Mark Bezos – brother of Amazon's Jeff Bezos - is a successful man in his own right and has built up his net worth to an estimated $40 million through good investments and work in advertising.
Explainer
What does net worth mean?
And quickly learn how to calculate your net worth today.
How did Mark Bezos build his net worth?
Mark is the lesser known, younger, and taller brother of the Amazon founder, Jeff Bezos.
After graduating from Texas Christian University, rather than team up with his brother on Amazon, Mark started out in advertising, working at world-famous ad agencies, DDB and Saatchi & Saatchi.
After gaining experience in the advertising field he went on to start his own firm – Bezos-Nathanson.
Following the successful start and operation, Mark sold Bezos-Nathanson to EastWest Creative in 2005.
He pocketed the exit money and became Head of Communications at the Robin Hood Foundation from 2006 until 2016, reportedly making $1 million per year.
Mark Bezos also serves as the Director of a foundation run by his family and is a long-time volunteer firefighter in suburban New York.
Mark is a stakeholder in Amazon, and although the exact number of Amazon shares is not known, it is public knowledge that he purchased at least $10,000 worth of shares in 1996 when AMZN stock traded for less than 10 cents per share.
Mark owns a diverse stock portfolio as well as an impressive real estate portfolio in addition to cash reserves.
Mark is also involved with his brother Jeff's space venture, Blue Origin, going up into space on the edge of the earth's atmosphere on the New Shepard rocket in 2021.
Free money making ideas
Start building up your net worth
Get our free guide to making money online and offline. Includes 90+ passive and active income stream ideas.
Mark Bezos Quotes
Don't wait until you make your first million to make a difference in somebody's life.
FAQ's
Was Mark Bezos born rich?
Like his older brother Jeff Bezos, he was not born into a wealthy family – his personal financial success has come in his own right.
Image: YouTube/TED