Posted on 06/18/2018 5:23:03 PM PDT by Enlightened1
Amazon founder and CEO Jeff Bezos, the wealthiest person in the world, is richer than he has ever been before. Since June 1, the tech titan's net worth has grown over $5 billion and now totals $141.9 billion, according to the Forbes World's Billionaires list. That makes Bezos worth roughly $49 billion more than Bill Gates and about $60 billion more than Warren Buffett.
This latest win for Bezos is just one of many he has enjoyed this year.
As Amazon's customer base sticks around despite the latest Prime latest price hike in exchange for a slew of services and perks, the company's stock has continued to increase in value. Even Buffett now regrets not investing in Amazon when he had the chance.
Earlier this year, Bezos officially became the richest person in the world and also helped make Amazon the second most valuable company in the world, behind Apple. And his success can arguably be traced back to a risk he took when he was 30 years old.
Bezos was a straight-A high school student and the class valedictorian, and he got accepted via early admission to Princeton, according to Brad Stone's biography "The Everything Store: Jeff Bezos and the Age of Amazon." He majored in computer science and electrical engineering, and then went on to work various finance and tech jobs after college.
It was while serving as a vice president at the hedge fund D. E. Shaw in the 1990s that Bezos came up with the idea to sell books over the Internet. Doing so, though, would mean taking a significant risk and ...
(Excerpt) Read more at cnbc.com ...
He made more in three weeks than Trump is worth overall. Actually twice as much.
With that much wealth, why not sell off and just enjoy the rest of your life doing whatever you want?
Anyone with experience using Walmart online?
I’m thinking that may the closest thing to a conservative alternative to Amazon right now.
Too bad it is pretty much impossible to live in society today without lining the pockets of filthy-rich liberals.
Wow.. I remember when he was concerned about bankruptcy in the late 90’s.
It’s not impossible.. it’s a choice of convenience.
BeZos will be rich up to the moment that the Feds break up Amazon using antitrust regulation.
I strongly suspect he is doing exactly what he wants. Right now.
His employees are on food stamps while he spews out social justice propaganda.
Please. Walmart.com is a joke compared to Amazon.
And the Walton heirs aren't exactly the Chick-fil-A owners.
If Amazon expands like he wants it to, he’ll have a fortune many times that size.
I don’t like his politics, but he built his own success.
my son works for Amazon...I didn’t know that they don’t get discounts when they order...also, amazon can sometimes be very very cheap in bonuses....
LOL. I remember when I had more money than brain’s. I didn’t get smarter, I just lost a lot of money. I’ve been a millionaire and I’ve been broke. I don’t care what people tell you about how money doesn’t matter. Being a millionaire is better. Maybe I wasn’t as smart as I thought I was.
Jet.com has good stuff.
$142 billion goes a long way in Seattle.
Not one dime of it has come from me
Q: What can you NOT get when you have $142 billion?
Answer: Hair
Bump.
He could sell off most of it and give away 99% of it and still be wealthier than 99.99% of the people on earth.
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