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Who are Jeff Bezos’ parents?
AMAZON founder Jeff Bezos sought the help of his parents to kick start his company back in 1995.
Since then, Amazon has become one of the top five wealthiest companies globally, with a net worth of over $314billion.
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Who are Jeff Bezos' parents?
, 57, was born in Albuquerque, New Mexico, to Jacklyn and Ted Jorgensen.
Jacklyn was 17-years-old when she gave birth to Bezos and was still a high school student at the time.
Bezos’ dad Ted owned a local bike shop in the city.
The pair divorced in 1965 and Jacklyn met Miguel “Mike” Bezos shortly after and fell in love.
She and Mike moved to with Bezos and asked him to adopt her son when he was four years old.
Mike agreed and raised Bezos, even granting him his last name.
Mike came from a Cuban immigrant family and worked as an engineer for Exxon when he moved to the US.
Did Jeff Bezos’ parents help him with Amazon?
Bezos presented Mike and Jacklyn with the idea of back in 1995.
His parents lent him $245,573, which at the time was considered a large sum of money and a massive risk as the internet was fairly new.
Bezos turned $245,573 into $1trillion as of 2021 and is the
He is
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Why did Jeff Bezos step down as CEO of Amazon?
On February 2, 2021, , almost three decades from when he founded the company.
The shock announcement was made that after amassing billions during the pandemic.
Bezos said Amazon's latest results to make the transition.
He added that it will free up some of his time for other things.
At the time, Bezos wrote: "Being the CEO of Amazon is a deep responsibility, and it's consuming.
"When you have a responsibility like that, it's hard to put attention on anything else."
However, Bezos will not be leaving the company altogether.
He will be taking on a different role within the company to give him more time to work on outside projects.
He said: "I will stay engaged in important Amazon initiatives but also have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and my other passions.
into space on July 20.
"I've never had more energy, and this isn't about retiring.
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"I'm super passionate about the impact I think these organizations can have."
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When Bezos steps down as chief executive later this year, he will hand the reins to
Bezos will then take on the role of Executive Chair of the Amazon Board.
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