4.3 C
New York
Sunday, November 24, 2024
HomeNewsJeff Bezos has already made about $10 billion so far in 2018

Jeff Bezos has already made about $10 billion so far in 2018

Amazon CEO Jeff Bezos, 54, who is currently the world’s richest man, has made $10 billion this year so far, according to the Bloomberg Billionaires Index.

Jeff Bezos’ net worth was $99 billion on New Year’s Day 2018. However within one week, his networth had increased to almost $105 billion, making the Amazon founder and CEO richer than Microsoft co-founder Bill Gates had ever been.

As of the close of the stock market on Friday, Bezos’ net worth hit the $109 billion mark, according to Forbes. In other words, Bezos has made $10 billion so far in 2018—and it’s only 13 days into the new year.

Advertisements
Advertisements

Bezos’ wealth is based mostly on his ownership of Amazon stock. And Amazon shares have climbed steeply in 2018. On Friday, Amazon stock rose by more than 2%, topping $1,305 per share. That’s up from around $1,170 at the start of 2018.

Advertisements

On Friday, he donated $33 million in college scholarships for children of illegal immigrants who have been given permission to stay in the US under the Obama-era Deferred Action for Childhood Arrivals (DACA) program

Advertisements

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisment -

Most Popular

Recent Comments

Onuegbu Chuks Theophilus on Mikel Obi quits Super Eagles
Thomas H. Anderson on Roman Goddess_3
Oladimeji Emmanuel on Obama sends investors to Buhari