Putting Jeff Bezos' Record Fortune In Context

Zero Hedge | 9/7/2018 | Staff
spiderMonkey (Posted by) Level 3
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As Amazon's market capitalization surged yesterday, it became the 3rd company in history to top the trillion-dollar level.

While 3rd (after PetroChina and Apple) is not bad, CEO Jeff Bezos is on his own in first place in terms of global net worth - almost lapping the next richest person. Bezos epic horde is $70 billion more than Bill Gates and almost double that of Warren Buffett.

Worth - Bloomberg - Night - Close - %

Bezos net worth, according to Bloomberg, stands at around $167.7 billion as of last night's close (up $67 billion or almost 70% year-to-date).

Here are six ways to put that $67 billion gain into context (via Bloomberg):

Market - Capitalization - FedEx - Corp

It’s more than the entire market capitalization of FedEx Corp.

Bezos’s gain this year alone would make him the seventh-richest person...
(Excerpt) Read more at: Zero Hedge
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