A Post-earnings surge in Amazon.com Inc. shares Friday pushed Jeff Bezos to the top of the Bloomberg Billionaires Index for the first time, vaulting him ahead of Bill Gates who had held the top spot as the richest person on Earth for more than four years.
The founder and chief executive officer of the retail juggernaut added $10.4 billion to his net worth as Amazon shares rose 13 percent, the most in 2 1/2 years, a day after the company reported quarterly sales and profit that surpassed analysts’ estimates.
His wealth briefly eclipsed that of Gates, the Microsoft Corp. co-founder, on an intraday basis on July 27, but Amazon shares ended that day lower, leaving Bezos at No. 2.
No comments
Post a Comment
Got a story for me? call +2348181832983
We'd love read your comment or opinion, so don't read and close.