Jeff Bezos is on track to become the richest person on the planet.
Amazon.com Inc. shares surged Friday, lifting its founder’s net worth by US$7.8bil (RM33bil) to US$91.3bil (RM387.2bil) as of 10am in New York, according to the Bloomberg Billionaires Index. The stock climbed 10% to US$1,070.59 (RM4,538.77) , after the retailer reported results that beat Wall Street estimates. If the share gains hold through Friday’s close, Bezos will top the index for the first time.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!