Amazon Surge Places Bezos Within $5 Billion of World’s Richest Crown

A surge in after hours trading for Amazon.com Inc. added $3.3 billion to the fortune of Jeff Bezos, putting him less than $5 billion away from becoming the world’s richest person.

Bezos saw his fortune surpass $80 billion for the first time, according to the Bloomberg Billionaires Index. The 53-year old has added $65.2 billion to his net worth since the index debuted in March 2012 and ended Thursday with a net worth of $79 billion. His net worth will surpass $80 billion on the index for the first time if the gains hold Friday.

Amazon shares added almost $50 after the company projected sales that may beat estimates in the current quarter, furthering an unbroken 20-year streak of double-digit revenue growth. Amazon had first-quarter sales of $35.7 billion and earnings of $1.48 a share, beating Wall Street analyst expectations. Shares closed at $918.38 Thursday and reached as high as $965 after hours.

admin

admin

Leave a Reply

Recent Posts

Trump Supporters: Get Your 2020 'Keep America Great' Shirts Now!

Are you a proud supporter of President Donald Trump?

If so, you’ll want to grab your 2020 re-election shirt now and be the first on your block to show your support for Trump 2020!

These shirts are going fast so click here to check for availability in your area!

-> CHECK AVAILABILITY HERE


More Popular Stuff for Trump Supporters!

MUST SEE: Full Color Trump Presidential Coin (limited!)

Hilarious Pro Trump 'You are Fake News' Tee Shirt!

[Exclusive] Get Your HUGE Trump 2020 Yard or House Flag!

<