Jeff Bezos took a great risk at the age of 30 – and became a billionaire four years later

Today Jeff Bezos is known worldwide as the founder of Amazon and one of the richest people who have ever live.

With an estimated net asset of around $ 209 billion, Bezos is currently taking the second-rich person on the planet, just behind Elon Musk, according to Bloomberg Millionaires Index. Bezos held first place from 2017 to 2021.

https://www.youtube.com/watch?v=YDXJKV27ZXW

But long before Bezos became a global business icon, the way to his assets began with a single decision. This step seemed to be risky at the time, but turned out to be more life -changing. He quit his job.

It all started after Bezos in 1986 had completed Princeton University with a degree in computer science and electrical engineering. With a sharp mind and elite training, he armed in the world of Wall Street, where he quickly made a name for himself.

He joined the hedge funds de Shaw & Co. and climbed through the ranks within just four years to become the youngest vice president of the company.

Bezos was in the data -controlled, analytical environment of de Shaw. Here he noticed something that most of the others had not yet understood the explosive growth of internet use. When he studied the numbers, Bezos was convinced that the Internet was not just a temporary trend. It was the future. And what is more important, it was a future with a massive financial potential.

This insight triggered a radical choice. In 1994, at the age of 30, Bezos decided to move away from his secure, highly paid job and to pursue an idea that most of them would have considered too risky.

He packed up and moved from New York to Seattle. Bezos Amazon.com started with $ 10,000 of its savings and additional interest-free loans of $ 84,000 from family and friends, which were initially designed as an online bookstore.

Amazon went live on July 16, 1995. In just two months it was already 20,000 US dollars in weekly sales, so biography . What started as a modest website was fast enough to gain dynamics, driven by the early Internet boom and Bezos' relentless ride.

The actual turning point came in May 1997 when Amazon went to the stock exchange with 18 US dollars per share, as reported by Bloomberg . From there, the company exploded into an e-commerce giant and not only changed as people shop, but also how shops are completed as a whole.

https://www.youtube.com/watch?v=JLDXBJ_QXJ8

Until 1998, just three years after the start of Amazon, Bezos first appeared on the Forbes List with a net value of 1.6 billion US dollars. He was only 34 years old. From that moment on, his assets rose to and after the path from Amazon to global dominance.

It is about a brave train where he left a prestigious career behind to bet on a vision. And so Jeff Bezos became a billionaire before reaching 40.