Resilience and perseverance in the journey of Jeff Bezos. A timeline of obstacles and growth.
Jeff Bezos is an American businessman renowned as the founder and former CEO of Amazon, a global leader in e-commerce and cloud computing. Currently serving as executive chairman, Bezos has amassed significant wealth, making him one of the wealthiest individuals globally. He notably held the title of the world's wealthiest person between 2017 and 2021. His entrepreneurial success with Amazon has significantly impacted the technology and retail sectors.
In June 1965, when Jeff Bezos was 17 months old, his mother, Jacklyn, filed for divorce from his biological father, Ted Jorgensen.
In 1999, Jeff Bezos purchased a majority stake in pets.com and a portion of kozmo.com for $60 million, both of which would fail after the dot-com bubble collapse in 2000.
By the end of 2000, Jeff Bezos borrowed $2 billion from banks, as Amazon's cash balances dipped to only $350 million.
In March 2003, Jeff Bezos was a passenger in a helicopter that crashed in West Texas while surveying land to buy for Blue Origin; he sustained only minor injuries.
In September 2011, Blue Origin experienced a setback when one of its uncrewed prototype vehicles crashed during a short-hop test flight. Despite the crash, the company's progress in spaceflight was acknowledged.
In May 2014, the International Trade Union Confederation named Jeff Bezos the "World's Worst Boss", citing his promotion of the North American corporate model.
In 2015, Jeff Bezos sent a memo to employees denouncing a New York Times piece, exemplifying his tendency to publicly contest claims made in critical articles.
On May 1, 2018, forensic analysis concluded it "highly probable" that the hack was achieved using a malicious file hidden in a video sent in a WhatsApp message to Bezos from the personal account of the crown prince.
In September 2018, Senator Bernie Sanders introduced the Stop Bad Employers by Zeroing Out Subsidies (Stop BEZOS) Act and accused Amazon of receiving corporate welfare.
In 2018, a $10 billion contract known as the Joint Enterprise Defense Infrastructure (JEDI) project with the Pentagon, was allegedly written in a way that favored Amazon, leading to controversy.
In 2018, more than 400 Washington Post employees wrote an open letter to Jeff Bezos criticizing his poor wages and benefits for his employees.
On February 7, 2019, Jeff Bezos accused American Media, Inc. owner David Pecker of "extortion and blackmail" for threatening to publish intimate photos.
In March 2019, Jeff Bezos's security consultant accused the Saudi government of hacking Bezos's phone.
In November 2019, after the JEDI contract was awarded to Microsoft, Amazon filed a lawsuit alleging bias in the bidding process.
In 2019, Harvard Business Review, which had previously ranked Jeff Bezos as the best-performing CEO for 4 years in a row since 2014, did not rank him even in the top 100, citing Amazon's relatively low ESG scores.
In 2019, Jeff Bezos's wealth was reduced by his divorce from MacKenzie Bezos, who received 25% of Bezos's Amazon shares, valued at approximately $36 billion.
In 2019, a political action committee linked to Jeff Bezos spent over $1 million in an unsuccessful attempt to defeat the reelection bid of Seattle city council member Kshama Sawant.
In January 2020, The Guardian reported that the hack of Jeff Bezos's phone was initiated before the murder but after Jamal Khashoggi wrote critically about the crown prince in the Washington Post.
On July 6, 2021, the Pentagon cancelled the JEDI contract with Microsoft, citing that "due to evolving requirements, increased cloud conversancy, and industry advances, the JEDI Cloud contract no longer meets its needs."
In December 2023, around 750 employees at The Washington Post went on a brief strike in response to Jeff Bezos' plans to lay off staff.
In 2024, Jeff Bezos blocked the Washington Post's editorial board from endorsing Kamala Harris in the presidential election, leading to criticism and resignation.