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Monday, March 1, 2021

C-Suite 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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Ryan Miller

Ryan Miller

Global Assignment Editor
Ryan Miller is the Global Assignment Editor at CEOWORLD magazine. He covers anything and everything related to CEOs, CFOs, CIOs, senior management executives, business leaders, and high net worth individuals worldwide, whether lists or lifestyle, business or rankings. During his five-year tenure at CEOWORLD magazine, he has employed his expertise in data science across several roles. Ryan was previously responsible for data modelling and analytics, as well as secondary research, on the CEOWORLD magazine Custom Research team. He can be reached on email ryan-miller@ceoworld.biz. You can follow him on Twitter at @ceoworld.
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