Amazon CEO Jeff Bezos Now Worth $100 Billion

26 Novembre, 2017, 00:23 | Auteur: Auguste Feret
  • Amazon founder and CEO Jeff Bezos

CEO Jeff Bezos is now worth more than $100 billion after Amazon's shares surged during Black Friday, according to Bloomberg. The 81 million shares Bezos owned according to documents filed in April are worth $96 billion at Friday's closing price.

The increase, to $100.3bn, is thanks in part to the clamour for Black Friday deals - Amazon shares have gone up 5% this week alone.

The online retail mogul surpassed Bill Gates again on the Bloomberg Billionaires Index, this time advancing nearly $11 billion past the Microsoft co-founder.

Reaching the new landmark was shortlived, however.

Amazon shares are up 58% this year, enough to enrich Bezos by about $34 billion.

But as the company continues to grow, Mr Bezos has seen his wealth increase by $32.6bn in the past year alone. His net wealth went up $36.2 billion this year through to November 24-a 49.8 percent increase since the same period last year.

The business mogul took the title of world's richest person in July when Amazon's stocks increased 1.8 percent.

Most Active Stock: The Walt Disney Company (DIS)
It turned negative, as 43 investors sold NFG shares while 69 reduced holdings. 93 funds opened positions while 256 raised stakes. Nationwide Fund Advisors holds 0% of its portfolio in Ruth's Hospitality Group, Inc. 183,679 were accumulated by Churchill.

Arsene Wenger: 'Mesut Ozil now more determined'
The England worldwide made his first appearance in a month following a groin injury during Thursday's 1-0 loss away to FC Cologne, a result which still meant the Gunners qualify for the last-32 as Group H winners.

Eastern Partnership declaration adopted in Brussels
Since we have had an agreement on association and free trade with them for some time now, we can see that clear-cut steps are made here.

An Amazon fulfillment center. In the process, he became the first billionaire since 1999 to build a 12-figure net worth.

Amazon stock climbed 2.5% on Friday to put Bezos over the top. Bezos also invests in start-ups, and owns The Washington Post and space company Blue Origin.

Online purchases for the day are up 18.4 percent over a year ago, according to data from Adobe Analytics, and investors are betting the company will take an outsized share of online spending over the gifting season.

U.S. online retail giant Amazon earns good profits during the Black Friday event.

Dear reader, we have a little favor to ask of you.

Please help support independent journalism by sharing this article with your friends and family.

Conseillé:



Populaire

Laura Flessel a fêté la victoire... trop tôt
Mais aussi ministre des Sports qu'elle soit, Laura Flessel n'avait pas compris que la rencontre se disputait en trois sets gagnants et non en deux.

Australia thrash Fiji 54-6 to reach World Cup final
They put some pressure on the Kangaroos early and were rewarded with a penalty in the sixth minute, which Apisai Koroisau goaled. Kangaroos coach Mal Meninga said it was a great effort from the players and he's happy to be through to next week's final.

4-year-old boy booked for allegedly raping classmate in Delhi
A four-year-old girl was allegedly sexually assaulted by a classmate on the premises of Delhi's Maxfort School in Dwarka. Shibesh Singh told The Indian Express that an investigation has been taken up and action will be taken as per law.

SIA has released a Christmas video for a new song
Between Santa pilfering food and wine, there is plenty of questionable dance moves, the family dog included. While she was recording in the studio with long-time producer Greg Kurstin , the ideas just kept coming.

Sensex, Nifty finish on positive mood ahead of S&P ratings
Sunteck Realty is reportedly planning to ramp up its commercial property business, by pumping in about Rs 1,500 crores. Meanwhile, the Nifty was trading higher by 14.45 points or 0.14% at 10,356.75 with 33 components gaining.

Reward fund for Philly homeless man soars to over $300K
He has been homeless for about a year after moving to Philadelphia for a job that fell through. Minutes later, he emerged with a red gas can, which he paid with his last 20 dollars.

Delhi Metro Sees Sharp Fall In Ridership after Recent Fare Hike
This is the second fare hike this year as proposed by the Fare Fixation Committee which was formed last year. At that point in time, the minimum fares were raised from Rs 8 to Rs 10 and the maximum from Rs 30 to Rs 50.

Samsung Galaxy A5 2018 Can Have Infinity Display
We feel rejoiced that Samsung is extending the Oreo update to the S6 that was launched three years back. This would not be the first time we see phone designs earlier thanks to some pictures with cases.

Under Fire for Comments About US Jewish Community, Israeli Politician Celebrates Thanksgiving
In a separate post in English she said she was sorry for her "misconceived remarks" and that the "bonds between Israel and Jews everywhere are critical to ensuring our common future".

British Board for Film Certification clears Padmavati for Dec 1 release
The movie that features Ranveer Singh , Deepika Padukone and Shahid Kapoor is distributed internationally by Paramount Pictures. The makers of Padmavati recently chose to postpone its release in India following violent protests against the film.