Jeffrey Preston Bezos is an American technology entrepreneur, investor, and philanthropist, best known as the founder, chairman, and chief executive officer of Amazon, the world's largest online shopping retailer.
Bezos was born in Albuquerque, New Mexico and raised in Houston, Texas. He graduated from Princeton University in 1986 with degrees in electrical engineering and computer science. He went on to work on Wall Street in a variety of related fields from 1986 to early 1994. He founded Amazon in late 1994 on a cross-country road trip from New York City to Seattle. The company began as an Internet merchant of books and expanded to a wide variety of products and services, most recently video and audio streaming. It is currently the world's largest Internet sales online company, as well as the world's largest provider of cloud infrastructure services via its Amazon Web Services arm.
Bezos diversified his business interests when he founded aerospace company Blue Origin in 2000. Blue Origin started test flights to space in 2015 and plans for commercial suborbital human spaceflight beginning in 2018. He purchased The Washington Post newspaper in 2013 for US$250 million in cash. Bezos also has a number of other business investments that are managed through Bezos Expeditions.
On July 27, 2017, he briefly became the world's wealthiest person when he accumulated an estimated net worth of just over $90 billion. His wealth surpassed $100 billion for the first time on November 24 after Amazon's share price increased by more than 2.5%. He was formally designated the wealthiest person in the world on March 6, 2018 with a registered net worth of $112 billion by Forbes, becoming the first centi-billionaire. As of March 21, 2018, he has an estimated net worth of $130.8 billion, and is contended to be on track to become the wealthiest person in contemporary history.