Mr. Bezos’ fortune rose as Amazon.com shares increased 6.6 percent this year. The company had a successful shopping season during the five weeks after Thanksgiving in the U.S., the report states. Compared to other dominant retailers, Amazon captured 89 percent of online spending during the five-week period.
January’s stock increase boosted Mr. Bezos’ net worth above the high Microsoft Corp.’s Bill Gates attained in 1999. Today, Mr. Gates’ net worth would total more than $150 billion, however he has given away nearly 700 million Microsoft shares and $2.9 billion in cash and other assets, Bloomberg Technology reports.
More articles on business:
Intel CEO’s $39M stock sale raises questions, analysts say
Westinghouse close to sale for $4.6B
Boeing drives nearly 20% of Dow’s gains over past year
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit