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Jeff Bezos

Amazon Ascends, Tesla Tumbles: Bezos Overtakes Musk as World's Richest

Amazon Ascends, Tesla Tumbles: Bezos Overtakes Musk as World's Richest

Wed, Mar 06, 2024

In a dramatic shift, Elon Musk cedes his title as the world's richest person to Jeff Bezos, following a 7.2% decline in Tesla's stock value. The Tesla CEO's fortune takes a hit amidst market fluctuations, allowing Bezos, the Amazon founder, to reclaim the top spot on the wealth leaderboard.

Jeff Bezos sells 24 million Amazon shares worth over $4 billion

Jeff Bezos sells 24 million Amazon shares worth over $4 billion

Thu, Feb 15, 2024

Earlier this month, the company said that Bezos is planning to sell at least 50 million Amazon shares over the next year.

Jeff Bezos-backed trucking startup Convoy shuts down core biz, lays off hundreds

Jeff Bezos-backed trucking startup Convoy shuts down core biz, lays off hundreds

Fri, Oct 20, 2023

Amazon founder Jeff Bezos-backed Convoy had around 500 employees before the announcement to shut down core operations.

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Jeff Bezos' Blue Origin lays off nearly 40 employees

Jeff Bezos' Blue Origin lays off nearly 40 employees

Wed, Oct 11, 2023

A report in The Information, citing sources, said that more than three dozen employees have been asked to go at the company.

Amazon executive Dave Limp to join Jeff Bezos' Blue Origin as CEO

Amazon executive Dave Limp to join Jeff Bezos' Blue Origin as CEO

Tue, Sep 26, 2023

Dave Limp, head of Amazon devices and services who has been with the company for nearly 14 years, confirmed in August that he was stepping down.

Bezos, Sanchez announce $100 million fund to help Hawaii recover from wildfire

Bezos, Sanchez announce $100 million fund to help Hawaii recover from wildfire

Sat, Aug 12, 2023

Billionaire Jeff Bezos and his girlfriend Lauren Sanchez have announced a $100 million fund to help with recovery efforts for the wildfires in Maui, Hawaii.

Bezos, Gates-backed brain implant startup testing mind-controlled computing on humans

Bezos, Gates-backed brain implant startup testing mind-controlled computing on humans

Tue, Feb 21, 2023

US-based brain interface startup, Synchron, backed by Amazon founder Jeff Bezos and Microsoft co-founder Bill Gates, is working on technology designed to transform daily life for people with paralysis.

Jeff Bezos warns of recession, advises people to avoid expensive purchases

Jeff Bezos warns of recession, advises people to avoid expensive purchases

Mon, Nov 21, 2022

Due to the recession fear, he advised Americans to avoid purchasing high-ticket items such as expensive cars and televisions.

Amazon founder Jeff Bezos says he will give away most of his fortune

Amazon founder Jeff Bezos says he will give away most of his fortune

Tue, Nov 15, 2022

Bezos and Sanchez announced they will give a no-strings-attached $100 million grant to singer Dolly Parton, who’s been praised for her philanthropic work that helped create the Moderna vaccine for COVID-19.

Jeff Bezos responds to Elon Musk's tweet about converting Twitter HQ into homeless shelter

Jeff Bezos responds to Elon Musk's tweet about converting Twitter HQ into homeless shelter

Mon, Apr 11, 2022

Hours after tech billionaire Elon Musk posted a Twitter poll asking if the social media company's San Francisco headquarters should be converted into a homeless shelter, the Founder of Amazon, Jeff Bezos seems to have liked the idea floated by Tesla chief.

Billionaire Jeff Bezos sues NASA over awarding this contract to Elon Musk-owned SpaceX

Billionaire Jeff Bezos sues NASA over awarding this contract to Elon Musk-owned SpaceX

Tue, Aug 17, 2021

Billionaire Jeff Bezos space firm Blue Origin has sued US space agency NASA for picking Elon Musk-owned SpaceX for its prestigious $2.9 billion Moon lander programme.

Bill Gates and Jeff Bezos-backed firm to pay $15 mn to hunt metals for EVs

Bill Gates and Jeff Bezos-backed firm to pay $15 mn to hunt metals for EVs

Thu, Aug 12, 2021

KoBold Metals, a mineral exploration company backed by Bill Gates, Jeff Bezos, former New York Mayor Michael Bloomberg and Bridgewater Associates founder Ray Dalio, has entered into a joint venture with London-based mining firm Bluejay.

'Best day ever': World's richest man Jeff Bezos after first unpiloted suborbital flight

'Best day ever': World's richest man Jeff Bezos after first unpiloted suborbital flight

Wed, Jul 21, 2021

World's richest man Jeff Bezos has landed back on Earth after successfully completing the first-ever unpiloted suborbital flight that made history with the youngest and oldest person to space.

Space Tourism: After Richard Branson, Jeff Bezos set for inaugural space voyage; All you need to know about two spaceships—Unity 22 two and New Shepard

Space Tourism: After Richard Branson, Jeff Bezos set for inaugural space voyage; All you need to know about two spaceships—Unity 22 two and New Shepard

Tue, Jul 20, 2021

Jeff Bezos space voyage: New Shepard is a 60-foot-tall (18.3-meters-tall) and fully autonomous rocket-and-capsule combo that cannot be piloted from inside the spacecraft.

Jeff Bezos to fly to space on Blue Origin rocket

Jeff Bezos to fly to space on Blue Origin rocket

Mon, Jun 07, 2021

Amazon.com Inc founder Jeff Bezos brother will fly to space next month on the first space flight from his rocket company Blue Origin, the billionaire said on Monday.

Jeff Bezos to step down as CEO on Amazon's foundation day; Andy Jassy to replace him

Jeff Bezos to step down as CEO on Amazon's foundation day; Andy Jassy to replace him

Fri, May 28, 2021

Amazon founder Jeff Bezos has decided to step down as the CEO of the company on July 5. Amazon executive Andy Jassy will take over the CEO’s role on July 5, informed Bezos on Wednesday.

Who is Bernard Arnault? Not Elon Musk, THIS French fashion tycoon DETHRONED Amazon boss Jeff Bezos as the World's RICHEST PERSON in Forbes Real-Time Billionaires List

Who is Bernard Arnault? Not Elon Musk, THIS French fashion tycoon DETHRONED Amazon boss Jeff Bezos as the World's RICHEST PERSON in Forbes Real-Time Billionaires List

Tue, May 25, 2021

Amazon founder Jeff Bezos is not any more the world's richest man on the planet. The e-commerce giant founder has been dethroned by Bernard Arnault and family. Arnault is chairman and chief executive of Louis Vuitton Moet Hennessy.

Revealed! What Amazon boss Jeff Bezos said about his ex-wife's marriage

Revealed! What Amazon boss Jeff Bezos said about his ex-wife's marriage

Tue, Mar 09, 2021

"Dan is such a great guy, and I am happy and excited for the both of them."

MacKenzie Scott Marriage: Ex-wife of Amazon boss Jeff Bezos marries this man - Who is he? His profession? Read full letter

MacKenzie Scott Marriage: Ex-wife of Amazon boss Jeff Bezos marries this man - Who is he? His profession? Read full letter

Mon, Mar 08, 2021

According to a latest development, MacKenzie Scott, the billionaire philanthropist and the former wife of Amazon.com Inc founder Jeff Bezos, has remarried.

Meet Andy Jassy - Next Amazon CEO! Outstanding leader, Harvard alumnus knows India's big business potential

Meet Andy Jassy - Next Amazon CEO! Outstanding leader, Harvard alumnus knows India's big business potential

Wed, Feb 03, 2021

Andy Jassy says India is one of the fastest growing markets.

AWS head Andy Jassy to replace Jeff Bezos as Amazon CEO

AWS head Andy Jassy to replace Jeff Bezos as Amazon CEO

Wed, Feb 03, 2021

In a surprise development, Jeff Bezos who made Amazon one of the most dominant tech firms in the world has announced to step down from his position and move to a new position as executive chair of the Board in the third quarter (Q3) this year.

Amazon reports 37% growth in sales, expects bumper holiday season

Amazon reports 37% growth in sales, expects bumper holiday season

Fri, Oct 30, 2020

Ecommerce behemoth Amazon has reported better-than-expected Q3 results in the pandemic times when people tend to shop more online, as net sales increased 37 per cent to $96.1 billion in the third quarter, compared with $70 billion in the third quarter 2019.

Amazon boss Jeff Bezos becomes world’s first person to hit net worth of $200 Billion

Amazon boss Jeff Bezos becomes world’s first person to hit net worth of $200 Billion

Thu, Aug 27, 2020

While the rest of the world is trying to recover from the economic impact of the COVID-19 crisis, Jeff Bezos continues to flourish. The Amazon boss on August 26 became the first-ever individual to hit a net worth of $200 billion.

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