Business is our main product!

We are responsible for giving you a place to invest and increase your capital!

  • Date of publication: 31 August 2020
  • 1869
  • businessbuysale.com
  • Bezos the Unstoppable: The state of the founder of Amazon approached $ 105 billion

    Synopsis

    Bezos' main rival in the Forbes rating - Bill Gates - spends huge sums on charity, while Bezos prefers to invest in his own space company

    • Share:
Description

Bezos' main rival in the Forbes rating - Bill Gates - spends huge sums on charity, while Bezos prefers to invest in his own space company

The founder of Amazon, Jeff Bezos, whose fortune exceeded $ 100 billion at the end of last year , is making a new record - his fortune increased by $ 1.4 billion on January 9 and approached $ 105 billion for the first time. According to Forbes Real Time, now it is estimated at $ 104 , 4 billion.

The basis of the businessman's condition is the shares of the world's largest Internet retailer, which on January 9 reached a historic high and traded at $ 1246 per share.

This result is natural - Amazon securities are growing steadily, only in 2017 their value increased by 50%, from 800 to 1200 per share. This allowed Bezos to bypass the creator of Microsoft Bill Gates and Warren Buffett's "oracle of Omaha" in the ranking of the world's richest people.

Prospects for Bezos in the new year are also welcome: according to the forecast ofMorgan Stanley, in 2018, Amazon shares will trade at $ 2000 per share. This means that the market capitalization of the Internet giant will exceed $ 1 trillion with an annual sales volume of more than $ 175 billion. 

Bezos founded Amazon in 1994 in his garage in Seattle. Originally it was a store selling books online, but over time, the businessman expanded its range, and in 1997, Gold brought it to an IPO. Then the company's shares were worth $ 18.

In addition to the package of shares of the retailer Bezos belongs to the aerospace Blue Origin, engaged in space travel. The company develops reusable missiles, which, according to Bezos, will transport tourists. Annually, an entrepreneur sells shares of an Internet retailer for $ 1 billion, and invests in Blue Origin. Also the billionaire belongs to The Washington Post, which he bought in 2013 for $ 250 million.

 

Forbes.ru