Jeff Bezos is the richest man in the world after the Amazon shares jump




Amazon shares jump after earnings

Amazon, Intel, Microsoft, and Google, all crushed earnings yesterday, but Amazon is the winner with the surge in shares to $1056 from$ 980. (Update now $1077)

Bezos was briefly the richest man in the world earlier this year, but an intraday reversal of the AMZN meant that it only lasted for a few hours — so he went out and bought Whole Foods.

During this time, shares of Microsoft are up nearly 9%. Bill Gates, once the property of 24% of the company, which would make him a value of about $160 billion, but it has given away and sold almost all of them, so it’s only worth $88.0 B-billion dollars, which places it slightly below the Bezos now.



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