Jeff Bezos Facts & Worksheets

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Jeff Bezos is an American entrepreneur, philanthropist, and billionaire who is the CEO, chairman, and founder of the world’s largest e-commerce company and online shopping retailer, Amazon.

See the fact file below for more information on Jeff Bezos or alternatively, you can download our 24-page Jeff Bezos worksheet pack to utilize within the classroom or home environment.

Key Facts & Information

Jeff Bezos

• With a net worth of $197 billion as of November 2021, he was the world’s second richest person of the year.
• He founded the global e-commerce Amazon before becoming its CEO and now executive chair. The platform is responsible for 9% of total retail sales in the United States.
• As people became more fond of digitalization, Amazon’s sales increased, bringing more benefits to its founder.
• He once told his teachers, “The future of mankind is not on this planet,” implying his desire to create something new.
• Aside from running Amazon, he had a variety of investments, including real estate and other businesses.
• Every year, he made significant charitable contributions, particularly to the Bezos Family Foundation, which supported many educational projects.
• He also put $1 billion of his annual income into Blue Origin, a space exploration company that completed a crewed flight in the New Shepard spacecraft on July 20, 2021.

Early Life

• On January 12, 1964, he was born Jeffrey Preston Jorgensen. When he was born, his mother, Jacklyn, was 17 years old and a high school student, while his father, Theodore Jorgensen, was 19 years old. Jacklyn dragged him to her night school to finish high school.
• He attended a Montessori school in 1966. His parents divorced for unknown reasons, and his mother married Miguel “Mike” Bezos, a Cuban immigrant, in April 1968. Mike adopted him and changed his surname to Bezos.
• They relocated to Houston, Texas, where Mike worked as an engineer. He then attended River Oaks Elementary School from fourth to sixth grade.
• He spent his summers on his maternal grandfather’s ranch, Lawrence Preston Gise. Lawrence was a retired regional director for the United States Atomic Energy Commission.
• He was interested in and skilled in science and technology as a child. He even built an electric alarm to keep his younger siblings from entering his room.
• As their family relocated to the city, he attended Miami Palmetto High School. Before going to school, he worked at McDonald’s during the breakfast shift.
• He enrolled in the Student Science Training Program at the University of Florida. He graduated from high school as class valedictorian in 1982, earning him the National Merit Scholar and Silver Knight Award. He mentioned his dream of humanity colonizing space in his speech.
• He was a college student at Princeton University. He joined Phi Beta Kappa at the university, as well as the Quadrangle Club. He was also the president of the Students for Space Exploration and Development. He completed his Bachelor of Science in Engineering at Princeton University in 1986 with a 4.2 GPA, qualifying as a summa cum laude.
• After college, he got job offers from Intel, Bell Labs, and Andersen Consulting. However, he chose to work for a fintech telecommunications company called Fitel. In Fitel, he started working in a network for international trade but was soon promoted to head of development and director of customer service.
• He was a product manager at Bankers Trust in 1988.
• In 1990, he joined the newly founded D. E. Shaw & Co which focuses on mathematical modeling, where he became the company’s fourth senior vice-president after four years.
• In 1993, he married the novelist MacKenzie Tuttle, a research associate at D. E. Shaw in Manhattan.

Amazon

• After seeing the rapid growth of the Internet, he decided to open an online bookstore in late 1993, but he did not do so right away.
• He and MacKenzie abandoned D. Cadabra, founded on July 5, 1994, by E. Shaw. They planned to drive Amazon from New York to Seattle and rented a garage in Bellevue, Washington. The garage-run business expanded rapidly.
• Later, he changed the company’s name to Amazon. He chose something that begins with “A” because website listings were previously alphabetized and would appear earlier in online searches. He named it after the Amazon River in South America because it was the world’s largest river, and he hoped to make his company the world’s largest online bookstore.
• His parents gave him $300,000, which he put into Amazon. He had a large number of early investors, but he warned them that Amazon had a 70% chance of failing.
• By 1997, Amazon was paying for its initial public offering (IPO). He knew that the continuous growth of the Internet would also cause competition from larger book retailers like Borders and Barnes & Noble.
• He included the online sale of music and video, as well as a variety of consumer goods, in 1998. He used the previous year’s earnings to fund the aggressive purchase of smaller competitors.
• In 2002, he oversaw the launch of Amazon Web Services, which compiled data from weather channels and website traffic. Due to excessive spending, the company found itself in financial trouble.
• To save Amazon, he closed distribution centers and fired 14% of the workforce. It did, in fact, recover from financial stability in 2003.
• He introduced the Amazon Kindle in November 2007.
• In 2013, he signed a $600 million contract with the Central Intelligence Agency (CIA) for Amazon Web Services security. By October, Amazon had established itself as the world’s largest online retailer.
• In May 2016, he sold $671 million in Amazon holdings. On August 4, he sold another $756.7 million in stock.
• In 2017, he hired 130,000 new employees, the majority of whom came from the company’s distribution centers.
• His stock holdings increased in 2018. He appeared in an Amazon Super Bowl commercial. The business expanded to India. On March 6, Forbes named him the world’s wealthiest person.
• In February 2021, he stepped down as the CEO of Amazon to sit as the Board’s Executive Chairman, and Andy Jassy replaced him. He told Amazon employees that he did it to have more time for his other passions, including the Day 1 Fund, Blue Origin, and The Washington Post.

Other Business Ventures

Blue Origin

• He has expressed his interest in space travel since his youth. He founded Blue Origin in September 2000. It was a human spaceflight startup. From 2003 to 2017, Rob Meyerson led the aerospace company as its president.
• The first launch and testing facility was purchased in West Texas in 2006.
• Blue Origin’s unmanned vehicle prototype, launched in September 2011, crashed during a short-hop test flight.
• He announced the development of a new orbital launch vehicle in 2015. The New Shepard rocket successfully launched into space in November and returned to the launch site after reaching an altitude of around 330,000 feet.
• In 2018, the company began selling commercial spaceflight tickets ranging from $200,000 to $300,000 per person.

The Washington Post

• The Graham Holdings Company previously owned the Washington Post, an American daily newspaper. In 2013, he paid $250 million for The Washington Post, as suggested by a friend named Don Graham.
• He opened subscriptions to several local newspapers in Texas, Hawaii, and Minnesota in March 2014.
• He transformed the newspaper into a media and technology company in January 2016 through digital media, mobile platforms, and analytics software.

Leadership Style

• He worked at D. E. Shaw through what he called the “regret-minimization framework,” which he brought even in founding Amazon.
• To express his philosophy, he used to say, “When I’m 80, will I regret leaving Wall Street? No. Will I regret missing the beginning of the Internet? Yes.”
• He quantified every aspect of Amazon’s operations by listing employees and making decisions based on data. He pushed Amazon’s development with the slogan “Get Big Fast,” implying the scale of operations required to dominate the market.
• He considered harmony to be more important than balance in the workplace. He also believed that work and home life were inextricably linked and affected one another. He does not schedule meetings early in the morning. He enforces the two-pizza rule, which refers to the scale of meetings being small enough to feed everyone with two pizzas.
• When interviewing candidates for employment, he always considers three factors:
  • Can he admire the individual?
  • Can the individual raise the common standard?
  • In what circumstances can the individual serve as a role model?
• At Amazon, he created a hostile environment. He frequently verbally and physically abuses his employees. He also made competition between Amazon teams and even refused to give employees bus passes so they would not leave the office.

Jeff Bezos Worksheets

This is a fantastic bundle which includes everything you need to know about Jeff Bezos across 24 in-depth pages. These are ready-to-use Jeff Bezos worksheets that are perfect for teaching students about Jeff Bezos, who is an American entrepreneur, philanthropist and billionaire, and CEO, chairman and founder of the world’s largest e-commerce company and online shopping retailer, Amazon.

Complete List Of Included Worksheets

• Jeff Bezos Facts
• Jeff Bezos Wiki Page
• The Billionaire Bunch
• Amazon Trivia Boxes
• Blue Origin News
• The Washington Narrative
• Jumbled Expeditions
• Match the Titles
• Chosen Charity
• E-Commerce Era
• An Email to Jeff Bezos

Frequently Asked Questions

What is Jeff Bezos famous for?

Jeff Bezos is an American entrepreneur, philanthropist, and billionaire who is the CEO, chairman, and founder of the world’s largest e-commerce company and online shopping retailer, Amazon.

How did Jeff Bezos get so rich?

He founded the global e-commerce Amazon before becoming its CEO and now executive chair. The platform is responsible for 9% of total retail sales in the United States. Aside from running Amazon, he had a variety of investments, including real estate and other businesses.

What leadership style does Jeff Bezos use?

He considered harmony to be more important than balance in the workplace. He also believed that work and home life were inextricably linked and affected one another. He does not schedule meetings in the early morning. He enforces the two-pizza rule, which refers to the scale of meetings being small enough to feed everyone with two pizzas.

Is Jeff Bezos the richest man in the world?

On March 6, 2018, Forbes named him the world’s wealthiest person.

Why did Jeff Bezos create Amazon?

After seeing the rapid growth of the Internet, he decided to open an online bookstore in late 1993, but he did not do so right away. He and MacKenzie abandoned D. Cadabra was founded on July 5, 1994, by E. Shaw. Later, he changed the company’s name to Amazon.

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