Amazon is a multinational technology company with headquarters in the United States that focuses on e-commerce, cloud computing, digital streaming, artificial intelligence, and digital advertising. It has been called one of the most influential economic and cultural forces in the world, making it one of the most valuable brands in the world.
It offers services for shopping online. It divides its operations into the following divisions: The North America segment includes international, North American, and Amazon Web Services. The North American segment includes subscriptions and retail sales of consumer goods through North American-focused websites like www.amazon.com and www.amazon.ca.
About The Amazon Wiki
|Founder / Owner||Jeff Bezos|
|Founded||July 5, 1994|
|Head Office||Seattle, Washington, and Arlington, Virginia, U.S.|
Ownership Of Amazon Inc. :
The International segment offers subscriptions and retail sales of consumer goods through websites with an international focus. The AWS segment sells its storage, database, compute, and AWS service offerings worldwide to start-ups, businesses, government agencies, and educational establishments. The company was founded in July 1994 by Jeffrey P. Bezos and is based in Seattle, Washington.
It started out as a book marketplace online, but it has since expanded into many different product categories, earning it the name “The Everything Store.”
It is one of the Big Five companies in the United States in the information technology sector, along with Alphabet, Apple, Meta, and Microsoft. It has a large number of owners because it is listed on the public. Top shareholders are listed here.
|Shareholder’s Name||Shares/Equities||Equities in %|
|The Vanguard Group, Inc.||652,663,911||6.41%|
|SSgA Funds Management, Inc.||326,727,487||3.21%|
|T. Rowe Price Associates, Inc.||311,971,394||3.06%|
|Mackenzie T Bezos||293,114,720||2.88%|
About Jeff Bezos:
American businessman, media tycoon, investor, computer engineer, and commercial astronaut Jeffrey Preston Bezos. He is Amazon’s former president and CEO, executive chairman, and founder. Bezos is the third richest person in the world and the richest person from 2017 to 2021, according to Forbes and Bloomberg’s Billionaires Index. As of October 2022, his net worth will be around US$139 billion.
In 2000, Bezos established the suborbital spaceflight services and aerospace manufacturer Blue Origin. In 2015, Blue Origin’s New Shepard spacecraft successfully returned to Earth from space. In addition, in 2013, he paid $250 million for the major American newspaper The Washington Post. Through his venture capital firm, Bezos Expeditions, he manages numerous other investments. Bezos and Yuri Milner, the founder of Mail.ru, co-founded the biotechnology company Altos Labs in September 2021.
After his net worth increased to $150 billion in July 2018, Bezos became the “richest man in modern history” and became the first cent millionaire on the Forbes wealth index. Forbes reported that he had a net worth of more than $200 billion in August 2020. His wealth increased by approximately $24 billion in 2020 during the COVID-19 pandemic.
Bezos resigned as Amazon’s CEO and President on July 5, 2021, and assumed the position of executive chairman; Bezos was replaced as Amazon’s CEO and President by Andy Jassy, who heads the company’s cloud computing division. He flew into space with Mark, his half-brother, on July 20, 2021. The suborbital flight lasted for more than ten minutes and reached a maximum altitude of 66.5 miles (107.0 kilometers). With a net worth of $151 billion, he was ranked second on the Forbes 400 list of the wealthiest Americans in September 2022.