14 February 2021

The Stunning "Coincidence" That May Explain How Jeff Bezos Became the World's Wealthiest Man

You probably know that Jeff Bezos is the richest man in the world (worth $190 billion today). 

Here are a couple of things you may not know.

He spent summers at his grandpa's place. His grandpa was part of the founding team of ARPA (Advanced Research Projects Agency). ARPA was the agency that helped to advance and invent so many technologies, including the internet. In fact, back when only hundreds of people were on the internet it was called ARPANET. His grandpa ran the entire Western region for the U.S. Atomic Energy Commission, a network that included thousands of scientists at Los Alamos, Sandia, and Livermore Labs. Perhaps the only man on the planet to both manage a technical team of this scope and help to invent the internet was grandfather and mentor to the man who went on to become the world's wealthiest man by managing a huge technical team working on the internet. (That may not be a coincidence. Choose your grandparents wisely.)

As he debated leaving a lucrative Wall Street job to start Amazon, he created a "regret minimization framework" in which he simply asked himself whether he would regret having tried this when he reached 80. The answer was a clear "No."

It took him 60 meetings to raise his first $1 million from 22 investors. Amazon's market cap is currently $1.65 trillion. (Trillion. With a "t.")

Gleaned from Margaret O'Mara's The Code.

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