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Sep 25, 2022 · The story is this – in 1998 when Larry Page’s and Sergey Brin’s Google offices were a Menlo Park, California garage – Bezos invested $250,000 of personal funds into the fledgling search engine in a $1 million follow-on investment round.
- Jay Turo
Growthink’s Co-Founder & CEO, Jay Turo, has led Growthink’s...
- Jay Turo
Nov 27, 2023 · Bezos’s investment was not just a financial gamble; it was a bet on vision and innovation. He contributed $250,000 to Google during a $1 million follow-on investment round.
- Jeannine Mancini
Jeff Bezos made a personal early investment in Google in 1998, four years after founding Amazon as detailed in The Everything Store: Jeff Bezos and the Age of Amazon.
He was one of the first shareholders in Google, when he invested $250,000 in 1998. That $250,000 investment resulted in 3.3 million shares of Google stock, worth about $3.1 billion in 2017. [124] [125] He also invested in Unity Biotechnology, a life-extension research firm hoping to slow or stop the process of aging. [126]
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Jeff Bezos graduated from Princeton University with degrees in computer science and electrical engineering. Upon graduating, he turned down offers from Intel and Bell Labs to join a startup called Fitel. He helped launch a news-by-fax service company with Halsey Minor, the founder of CNET, which failed and led Bezos to become the youngest senior vi...
Bezos tried to raise capital by estimating $74 million in sales by 2000, far below the reality: $1.64 billion in sales in 1999 alone. He gathered $1 million in seed funding from angel investorsafter investments from his family. The first approximately 20 investors in Amazon with a $50,000 stake rounded to 1% would grow to be worth $3.5 billion, rep...
Jeff Bezos has holdings in traditional investments, such as real estate. His 165,000-acre Corn Ranch in Texas was acquired as the base of operations for his aerospace company, Blue Origin, and serves as the test site for the vertical-landing, manned, suborbital New Shepard rocket. His homes include multimillion-dollar holdings on the East and West ...
Jeff Bezos has invested sizable sums in charitable donations. In addition to the Bezos Family Foundation funding several education projects, Bezos has made multimillion-dollar charitable contributions to Seattle’s Museum of History & Industry and his alma mater, Princeton University. In January 2018, Bezos and his now ex-wife, MacKenzie, pledged $3...
Bezos has an affinity for the technology sector and media and communication services that connect people. Bezos invested in Twitter Inc. (now X Corp.) and the popular business news website Business Insider. In 1998, Bezos became an early investor in Google. While he hasn’t revealed what amount of the stock he owns after its initial public offering ...
In 2013, Bezos revealed his plans for the company’s revolutionary Amazon Prime subscription business to use drones to make deliveries to customers. In 2022, the first Amazon Prime Air drone deliveries began servicing limited areas with plans for future expansion. Bezo invested in the 10,000-year clock project to build a clock into the side of the S...
Through his startup, Amazon, Bezos created one of the most successful companies in the world, which brought him immense wealth. He lost the title of the richest man on Earthin 2021, but he remains the third-wealthiest person in 2024. Only Bernard Arnault and Elon Musk exceed Bezos's wealth.
- Shoshanna Delventhal
Jan 11, 2019 · Jeff Bezos also invests money on a personal level. He was an angel investor in Google in 1998, and has also put money in Uber and Airbnb. (Note: these last two companies are listed on the Bezos Expeditions website, but on Crunchbase they are listed as personal investments.)
Dec 13, 2018 · Amazon founder Jeff Bezos is also an early investor. Google moves off campus – September. September. YouTube. Armed with capital, Page and Brin move Google out of Stanford and into its...
