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Amazon CEO Jeff Bezos is now worth $100B thanks to Black Friday boom
NBC ^ | 11/25/17 | YELENA DZHANOVA

Posted on 11/26/2017 8:46:56 PM PST by Blue House Sue

Amazon CEO Jeff Bezos has reached a net worth of $100 billion — it's enough this holiday to buy over half a billion Echo speakers or pay the yearly subscriptions of more than 670 million Amazon Music Unlimited accounts.

The online retail mogul this week surpassed Bill Gates on the Bloomberg Billionaires Index, advancing almost $11 billion past the Microsoft co-founder. He can thank Black Friday sales for helping Amazon shares to jump more than 2 percent and online holiday sales to increase by more than 18 percent since last year, Bloomberg reported.

(Excerpt) Read more at nbcnews.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: 100billion; bezos; billionaires; blackfriday; ecommerce
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1 posted on 11/26/2017 8:46:57 PM PST by Blue House Sue
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To: Blue House Sue

Meh.....


2 posted on 11/26/2017 8:49:55 PM PST by Fungi (Fungi rule the world, no one knows it yet.)
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To: Blue House Sue

and yet the compost can't find it's butt with a mirror and a flashlight.


3 posted on 11/26/2017 8:49:56 PM PST by 867V309 (Lock Her Up)
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To: Blue House Sue

Honest to God, why are people buying these Echo spies? I am not the paranoid type, but this thing creeps me out. And what exactly is the point? Are we this lazy?


4 posted on 11/26/2017 8:51:36 PM PST by Phillyred
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5 posted on 11/26/2017 8:52:41 PM PST by KavMan
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To: Phillyred

Bingo!


6 posted on 11/26/2017 8:52:57 PM PST by Fungi (Fungi rule the world, no one knows it yet.)
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To: Blue House Sue

Good for him. A true American entrepreneur in the spirit of Vanderbilt, Rockefeller, Ford, Gates and Jobs. He has truly disrupted an industry that needed disrupting, and is reaping the rewards.


7 posted on 11/26/2017 9:05:43 PM PST by bigdaddy45
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To: bigdaddy45

Well put.


8 posted on 11/26/2017 9:06:41 PM PST by Blue House Sue
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To: Blue House Sue

I will never give that bastard or his company $0.10


9 posted on 11/26/2017 9:18:01 PM PST by LeoWindhorse (America First !)
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To: LeoWindhorse

“I will never give that bastard or his company $0.10”

Well then, Bezos is only worth, $99,999,999,999.90.


10 posted on 11/26/2017 9:24:16 PM PST by Blue House Sue
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To: LeoWindhorse

Likewise. I used to do business with them but the Washington Post has turned me off.


11 posted on 11/26/2017 9:35:07 PM PST by boycott
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To: Blue House Sue

Who does he donate to?
Blue, Red or Green?
If the answer is ‘All of them’, then I expect the proportions to be quite different. i.e. 78% for Blue, 18% for Green and 2% Red.


12 posted on 11/26/2017 9:35:52 PM PST by lee martell
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To: lee martell

He owns the Washington Post.

Lots of in-kind contributions to the DNC.


13 posted on 11/26/2017 9:38:34 PM PST by Blue House Sue
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To: Blue House Sue

But Amazon has not actually earned any profit yet?! It is all stock price on speculation. 7casepacker


14 posted on 11/26/2017 9:39:43 PM PST by blackdog
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To: blackdog

Slight profits and the market cap is $570 billion.

If If were him, I’d cash out and go back to the ranch in South Texas.

I read somewhere that $100 billion dollars goes a long way these days in Cotulla, Texas.


15 posted on 11/26/2017 9:46:54 PM PST by Blue House Sue
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To: Blue House Sue

All that money and he’s still bald.


16 posted on 11/26/2017 9:54:40 PM PST by Rebelbase (The urge to save humanity is almost always only a false-face for the urge to rule it.-- H.L. Mencken)
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To: Blue House Sue

He’s rich enough to buy and sell George Soros many times over. Not likely though, if he runs The Post.


17 posted on 11/26/2017 10:00:14 PM PST by lee martell
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To: bigdaddy45

If only Sears’ management had understood the scope of the internet. Amazon IS the online version of what the Sears catalog used to be.


18 posted on 11/26/2017 10:00:16 PM PST by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves.)
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To: Blue House Sue

Good for him, the leftist scum that he is, he made his money the old fashioned way as far as I can tell.


19 posted on 11/26/2017 10:35:10 PM PST by lefty-lie-spy (Stay metal. For the Horde \m/("_")\m/ - via iPhone from Tokyo.)
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To: lee martell

It’s all “balance sheet” wealth. He couldn’t raise one percent of one hundred billion in cash if he had to.


20 posted on 11/26/2017 10:35:58 PM PST by 4Runner
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