JEFF BEZOS

http://www.amazon.com/

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Place of birth : Albuquerque, New Mexico, United States of America

Places lived : Albuquerque, Houston, Miami

Net worth : US$6.8 billion (2009)

Jeff Bezos, 46,  is the founder, president, chief executive officer and chairman of the board of Amazon.com. He worked on building a network for international trade for a company called Fitel. Then Bezos worked for Bankers Trust, becoming the vice-president. Later on he also worked in computer science for D. E. Shaw & Co.

Bezos founded Amazon.com in 1994 after making a cross country drive from New York to Seattle, writing up the Amazon business plan on the way and setting up the original company in his garage. His work with Amazon eventually led him to become one of the most prominent dot-com entrepreneurs. In 2004, he founded a human spaceflight startup company called Blue Origin.

Bezos is known for his attention to business process details. As described by Condé Nast’s Portfolio.com,

“He is at once a happy-go-lucky mogul and a notorious micromanager. … an executive who wants to know about everything from contract minutiae to how he is quoted in all Amazon press releases.”

AAI is the underlying principle behind Amazon Mechanical Turk. He didn’t invent online shopping, but he almost single-handedly turned it into a multi-billion-dollar enterprise. But Amazon.com isn’t just an internet success story. It’s the standard by which all web businesses are now judged — if not by their shareholders, then by their customers.

Along the way, Bezos was named Time’s Man of the Year in 1999 for his role in the popularity of online shopping, and Amazon has expanded beyond books, offering everything from regular grocery deliveries to high-end electronics. The renamed Amazon.com was incorporated in 1994 in Washington state, went public in 1997, and reported its first profits in 2002.

Bezos continued to serve as Amazon’s CEO; though his salary is under six figures, he owns nearly a quarter of the company’s stock, making him number 35 on Forbes’ 2007 list of the world’s wealthiest people, with a net worth of $8.7 billion. If the Internet was the new rock and roll, Jeff Bezos…was its Elvis … Today he’s the ultimate dotcom survivor. Most of his peers have all but vanished!

“We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.”

“A brand for a company is like a reputation for a person. You earn reputation by trying to do hard things well.”

“If you do build a great experience, customers tell each other about that. Word of mouth is very powerful.”