Post-CEO, Jeff Bezos Hits a New All-Time Wealth High at $211 Billion USD

The magic came from his 11 percent ownership of stockin his former company and a series of fortunate events. A reported large deal (roughly $10 billion USD) with the Pentagon involving cloud computing somehow fell through with Microsoft leaving the contract up for grabs. Well, with the open contract, many are expecting the job to go to another big tech giant, one that’s also a leading provider in cloud-computing services — Amazon

This news sent Amazon’s stock price up nearly five percent which meant that with Bezos’s current number of shares, his wealth went up $8.5 billion USD in a single day. This new addition of wealth sees the ex-CEO of Amazon’s total net worth climb to $211 billion USD.

source: by Ambrose Leung

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.