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Jeff Bezos’ wealth hits all-time record


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One day after stepping down as Amazon CEO, the richest man in the world, Jeff Bezos, got even richer.
Bezos ceded the CEO reins to protege Andy Jassy on Monday. He is still the company’s largest shareholder at 11%.

The world’s richest man reached a record $211 billion net worth Tuesday after Amazon.com shares rose 4.7% after the Pentagon announced it was canceling a cloud-computing contract with rival Microsoft. The contract was approved under former President Donald Trump, who is no fan of Jeff Bezos. The project is now widely expected to go to Amazon, which is a leader in cloud-computing.

The last time anyone in the Bloomberg ranking neared this amount was in January, when Tesla’s Elon Musk briefly hit $210 billion. 

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dynamite

I'm glad he's ok that was a close one :neyde:

Like a poem said by a neydy in red
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Living

Serving Late stage capitalism honey, we love it when people hoard wealth. 

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RudraCNG

Yeah, it's "easier" when the corp you were the CEO of doesn't pay taxes in a lot of countries.

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Sepsami

Someone explain this to me, where is his wealth? Is it the entire sum of his properties, credit and shares?

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Lextyr97

He could literally Venmo me *checks calculator* 0.0047619047619% of his wealth and my entire family would live without any financial stress. That’s 10 million dollars. 

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ItWasntLaauv

I know it’s morally questionable that Jeff Bezos hoards this much money, but when I saw that number, I couldn’t help but think, “wow imagine being that smart to create an empire like that,” it’s honestly kind of a slay. :nooo:

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NewUsername
5 hours ago, ItWasntLaauv said:

I know it’s morally questionable that Jeff Bezos hoards this much money, but when I saw that number, I couldn’t help but think, “wow imagine being that smart to create an empire like that,” it’s honestly kind of a slay. :nooo:

exploiting people, not paying taxes =/= being smart

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