The Amazon founder and CEO added around $8 billion to his fortune Friday, as the company's stock jumped up more than 7% to close above $2,000, compared to the previous day's close at $1,870
The Amazon founder and CEO added around $8 billion to his fortune Friday, as the company's stock jumped up more than 7% to close above $2,000, compared to the previous day's close at $1,870. On Thursday, Amazon reported earnings for the holiday quarter that blew Wall Street's expectations out of the water, and investors responded accordingly.
Bezos and his wife, MacKenzie Bezos, announced their divorce last January. As part of their divorce settlement, MacKenzie Bezos received 25% of the couple's Amazon stock, according to an April securities filing, giving her a 4% stake in the company.The company's stock also dipped toward the end of 2019, as the company's investments in one-day shipping dragged down profits.But Wall Street analysts seemed encouraged when Amazon reported earnings this week.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jeff Bezos Sued for Defamation by Girlfriend’s BrotherMichael Sanchez, the brother of Jeff Bezos’ girlfriend, sued the Amazon.com founder for defamation, alleging his representatives spread false rumors to news outlets that Mr. Sanchez provided graphic nude photos of Mr. Bezos to the press.
Read more »
Lauren Sanchez's brother is now suing Jeff Bezos for defamation - Business InsiderJeff Bezos' girlfriend's brother is suing the Amazon CEO for defamation, claiming he was falsely accused of providing incriminating photos to the National Enquirer
Read more »
Jeff Bezos and Lauren Sanchez party at LIV in Miami During Super Bowl WeekendJeff Bezos and Lauren Sanchez certainly didn't let her brother's defamation lawsuit spoil their Super Bowl weekend ...
Read more »
Lizzo & Jeff Bezos Snap a Selfie, Matthew & Camila Wear All White & More Celebrities in the Stands at Super Bowl 2020Celebrities flocked to the Hard Rock Stadium on Sunday to watch the San Francisco 49ers take on the Kansas Chiefs
Read more »
Bezos Is $12.8 Billion Richer After Amazon Delivers Strong Holiday SalesAmazon’s founder and CEO has further cemented his position as the world’s richest person.
Read more »