Amazon’s Jeff Bezos Makes Nearly $7 Billion Overnight As His Fortune Grows To Over $120 Billion

by 3 weeks ago
Jeff Bezos, Chairman and founder of Amazon.com and owner of The Washington Post

Getty Image / Drew Angerer / Staff


While you were losing money in your Bitcoin investment this week, Jeff Bezos made a mind-numbing $6.7 billion thanks to Amazon having yet another massively successful quarter.

On Thursday, Bezos made nearly $7 billion after Amazon jumped 6.2% in late trading after the e-commerce behemoth posted fourth-quarter profit and revenue that blew away Wall Street’s expectations. Bezos owns about 78.9 million shares of Amazon, which saw a boost of $85 a share in early Friday trading. If this scenario of Bezos making a ton of money in a mere couple of hours sounds familiar it’s because it’s happened before. Only three months ago, Bezos made $6.6 billion overnight following an earlier Amazon Wall Street-pleasing earnings report. 2018 has been a wonderful year for Bezos and he has already made $17.4 billion in January alone. Amazon has also had a magnificent year as shares were up approximately 19% in 2018.


TAGSAmazonJeff BezosJeff Bezos Net WorthMoneyRichest Person in the Worldwall street

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