Richest Man In The World
Jeff Bezos Age: 57 Residence: Seattle Founder and Executive Chair: Amazon ( AMZN ) Net Worth: $177 billion 1 Amazon Ownership Stake: 11% ($178 billion) Other Assets: Blue Origin ($7.15 billion private assets), The Washington Post ($250 million private assets), and $13.4 billion in cash In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle, shortly after he resigned from the hedge fund giant D.E. Shaw. In fact, he had originally pitched the idea of an online bookstore to his former boss David E. Shaw, who wasn’t interested.Though Amazon.com originally started out selling books, it has since morphed into a one-stop-shop for everything under the sun, and is arguably the world’s largest retailer. At any rate, it is hard to dispute its self-description as the "Earth's most customer-centric company." 5 Its pattern of constant diversification is evident in some of its unexp...