Jeff Bezos’s siblings’ stakes in Amazon were valued at $640 million each in 2018, but with the stock’s rise, they are now worth $1.044 billion each.
Bezos convinced family members to invest in Amazon despite high risks, holding 60 meetings and facing 38 rejections.
Amazon’s success under Bezos’s leadership highlights the power of visionary entrepreneurship and strategic risk-taking in technology and commerce.
“I want you to know what the risks are because I still want to come home for Thanksgiving if this doesn’t work,” said Bezos, according to the book, “The Everything Store: Jeff Bezos and the Age of Amazon.”
The Bezos siblings’ journey from a high-risk investment to a billion-dollar return exemplifies the potential of startups and the impact of backing visionary ideas in uncertain times.
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