Elon Musk narrowed the gap on Amazon's Jeff Bezos, the world's richest person, as a tech rally boosted the billionaires.
Jeff Bezos said he’s going to focus more on his space firm, Blue Origin, once he steps down as Amazon CEO. Blue Origin, founded by Bezos in 2000, aims to transform space travel and colonise the solar system. Following a wave of NASA contracts in 2020, Bezos has many projects […]
Amazon founder Jeff Bezos will step down as CEO later this year, the company announced February 2. You might not know that Bezos almost named his wildly successful company “Cadabra.” In August 2020, he became the first person to accumulate a fortune of over $US200 billion. Visit Business Insider’s homepage […]
Amazon CEO will testify before a congressional antitrust committee for the first time on Wednesday, alongside Sundar Pichai, Tim Cook, and Mark Zuckerberg. While experts told Business Insider they expect the questioning to mostly pertain to matters of competition, Bezos will likely be grilled on everything from how Amazon treats […]
Jeff Bezos’ net worth has reached an all-time high of $US171.6 billion, according to Bloomberg. The boost comes after Amazon’s shares hit a new high of $US2,878.70, pushing Bezos’ fortune higher than it was before his divorce from MacKenzie Bezos. She received 25% of the couple’s Amazon shares as part […]
The coronavirus pandemic has roiled global markets, which have whiplashed over the last two months. While the Nasdaq has recovered from the March market meltdown, the S&P 500 and Dow Jones industrial average are still in negative territory year to date. Still, these eight mega-billionaires have seen their net worth […]
Jeff Bezos’ Washington, DC, mansion renovation resulted in $US16,800 in parking tickets on the block over the last three years, according to a report from CBS station WUSA9. Over 560 citations were issued in total, for violations like ignoring no-parking signs or blocking pedestrian pathways. Bezos purchased the home in […]
Tech billionaires are leading the ultra-wealthy in growing their fortunes, according to a UBS report titled “The Billionaire Effect” released on Friday. The Swiss bank found tech tycoons’ wealth grew 3.4% or $US1.3 trillion in 2018, and the number of tech billionaires nearly doubled from 76 to 148 in five […]
Jeff Bezos yesterday lost $US3.4 billion in net worth on Monday, Bloomberg reported. The world’s richest lost 2.1% collectively after a global stock rout made dents in billionaires’ fortunes. The 500 wealthiest lost $US117 billion. Mark Zuckerberg lost $US2.8 billion while Bill Gates lost $US2 billion in net worth. View […]
Jeff Bezos, the founder and CEO of Amazon, and his wife, MacKenzie Bezos, are set to finalise their divorce settlement during the week of July 1. After a 25-year marriage, the couple filed for divorce in January. Bezos, who has a reported net worth of nearly $US157 billion, lives in […]
Amazon.com founder and CEO Jeff Bezos’ net worth has hit $US100 billion. Retail stocks have surged after strong Black Friday sales figures, pushing Amazon stock to record highs and adding $US1.7 billion to Bezos’ fortune. He would be the first person in the modern era with a known fortune of […]
