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Jeff Bezos’s parents bet $245,573 on Amazon; their early stake worth billions today

World 1 source 1 country 🔦 Under-reported 10m ago

Mike and Jackie Bezos, the parents of Amazon founder Jeff Bezos, invested $245,573 in the company during its early stages in 1995. This initial capital injection provided critical support during the startup's inception, long before it grew into a global retail and technology conglomerate.

Decades later, the value of that original investment has appreciated significantly, reaching a worth of billions of dollars. The growth of the stake reflects the long-term market performance of Amazon and the substantial returns realized by early stakeholders who maintained their positions throughout the company's expansion.

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Read the full story at the source Times of India · IN ↗
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