Amazon’s founder is worth an estimated £94billion. Mr Bezos, 56, founded the company in 1994 as an online bookshop and built it up to become the world’s largest internet company. Forbes described him as being “far richer than anyone else on the planet” in 2018. But, remarkably, a man who worked with him believes there are three simple steps to replicating his success.
Mr Bezos drives down costs at all times, fosters innovation and chooses long-term value over short-term results.
The unnamed Amazon insider penned an article for Modest Money in 2018 and cast a detailed light on the American entrepeneur’s philosophy.
On driving down costs, he wrote: “For companies this means don’t overpay for input costs.
“If there are capable workers who are happy to do the job for £12-an-hour, don’t offer anything higher for this position.
“If nobody is willing to do it for less, consider investing in automation.
“For me this means I should cut my spending wherever I can, like on…
