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Amazon has become the largest online store with annual sales and profits to beat big retailers in the last 10 years. It only took 4 years for Amazon to switch from the online bookstore Jeff Bezos managed in his small apartment in Seattle to get a revenue of $ 61 billion a year. Initially called Cadabra but so online, Bezos chose the name Amazon to respect Amazon, the legendary country of female fighters in Greek mythology. Bezos Net Worth today is $ 28 billion in 2013. But another key player in helping Amazon Catapult is Joy Covey who died after being killed in a cycling accident. He left his son Tyler Covey. The 50 -year -old player is the company’s first Chief Financial Officer.
- Education: Harvard Law and Business graduation 1990.
- Birthday: 1963
- Birthplace: San Mateo, California
- Children: Tyler 8 years old.
- Covey Husband: In 1995 she met her husband while she was working for Avid in Boston Massachusetts. He was a doctor and they immediately fell in love. He left his practice and moved to Silicon Valley with her before she joined Amazon. The couple has three homes, the house they bought in Seattle, a town house in Belmont, California and a ski house in Park City, Utah. They got married November 1999 Two dozen guests rode snowmobiles up to a clearing in Utah’s Wasatch Mountains where Covey, in black jeans, sweater and veil, took the vows. Afterwards, they retreated to a ski lodge for lunch. They later had a son Tyler in 2005.
Net Worth: $125 million
Joy Covey joined the legendary company in 1996 when the company was not so hot. It was the early days of online retail and a cover assignment to convince investors to put more money into the company. Jeff Bezos still operates online sites in his apartment and Covey goes to Wall Street and conveys messages and goals of the company to people who are still in darkness about all concepts. Amazon at that time was a company that was not profitable but Covey could attract hundreds of investors who appointed the company. It is a very difficult job for Covey because the company is undergoing a shaky financial stage. He still maintains investors during the Amazon finance decline in the 90s. Amazon Go Public on May 14, 1997, with a prime public offering price of $ 18. The shares were closed yesterday with a record of $ 312.06. After leaving the company in 2000 Ms. Covey continued to hold the title with the vice president and other executive offices to leave the Seattle giant in April 2000.
Amazon initially only sells books. Bezos sat and made a list of 20 products that would be sold online. He previously read an article about online trade projections. It is believed that ecommerce can grow 2,500% in the 90s and bezos see opportunities.
