JEFF BEZOSBy: Rahma Haseeb

Early Life• CEO, Amazon.com• Age = 50• Source Of Wealth:

Amazon.com, Self Made• Residence: Seattle, WA• Born in: New Mexico• Citizenship: United States• Education: Bachelor of

Arts / Science, Princeton University

NET worth: $27.2 BillionAccording to Sep 2013

• Founded Amazon in 1994 now with market capitalization of $132 billion and revenues of $61 billion.

• In 2000, Bezos founded Blue Origin, a human spaceflight startup company, partially as a result of his fascination with space travel

• On August 5, 2013, Bezos announced his purchase of The Washington Post for $250 million in cash.

The 3 BIG ideas behind Amazons success

The 3 BIG ideas behind Amazons success

• Putting the customer 1st:Amazon first faced great problems in

fulfilling orders because it did not own any warehouses.

But now it is the most highly used website and trusted too

As an entrepreneur, putting the customer first means that you must accomplish an act of empathy

• Invent: He decided to tackle the online grocery

delivery business by starting AmazonFresh in 2007 in the Medina and Mercer Island neighborhoods of Seattle and by 2012 had spread to other Seattle communities

In 2012, Amazon acquired Kiva for $775 million and uses it to help make AmazonFresh a success

• Be patient:You do not get everything right the

very first time.Failure is healthyDo experiments, build inexpensive

prototypes and get feedback on it.

• After reading a study in 1994 that stated the internet was growing at a rate of 2,300% per year, Jeff Bezos decided to capitalize on that growth with his e-commerce start up Amazon.

• Business whiz Jeff Bezos started Amazon.com in the garage of his rented house with start-up money he borrowed from his parents.

• He started with $300,000 borrowed from his parents.

Recognitions• Jeff Bezos on Forbes Lists:#15 Powerful People#27 in 2012#12 Forbes 400#19 Billionaires#12 in United States

• He was named Time magazine's Person of the Year in 1999.

•  In 2008, he was selected by U.S. News & World Report as one of America's best leaders.

•  Bezos was awarded an honorary doctorate in Science and Technology from Carnegie Mellon University in 2008.

• In 2012, Bezos was named Businessperson of The Year by Fortune.

• He was named Time magazine's Person of the Year in 1999