Today IronTrade will tell you about one famous billionaire who earned his wealth by himself. His personality, hard work, and a bit of luck are the ingredients for this super cocktail. We think that such stories are always very inspiring.

 

Jeff Bezos is the CEO and founder of Amazon, one of the largest online marketplaces. He is 56, and he is one of the wealthiest persons in the world. His total net worth is more than $200 billion. This article will describe the most inspirational things about the most prosperous person of the modern era.

 

Childhood

 

Jeffrey Bezos was born in Mexico in a poor family. His parents divorced 2 years after his birth, and he remained with his mother. Later she got married again, and he got his last name from his stepfather – Miguel Bezos. Soon the family moved to Houston and then to Miami. When young Jeffry turned 16, he started to work at McDonald’s serving breakfasts.

Bezos liked space and always wanted to be a businessman doing things for spaceships. He even graduated from Princeton University with a Bachelor of Science. So, this education, along with hard work conviction, opened doors for his career.

 

Work and Life

 

After University, young Jeffry got several job offers from big IT companies such as Intel and The Bell. At the age of 30, he became a senior vice president in an investment fund named D. E. Shaw & Co. His career was very successful, but suddenly he decided to stop it, quit the job, and open his own company.

 

As he explained later, the idea to start an online retail business came to him when he found out that Internet usage was growing by 2300% each year. At this time, no other area was growing so fast. Another factor in quitting the job was his desire to have no regrets. He said that he did not want to lose a chance and regret it later. Indeed, at this time, it was his real chance.

 

 

What About Amazon?

 

Bezos opened Amazon in 1994 in his garage. He wrote a business plan during the trip from New York to Seattle, where he decided to move with his family after quitting the job. During the stop in San Francisco, he conducted several interviews choosing the vice president of engineering who would help him to do the initial hiring. Later he got an investment from his parents and started an online bookstore that was called Amazon.

 

The website was launched in 1995, and they were really shocked when they got their first customers. They got orders from almost all states and 40 foreign countries. So, they decided to rent a big warehouse that helped them to expand the product line. In 2013 Amazon became the most prominent online retailer in the world.

 

Blue Origin

 

Do you remember that we mentioned his love for space? It was not forgotten. Bezos started another company named Blue Origin that is often compared to Space X by Elon Musk. Both companies develop spacecraft in order to make space-traveling affordable for everyone. Currently, they are still working on commercial spacecraft that will be able to deliver passengers to space.

 

 

To Sum It Up

 

We hope that you liked this story about J. Bezos. Even though it is not about trading, it is still very motivating. What we can learn from this story is to trust our vision and instincts. Remain hardworking and goal-oriented.

 

Share your thoughts with us. IronTrade is always happy to hear from you. Who inspires you the most?