Author Topic: Amazon CEO Jeff Bezos is now worth $100B thanks to Black Friday boom  (Read 649 times)

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Offline Right_in_Virginia

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Amazon CEO Jeff Bezos is now worth $100B thanks to Black Friday boom
NBC News, Nov 25, 2017, Yelena Dzhanova

Amazon CEO Jeff Bezos has reached a net worth of $100 billion — it's enough this holiday to buy over half a billion Echo speakers or pay the yearly subscriptions of more than 670 million Amazon Music Unlimited accounts.

The online retail mogul this week surpassed Bill Gates on the Bloomberg Billionaires Index, advancing almost $11 billion past the Microsoft co-founder. He can thank Black Friday sales for helping Amazon shares to jump more than 2 percent and online holiday sales to increase by more than 18 percent since last year, Bloomberg reported.

The 53-year-old businessman is the first person to reach a net worth of over $100 billion since Gates in 1999, according to Bloomberg. Gates was the world's richest person prior to Bezos' climb and is now worth almost $90 billion.


More: https://www.nbcnews.com/business/business-news/amazon-ceo-jeff-bezos-now-worth-100b-thanks-black-friday-n823911