Who is Jeff Bezos ? A Detailed Biography of Jeff Bezos
Who is Jeff Bezos ? A Detailed Biography of Jeff Bezos

Who is Jeff Bezos ? A Detailed Biography of Jeff Bezos

Story of Jeff Bezos

If you have a distant thinking and do not miss out on big decisions in life, then you too can become a successful businessman. Story of Jeff Bezos, CEO of Amazon Dotcom, the world’s largest e-commerce company, has progressed following these things. Jeff Bezos net worth in indian rupees has assets worth Rs 8.29 lakh crore, while his company Amazon is worth Rs 66.32 lakh crore.

Started the company after leaving the job:

When Jeff Bezos was thinking about leaving the job and starting Amazon, he decided on the basis of ‘minimum repentance’ policy. He thought that at the age of 80 he would not regret leaving the job, but he would regret that he did not benefit from the online gold rush. He has said this many times in his interview.

Started the company in 1994:

Jeff Bezos founded his company in July 1994 and started it in 1995. Richest man jeff bezos first wanted to name it Kadebra.com, but after 3 months he changed its name to Amazon.com.

The name of the company named after the Amazon River:

He chose the name of the world’s largest river Amazon because he wanted to become the world’s largest online book seller company. His website started as an online bookstore, but later started selling DVDs, software, electronics, clothes.

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The initial capital came from parents:

The Amazon company started in the garage. That too, richest man jeff bezos himself created software for online sales from only 3 computers. His parents raised the initial capital of three lakh dollars. At the time of setting up the company, his father asked him the first question, ‘What is Internet?’ To this, his mother replied that ‘We have placed bets on Jeff, not on the Internet.

The initial capital was received from the parents:

The Amazon company started in the garage, which was also made by Bezos himself, the software for online sales from only 3 computers. His parents raised the initial capital of three lakh dollars. At the time of setting up the company, his father asked him the first question, ‘What is the Internet?’ To this, his mother replied that ‘We have placed bets on Jeff, not on the Internet.

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Initially selling books:

On July 16, 1995, Jeff Bezos started selling books on his website. In the first month, Amazon sold books in 50 US states and 45 other countries, but this was not easy. Books had to be packed on the knees on the ground and had to go on their own to deliver the parcel. Bezos’ hard work paid off and by September 1995, sales of $ 20,000 a week began. Story of Jeff Bezos, CEO of Amazon Dotcom, the world’s largest e-commerce company, has progressed following these things. Jeff Bezos net worth in indian rupees has assets worth Rs 8.29 lakh crore, while his company Amazon is worth Rs 66.32 lakh crore.

The Big Turn in 2007:

The company took a major turn in November 2007, when Amazon launched the Amazon Kindle name in the e-book reader market, through which the book could be quickly downloaded and read. This made a big profit for the company. Due to this, sales of Kindle increased, books of books read in the other Kindle format also increased. This was very convenient for the customers, because now they did not have to wait for the book to arrive and the desired book would come to them within minutes.

This is how the company’s revenue:

Net banking era began. Jeff Bezos took the most advantage of this. His revolution has increased the company’s revenue from $ 10 million in 1997 to 12 thousand million dollars.

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