American businessman, philanthropist and space explorer Jeff Bezos is perhaps best recognized for the creation of Amazon.com. Jeff Bezos, the founder as chief executive officer, chief operating officer, and president of Amazon.com, is also the chairman of its board. He was the first to surpass Bill Gates in terms of wealth in July 2017. He was the richest person in the world without interruption between October 2017 until January 2021.According to the most recent SEC report, Jeff owns 55 million shares of Amazon approximately 13% of the shares in circulation. At his peak his holdings were the equivalent of 80 million shares in Amazon. Jeff donated 19.7 million shares of Amazon to his wife as part of the agreement to divorce in April with MacKenzie Bezos. At the time of the transfer the shares were worth 36 billion dollars. The settlement temporarily reduced Jeff's net worth from $150 billion to $114 billion. Jeff was also a investor prior to the IPO of Google.com and has at least $1 billion worth of shares in what is now known as Alphabet Inc.This was prior to his divorce so he still owned 80 million shares. At that valuation Jeff's net worth was an all-time record of $170 billion.
Sunday, January 15, 2023
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