Jeff Bezos is an American businessman, philanthropist and space explorer probably best-known for creating Amazon.com. Jeff Bezos is the founder and chief executive officer chairman and president of the board at Amazon.com. In July 2017, he became the richest person in the world beating Bill Gates for the first time. He was the richest person on earth without interruption from October 2017 until January 2021.According to Amazon's latest SEC report, Jeff owns 55 million shares of Amazon which is roughly 12 percent of the total shares that are outstanding. Jeff owned more than 80 million Amazon shares when he was at its highest. As part of his agreement to divorce in April with MacKenzie Bezos, Jeff transferred 19.7 million shares to his ex-wife. The value of the shares as of transfer was $36 billion. The settlement decreased Jeff's net worth from $150 billion to $114 billion. Jeff was also an early investor prior to the IPO of Google.com and has around $1 billion of shares in the company now known as Alphabet Inc.This was before the divorce, so he held the equivalent of 80 million shares. Jeff's net worth hit the record high of $170 billion at that valuation.
Saturday, January 21, 2023
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