Jump to content
BeatKing.com | Music News | Downloads | Forums | Videos | Lyrics

Amazon founder Jeff Bezos tops Warren Buffett, becomes the third richest person in the world

NelsonG

By NelsonG,
in General News

 Share

Recommended Posts

NelsonG Apprentice

NelsonG

Posted
Posted
Https%3a%2f%2fblueprint-api-production.s3.amazonaws.com%2fuploads%2fcard%2fimage%2f153898%2f0dac7070bd6f4182b8e19f4374c1f578
Feed-twFeed-fb

Jeff Bezos just snuck past Warren Buffett to become the third-richest person on Earth.

The Amazon.com Inc. founder’s net worth was $65.05 billion Thursday, topping Buffett by $32 million on the Bloomberg Billionaires Index. With the gain, Bezos’s wealth has increased by $5.4 billion this year, marking a resurgence after it fell to as low as $43 billion in February amid turbulent global markets.

https%3A%2F%2Fblueprint-api-production.s

Image: Bloomberg

Most of Bezos’s wealth is tied to Amazon, which has benefited from robust demand for quick-turnaround delivery, cloud services and gadgets like the Kindle and Echo. 

In April, the Seattle-based company posted its biggest-ever net income and said first-quarter sales climbed 28 percent, including a 64 percent rise at its cloud-computing division. The shares are up 54 percent since hitting a low of $482.07 on Feb. 9. Read more...

More about Business, Amazon, Rankings, Bloomberg, and Warren Buffett pS3LOV1PgwI

View the full article

Link to comment
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.

  • Our picks

    • Wait, Burning Man is going online-only? What does that even look like?

      Wait, Burning Man is going online-only? What does that even look like?

      NelsonG posted a topic in General News,

      You could have been forgiven for missing the announcement that actual physical Burning Man has been canceled for this year, if not next. Firstly, the nonprofit Burning Man organization, known affectionately to insiders as the Borg, posted it after 5 p.m. PT Friday. That, even in the COVID-19 era, is the traditional time to push out news when you don't want much media attention. 
      But secondly, you may have missed its cancellation because the Borg is being careful not to use the C-word. The announcement was neutrally titled "The Burning Man Multiverse in 2020." Even as it offers refunds to early ticket buyers, considers layoffs and other belt-tightening measures, and can't even commit to a physical event in 2021, the Borg is making lemonade by focusing on an online-only version of Black Rock City this coming August.    Read more...
      More about Burning Man, Tech, Web Culture, and Live EventsView the full article
      • 0 replies
      NelsonG

      Picked By

      NelsonG,
    • Post in What Are You Listening To?

      Post in What Are You Listening To?

      DudeAsInCool posted a post in a topic,

      Post in What Are You Listening To?
      DudeAsInCool

      Picked By

      DudeAsInCool,
    • Post in What Are You Listening To?

      Post in What Are You Listening To?

      DudeAsInCool posted a post in a topic,

      Post in What Are You Listening To?
      DudeAsInCool

      Picked By

      DudeAsInCool,
    • Post in What Are You Listening To?

      Post in What Are You Listening To?

      DudeAsInCool posted a post in a topic,

      Post in What Are You Listening To?
      DudeAsInCool

      Picked By

      DudeAsInCool,
    • Post in What Are You Listening To?

      Post in What Are You Listening To?

      DudeAsInCool posted a post in a topic,

      Post in What Are You Listening To?
      DudeAsInCool

      Picked By

      DudeAsInCool,
    View All
×
×
  • Create New...