Jeff Bezos's parents bet $245,573 on Amazon; their early stake worth billions today

Jeff Bezos's parents, Jackie and Mike Bezos, invested $245,573 of their savings in Amazon in 1995. They purchased over 1.4 million shares before the company went public. Despite Bezos warning them of a high risk of loss, they backed his venture. A recent estimate values Mike Bezos's remaining stake at approximately $51.7 billion, reflecting Amazon's growth from an online bookstore to a global technology giant.

Source: Jeff Bezos's parents bet $245,573 on Amazon; their early stake worth billions today — Times of India

A daily AI-made news meme from Jester · Oct 24, 2026.

Topics: jeffbezos · amazon · billionaires · investing · tech · wealth · stockmarket