Here’s the list of companies owned by the world’s richest man
Amazon CEO Jeff Bezos is the world’s richest man. Bezos is the first person to top $100 billion as number one on the Forbes list of the World’s Billionaires. He owns 16% of e-commerce giant Amazon, which he started in a garage in 1994. However, his empire comprises not just Amazon, but also newspaper, rocket company, coupon website, grocery giant and much more.
Here are 15 companies owned by the world’s No. 1 billionaire Jeff Bezos…
Elemental Tech: Software company
Amazon Web Services acquired Elemental Tech, now called AWS Elemental, in the year 2015. Founded in the year 2006, the software company specialises in providing multiscreen video solutions. It is claimed to have pioneered the “use of software-based video processing to distribute and monetize video over IP networks”. Other than the US, AWS Elemental has offices in the United Kingdom, France, Hong Kong, Singapore, Japan, China, Russia, Brazil and India.
Souq.com: E-commerce marketplace, also called ‘Amazon of the Middle East’
Souq.com is an e-commerce marketplace based out of Dubai. Amazon acquired Souq.com, popularly described as ‘Amazon of the Middle East’ in March 2017. Amazon’s acquisition of Souq can be termed as the company’s first move into the Middle East region.
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Blue Origin: Rocket company
Amazon CEO Jeff Bezos is also the founder of Blue Origin, a rocket company that plans to make space travel possible. Bezos reportedly puts $1 billion a year into the company through the sale of Amazon stock.
The Washington Post: Newspaper
In one of its biggest bet on physical stores, Amazon acquired the grocery chain Whole Foods in June 2016 for $13.7 billion in cash. Whole Foods stores continue to operate under that name as a separate unit of the company. With the deal set to complete almost a year in another few months, there’s a lot more of Amazon in Whole Foods. Changes include price cuts, Prime Exclusive deals, free two-hour delivery on Whole Foods goods in some locations and more.
IMDb: Movie and TV programmes database
One of the world’s most popular source for movie, TV and celebrity content IMDb, also known as Internet Movie Database, is a wholly-owned subsidiary of Amazon Inc. The website offers a searchable database of over 250 million data items including more than 4 million movies, TV and entertainment programmes.
Kiva Systems: Robotics company
Originally Kiva Systems, the robotics company was renamed as Amazon Robotics after Amazon acquired it for $775 million in March 2012. The company uses package-carrying robots at logistic centres and warehouses of Amazon.
Alexa: Web rankings and ratings website
The web information company Alexa too is owned by Amazon. Alexa offers website information and analytics. Founded in 1996, the company was acquired by Amazon in 1999.
DPReview: Digital photography website
DPReview (Digital Photography Review) is claimed to be among the world’s popular digital photography websites. Amazon acquired the website in the year 2017. The website provides users content around and reviews of digital photography gear in the world. It also has a comprehensive global database of consumer digital cameras. There’s also an open, active forum for the photography community.
Fabric.com: Online fabric store
Fabric.com too is an Amazon Inc subsidiary. Founded in the year 1993 as the Phoenix Textiles Group Inc as a wholesale distributor of apparel fabrics, it launched its first website in 1999. Amazon bought the online fabric store in June 2008.
Woot.com: Daily deals website.
Woot is a daily deals website. Founded in the year 2004, it was acquired by Amazon in 2010. Originally, Woot offered just one product per day, today Woot offers special daily deals and other limited-time offers across seven categories, including computers, electronics, home and sporting goods.
Goodreads: Website for readers and book recommendations
Goodreads is one of the world’s largest website for readers and book recommendations. Launched in January 2007, Goodreads was acquired by Amazon in March 2013. The website claims to have 65 million members.
Twitch: Live-streaming website
Live-streaming website Twitch too is owned by Amazon. The ecommerce giant bought the popular game-streaming service Twitch for $970 million in August 2014.
Audible: Audio books company
Audio-book and entertainment service Audible too is owned by Amazon. Amazon acquired Audible in the year 2008 for $300 million. Audible sells digital audio-books, radio and TV programmes as well as audio versions of magazines and newspapers including The New York Times.
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