Thanks to his e-commerce platform and on-demand cloud infrastructure business, Jeff Bezos just keeps getting richer.
There’s no love lost between Donald Trump and Jeff Bezos. From the time Trump began his presidential campaign in June 2015, he’s
Trump may have slowed down the Bezos boom, but he hasn’t stopped it entirely. When Trump first took office, the Amazon founder wason The Forbes 400 list of the richest Americans, trailing Microsoft cofounder Bill Gates, who had been the richest person in the country since 1994. But in 2018, Bezos overtook Gates as the wealthiest person in the country — and the world.
The following year, in 2018, Amazon’s retail and service sales reached $207.2 billion, a 29% increase from the previous year, while AWS raked in $25.7 billion for Amazon, a 47% increase. As a result, the company’s stock surged. By the time The Forbes 400 published in October 2018, Bezos had nearly doubled his net worth, makingThe next year, 2019, got off to a rocky start for Bezos.
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