As of Jan. 9, Jeff Bezos' net worth was $27.8 billion according to Forbes. His company Amazon.com (Nasdaq: AMZN) - the largest Internet retailer in the U.S. - had a market capitalization of $137.98 billion.
The man Wall Street has come to know is a visionary who doesn't conform to typical big business management.
That's evidenced every quarter for the past three years. Amazon continues to post impressive sales numbers, coupled with earnings per share (EPS) losses. The company hasn't turned a profit since 2012.
Despite pressure to improve Amazon's bottom line, Bezos steadfastly reinvests the company's massive sales. He hasn't faltered from his strategy of diversification and growth.
Investors are left wondering where the company is headed next and, more importantly, when it will turn a profit. The media's guesses are all over the boards - just look at a few December-January headlines: "Amazon's Profitability Can Further Decline in the Future" by Forbes; "Amazon.com: An Undervalued Stock??" by Pulse; "Don't Buy Any Optimism About Amazon" by Investorplace; "Amazon to Recover in 2015 in Response to Positive Indicators" by Bidness Etc.
That's why we put together a list of five facts you didn't know about Jeff Bezos. Perhaps the best way to determine where Amazon is headed is a greater of understanding of the man behind its wheel.
The billionaire - who just celebrated his 51st birthday Jan. 12 - is a true original...
In 2013, Bezos grabbed headlines when he acquired The Washington Post.
Bezos also founded Bezos Expeditions, through which he invests in various businesses, including Blue Origin. Here's a list of selected investments:
And third, along what dimensions might this person be a superstar? Bezos strives for an interesting work environment. Special skills or fun hobbies need apply.
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