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How Jeff Bezos Became the King of E-Commerce

7277 ratings | 622037 views
Amazon CEO Jeff Bezos was one of the first entrepreneurs to realize the potential of selling products on the internet. This Bloomberg Profile looks into how Bezos built Amazon inside his garage and now has his sights set well beyond online commerce. Video by Michael Byhoff, Shawn Hazelett ---------- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on... Twitter: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/
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Text Comments (524)
When he was just selling books he looked like any other geeky tech guy. But nowadays he looks like a Bond villain.
Brony Clopper (14 days ago)
What did Jeff Bezos mean by sending Donald to space?
Tyl Cu (27 days ago)
Tax credits and the gov allowing his company to take over is mostly responsible...
Trishant (1 month ago)
I wouldn't worry. He has until 2024.
Cruzboy (1 month ago)
he launched the first penis into space?
Nikhil Verma (1 month ago)
I can't understand how people look up to him as symbol of inspiration despite him treating his workers as disposable slaves.
Luis Marcaida (1 month ago)
Richest person in the world against the head of the most powerful state in the world
Sashsrika Hiranda (1 month ago)
First off what's this relationship with Billionaires and Garages. Guess where I'm gonna spend more time in from now
M AZ (1 month ago)
If we can ever get them to refund us for the package their driver stole and marked delivered we plan to stop using them. My wife calls them Scamazon. They are propped up by the CIA and want to destroy America.
Tom Chan (1 month ago)
"jEfF wHO?" - Elon Musk
Riad Ahmed (1 month ago)
Jeff bezos is a thief his Amazon extortion little sellers money then destroy their account without a accountability and American morally let him go with is mega scam shame .
S Wells (2 months ago)
He was born to a teen mom and his dad was a bike shop owner. He just became the richest man in America. That is the American dream.
Pin A Yoong (2 months ago)
Bezos then : here i sell books Bezos now: Not quite my tempo!
Billy Bob (2 months ago)
Is he a leader of a cult like Scientology?
Tadashi Umemura (2 months ago)
You are beautiful. Thank you very much.
pedro pichardo (2 months ago)
John bezos made 100,000,000 dollars everyday in the whole 2017 do the math.
I speak My mind (3 months ago)
Someone please end this mans life
LifeisGreat (3 months ago)
one word: MONOPOLY
Saji Mathew (3 months ago)
Abderrahim AOURIR (3 months ago)
Was that an allegory to the prophet Moses in the end??
James Davidson (3 months ago)
The advert on this video is reason why he is king of commerce
Luke Williams (4 months ago)
Amazon can be competed with, it’s possible
Booker Wiggins (4 months ago)
I didn't know so many cartoons like this existed. What happens when the acting and street walking checks run out?
Gerald J Walls (4 months ago)
Jeff Bezos Doesn't legally Own Amazon
44 annetta hunte. (4 months ago)
Paula 6 may 2018
Sean Fagan (4 months ago)
What a twitchy little bitch I would bet anything he was either rapped as a child or beaten. All the money in the world he is still the same twitchy little work that no one wants around them unless they are gold diggers.
Daniel Wilczek (4 months ago)
nothing wrong with competition but don't wanna get hit by a car/blockaded
ukininam gago (4 months ago)
Not quite my temp--- oh, wrong video
Ewaz Nazari (4 months ago)
Logic is genius (2 months ago)
Hail to Jeff Bezos
Leofwine (4 months ago)
Bald Zucc
Gerald J Walls (4 months ago)
He lied like he Owns Amazon He is Another Thief
Guero Rodriguez (4 months ago)
Mr. 305
Ruth Noel (4 months ago)
💥 Amazing 💥
Jmad0113 (4 months ago)
1996: I sell books 2018: I sell everything in this fucking world
Mark Bignell (4 months ago)
A propoganda piece on a moraless psychopath. A rich, spoiled brat from the beginning. There's very few cases where a billionaire gets where they are without rich parents, relatives or backers to start with, or by robbing people blind: including paying their staff peanuts, working long hours under poor conditions. The sheepie sure love to be brainwashed to worship parasites like this.
Meo Be (5 months ago)
Richest person right now
tom (5 months ago)
Bruh he's 30 billion ahead of the number 2 spot, bill gates.
Ryan Rodrigues (5 months ago)
Now, I understand why Trump hater online retailing.
Muhd Nabil (5 months ago)
Where’s Tony Stark?
kastuul YW (5 months ago)
Amazon and Alibaba are in competition. And Americans want to break Amazon into pieces to protect their retail businesses.
BABAJI Joshi (5 months ago)
He will be a quadrillionare
megon gon (5 months ago)
i can't hear the other guy clearly
Ńöäh Š (5 months ago)
The richest man in the world
James Marshall (5 months ago)
how tf does the success of Jeff Bezos have to do with trump?
卍 DodgeMyHits ツ (5 months ago)
He so fkng rich while cant even cure his baldness
RNE Extra News (5 months ago)
EMINEM (5 months ago)
AndroidUniverse (6 months ago)
Trump always has problem with someone
bandit jones (6 months ago)
I rather have hair and be poor then be this rich and have a bald head.
OMIM (6 months ago)
Very nice video! Thank you for sharing! 💓
VMC (6 months ago)
why the f**k does everyone go into garage.. why not start it in their bedroom
Sagnik Chatterjee (6 months ago)
Lex Luthor
Ruru Asile (7 months ago)
Like linking chinese crap to amazon market? Genius
GammaRay Burst (7 months ago)
Jeff who?
terryfriend16 (7 months ago)
Small town shops are gone. Keep going folks, buying. .. You all have put small businesses in America out of business. I don't shop Amazon. Lazy asses, don't you see what happened?
Afi James (6 months ago)
terryfriend16 damn right
HEADBANGRR (7 months ago)
Jeff looks like a Dick Head.
M. (7 months ago)
Interstellar Travel??? No no no
Jamie Hunt (7 months ago)
Donald < Jeff < Elon
Scar (7 months ago)
Jeff who? -Elon Musk
Tanzaff Productions (7 months ago)
Jeff who?
Jae duk Seo (7 months ago)
This video is so interesting.
kain kabil (7 months ago)
the main thing we should know is: whose ass he licked? who he knew and had a connection? whose rights did he raped?
Your Pal (7 months ago)
you sure? that looks like the guy from diehard....bruce willy?
Don’t you mean king of the world? - he’s worth 125 billion fucking dollars.
Abba Elohi (7 months ago)
wow all that money and he has no hair? if i had billions and was bald id get a hair translplant lol
Landbergaren (7 months ago)
Jayant Srivastava (7 months ago)
Wow. I saw an amazon ad before this video. Talk about influence
Fabian Ruiz (7 months ago)
0:23 with all that money im starting to think those guns are fake
Miles (7 months ago)
HOW JEFF BEZOS BECAME THE KING OF GREED.. Amazon was and still is undercutting major corporations and small businesses by selling goods UNDER cost. Yeah, you might like that as a consumer, but it ruins the free market capitalist society we created. Bezos did this strategically knowing that it wouldn't matter if the company posted a loss every quarter when consumer confidence would cause investors to boost up the stock price. BEZOS IS A SCAM ARTIST
MARILYNANDERSON88 (4 months ago)
Miles he elimates the cost of storing inventory Nd us putting the money in his accounts weeks before the products are delivered, a billion in his bank for a week rather than paying inventory costs is,making him millions in interest .
Lee Nj (7 months ago)
splits seconds (7 months ago)
Lex luthor
cb81987 (8 months ago)
Ive used amazon a lot over the years but i think this guy is the face of evil, soley because amazon owns IMDb, and the IMDb message boards were deleted under Amazon's ownership. This guy has a lot of bad karma stacked against him for letting that happen. The forums needed work, but all that was needed was a room full of forum administrators to keep the boards under control. This guy is a douche. I learned everything about cinema (arguably the greatest art form) from the IMDb message boards. The IMDb message board community was like a family, and deleting the community was nothing short of a digital holocaust. I also believe that deleting the forums was a thinly disguised "silencing" of a large group of people with different opinions. Amazon wants to push it's agenda without any background noise. Jeff Bezos is like a modern Darth Vador.
Afi James (5 months ago)
cb81987 a nwo piece of trash.
z anthony (8 months ago)
No.1 scumbag in the world indeed. Start up with predatory pricing then jack them up after competition is eliminated. LOL
Freedom Anon (8 months ago)
Sounded almost like a paid advertisement, expecting to hear at the end. PAID FOR BY JEFF BEZOS FOR HEAD OF CIA.
The Engineer (8 months ago)
Yeah Rule #1....born white.
albert gallegos (8 months ago)
Love amazon......tks to him dont have to go shopping for anything everthing is in a click
Pat Daddy (8 months ago)
He went from computer nerd to Lex Luthor.
Lino Baccini (8 months ago)
Jeff who?
matsutakneatche (8 months ago)
slave factories gov't subsidies being a douchebag sociopath here are some of his secrets lol what a monumental douchebag
John Poole (8 months ago)
Unlike some, he smiles, laughs at himself, and isn't afraid to make a mistake and admit he's wrong. If we have to have a benevolent despot, I hope that it is someone like him.
RESEARCH: Jeff Bezos. His maternal grandfather was a founding member of DARPA = CIA... He is key DEEP STATE. War is coming.... know your true enemy, becasue he knows you... Jeff is special alright, his gramps gave him the keys to the castle, it didn't come from hard work and luck... Wake the F up.
The Elder (7 months ago)
Science Proves It's flat. FlatEARTHER source please
Andi Barrios (8 months ago)
Actually the guy from Alibaba is the king of e-commerce
Arjon Rahman (8 months ago)
Do all massive corporations start in a GARAGE????????
MrCrazyClaw (5 months ago)
Its mostly a myth, the founders were all wealthy and well connected, its just that they probably started operations in a garage before they moved into office space
Blessedone333AZ (9 months ago)
WRONG BEZOS GOT HELP FROM THE GOVERNMENT! The CIA helps but the biggest help is TAX PAYERS and not just us taxpayers but his headquarters in Luxembourg also reveals how he steals from their taxpayers by not paying his fair share! This man is not a hero he is evil. http://www.newsweek.com/2016/07/22/amazon-jeff-bezos-taxes-479814.html
MEDiAgamer (9 months ago)
Lol. There's something very ironic watching insanely wealthy people (people who have more money than they'll be able to spend in one lifetime) talk about risk and making it in business. Because 95% of us will never reach the level of Jeff Bezos. And those who are born into wealth don't count.
meowmeow (9 months ago)
I wish reporters would stop the tired old lie of starting in a physical garage.
NightLurk (9 months ago)
I didn't come here to watch the video, I just came here to say that I deeply dislike Bezos and I feel like punching him in the face every time I see him. That's it.
Seek Daily (9 months ago)
[People, absolute knowledge is Here, (challenge any 2 video)] [ Clarity about the Reality of the Modern World] Seek Daily will open your blind eye's which is blocked by "Master of Deception", and Seek Daily will give you Correct & Original Theory which is absolutely recognizable. Clarity about the Reality today in the Modern World. What's going on really in the world as well as What will happen in the next few years means in next 20 years.
Seek Daily (9 months ago)
[People, absolute knowledge is Here, (challenge any 2 video)] [ Clarity about the Reality of the Modern World] Seek Daily will open your blind eye's which is blocked by "Master of Deception", and Seek Daily will give you Correct & Original Theory which is absolutely recognizable. Clarity about the Reality today in the Modern World. What's going on really in the world as well as What will happen in the next few years means in next 20 years.
Guadalupe Robles (9 months ago)
Hola Jeff te felicito por tu inteligencia dios te bendiga
Shreekant Waphare (9 months ago)
Money from Amazon was never spent on blue origins or Washington post. This a very poor quality content, only to clickbait. This is not expected from Bloomberg.
Pablo Rages (9 months ago)
If he's anti Trump ...he's Anti American ... DON"T USE AMAZON !!!!!!!!!
Viet PopLove (9 months ago)
Jeff Bezos for president 2020
Jitsu Murena (9 months ago)
Man, the audio was awful.
HARDL3FT (9 months ago)
Why oh why couldn't this be America's first business man President?
Furlock Furli (9 months ago)
You may try to sell an NWO agent as you wish. Try again.
dr FeelGood (9 months ago)
fuck monopoly
James Gravil (9 months ago)
4:30 Anyone recognise the irony in Donald Trump criticising Bezos for using his money to buy political influence?
Ben Correa Goldberg (9 months ago)
swear to god that's j. k. simmons in the thumbnail

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