Tag Archives: Jeff Bezos

Gates, Bezos, Buffett: America’s Three Richest People Are As Wealthy As 50% Of US Households Combined

The Guardian reports:  The three richest people in the US – Bill Gates, Jeff Bezos and Warren Buffett – own as much wealth as the bottom half of the US population, or 160 million people. Analysis of the wealth of America’s richest people found that Gates, Bezos and Buffett were sitting on a combined $248.5bn (£190bn) fortune. The Institute for ...

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Amazon CEO Jeff Bezos Made $10 Billion Today

CNN Money reports: Amazon stock jumped 13.5% on Friday after the company turned in another incredible earnings report — more than a quarter-billion dollars in profit in three months. CEO Jeff Bezos owned nearly 80 million shares in Amazon as of August, according to the most recent available data from FactSet. He made more than $10 billion from the one-day ...

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Jeff Bezos Becomes World’s Richest Person

At least for today. Bloomberg reports: A surge in Amazon.com Inc. shares Thursday morning in advance of the online retailer’s earnings report has propelled founder Jeff Bezos past Bill Gates as the world’s richest person. Shares of the online retailer rose 1.3 percent to $1,065.92 at 10:10 a.m. in New York, giving Bezos a net worth of $90.9 billion, versus ...

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Jeff Bezos On Brink Of Becoming World’s Richest Man

The Guardian reports: Just a few dollars more on the Amazon share price and the world will have a new richest man. Jeff Bezos, the company’s founder, is on the brink of overtaking Bill Gates to become the wealthiest person on the planet. Bezos, 53, has been having a very good year. His net worth has risen by almost $20bn ...

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Amazon To Purchase Whole Foods In $13.7B Deal

CNBC reports: Amazon said Friday it plans to acquire Whole Foods Market for $42 a share, in a deal valued at $13.7 billion. Whole Foods’ John Mackey will remain CEO of the grocery store chain after the deal closes, and the store will continue to operate under the Whole Foods brand. Amazon’s offer represents a 27 percent premium to Whole ...

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Employees Pressure Amazon CEO Jeff Bezos To Block All Advertising From “Hateful And Bigoted” Breitbart

Buzzfeed reports: Inside Amazon, tensions are mounting as employees push management to stop running ads for Amazon products on Breitbart News. On March 22, a group of Amazon employees took issue with the company’s ads on Breitbart in an email to CEO Jeff Bezos and SVP Jeff Blackburn. Entitled “Amazon Must Stop Advertising on Breitbart News,” the email included a ...

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Amazon CEO Jeff Bezos Channels Ellen Ripley [VIDEO]

Get away from her, Amazon! Via Gizmodo: What would you do if you were a billionaire? Elon Musk is trying to get to Mars. Peter Thiel wants to live forever. And Jeff Bezos, well, Amazon CEO Jeff Bezos apparently wants to rule the world in a gigantic robot. At least that’s the impression you might get from the photos and ...

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Jeff Bezos: Fire Donald Trump Into Outer Space

As he does nearly every day, Donald Trump has reacted to a negative news report by declaring that the source is biased and unprofitable. Yesterday he accused Washington Post owner Jeff Bezos of running a tax dodge to benefit Amazon, which Bezos founded. Bezos, conveniently enough, is also owner of the Blue Origin rocket.

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Amazon Founder Jeff Bezos Buys Washington Post For $250M In Cash

From the Washington Post itself: The Washington Post Co. has agreed to sell its flagship newspaper to Amazon.com founder and chief executive Jeffrey P. Bezos, ending the Graham family’s stewardship of one of America’s leading news organizations after four generations. Bezos, whose entrepreneurship has made him one of the world’s richest men, will pay $250 million in cash for The ...

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WASHINGTON: Amazon Founder Jeff Bezos Donates $2.5M To Marriage Equality

Amazon founder Jeff Bezos and his wife have donated $2.5M to help Washington state’s marriage equality movement. With the gift, the couple have doubled the money available to the proponents of Referendum 74, which would legalize same-sex marriage in the state by affirming a law that passed the Legislature this year. Courts or lawmakers have declared gay marriage legal in ...

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Kindle Fails To Spark

Yesterday Amazon’s Jeff Bezos launched Kindle, their new $400 e-reader that he claims will become the iPod of books. Previous e-readers have failed to catch on, but the Kindle, which can hold 200 books, does have some nifty features, including the ability to wirelessly download books, blogs, magazines (Time Magazine: $1.99/mo), and newspapers (New York Times: $13.99/mo.) New content is ...

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