Feeds

Book votes man as book of the year

Amazon's Bezos gets Person of the Year gong from magazine

  • alert
  • submit to reddit

Build a business case: developing custom apps

Amazon.com billionaire Jeff Bezos was yesterday named Time magazine's Person of the Year. At 35, the Internet shopping guru is one of the youngest people ever to grab the title – putting him in the company of royalty and revolutionaries. After four years, Amazon.com is worth an estimated £13 billion – more than the combined value of its two biggest competitors Barnes & Noble and Borders. And Bezos' own fortune is said to have already hit the £4 billion mark. The company, which started as an online bookshop but now stocks everything from home improvement to toys, expects sales of £5 billion this year. It has 13.1 million customers and 2,100 staff, but has yet to make a profit. Time managing editor Walter Isaacson said: "Bezos is a person who not only changed the way we do things, but helped pave the way for the future. "E-commerce has been around for four or five years, but 1999 was a time in which e-commerce and dotcom mania reached a peak and really affected all of us," Metro newspaper reported. Bezos said the award was "an incredible and humbling honour". Bezos is the fourth youngest person to be named Time Person of the Year, after Charles Lindbergh, 25 in 1927, Queen Elizabeth II, 26 in 1952, and Martin Luther King, 34 in 1963. ® Related stories: Round one to Amazon in Click-1 fight Outage hits Amazon sites Amazon.com sues Amazon.gr

Boost IT visibility and business value

More from The Register

next story
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 10 endpoint backup mistakes
Avoid the ten endpoint backup mistakes to ensure that your critical corporate data is protected and end user productivity is improved.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.