Amazon CEO, Jeff Bezos becomes the richest person in the world again after adding $6.8 billion to his net worth overnight
According to Forbes, Amazon CEO Jeff Bezos is now
the richest person in the world for the second time as Amazon stock
opened up more than 8% higher than Thursday’s close, adding nearly $7
billion to Bezos’ net worth overnight.
Bezos had a net worth of $89.7 billion, as of the start of trading on
Friday, while Gates had a net worth of $90.1 billion, up $550 million
from yesterday. Then by 10:15 a.m. Eastern, Amazon stock had climbed
nearly 2% since the market opened, adding $900 million to Bezos’ net
worth and putting him in the No. 1 spot with a net worth of $90.6
billion versus Gates’ $90.1 billion at that time.
Amazon stock surged in after-hours trading on Thursday after the
company reported strong third quarter earnings. Amazon reported $43.7
billion in revenue, well above the $42.1 billion analysts expected.
Bezos became the richest person in the world for the first time three
months ago as Amazon stock hit an all-time high on July 27, just before
Amazon reported its second quarter earnings. But Bezos’ first time at
the top of Forbes’ Real-Time Billionaires List only lasted a few hours.
Bezos first joined the Forbes 400 in 1998, one year after Amazon went public, with a net worth of $1.6 billion.
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