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Categories: Business

Jeff Bezos, From Amazon, Adds $ 13.2 Billion To His Fortune In 15 Minutes Business

Updated on 01/30/2020 at 18:47

Jeff Bezos has become much richer. Amazon Inc. shares rose 12% to $ 2,100 in extended operations at 4:16 p.m. in New York, after the largest US e-commerce company. report fourth quarter results that exceed Wall Street estimates.

Bezos, who is already the richest person in the world, added $ 13.2 billion to his fortune in about 15 minutes. At the current price, its net worth would be approximately US $ 129.5 billion, according to the Bloomberg Billionaires Index.

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Bezos, 56, owns approximately 12% of Amazon’s outstanding shares, which accounts for most of his fortune. Its Blue Origin property is approximately US $ 6.2 billion.

The sudden increase on Thursday added more than $ 90 billion to Amazon’s market value, pushing it above $ 1 billion.

His ex-wife, MacKenzie Bezos, 49, also has reason to celebrate, as she owns about 4% of the Seattle-based retailer. He started the day as the 24th richest person in the world, with a fortune of US $ 37.1 billion.

Bloomberg’s wealth ranking is officially updated after the close of each trading day in the US, so Amazon’s latest increase, if maintained, will not be reflected until after Friday’s close.

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