Amazon founder Jeff Bezos is richest man on planet

New York: As Amazon became the second US firm to hit a trillion-dollar value on the stock market, founder Jeff Bezos regained the crown as the richest person on the planet.

Amazon’s share price has climbed during the year, lifting the personal wealth of the company’s 54-year-old founder with it. Forbes estimated his net worth about $166 billion. He has gone on record with a formula for success that includes taking bold bets, riding change and rebounding from setbacks.

“You need to be nimble and robust so you need to be able to take a punch and you also need to be quick and innovative and do new things at a higher speed, that’s the best defense against the future,” Bezos said in an interview published in Vanity Fair magazine last year. “You have to always be leaning into the future. If you’re leaning away from the future, the future is gonna win, every time.”

Jeffrey Preston Bezos’s penchant for experimenting reportedly dates to a young age — with one widely-recounted story telling that he tried to dismantle his own crib as a toddler.

His mother was a teenager when she gave birth to Bezos in Albuquerque, New Mexico, on January 12, 1964.

‘Disruptor-in-chief’

Bezos has such a proven track record for shaking up the business sectors he enters that he has been dubbed “disruptor-in-chief.”

A fan of science fiction and in particular British author Iain Banks, he has passions other than Amazon.

Son of a migrant from CUBA

  • “My dad came here from Cuba all by himself without speaking English when he was 16 years old, and has been kicking ass ever since,” Bezos said in a Father’s Day tweet.
  • His mother’s family were settlers in Texas, where Bezos spent many a summer working at a ranch owned by a grandfather retired from a job as a regional director.
  • Like his company, Bezos has transformed with time, shaving his head and bulking up his body with exercise.
  • His mother was a teenager when she gave birth to Bezos in New Mexico on January 24, 1964.

(With inputs from AFP)