"X" born January 12, 1964 is an American Internet entrepreneur and investor. He is a technology entrepreneur who has played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide Web and a top model for Internet sales."X" founded Amazon.com in 1994 after making a cross-country drive from New York to Seattle, writing up the Amazon business plan on the way. He initially set up the company in his garage.He had left his "well-paying job" at a New York City hedge fund when he "learned about the rapid growth in Internet use", which coincided with a "then-new U.S. Supreme Court ruling that online retailers would not have to collect sales taxes in states where they lack a physical presence"; he had headed to Washington because its relatively small population meant fewer of his future customers would have to pay sales tax.
According to Forbes, Amazon's shares "defied gravity" in 2011, jumping 55% and adding $6.5 billion to "X"'s net worth.
"X" is known for his attention to business details. As described by Portfolio.com, he "is at once a happy-go-lucky mogul and a notorious micromanager: "an executive who wants to know about everything from contract minutiae to how he is quoted in all Amazon press releases.
Ans:Jeff Bezos
No comments:
Post a Comment