# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C5UJFslNm1S
- **Gondola URL:** https://gondola.cc/posts/17856352-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/f8f1c191c229db54de2c72b411d3c74336c71b3659e5f30921a662ab62d8e806.jpg
- **Posted:** 2024-04-03T21:39:10.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

Amazon founder Jeff Bezos encouraged his siblings Mark and Christina to invest $10,000 each in the company in the mid-1990s. Little did any of them know at the time that this would make them billionaires one day.

In 1996, Bezos’ siblings each bought 30,000 shares of Amazon for $10,000. Jeff had one condition, though: if Amazon failed and the investment turned sour, he still wanted to be invited to his siblings’ homes for Thanksgiving, according to the book “The Everything Store: Jeff Bezos and the Age of Amazon.”

Luckily for Bezos and his siblings, Amazon flourished and turned them all into billionaires. That small $10,000 investment back in 1996 is now worth $1.30 billion, assuming that neither of the Bezos siblings sold any shares so far.

This makes for a staggering gain of 13,025,889%.
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#jeffbezos

## Stats

- **Views:** 0
- **Likes:** 84,825
- **Shares:** 0
- **Comments:** 386

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

## Tags

jeffbezos

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