#Jeff Bezos

Jeff Bezos is an American business magnate. (Photo Credit: AFP)

  • The net worth of Jeff Bezos stands at approximately $203.7 USD, making him the richest person on the earth
  •  The became the first person to top the $200 billion threshold when his net worth reached $202 billion
  • Jeff Bezos went on the first human flight to space and landed back safely in West Texas on July 20.

.New Delhi, Delhi, India
Andy Jassy has overseen Amazon's tremendous growth in the cloud computing business. (Photo Credit: Twitter/@ajassy)

  • Andy Jassy started with Amazon as a marketing manager in 1997
  • He founded the company's cloud services division - Amazon Web Services - in 2003
  • Jassy will take over as the CEO from July 5

.New Delhi, Delhi, India
Elon Musk and Jeff Bezos are flip-flopping for the position of the world's richest man. (Photo Credit: AFP)

  • Jeff Bezos-owned The Washington Post published a report about Elon Musk's Tesla
  • The Post also sought Musk's comment regarding the report
  • "Give my regards to your puppet master," the Tesla chief replied

.New York, NY, USA
The two billionaires have been swapping places due to fluctuations in the value of Tesla. (Photo Credit: PTI)

  • A slide of 8.6% in Tesla shares slashed its founder and CEO Elon Musk's net worth by about $15.2 billion
  • Musk's fortune now stands at $183 billion, down from a peak of $210 billion in January
  • Amazon founder Jeff Bezos regained top spot, despite his net worth falling by $3.7 to $186.3 

.New Delhi, Delhi, India
Jeff Bezos founded Amazon in his garage in 1994. (Photo Credit: AFP)

  • Jeff Bezos said 'he will step on to the position of  Executive Chair in the third quarter'
  • Andy Jassy, who heads Amazon Web Services, will take the role of CEO of the company
  • Top executives like Sundar Pichai and Satya Nadella congratulated Bezos and Jassy for their new roles

.New Delhi, Delhi, India
Jezz Bezos founded Amazon some 27 years ago and there has been no looking back ever since.(Photo Credit: Instagram/@jeffbezos)

  • Bezos will step down as CEO of Amazon later this year to focus on other business
  • The new CEO of Amazon would be Andy Jassy, who heads the cloud computing unit AWS
  • He'll also concentrate on philanthropic efforts like Day One Fund and Bezos Earth Fund

.Seattle, WA, USA
Amazon CEO Jeff Bezos started the company in 1994 (Photo Credit:AFP)

  • Head of Amazon Web Series Andy Jassy will be taking over as the CEO
  • Bezos will transition into executive chair of Amazon
  • Amazon reported a profit of $7.2 billion in the last quarter of 2020 with a 44% jump in revenue 

.New Delhi, Delhi, India
Amazon CEO Jeff Bezos with ex-wife MacKenzie Scott. (Photo Credit: AFP)

  • MacKenzie Scott unlocked a staggering sum of nearly $6 billion in charitable gifts last year
  • Unlike many other large donors, she did not attach any restrictions or naming rights requirements

.California, USA
Tesla Motors even rose on Wall Street last year. (Photo credit: Twitter/@Tesla)

  • Tesla Motors has reported profits of $721 million in 2020, compared with a loss of $862 million in 2019 
  • Elon Musk’s electric car company is also coming ahead with new plants in Germany and Texas in 2021
  • Forbes has ranked Musk second in "real-time" billionaire's list

.Los Angeles, CA, USA
The legal remedy went Jeff Bezos' way through the anti-Slapp Statute. (Photo: Instagram/@jeffbezos)

  • Jeff Bezos said in his request that Michael Sanchez had leaked private communication between him and his girlfriend
  • Sanzhes had earlier filed a defamation lawsuit against Bezos to coerce the Amazon CEO into a settlement
  • The lawsuit by Sanchez was dismissed by a California state judge