Cricket News

Cricket Trending News

Jeff Bezos: Amazon founder is world's new richest man

Jeff Bezos is now world reachest man according to Forbes leaving behind Bill gates. Continue reading to know more about Jeff Bezos.

Thursday, 27 July 2017

/ by Ravi Chaubey
A 2.5% rise in Amazon shares on Thursday means Mr Bezos's wealth has now eclipsed the Microsoft co-founder by $1.4bn, according to Forbes.
Mr Bezos, 53, owns about 17% of the shares in Amazon, whose value has now exceeded $500bn.
Pic:Jeff Bezos(Co Founder of Amazon)
The online retailer reports second quarter results after Wall Street closes on Thursday.
For the first three months of this year Amazon's sales jumped 23% to $35.7bn. The company expects a rise of 16% to 24% for the quarter to June.
Pic:Bill gates(Co Founder of Microsoft)
In recent years Mr Bezos has focused on his Blue Origin space rocket business and the Washington Post newspaper, which he bought in 2013.Soaring technology stocks have fuelled huge growth in the worth of entrepreneurs such as Mr Bezos and Facebook founder Mark Zuckberberg, 33, who is now worth $72.6bn according to Forbes.
Source: BBC World

No comments

Post a Comment

Don't Miss
© 2017 All Rights Reserved
Made With By Infrolic