News
Jeff Bezos earns $3.4b in 24 hours
The world’s richest man, Jeff Bezos, has recorded an impressive rise in his net valuation amid strong buying pressures recorded in the world’s biggest eCommerce company, Nairametrics reports.
According to the real-time data retrieved from the Bloomberg Billionaire Index, the 57-year-old American investor earned $3.38b after the close of Tuesday’s trading session, pushing his total net value to $190 billion.
The current wealth valuation of the Amazon founder would buy 101 million troy ounces of gold or 2.63 billion barrels of crude oil at today’s prices.
Prior to MacKenzie Scott’s divorce from the tech billionaire in 2019, Jeff Bezos had 16% of Amazon before a 4% stake was transferred to his ex-wife.
Still, the value of his equity alone at Amazon has soared to about $167b after Amazon Web Services’ operating income recorded impressive growth in recent times with the business generating $13.5b in the year 2020 alone.
-
Entertainment24 hours ago
Chess Master Tunde Onakoya hits 20-hour mark on GWR quest
-
Politics23 hours ago
Yahaya Bello absence stalls EFCC arraignment
-
Crime23 hours ago
Nasarawa man slits Okada rider’s throat, steals bike
-
Politics20 hours ago
Court halts Ganduje’s suspension, restores APC membership
-
Politics24 hours ago
Court refuses to drop N4bn fraud charges against ex-Anambra gov
-
News16 hours ago
Police reportedly arrest two Fubara loyalists in Abuja
-
News15 hours ago
FCCPC shuts popular Abuja supermarket over price irregularities
-
News15 hours ago
Kenya military helicopter crash kills defence chief, senior officers