20 Interesting Facts About Jeff Bezos and Amazon Company
Do You Know These Interesting Amazon Facts? Let’s Start According to the list of Forbes billionaires, Jeffrey Preston Bezos, owner of the American e-commerce company Amazon.com, has become the world’s largest wealth maker in the year 2018 and Jeff Bezos’s property is worth $ 110 billion (about 7.15 lakh crores). Do you think you know everything there is to know about Jeff Bezos? Think again! Check out these 20 interesting facts about Jeff Bezos and Amazon Company, you may have never heard.
World’s First ‘12 Digit Man‘
He can be the world’s first ‘12 Digit Man‘. According to the International Network Oxfam of organizations working for poverty alleviation, Jeff Bezos can become the world’s first trillionaire in the next 25 years. According to CNBC, “Bezos can be the first person in the world, whose net worth will be around 650 billion rupees per day.“
How Much is Earn in a Day by Jeff Bezos?
Jeff Bezos earns in a minute, even an average millennial does not earn in a year. He had earned about 1,254 billion rupees last year, which is about Rs 338 crore per day, more than Rs 13 crore per hour and 23,40,000 rupees per minute, which is one year’s salary of an average millennial.
When did Jeff Bezos become a Billionaire?
Amazon’s founder became a billionaire in 1998 after being listed in the company’s stock market. Then Warren Buffett was the second richest person in the world, whose net worth was 12.77 billion rupees. About 20 years later today, Bezos’s property is 650 billion more than Buffett’s property.
Relation Between Jeff Bezos and Princeton University
Jeff Bezos had a degree in Electrical Engineering and Computer Science from Princeton University in 1986. In March 2017, Princeton’s endowment was $ 1,482 billion, which is almost a quarter of its Networth of Bezos. He donated some of his property to the university. In 2011, Bezos and his wife, Princeton Graduate McKinsey, paid Rs 66 crores to build a centre at the Princeton Neuroscience Institute.
Property in WaterFront Estate
Jeff Bezos had bought 5.5 acres of waterfront estate in the suburb of Seattle in Madina, about Rs 42 crores in 1998. Then Amazon was listed in the stock market a year and its net worth was 68 billion rupees. Then the price of this estate was just 0.625% of his net worth. Since then, Bezos and his wife bought several properties from that estate and spread their boundary to more than 10 acres of area. Now its price is about 455 crores.
FACT#1. Amazon was launched by Jeff Bezos on July 5, 1994.
FACT#2. Amazon is the world’s largest online retailer.
FACT#3. Amazon.com had started a Garage. Initially, they sold books.
FACT#4. The website of Amazon was down for 49 minutes in 2013.
FACT#5. A surprising Amazon fact !! All staff members spend time two days of two years in the Customer Service Department.
FACT#6. Powerpoint presentations (PPT) are not available in the Amazon Team Meeting.
FACT#7. Amazon also provides services like Web Hosting and Content Distribution along with Online Shopping.
FACT#8. The name of Amazon Company is named after the world’s largest Amazon river.
FACT#9. Amazon.com is also the world’s largest bookstore.
FACT#10. Amazon is also one of the world’s most visited top 10 websites.
FACT#11. There are about three lakh employees in Amazon. (According to the figures of 2018)
FACT#12. The name of the first book sold on Amazon Which was ‘Fluid Concepts and Creative Analogies.
FACT#13. Many robots also work at Amazon.
FACT#14. Jeff Bezos wants to keep his company’s name ‘Cadabra‘.
FACT#15. Earlier, whenever a person bought a book from Amazon, a ring was played in the office of Amazon. But later the ring started ringing so much that it fired.
FACT#16. Amazon has created a separate retail website for the United States, United Kingdom, Ireland, France, Canada, Germany, Italy, Spain Netherlands, Australia, Brazil, Japan, China, India, and Mexico.
FACT#17. Amazon didn’t advertise on television for seven years from 2000 to 2007 and resumed TV ads only with the introduction of the Kindle.
FACT#18. Ever since its president and COO Joe Galli quit Amazon in 2000, the company hasn’t designated anyone as a President or a COO.
FACT#19. Bezos once had a habit of keeping a chair empty in meetings to represent the customer.
FACT#20. Amazon launched A9.com as a search engine to combat Google but the general search engine at A9.com was a failure and was shut down soon.