Bezos, who has owned his 1996 Honda Accord for more than 20 years, has been seen driving it. Although the car is not exceptionally luxury or remarkable, it is dependable and useful. Bezos has stated in interviews that he would rather spend his money on causes and endeavors that are important to him than on pricey automobiles or other tangible items.
Bezos makes a lot of money, even though he might not buy fancy cars. He currently earns more than most individuals do in a lifetime, according to estimates of $321 million each day. Bezos launched Amazon in 1994, and today he owns a majority of the company.
But why did Bezos decide to locate Amazon’s headquarters in Seattle? There are several of them. First, Seattle’s talented pool of IT professionals—many of whom were then working for Microsoft—attracted Bezos. Seattle was also an easy place to transport and receive commodities because of its proximity to Asia. The cheaper cost of living in Seattle compared to other tech centres like San Francisco and New York has makes it a desirable location for business startups.
It is true that Amazon was founded in a garage, which speaks to the company’s humble roots. However, Bezos did not own the garage in question. Instead, it was the garage of his leased house in Bellevue, Washington, where he and a small group of workers initially worked on establishing the business.
In conclusion, even though Jeff Bezos is the world’s richest person, he doesn’t own a nice vehicle. Instead, he drives a 1996 Honda Accord since it is dependable and practical. Amazon’s success allowed Bezos to become wealthy. He chose Seattle as the site of the company’s founding because of its skilled workforce and convenient location. Amazon may have begun in a garage, but it has now expanded to become one of the biggest and most prosperous businesses in the world.
Indeed, Amazon was founded in a garage. In 1994, Jeff Bezos started Amazon in his Bellevue, Washington, garage. The business swiftly became into the global e-commerce behemoth that it is today, even though he initially had only a few workers and a little budget.