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In: Economics

Jeff Bezos -Amazon What has he done with his wealth? What is his approximate net worth?...

Jeff Bezos -Amazon

  1. What has he done with his wealth?
  2. What is his approximate net worth? Where does he rank among the world’s richest people?
  3. Any other “fun facts” that you find interesting

Solutions

Expert Solution

1) Bezos has invested $42 million in a 10,000-year clock being built by the Long Now Foundation. Jeff Bezos knows how to take an occasional timeout. He makes time for vacationing. Jeff Bezos also owns a personal timepiece with a big price tag: a wristwatch that retails for $8,000-$12,000 and was made by swanky Swiss watchmaker Ulysse Nardin. He's the founder of Blue Origin, an aerospace company that aims to make flying into space. He funds Blue Origin by selling about $1 billion in Amazon stock each year. He found an organisation called Bezos Expeditions. It has provided money for retrieval of pieces of Apollo 11, and has invested in Airbnb, Twitter, Uber and other cutting-edge businesses. Jeff Bezos also invested $1 million in Google- search-engine company. In 2013, Jeff Bezos bought the legendary newspaper The Washington Post for $250 million

2) Net worth- 16,000 crores USD , Acc. to Forbes 2019, There are now a record 607 in the U.S. That includes 14 of the world's 20 richest. Jeff Bezos is again number 1 in the world


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