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

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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CEOWORLD magazine - Latest - C-Suite Agenda - Amazon CEO Jeff Bezos Added $13.2 Billion To His Fortune In Just Minutes
Ryan Miller
Ryan Miller is CEOWORLD magazine's executive editor of news, writing analysis, and long-form reporting. In his role, he coordinates and tracks the publication of special packages, magazine stories, and the publication’s signature lists. He's a somewhat long-suffering supporter of Manchester United F.C. and a genuinely long-suffering fan of the Los Angeles Clippers.