Jeff Bezos didn't just build a company—he fundamentally changed how business operates in the modern world. Amazon's relentless focus on customer service, its bold willingness to invest in long-term infrastructure, and its constant innovation set a new standard for industries far beyond retail.
Jeff Bezos' childhood dream was to explore space. He was inspired by the Apollo 11 moon landing and developed a fascination with the cosmos. This childhood dream eventually led to the creation of Blue Origin, his private aerospace company, to make space travel more accessible.
To the Amazon founder, customer satisfaction is the single most important feature of his business. It's the very foundation of his business model: “The most important single thing is to focus obsessively on the customer. Our goal is to be earth's most customer-centric company.”
Blue Origin founder Jeff Bezos explained this week that his vision is to move all polluting industries into space to preserve Earth. His rival Elon Musk envisions inhabiting space as a way for humanity to live on beyond Earth, if a cataclysm strikes our planet.
Jeff Bezos dreams of a trillion people living throughout the solar system on gigantic space stations. This is how humanity can thrive without robbing planet Earth of precious resources, in the process, according to Bezos. Business Insider asked experts about how realistic Bezos' plan is.
Amazon's mission statement is “to be Earth's most customer-centric company.” The company's vision statement is “to be earth's most customer-centric company; to build a place where people can come to find and discover anything they might want to buy online.”
One of the central tenets of Jeff Bezos' strategy is customer-centricity. He believes that the key to business success is to focus on the customer and to constantly innovate to meet their needs. He is famous for his customer obsession and his willingness to go the extra mile to make customers happy.
Bezos was a member of the Quadrangle Club, one of Princeton's 11 eating clubs. Additionally, he was the president of the Princeton chapter of the Students for the Exploration and Development of Space (SEDS). He had a 4.2 GPA and was elected to Phi Beta Kappa and Tau Beta Pi.
His collection includes several high-end vehicles such as a Cadillac Escalade, Land Rover Range Rover, Mercedes-Benz S450, Ferrari Pininfarina Sergio, W Motors' Lykan HyperSport, Bugatti Veyron Mansory and Koenigsegg CCXR Trevita.
Fail again, fail better. Ventures that don't deliver not only reveal Bezos' bullish attitude to risk but also to failure. “We have failed so many times,” Bezos has said, “I always think of us as a good place to fail because we are so good at it, we have so much practice.”
The Amazon Dream is the sole riverboat departing from Santarem, making this a rare and unique experience.
Bezos makes sure to get enough rest — he sleeps for eight hours every night. The former CEO told CNBC in 2021 that while he could sleep less and be more productive, the quality of his decisions would be lower, which isn't worth it to him.
“In the end, we are our choices. Build yourself a great story.” Your decisions shape your life; make choices you'll be proud of.
Jeff Bezos was inspired to start Amazon after realizing the fast growth of internet use in the mid-1990s. He saw an opportunity to create an online bookstore that could offer a wider selection of books than a typical brick-and-mortar store.
Bezos is also the founder of aerospace company Blue Origin, which is working on the long-term goal of moving all polluting and heavy industry off Earth to preserve the planet. He is the owner of the Washington Post.
Based on admission requirements at the University of Pennsylvania, where Musk earned his degrees, his GPA was likely 3.9 or higher. Musk's educational path laid the foundation for his future success.
At the start of 2024, Jeff Bezos owned 988,251,817 shares of Amazon stock, according to the SEC. In November of the same year, he owned 909,709,895 shares.
Average GPA: 3.67
This makes Drake University Strongly Competitive for GPAs. (Most schools use a weighted GPA out of 4.0, though some report an unweighted GPA. With a GPA of 3.67, Drake University requires you to be above average in your high school class.
Bezos' plan is to expand human presence and heavy industry into space by building infrastructure, starting with Blue Origin's reusable rockets (New Shepard and New Glenn), to dramatically lower launch costs and facilitate access to limitless space resources, such as water, minerals and 24/7 solar energy.
Bezos took a lot of risks to start Amazon and to get it to where it is today. From risking his parents' savings to start Amazon to betting on the internet before many people even understood what it was.
For nearly three decades, Amazon founder Jeff Bezos worked as the retail giant's all-powerful chief executive. In his new phase of life, Bezos oversees the squad of CEOs who operate his various companies, including Amazon, the Blue Origin rocket company, the Washington Post, and the Bezos Earth Fund.
Elevating delivery expectations
Delivery speed for Prime users is likely to accelerate even further in 2025, as Amazon rolls out its Same-Day Delivery capacity. Despite offering Same-Day Delivery in 17 countries across the globe, its availability is more widespread in the United States.
About Amazon. Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. We strive to be Earth's most customer-centric company, Earth's best employer, and Earth's safest place to work.
Based on analyst ratings, Amazon's 12-month average price target is $249.16. Amazon has 13.80% upside potential, based on the analysts' average price target. Amazon has a consensus rating of Strong Buy which is based on 47 buy ratings, 1 hold ratings and 0 sell ratings.