Friday, July 29, 2016

How the creator of Amazon, Jeff Bezos, became the third richest person in the world – BBC World

Jeff Bezos, CEO Amazon Image copyright Getty Images
Image caption Jeff Bezos founded Amazon in 1994 as a shop selling books online .

A staggering rise in earnings and the value of the shares of Amazon have made its founder, Jeff Bezos, in the third person more rich planet, according to Forbes magazine specializing in business.

The publication, which annually publishes a list of the richest in the world, estimated net worth Bezos $ 65 . 300 000 000 .

Much of the wealth of the entrepreneur is tied to Amazon, where he owns 18% of the shares.

And his rise in the rankings of the most millionaires in the world should thanks to gains Amazon in recent months have exceeded all expectations of economic analysts.

Amazon earned receipts by more US $ 30 . 400000000 in the second quarter, a dramatic increase of 31% over the same period last year.

Jeff Bezos

  • born in Albuquerque, New Mexico, in 1964
  • he studied at Princeton University and worked on Wall Street
  • he founded Amazon as a bookselling company in Seattle, USA, in 1994
  • The company expanded dramatically, but struggled to have earnings
  • Being a fan of lifelong Star Trek, founded the space company Blue Origin in 2000
  • bought the Washington Post in 2013
  • has a reputation as a tenacious leader, concerned about pleasing customers

proceeds from e-commerce giant climbed US $ 857 million in the second quarter, compared with $ 92 million obtained in 2015.

According to Forbes, fortune Bezos is only surpassed by the founder of Microsoft Bill Gates , who has an estimated US $ 78.000 million heritage and Zara founder Amancio Ortega , who adds US $ 73,100 million.

Until his luck changed last year, the company founded by Bezos in Seattle as a Company sale online books, was known for almost not announce their earnings. However, since then it has not stopped growing.

For example, since February this year, shares have risen 50%, thanks to Services and Pr ime , which offer additional benefits to their customers, such as unlimited free shipping for an annual payment.

This service has been a spectacular international growth. Amazon announced in June the expansion of this service in India , which expects to benefit from a vast consumer market.

The company also improved its Prime service with a better video service, an area with which competes with Netflix .

The Day Prime, an event global and exclusive shopping for customers Amazon Prime which took place on July 12 was the day higher sales in the history of the company.



Image copyright Getty Images
Image caption Amazon gains have benefited by strong demand for its premium services and cloud services.

Although Amazon does not disclose data about their service , the company investment analysis Consumer Intelligence Research Partners estimates the revenue generated by this service in near of 63 million. Members of Prime spend an average of $ 1 . 200 a year , compared to US $ 500 for nonmembers.

cloud services

proceeds from Amazon for its cloud services also increased so spectacular , at 58.2% to reach US $ 289,000 million, also exceeding analysts’ expectations.

sales in this area increased 10% in North America and 8% in the rest of the world.

Amazon has increased its market share cloud services in connection with rivals like Microsoft and google .

It also has sought to expand its presence in other sectors and launched a food shop selling online in the UK.

Earlier this month, also it announced an agreement with the bank Wells Fargo US. , to offer discounts on student loans to customers Prime your services.

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