Jeff Bezos - Creator of Amazon

Biographical Information

• Born in Albuquerque, New Mexico
• Raised in Houston, Texas
• Graduated from Princeton University in 1986
• Had degrees of computer science and electrical engineering

Biographical Information (cont.)

• Has one sister (Christina) and one brother (Mark)
• His parents were married less than a year, his mother remarried to a man with the last name of Bezos

Professional Information

• He used to be in the banking industry
• He had an interest of how things worked and he wanted to create many things, so he moved back in with his parents, saved his money, and turned their garage into a lab
• Amazon first started as a book store
• His net worth has now come to $110 billion - making him very successful

Professional Information (cont.)

• It's now used to buy and sell any item online that you can think of
• Benefited people all over the world because it saves time so no one has to go out
• Amazon has a strategy of of aggressive marketing to gain popularity over competitors

Professional Information (cont.)

• The product creates a new industry and new process by creating an easier and more accessible way of shopping by making it online

Business Information

• Customers will order an item and it will be shipped to their location of choice within the stated arrival days
• There are specific marketplaces in numerous countries, but the site is available all over the world

Business Information (cont.)

• The business can impact societies economy negative because it can cause inflation and eliminating jobs in communities