Today, about half of all online purchases come through Amazon. ► What about your friends?: Is your friend an extremist? Facebook is asking some users about exposure to content.Īnd Amazon hasn't stopped making money. ► May the Funk be with you: Jeff Bezos' Blue Origin space flight adds Mercury 13's famous Wally Funk to July 20 mission But it did not post a profit until the last quarter of 2002. The company, which went public in 1997, and survived the dot-com bubble burst in the late 90s, reportedly raked in $3 billion by 2001. In that first year, Bezos reportedly said Amazon would earn more than $70 million by 2000. Little did we know there was more to come. states and in 45 countries around the world. By mid-1995, Amazon was selling books in all 50 U.S. Success came soon after "Fluid Concepts and Creative Analogies" by Douglas Hofstadter became the first book sold online by . It was Bezos' fascination with the internet that eventually led him to create, then an online bookstore with almost a dozen employees, including his wife and a couple of programmers. It all started in a Seattle garageīefore Amazon transformed into an e-commerce juggernaut that changed the way we read, eat and shop, the company had humble beginnings inside Bezos' garage in Seattle in 1994 after he quit his job as the youngest senior vice president at D.E. His company is worth nearly $1.8 trillion. That said, as Andy Jassy takes over at Amazon, here are some of Bezos' bigger moments on his way to building a dynasty named after the largest river on the planet.
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