Related: Jeff Bezos Now Worth $50B More Than Anyone Else
Bezos’ success within the e-commerce industry all started with the risk he took in 1994. That year, he quit a lucrative job on Wall Street to create an online bookstore, in hopes to capitalize on the Internet’s rapid growth.
“I came across the fact that Web usage was growing at 2,300 percent per year. I’d never seen or heard of anything that grew that fast, and the idea of building an online bookstore with millions of titles–something that simply couldn’t exist in the physical world—was very exciting to me,” Bezos said in a 2010 address at Princeton University, his alma mater.
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