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CEOWORLD magazine - Latest - CEO Agenda - Amazon CEO Jeff Bezos Added $13.2 Billion To His Fortune In Just Minutes

CEO Agenda

Amazon CEO Jeff Bezos Added $13.2 Billion To His Fortune In Just Minutes

Jeff Bezos

Amazon chief Jeff Bezos, already the world’s wealthiest person, has become even richer.

Shares of his Amazon.com Inc. soared 12% to $2,100 in extended trading on January 30, after the Seattle-based retailer reported 4th-quarter results, putting Amazon back in the $1 trillion market capitalization club.

The 56-year-old Amazon CEO added $13.2 billion to his fortune in about 15 minutes. At the current price, his net worth would be about $129.5 billion.

Bezos owns approximately 12% of Amazon’s outstanding stock, making up the bulk of his fortune.

Bezos’ ex-wife MacKenzie Bezos, 49, owns 4 percent of Amazon following their divorce so she also had reason to celebrate. Her net worth is around $37.1 billion and she is the 24th richest person in the world.

Amazon also forecasts operating income of up to $4.2 billion in the current quarter, down from $4.4 billion the year prior. Amazon now has more than 150 million paid members in its loyalty club Prime, a 50 percent increase from its last disclosure in April 2018.


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CEOWORLD magazine - Latest - CEO Agenda - Amazon CEO Jeff Bezos Added $13.2 Billion To His Fortune In Just Minutes
Ryan Miller
Ryan Miller is a Senior Economist and Alternate Executive Editor at CEOWORLD magazine. He specializes in global finance, labor laws, international banking, public financial management, fiscal policy, and applied microeconomics. In his current role, he oversees the production of special reports, profiles, and lists for the magazine. Prior to this, he was an Advisor to the Editor-in-Chief for one year. Before that, he served as the lead economist for Central America (Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama), Europe, and Central Asia in the magazine's news division. Ryan has extensive experience in economic forecasting, surveillance, and providing economic policy advice.


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