The 10 Richest People In the World
1. Jeff Bezos Age: 57 3 Residence: Seattle, WA 4 Founder and CEO: Amazon ( AMZN ) 4 Net Worth: $177 billion 2 Amazon Ownership Stake: 11% ($174 billion) 3 Other Assets: Blue Origin ($7.15 billion private assets), Washington Post ($250 million private assets), and $9.75 billion in cash. In 1994, Jeff Bezos founded Amazon.com in a garage in Seattle, shortly after he resigned from the hedge fund giant D.E. Shaw. 3 5 In fact, he had originally pitched the idea of an online bookstore to his former boss David E. Shaw, who wasn't interested. ThoughAmazon.com originally started out selling books, it has since morphed into a one-stop-shop for everything under the sun, and is arguably the world's largest retailer. 5 At any rate, it is hard to dispute its self-description as the "earth's most customer-centric company." 7 Its pattern of constant diversification is evident in some of its unexpected expans...
