Inspirational Success Story of Jeff Bezos

If the intentions are noble and the spirits are high, then success definitely kisses the steps. The biggest example of this is Jeff Bezos, the world's richest man and owner of Amazon. After working in several companies, Bezos opened an online book store, which changed his fortunes.

Amazon started in 1994 In the 

year 1994, Bezos started Amazon from a garage. Then he used to sell only old books. After this its website also came in July 1995. According to Amazon's report, nearly two years after this, by the end of 1997, the company had more than 1.5 million customers in more than 150 countries. 

The company was making losses in the initial years, it

should be known that the company had made losses in the initial few years. The company had incurred a loss of more than Rs 16 lakh in the very first year itself. But later every year only profit was made. According to the annual reports of Amazon, in the year 2019 itself, the company got revenue of Rs 19.63 lakh crore and profit of more than Rs 81 thousand crore was made.

Profit from the year 2005, in

1995 the company had got a revenue of Rs 1.64 crore and had a loss of Rs 0.96 crore. In 2000, the company had a revenue of Rs 11,868 crore and a loss of Rs 0.96 crore. But in the year 2005, the company made profit, which kept increasing day by day.   

Talking about the market capitalization of Amazon, the world's second largest company in terms of

market capitalization, it has reached 10 trillion dollars in less than 25 years. In this case, Amazon is the second largest company in the world after Apple. The company's market capitalization in September 1997 was Rs 3,600 crore, which reached a level of Rs 2.40 lakh crore in October 2009. It was Rs 4.70 lakh crore in July 2011, Rs 32.50 lakh crore in July 2017. After this, by September 2018, it almost doubled to the level of Rs 68 lakh crore. At the same time, in August 2020, it crossed the Rs 125.80 lakh crore mark.

Amazon was not the first name

Jeff did not first think of the name of the company as Amazon. He was so attracted by the name 'Abra Ka Dabra', that he wanted to name the company 'Kadabra'. However, his lawyer refused to do so. After this he liked the name RELENTLESS, but it did not work. Then he named it Amazon. 

The company works on the basic mantra of customer satisfaction. 

In the year 2005, the company started Amazon Prime membership, which gave the company new heights. Bezos has always worked on the basic mantra of customer satisfaction, for which the company has also done many experiments. 

If we talk about the wealth of Jeff Bezos, then since 2018 he is the richest

person in the world till now. However, Microsoft co-founder Bill Gates has been the world's richest person for the longest time. From 1999 to 2007, that is, for eight years, Bill Gates has been at the top of the list of Forbes. Whereas in 2008, Warren Buffet was at the first place in this list. But only a year later, Gates achieved this position again. Carlos Slim was at the top for four consecutive years from 2010 to 2013. At the same time, in 2014, Gates again came on top. 

Bill Gates and Jeff Bezos net worth 

According to Forbes, where Bill Gates's net worth was Rs 3.65 lakh crore in 1999, Bezos was the owner of Rs 43,000 crore at that time. There has been a lot of ups and downs in his wealth. By the year 2015, Bill Gates's net worth was more than Bezos. In 2015, Gates's net worth was Rs 5.05 lakh crore, while Bezos's net worth was almost half of that i.e. Rs 2.24 lakh crore. But Bezos's wealth has been more since 2018. Bill Gates' net worth in 2018, 2019 and 2020 was Rs 6.12 lakh crore, Rs 6.79 lakh crore and Rs 8.58 lakh crore respectively. At the same time, Bezos's net worth was Rs 7.61 lakh crore, Rs 9.17 lakh crore and Rs 15.17 lakh crore respectively during this period.

Salary was around Rs 60 lakh in 2019

Bezos has more than 7.50 crore shares in Amazon. That is, they have 15.1 percent shares in Amazon. In 2019, he received $ 81,840 (about Rs 60 lakh) as salary. Apart from this, he also got compensation of $ 1.6 million i.e. about Rs 11.50 crore.  According to the report of the advisory firm Comparisun, where most of the rich have suffered due to the lockdown in the Corona crisis, Amazon's business has increased rapidly

.

Because of this, Bezos's wealth has also skyrocketed. 

Jeff Bezos can become the world's first trillionaire by

2026, after six years, that is, by the year 2026, Bezos's wealth will increase to one trillion dollars i.e. 1000 billion dollars. This Comparison report has been prepared on the basis of Forbes Top-25 and Most Valued Companies listed on the New York Stock Exchange. The advisory firm has prepared this report keeping in mind the average growth of these companies and individuals in the stock market for the last five years. 

The world will get the second trillionaire in 2027

According to the report, the world will get the second trillionaire in the year 2027 in the form of Shu Jiayin. China's veteran industrialist and Alibaba founder Jack Ma could become a trillionaire in 2030 at the age of 65. 

Mukesh Ambani will achieve trillionaire status in 2033

Talking about Mukesh Ambani, the richest person in Asia and the founder of Reliance Industries Limited, he will achieve the status of a trillionaire in the year 2033. At that time his age would be 75 years. Along with them, Ma Huateng, co-founder of investment and Internet services company Tencent, will also achieve this position in the year 2033 itself.

Bezos received this honor

in the year 1999, Jeff Bezos was given the title of 'Person of the Year' and 'The King of Cyber ​​Commerce' by Time Magazine. The special thing is that Bezos was the fourth youth to receive this award at the age of 35.