Jeff Bezos has a staggering fortune.
The chairman and founder of Amazon is the third richest man in the world, worth $170 billion, according to Forbes.
From delivering fresh produce to customers to creating and distributing movies, music and more, Amazon has a lot going on.
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But back in 1994, when a 30-year-old, newly-married Jeff Bezos quit his Wall Street job to start Amazon, the business was pretty simple: it sold books.
Just three years later, Amazon went public and Bezos’ wealth catapulted to over $12 billion, according to Bloomberg.
You wouldn’t have known it by the newly-minted billionaire’s car, though.
Despite his newfound success, Jeff Bezos swapped out his 1987 Chevy Blazer for only a modest upgrade – a Honda Accord.
CBS’s Bob Simon profiled Bezos in 1990 for “60 Minutes”.
The video, which recently resurfaced online, shows the billionaire sporting khakis and a button-down while driving the car.
“What’s with the Honda?” Simon asks Bezos.
“This is a perfectly good car,” Bezos responds after laughing.
Simon also discovered during the interview that Amazon’s then-headquarters in Seattle shared a street address with a pawn shop, a heroin-needle exchange and a “porno parlor.”
Inside, Bezos’ desk was made out of a re-purposed wooden door and two-by-four pieces of wood.
Why so frugal?
“It’s a symbol of spending money on things that matter to customers and not spending money on things that don’t,” Bezos explains to Simon.
This year, Amazon’s revenue rose 13 percent to $143.1 billion in the three months to September 30, clearing expectations on Wall Street.
Profits surged to $9.9 billion, from $2.9 billion a year ago.
Jeff Bezos has some bigger extravagances, like multiple homes, a private jet and a superyacht called ‘Koru’.
