Loading...
Home » Life style » Jeff Bezos Is Now The Second Richest Man In World
jeff bezos
Amazon's CEO , Jeff Bezos

Jeff Bezos Is Now The Second Richest Man In World

Shares of Amazon are are up 3.76% in the pre-market trade, which means that overnight the net-worth of Amazon CEO Jeff Bezos grew by approximately $2.8 billion to $81.5 billion.

Check also: Amancio Ortega over comes Bill Gates to become the richest man in the world

The move is in response to Amazon’s huge earnings beat. The retail behemoth reported revenue of $35.71 billion, beating estimates of $35.3 billion. The company also surpassed earnings estimates of non-GAAP earnings per share of $1.07, reporting EPS of $1.48.

Jeff Bezos is the largest shareholder of Amazon, with about 80.9 million shares or 16.93% of total outstanding shares, according to his latest filing on February 16 of this year.

On March 29, Bezos surpassed Amancio Ortega, chairman of Inditex fashion group ($74.1 billion) and Berkshire Hathaway CEO Warren Buffet ($75.5 billion) to become the world’s second richest person.

Now Bezos is on the verge of becoming the wealthiest person in the world. According to the Bloomberg Billionaires Index, Bezos saw his fortune surpass $80 billion for the first time last night.

The only person in the world wealthier than Bezos is Microsoft cofounder Bill Gates, with a net-worth of $87.1 billion. Bezos is just $5.5 billion away from matching Gates.

According to Bloomberg, Bill Gates has been the world’s wealthiest man since 2013.

Source: Business insider

Check also;

This is not a Paywall, but Newslex Point's journalism consumes a lot of time, hard-work and money. That's why we're kindly requesting our readers to support us in anyway they can, for as little as $1 or more, you can support us .

Please use the button below to contribute to Newslex Point, Inc. using a credit card or via PayPal.

Donate Button with Credit Cards

Comments

comments

Loading...

About lukwago J

Posted by LUKWAGO. J: He's a writer, editor, blogger, affiliate and a web developer, he loves thinking creatively and finding new ways to implement different programming ideas.
x

Check Also

women and men okitoi

Okitoi The Broke Lover- Interesting Story

” I don’t know what you see in that small girl that you don’t want ...

Show Buttons
Hide Buttons
Translate »