World Richest Man 2020 Jeff Bezos

Many have admired the success stories of self-made billionaires like Bill Gates and Mark Zuckerberg. Now there’s Jeff Bezos, iconic founder and CEO of Amazon who has topped the list of world billionaires on Earth, leaving behind Bill Gates and Bernard Arnault on the 2nd and 3rd place respectively. He is the richest of them all in 2020, breaking records as the first person to reach a net worth of $171.6 billion. He founded Amazon in 1995, and grown the company to a peak level, making it one of the most powerful companies on the planet. He is the founder and CEO of Amazon.com, the biggest E-Commerce marketplace in the world. But this success hasn’t just come overnight. Here is the short story of world richest man 2020 Jeff Bezos.

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Life Background

Jeff Bezos, born on January 12, 1964, in Albuquerque, New Mexico, U.S,  began his career in the hedge fund world in the ’90s, then left a cushy job to launch his own startup. He initiated his journey from a small garage and through constant hard work and struggle, he has now turned it to a billion-dollar e-commerce portal. His life story is full of many ups and downs, twists, and turns which led to his futuristic approach to business. His childhood has been a tough one as his own biological father had estranged him when he was just 17 months years old. During his high school life, he was a space nerd and wanted to save humanity by developing permanent settlements in revolving space stations, preserving and saving nature on the planet Earth for which he launched his space flight services company “Blue Origin” in 2000. He never gave up and always strived to reach the top.

Business Lessons to learn from Jeff Bezos

Jeff Bezos is not only the richest man on Earth but one of the most successful businessmen and influential leaders for most of us. He has been creative as he always thought out of the box and used some statistics about the internet usage rate to take his company to a sky-high level. Jeff Bezos is a bold and ruthless boss, who is never afraid to take risks. A portion of Jeff Bezos’ achievements can be credited to the fact that he believes in the future and had big dreams since his childhood. Here are the beliefs of Jeff Bezos which could help businesses to become successful:

According to Jeff Bezos, flexibility and stubbornness go hands in hands to become a good entrepreneur. He said,

“If you’re not stubborn, you’ll give up on experiments too soon. And if you’re not flexible, you’ll pound your head against the wall and you won’t see a different solution to a problem you’re trying to solve”.

He always emphasized on experimenting to learn more.

“If you double the number of experiments you do per year you’re going to double your inventiveness.”

According to Bezos, long-term thinking and setting goals are one of the fundamental elements of any company’s success.

“If we think long term, we can accomplish things that we couldn’t otherwise accomplish.”

Leadership Qualities

Jeff Bezos had a large set of values that he followed in all the different decisions he took. He is innovative, ambitious, adventurous, courageous, intellectual, helpful, and an avid risk-taker. His visionary leadership style consists of five main qualities.

  1. His focus on long-term goal setting and focusing on the horizon, not what is at hands reach.
  2. His intense pursuit of innovation.
  3. The trait of him being the motivator of a team.
  4. Him being strategically patient, tactically impatient.
  5. Him being an unbelievably big and creative thinker and always thought out of the box.

That’s all about the world richest man 2020 Jeff Bezos. If you want to read more motivational articles like this please click on this link.

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Samreen Khan

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