Getty Images; Jenny Chang-Rodriguez/Insider
Jeff Bezos has amassed a $122 billion fortune since founding Amazon in 1994, per Bloomberg.
Bezos stepped down as Amazon CEO in mid-2021 after seeing a pandemic-era surge in wealth.
He recently announced plans to donate the majority of his fortune to various charities.
Billionaire Amazon founder Jeff Bezos has become one of the wealthiest and most recognizable figures in the tech world.
Recent years have brought him a high-profile divorce, a trip via spaceship to the edge of space, his firm’s skyrocketed share price during the pandemic, and his departure from the role as CEO of the company he founded 28 years ago.
Nowadays, the 58-year-old is focused on his other endeavors, including his space exploration company Blue Origin that recently flew actor William Shatner to the edge of space as well as The Washington Post, which he bought in 2013. He’s also been busy trying to get his $500 million under-construction megayacht past a historic Dutch bridge and enjoys traveling the globe with girlfriend Lauren Sanchez.
In November, Bezos announced plans to donate the majority of his fortune to charity, a commitment he had until recently shied away from. From past philanthropy projects to splashy real estate purchases, here’s how one of the world’s richest people spends his wealth.
Andy Kiersz, Taylor Nicole Rogers, Katie Canales, and Hillary Hoffower previously contributed to this reporting.
Jeff Bezos founded Amazon, the source of much of his wealth, on July 5, 1994.Bezos in 1994.
Paul Souders/Getty Images
Bezos’ parents were reportedly shocked that he would give up a cushy Wall Street job in order to sell books over the internet.
Source: Bloomberg, “The Everything Store” via Business Insider
But they eventually came around.Bezos and his parents in 2016.
MOLLY RILEY/AFP via Getty Images
Bezos’ parents invested about a quarter of a million dollars in the fledgling company, a stake that would be worth as much as $30 billion today.
Bezos also received a lot of support from his then-wife MacKenzie.MacKenzie Scott.
Evan Agostini/Invision/Associated Press
She negotiated Amazon’s first freight contract and did the company’s accounting. Per the terms of their 2019 divorce settlement, MacKenzie holds a 4% stake in the company, which forms the majority of her $59 billion fortune.
Amazon made its initial public offering on May 15, 1997.Amazon founder and chair Jeff Bezos unveiling the new Amazon Kindle 2.0 in 2009.
Mario Tama/Getty …read more
Source:: Business Insider