How Jeff Bezos Became the World's Richest Man

How the richest people made money, Mohed Altrad made his first million in the scaffolding business.

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The founder and chief executive officer CEO of global e-commerce behemoth Amazon. When Bezos had his idea for "the everything store," his well-intentioned friends and family tried to talk him out of quitting his "stable job" in finance.

After the venture failed, Bezos became the youngest senior vice president at a hedge fund called D. Shaw, working his way up the ranks in just four years.

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Within its first month after launch in JulyAmazon sold books in every state in the U. Between and Bezos sold more than a million shares and also distributed additional shares to his ex-wife as part of divorce proceedings. His ,acre Corn Ranch in Texas was acquired as the base of operations for his aerospace company, Blue Origin, and serves as the test site for the vertical-landing manned suborbital New Shepard rocket.

  • How Jeff Bezos Became the World's Richest Man
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  • It might not be how you think.
  • But the rest of the Forbes billionaires of them made their money the old-fashioned way — by working for it.

Amazon took possession of nearly a dozen buildings, almost 2 million square feet of office space and approximatelysquare feet of retail space. In addition to the Bezos Family Foundation that funds several education projects, Bezos has made individual multimillion-dollar charitable contributions to the Seattle Museum of History and Industry, as well as to his alma mater, Princeton University.

In the media and communications sector, Bezos has invested in Twitter, Inc.

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Bezos is a big believer in the cloud, as evidenced by Amazon's major push into providing cloud computing services. However, his investment interest does not end with his own company. One of his notable investment successes is Workday, Inc.

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How the richest people made money 10,year clock project is an effort to build a clock into the side of the Sierra Diablo mountain range in Texas, a clock that literally keeps on ticking for 10, years. The clock is planned to have a chime generator that generates a different chime sound for each day.

How the world’s richest billionaires made their money

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In the early months of the pandemic, as local businesses across the country closed, tens of millions of Americans lost their job. Now, more than half a year later, more than 11 million Americans remain unemployed and many shops and restaurants will never reopen.