The Bezos Factorīezos will soon be stepping down as chief executive of Amazon and transition into the role of executive chairman. Other notable Amazon acquisitions include smart doorbell and security camera manufacturer Ring for about $1 billion in 2018, e-sports streaming site Twitch for $970 million in 2014, and warehouse robotics maker Kiva Systems for $775 million in 2012. When small doesn’t work, Bezos and his team at Amazon often tend to go really big as their $13.7 billion acquisition of Whole Foods in 2017 seems to suggest. The cloud computing and e-commerce behemoth has acquired over 60 companies since acquiring Zappos for $1.2 billion in 2009.Īmazon has indeed proven that it can move in virtually any direction it wishes, thanks to its aggressive expansion across a wide array of areas of sectors. A key part of Amazon’s strategy beginning in 2009 have been acquisitions.

While Bezos founded Amazon in 1995, much of its insane growth did not start until the 2000s. “I appreciate it very much.” Amazon Acquisitions “Every time you buy shoes, you’re helping fund Blue Origin, so thank you,” he told Amazon customers at an event in February 2019. That money has been coming from his Amazon holdings because the vast majority of his fortune is tied to Amazon.īezos sold nearly $2 billion worth of Amazon shares in three transactions between 20 to fund Blue Origin. Virgin Galactic listed its shares on the New York Stock Exchange in October 2019.īezos has previously stated that he plans to invest at least $1 billion in the spaceflight company every year. The company is racing against rivals including SpaceX, the private space company founded by Tesla Inc (NASDAQ: TSLA) and Virgin Galactic (NYSE: SPCE), created by billionaire Richard Branson, to launch tourists into space. The tech billionaire founded the company in 2000 with the goal of bringing down the cost of space travel to aid the progress of exploring our solar system.īlue Origin is led by CEO Bob Smith. (NASDAQ: AMZN) founder and CEO Jeff Bezos. The only problem is they are not a public company, but there may be a way around that! Who is Blue Origin?īlue Origin is a private spaceflight company owned by Inc. Ever wonder how to buy Blue Origin stock? You’re not alone.

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