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| 3 minutes read

3 minutes read

10 Popular Companies Owned By Amazon’s Founder – Jeff Bezos

| Published on April 13, 2018

Founder and CEO of Amazon- Jeff Bezos is the richest person on earth today. Started from the idea of an online bookstore, the growth of Amazon is really inspirational. After earning money from one business, successful entrepreneurs have the tendency of investing their money into multiple ideas. His empire includes a newspaper company, coupon website, rocket company, grocery giant and many more. We have collected the 10 famous brands that are owned by Jeff.

1. The Washington Post

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Jeff bought the 140-year-old newspaper company The Washington Post for $250 million in 2013. The Washington Post is one of the most popular daily American newspapers along with The New York Times, the Los Angeles Times, and The Wall Street Journal.

2. IMDb

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IMDb is the most trusted online platform for knowing the reviews of movies and TV shows. IMDB has a database of 250 million items including profiles of celebrities and lists made by users according to the specific genre of movies.

3. Alexa

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Alexa is a ranking and rating platform for websites across the world. It uses 3 months data to compare websites based on different parameters such as speed, backlinks, bounce rate and many others.

Also Read: 10 Popular Indian Startups That Have Been Funded By Ratan Tata

4. Fabric.com

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It is an online fabric store and was founded in the year 1993 as the Phoenix Textiles Group Inc as a wholesale distributor of apparel fabrics. Its first online presence was seen in 1999 and Jeff decided to buy Fabric.com in June 2008.

5. Woot.com

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Woot is an online deals website which shows the best deals present on different platforms on e-commerce websites such as Amazon. It was launched in the year 2004 and was bought by Amazon in 2010. Woot offers special daily deals across seven categories including electronics, computers, sporting goods.

6. Goodreads

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Goodreads is the most used website for readers and books lovers. Users can recommend their favourite books to others which has helped Goodreads to become an online community for people with similar interests. It was launched in 2007 and was bought by Jeff in 2013.

7. Audible

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Another platform for knowledge gainers but it is different in a way that users can get the knowledge of books by listening only. Audible sells digital audio-books, TV programmes and audio versions of newspapers and magazines. It was acquired by Amazon in the year 2008 for $300 million.

8. Elemental Tech

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Elemental Tech is a software company which is now known as AWS Elemental. The company provides multiscreen video solutions and is the pioneer of using software-based video processing to distribute and monetize video over IP networks.

9. Blue Origin

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Jeff is not only interested in computer and internet related companies but has invested in a rocket company too. Jeff started Blue Origin to turn the idea of space travel into reality. According to the reports, Bezos invests around $1 billion a year in this company.

10. Whole Foods Market

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Whole Foods is an online grocery store and Jeff acquired it in mid-2016 for $13.7 billion. A lot of changes have been made after acquisition such as price cuts, Prime Exclusive deals, free two-hour delivery.

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