Jeff Bezos known fully as Jeffrey Preston Bezos is the world’s richest man who keeps on making wealth day in and out.
Do you even know that Jeff Bezos is the world’s richest man? Well, struggle no more as we have brought to you the full details and everything you need to know about the billionaire’s income.
Jeff Bezos is who is the founder of both Amazon the world’s largest retailer and Blue Origin is the richest person in the world. Let’s look at some of the companies owned by the Baron.
1. Zappos: Apparel and Footwear Website:
This is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States. Though was founded by Nick Swinmurn in 1999 but was acquired by Amazon in July 2009.
The popular Zappos is a subsidiary of Amazon and it is very popular apparel and footwear e-tailer based in the US. They sell a variety of shoes, clothing, and accessories and carry brands that range from Adidas to Nike.
It was actually acquired by Amazon in July 2009 although the website suffered a major data breached whereby hackers stole almost 25 million customers’ personal information.
However, Amazon actually let Zappos do its own thing which means they still have its own staff and culture instead of being absorbed into Amazon.
2. Elemental Tech: Software Company:
Amazon as known is not just a retail company as it is well known by everyone. Since the year 2015, Amazon acquired an Elemental Tech which they re-branded as AWS Amazon Web Service.
Since the launch of Amazon Web Services- AWS IN 2004 amazon is now engaged in the broader technology sector and has now grown into the world’s leading on-demand cloud computing and contributes hugely to companies’ revenues and profits.
They actually specialize in providing multiscreen video solutions and they pioneered the use of software-based video processing to distribute and monetize video over IP networks.
AWS also has offices in the United Kingdom, France, Hong Kong, Singapore, China, Russia, India, Brazil, and Japan other than the US.
3. Souq.com: E-Commerce Marketplace:
This is also called ‘Amazon of the Middle East’ and was acquired in 2017, it’s a marketplace based in Dubai.
Acquisitions of Amazon include Souq Group which is also an e-commerce company and re-branded it as amazon.ae which takes a foothold in the United Arab Emirates but in Saudi Arabia and Egypt, it still remains Souq.com. the acquisition of Souq can actually be termed as the company’s first move into the Middle East region.
4. The Washington Post: Newspaper:
Wow. The 143 years old Newspaper; ‘The Washington Post’ by the Graham Family and has won 69 Pulitzer Prizes and the second most Publication after the New York Times was acquired by Nash Holding in October 2013 a holding company established by Jeff Bezos.
5. Whole Foods: Grocery Company
Amazon also expanded its purchase to Whole Foods Market in June 2016.
Whole Food is a physical store that deals in multinational chains and this was actually their largest acquisition so far. It includes over 500 supermarkets in the United State, 7 in the United Kingdom.
They are actually kept as a separate brand and only deal with organic food products without hydrogenated fats and artificial colors flavors and preservative distributing. This actually gave Amazon a strong foothold in traditional and physical retail.
This is an Online fabric store owned by Amazon. It was founded in the year 1993 by the Phoenix Textile Group, Inc. as a wholesale distributor of apparel fabrics who launched its first website in 1999.
The online store is now acquired by Amazon in June 2008 making it part of their acquisitions.
7. DPReview: Digital Photography Review:
It’s a Digital Photography website about digital cameras and digital photography. It is established in November 1998 and is claimed to be among the world’s popular digital photography websites.
In 2017, Amazon acquired this website and the website provides users content around reviews of digital photography gear in the world.
The website provides comprehensive reviews of digital cameras, lenses accessories, buying guides, user reviews. Information about individual cameras, lenses, printers, and anything relating to photography can be found on the website.
Though they were originally based in London but now relocated with most of their team to Washington in 2010.
8. Robotics Company; Kiva System:
This is a robotic company formerly known as Kiva System based in Massachusetts and manufactures mobile robotic fulfillment systems.
The company after its acquisition in March 2012 by Amazon, is rebranded as Amazon Robotics and uses package-carrying robots at logistic centers and warehouses of Amazon after it was being used by companies like The Gap, Office Depot, Gilt Groupe, and many others.
9. Alexa: A Web Ranking and Rating Website:
This is a virtual assistant technology developed by Amazon on November 6, 2017, and first used in the Amazon Echo smart speaker.
This technology is developed by Amazon and is capable of voice interaction, music playback, setting alarms,s, and other features.
It can also control itself as a home automation system and its users are able to extend its capabilities by installing additional functionality developed by others.
10. IMDb; A Movie and TV Program Database:
This is known as Internet Movie Database the world’s most popular source for movie, TV, and celebrity content is a wholly-owned subsidiary of Amazon Inc.
The website becomes most popular because it offers a searchable database of more than 250 million data items not excluding more than 4 million movies. It also has more exciting TV and entertainment programs for its viewers or lovers.
11. Woot.com: Daily deals Website:
It is originally an American internet retailer based in Dallas and founded by an electronic wholesaler, Matt Rutledge, and debuted on the 12 of July 2004.
It was mainly a website that offers only one discounted product each day and it’s often a piece of computer hardware or an electronic gadget.
However, woot.com becomes Amazon’s part of an acquisition in 2010 and now, it offers special daily deals and other limited-time offers across seven categories not excluding computers, home, and sporting goods.
It’s a combination of both audiobook and entertainment services. It was acquired by Amazon in the year 2008 and it sells digital audiobooks, radio, and Television programs not excluding audio versions of magazines and newspapers even the New York Times.
This is actually for reading lovers. This is a website for readers and recommendation books. Goodreads is actually one of the world’s largest websites where readers can find their favorite books both educational and entertainment, quotes, and reviews.
It was originally launched in January 2007 but Amazon becomes its owner in March 2013 and as at now, the website has 65 million members as subscribers.
It was a popular American Video live game- streaming service including broadcasts of esports competitions. It was actually launched on June 6, 2011, and was acquired by the great e-commerce giant in August 2014 and this is making them the owner of the company.
Amazon is an American multinational technology company that focuses on e-commerce. it was founded by Jeff Bezos in Bellevue Washington, in the United States in 1994. The key to its success has really been its persistent struggle to become the ‘Earth’s most customer-centric company
Amazon has become the unchallenged global leader of e-commerce in the world and Earth’s most customer-centric company and all thanks to its dedication to customers’ large choice of products and services, without excluding global presence in their activities, Amazon earns billions of dollars and it intends to keep on expanding its domination on online shopping and beyond.
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