How Richest Man In The World, Jeff Bezos, Made $13.2 Billion In Few Minutes


Richest man in the world, Jeff Bezos in a recent report by Bloomberg has increased his worth by $13.2 billion and is now worth around $129.5 billion.

Shares of his Amazon.com Inc. surged 12% to $2,100 in extended trading at 4:16 p.m. in New York, after Amazon’s final quarterly earnings report for 2019 in which the company told investors it managed to achieve $87.4 billion in revenue.

Bezos, 56, owns about 12% of Amazon’s outstanding stock, making up the bulk of his fortune. His ownership of closely held Blue Origin accounts for about $6.2 billion. The late surge Thursday added more than $90 billion to Amazon’s market value, pushing it above $1 trillion.

See Screenshots of report below;


0/Post a Comment/Comments

Previous Post Next Post