Jeff Bezos’ rise to billionaire prominence

Jeff Bezos is a name that is globally recognised as the king of the Amazon empire and the richest man in the world. The billionaire has a variety of investments, ranging from real estate to TV. The CEO of Amazon amassed his wealth through his ‘everything store’ company, accounting for 44% of all digital spending. But how did Bezos rise from a Princeton graduate in a cozy finance job on Wall Street, to the richest man on the planet?

As Bezos was working at his finance job, he was intrigued by seeing that the Internet was growing at a rate of 2300% annually. He ended up selling books on his new platform Amazon, which within its first month, was selling books to every state in America and 45 different countries globally. He went on a campaign of raising capital for Amazon, raising a total of $9 million.

After going public, Amazon’s sales increased to over $17 billion in 2001.

In addition to this, Bezos was an early investor in Google, further increasing his wealth, with an investment of $250,000 being worth over $6 billion today.

Bezos has also invested in significant real estate including two multi-million dollar homes, as well as a 10,000 square foot apartment worth just under $10 million.

Having a strong interest in the technology sector, he has invested in Twitter and Business Insider, as well as acquiring the Washington Post, as well as investments in numerous other platforms.

There are some odd investments he has put his wealth into, including the mission to retrieve F-1 engines, used to power Apollo 11, from the ocean floor. Another odd investment is building a clock into the side of the Sierra Diablo mountain range that will tick for 10,000 years.

Jeff Bezos is the richest man on the planet through his various investments and his creation of global business giant, Amazon.