Jeff Bezos was born in 1964 in Albuquerque, New Mexico 🌵
He was always interested in science and technology 🔬
In his high school science fair, he built a clock that could run for 10,000 years 🕰️
Even though invention was a passion and talent, he started a traditional job and became a successful investor on Wall Street 🤑
But, In 1994, Jeff Bezos quit his job as a vice president at a Wall Street firm since he noticed there was an issue with libraries and bookstores 🤔
Storing, shipping and selling books was a constant hassle 😴
So, he started an online bookseller called Amazon 📚
Bezos chose the name Amazon because it was the largest river in the world and he wanted his company to be just as big 🌎
For the first year, Amazon only sold books, but it quickly expanded to other products like electronics and clothing in 1995 🛍️
In 2002, Bezos realized shipping was a big issue 📦
So, Amazon introduced its Amazon Prime service, which offered free two-day shipping for a yearly fee 🤑
Now that Amazon had a subscription service to rely on, they continued to grow 🥳
Next, we’ll learn more about how Amazon grew rapidly to become the trillion dollar juggernaut it is today!