Bezos owns The Washington Post, the space exploration company Blue Origin, and invests in real estate and other companies such as Uber, X Corp., and Airbnb.
People Also Ask
Back in 2011, Bezos invested $37 million in Uber's Series B funding round. The popular ride-hailing app went public in 2019 at $45 per share, valuing the company at $82.4 billion. At a current share price of $46.72 as of Oct. 12, 2021, Uber now sports a market cap of over $88 billion.
Back in 2011, Amazon.com, Inc (NASDAQ: AMZN) founder Jeff Bezos invested in Airbnb Inc's (NASDAQ: ABNB) Series B through his personal venture-capital firm, Bezos Expeditions.
Editor's Choice. The trust didn't own much of ride-hailing giant Uber, just 26,767 shares, but sold them all in the fourth quarter. Uber stock had a strong 2020, surging 71.5%.
Higher-than-expected quarterly revenue figures reported by Airbnb led to its biggest one-day stock pop since its IPO in December 2020, boosting the fortune of cofounder and CEO Brian Chesky by more than 20%.
Airbnb is owned by groups of shareholders. Brian Chesky, who is the co-founder and CEO of Airbnb, is the most influential shareholder of the company. The other co-cofounders of the company are Joseph Gebbia and Nathan Blecharczyk.