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A hidden Amazon fortune: Jeff Bezos' parents may be worth billions

In 1995, Jeff Bezos' parents Jackie and Mike Bezos had plowed $245,573 into their son's fledgeling e-commerce website

Amazon CEO Jeff Bezos
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Amazon CEO Jeff Bezos at a conference. Audible would be Amazon's next big gambit in India after Prime Video. Photo: Reuters

Bloomberg New York
It may be the most successful venture investment of all time. In 1995, Jackie and Mike Bezos plowed $245,573 into their son’s fledgeling e-commerce website, according to a prospectus two years later. It was a big gamble, Mike Bezos, the stepfather of Amazon.com Inc. founder Jeff Bezos, recalled onstage during a 2015 event at the National Constitution Center in Philadelphia.

“I want you to know how risky this is,” the son told his parents, “because I want to come home at dinner for Thanksgiving and I don’t want you to be mad at me.”

He’s probably welcome to extra helpings
Topics : Amazon