2017 Jeff bayes's made history and surpassed Bill Gates as the richest man in the world with a net worth of a

Hundred fifty billion dollars to understand his scale of wealth. Let's take a look at some numbers

Earlier this year Jeff announced that he is separating from his wife Mackenzie

But because they live in Seattle his wife has the right to a large portion of his wealth

to be more precise

Thirty-five billion dollars that will make her third richest woman in the world

But Jeff isn't worried because he will still be on the top of the list with over 110 billion dollars

That's how rich basis is. He can afford a divorce and still be on the top of the Forbes list

behind his enormous wealth stands Amazon and if you know anything about this company

You know that it's on the way to take over the world which means a hundred fifty billion dollars is just the beginning

But how a guy with such a loud love?

Who used to sell books is on his way to world dominance

We know Amazon is the place to go for online shopping

But for Netflix uber and thousands of others

Amazon is their way to the Internet. They rely on Amazon Web Services for their websites to function

What started as a side project to support?

amazon.com quickly grew into a

multi-billion dollar company by itself

Earning more money than Amazon ever had in fact

If you take a look at the numbers more than 40% of the internet relies on AWS

only big corporations such as Google Microsoft and Facebook

Arendt's on the mercy of Amazon since they are big enough to build their own infrastructure

But that's not the only industry that Amazon has its grip on

Even for us the consumers

Amazon is no longer the middlemen who connects buyers with sellers

It's becoming the seller itself

Amazon now sells more than

450 of its own brands from watches to clothes

cables to furniture

Competing with the rest of the sellers on the platform to be on the top of the list and since its Amazon

They definitely know how to keep their products on the main page and it's only a matter of time before

Everything that sold in Amazon will be produced by Amazon itself

from Amazon box to reach your doorstep

It needs to go through many hands first

From a track to a plane to a van and maybe then to your doorstep an Amazon has heavily been relying on UPS

FedEx and US postal office, but that's about to change

To be more precise. It's already changing

Amazon now has more than 50 planes and

hundreds of bands and semi tracks to ship its own products it

Already handles a quarter of its shipping and it doesn't seem to stop there

Remember Amazon Web Services. It started to provide servers to Amazon websites

but quickly began providing

service for everyone else and it seems like Amazon wants to do the exact same thing with Amazon Fulfillment and become a

logistics company

Although Amazon is a small fish compared to UPS and FedEx in the logistics industry

Amazon is on its way to change that

Once Amazon is completely self-sufficient. It can easily drive shipping costs down

It doesn't have to make a profit since it has multiple other businesses that already

Generate billions of dollars in revenue and once you ps and FedEx are out of business

Then Amazon can slightly increase the prices and enjoy

Unbelievable profits since it will be the only player in the market

Amazon doesn't just want to be the place where you periodically buy strange gadgets

It wants you to buy groceries at Amazon

That's why it purchase Whole Foods Market many of us still prefer to physically go to the store

But we all know that that's about to change and Amazon doesn't want to miss the opportunity to take over the industry

The grocery business is definitely competitive but no one is more qualified to do that than Amazon

They have the technology experience and money

Even though Netflix too relies on Amazon Amazon is on its way to change that in

2010 Amazon launched

Amazon Studios to challenge Netflix, of course, they're too small to be compared to Netflix

But that's what the bookstore manager said when Amazon started selling books online

they will keep pouring money and creating as many shows as

Possible to convince you to switch to Amazon Studios and like UPS and FedEx

Netflix doesn't have a side business that earns a pile of cash in

Fact with the introduction of Alexa Amazon wants to make online shopping as easy as possible

Imagine coming back home after the long day and realizing that you forgot to do the groceries

Or what you have to do is to ask Alexa and while you will be waiting for it

Alexa would suggest you to watch some of the latest shows and Amazon Studios in

20 years I guess

Everything you will buy will probably be made by Amazon

So than Amazon and shipped by Amazon and that's how Amazon wants to take over the world

And once it does I will definitely make a video on that and if you don't want to miss it

You have to click on that Bell button. Otherwise YouTube isn't gonna notify you. Thanks for watching and until next time