amazon now sells music, movie theaters, and cameras. Over time, it continues to develop its products, to almost become a real online supermarket. It is possible to find a little of everything on the site, from books to computer equipment, through clothing and kitchen utensils, through electronic devices and video games, etc. However, it was not until 2004 that Amazon became truly profitable. Jeff Bezos is not one to rest on their laurels. In 2007, he aspired to become one of the largest media and e-book merchants in the world. For this, he created Kindle, an “? E-reader?” who is very successful.

Other things to know about Jeff Bezos

Amazon has made Jeff Bezos one of the richest people in the world, but that’s not his only feat. In 2004, he founded Blue Origin. It is a start-up specializing in space travel. Libertarian, he is one of the donors to the Reason Foundation's libertarian think tank. He is also involved in the transhumanist movement and has not hesitated to invest $ 42 million in a mechanical clock in Texas. Can this clock give the exact time for the next ten thousand years ?!

Jeff Bezos has also won numerous awards throughout his career. In 1999, he was named Personality of the Year by Time Magazine. He was then only 35 years old. In 2014, he received the highest performing CEO title in the world, according to the Harvard Business Review. In 2018, he also obtained the HRC National Equality Award awarded by the Human Right Campaign association, to reward him for his support of the LGBTQ cause.

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