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Jeffrey Preston Bezos (ˈbeɪzoʊs ; ; born January 12, 1964) is an American business magnate, media proprietor, and investor. He is the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. With a net worth of US250 million and manages many other investments through his venture capital firm, Bezos Expeditions. In September 2021, Bezos co-founded the biotechnology company Altos Labs with Mail.ru founder Yuri Milner. The first centibillionaire on the Forbes Real Time Billionaires Index and the second ever to have eclipsed the feat since Bill Gates in 1999, Bezos was named the "richest man in modern history" after his net worth increased to $150 billion in July 2018.