News World Jeff Bezos: The history of Trump’s new Amazon enemy
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Jeff Bezos: The history of Trump’s new Amazon enemy

Trump's Twitter war on Jeff Bezos have caused Amazon’s stock prices to drop by 10 per cent.
Trump's Twitter war on Jeff Bezos have caused Amazon’s stock prices to drop by 10 per cent. Photo: Bloomberg
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Donald Trump has started a war with Amazon founder Jeff Bezos, after tweeting about the company’s alleged impact on the US Postal Service.

Mr Trump states that the US Postal service will lose “$1.50 on average for each package it delivers for Amazon”.

Since the tweets on March 31, Forbes reports that Amazon’s stock prices have dropped by around 10 per cent, causing Mr Bezos to loose an estimation of $16 billion.

Who is Jeff Bezos?

Jeff Bezos is the founder and CEO of Amazon, an online shopping retailer established in 1994.

In 1997, he became a millionaire at the age of 33 and is currently the richest person in the world.

He is the first person in America to top $100 billion as number one on the Forbes list of the World’s Billionaires.

Jeff Bezos first major award was in 1999 when he was named Time magazine's Person of the Year.
Jeff Bezos first major award was in 1999 when he was named Time magazine’s Person of the Year after creating Amazon. Photo: Getty

Early life

Mr Bezos was born on January 12, 1964 in Albuquerque, New Mexico.

His teenage mother Jacklyn Gise Jorgensen and his biological father, Ted Jorgensen were married for less than a year.

When Mr Bezos was four years old, his mother remarried Cuban immigrant Mike Bezos.

As a child, Mr Bezos established an early passion for computers and science. He was always found playing with electrical appliances around the house.

In 1986 he graduated from Princeton University with a Bachelor of Science degree in electrical engineering and computer science.

After graduation, Mr Bezos worked on Wall Street at several firms including Fetel, Bankers Trust and DE Shaw & Co.

Amazon

In 1994, Mr Bezos decided to quit his job and establish Amazon, which was originally an online bookstore. The name was inspired by the South American River.

The company started within his garage with a few employees who began developing software. The success of Amazon grew and in two months, sales reached $US20,000 week.

Two years Mr Bezos wanted Amazon to grow further, selling CDs and videos, clothes, electronics and toys. Amazon’s sales jumped from $US510,000 in 1995 to over $US17 billion in 2011.

In October 2013, Amazon was named the largest online shopping retailer in the world.

The Washington Post

In August 2013, Mr Bezos purchased The Washington Post for $US250 million.

In a statement to The Washington Post employees on August 5, Bezos wrote that “The values of The Washington Post do not need changing”.

“There will, of course, be change at The Washington Post over the coming years. That’s essential and would have happened with or without new ownership.”

In 2016, Mr Bezos wanted to reinvent the paper as a media and technology company.

This was the first year, since Mr Bezos purchase, that the paper became profitable due to a surge in online-only readerships.

Personal life

In 1992, Mr Bezos met MacKenzie Tuttle at DE Shaw. A year later they married and moved to Seattle, Washington.

They are the parents of four children, one of whom they adopted from China.

Throughout the early 2000s, Mr Bezos was often perceived to be nerdy by the public. This was due to his ill-fitting clothing and awkward persona.

However in the later years, Mr Bezos transformed his reputation and had a cameo appearance as an alien in Star Trek Beyond. 

He began weight training and wore tailored clothing.

In 2017, Mr Bezos became an Internet meme after attending the Allen & Company Sun Valley Conference.

He was compared to multiple action movie stars including Dwayne Johnson and Vin Diesel.

The Jeff Bezos meme was inducted into Know Your Meme as 'swole Jeff Bezos'.
The Jeff Bezos meme was inducted into Know Your Meme as ‘swole Jeff Bezos’. Photo: Know Your Meme