Wednesday, 31 October 2012

Jeff Bezos - world largest internet retailer

Jeff Bezos -  CEO, Amazon.com billionaires
Jeff Bezos -  CEO, Amazon.com billionaires

Jeff Bezos -  CEO, Amazon.com
Net Worth $23.2 B As of September 2012

CEO, Amazon.com
Source of Wealth: Amazon.com, self-made
Residence: Seattle, WA
Country of Citizenship: United States
Education: Bachelor of Arts / Science, Princeton University
Marital Status: Married
Children: 4

Forbes Lists
#11 Forbes 400
#26 Forbes Billionaires
#15 in United States
#40 Powerful People

Jeff Bezos' online book giant Amazon.com is now the world's largest internet retailer of any kind, reporting over $48 billion in 2011 sales. The company now sells more Kindle e-books than the traditional variety. Bezos continues to invest in side projects that fuel his adventurous side. In March, he announced his Bezos Expeditions had discovered the lost engines from the historic Apollo 11 moon landing mission on the ocean floor. 

Now, his exploration company will attempt to bring those F-1 rocket launchers to the surface. Bezos also funnels money into aerospace firm Blue Origin, a West Texas-based research and development outfit working to create a vertical take-off and landing rocket. The Amazon billionaire faced criticism in recent months about allegedly unsafe conditions in his company's warehouses. In May, the retail giant assured shareholders it was spending $52 million to install air conditioners, among other improvements. 

In the meantime, he's looking to add robots to his workforce: in March, Amazon bought robotics firm Kiva Systems for $775 million in hopes of speeding up its order fulfillment process. While Bezos and wife Mackenzie are notoriously private, they made headlines in July for a rare public donation: $2.5 million to Washington United for Marriage, a group backing Referendum 74, which would legalize same-sex marriage in the couple's home state. 

Princeton grad Bezos once worked at hedge fund D.E. Shaw; he quit Wall Street before his 30th birthday to sell books online from his Seattle garage. He founded Amazon.com in 1994 and took it public three years later. Amazon didn't turn a profit until late 2001.

The data in this section is provided by Morningstar and is based on federal disclosure filings. Figures here may differ from Forbes estimates that take into account more recent changes.

Amazon.com Inc
Compensation for 2011
  • Salary $81,840
  • All other compensation $1,600,000

Total Compensation $1,681,840

Stock Ownership for 2012
Number of shares owned 87,963,414

thanks - forbes



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