FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 06 December 2017

Cyber Week Rally Makes Jeff Bezos A $100-Billion Man


-- this post authored by Felix Richter

Following a Thanksgiving-induced rally of Amazon's stock price, the company's founder and CEO Jeff Bezos is now the only living $100-billion man.

Please share this article - Go to very top of page, right hand side, for social media buttons.

According to Bloomberg’s Billionaires Index, Bezos’ net worth amounts to $101 billion after Amazon shares closed at an all-time high of $1,195.83 on Monday.

Bezos’ fortune rose by more than $30 billion in the past year alone, as the company he helped build just keeps on growing. Amazon’s revenue amounted to $117 billion in the first nine months of 2017, up 27 percent from the same period last year. According to some estimates, the Seattle-based online retailer accounted for nearly half of all online sales on Black Friday in the United States, indicating its unchallenged position on top of the e-commerce food chain.

As our chart illustrates, Bezos now leads Bill Gates by more than $10 billion in the global billionaire rankings after having surpassed the Microsoft co-founder turned philanthropist in late July this year.

Infographic: Cyber Week Rally Makes Jeff Bezos a $100-Billion Man | Statista You will find more statistics at Statista.

>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved