FILE PHOTO: Amazon founder and CEO Jeff Bezos laughs as he talks to the media while touring the new Amazon Spheres during the grand opening at Amazon's Seattle headquarters in Seattle, Washington, U.S., January 29, 2018. REUTERS/Lindsey Wasson/File Photo
It may be the most successful venture investment of all time.
In 1995, Jackie and Mike Bezos ploughed US$245,573 (RM997,701) into their son’s fledgling e-commerce website, according to a prospectus two years later. It was a big gamble, Mike Bezos, the stepfather of Amazon.com Inc founder Jeff Bezos, recalled onstage during a 2015 event at the National Constitution Centre in Philadelphia.
