How Jeff Bezos became world’s richest person?

Jeffrey Preston Bezos is one of the richest people in the world according to the Forbes and Bloomberg’s Billionaires Index. He is an American business magnate, media proprietor, and investor. Jeff Bezos is the founder and CEO of Amazon, net worth approximately $179.6 billion. He is also the owner of the ‘Blue Origin’ and ‘Washington Post’ newspaper.

The early life of Jeff Bezos:

Bezos was born in Mexico in 1971, mother Jacklyn and father Ted Jorgense. Only one year, his parents were separated. Later, she remarried Miguel Bezos when Jeff was 4 years old at that time in 1968.  Jeff grew and interested in computer science. He completed his graduation and got offers from Intel and Bell labs but Jeff denied them all. Only 30 years, Jeff Bezos was already drawing a six-figure salary. When people called him a successful person, he had made other plans. He found that the world of the web is growing by 2300%.

Why Amazon is so successful?

Amazon came into existence through the constant quest of building a quality organization. Jeff has established Amazon with the pillars of strong character, single-minded focus and provides the highest consumer experience to every association with the company.

How the internet can function, Jeff Bezos was built a web retailing system while the world still wondering.

What are Jeff Bezos’s failures?

Jeff experimented and initiated which failed terribly in many ventures, but that’s the culture of growth. If you aren’t failing, you aren’t doing anything important. One such example of Bezos’ experiment is the Fire phone in which he lost around $170 million. Despite all efforts, the fire phone couldn’t compete with Android and iPhone, despite all efforts as well as Amazon Local. It was an initiative to provide a daily which did not come well. Amazon, wallet, Amazon local registers, Music importer, Test Drive, Amazon Webpay,, Askville, are the other list.

Invention is the crux:

Amazon has never been a focus on defeat its competitors but it focuses on helping consumers and building value for them. It keeps them engrossed in implementing their plans and policies. Jeff’s think leadership, the group employed over 1.3 million talented and dedicated individuals while keeping invention as its core focus.

Bezos declared on February 2021 that he will be stepping down as the CEO of Amazon soon to ensure an adamant focus on other projects. Jeff’s career trajectory illustrates, an idea always remains an idea until you try that out.