Economy

Black Friday Sales Push Amazon's Bezos To Net Worth Of $100 Billion

Black Friday Sales Push Amazon's Bezos To Net Worth Of $100 Billion

The founder of the world's largest e-commerce company made almost Dollars 2.4 billion on Friday alone.

When the financial markets opened on July 27, 2017, the 53-year-old briefly surpassed Bill Gates on the Forbes list of billionaires to become the world's richest person, with an estimated net worth of just over $90 billion.

While the top spot has seen a Gates vs Bezos contest, for some time, Gates' charity initiative in which he gave away 5 per cent of his net worth (roughly $4.6 billion) in August, made it easier for Bezos to surpass him. That put him ahead of Microsoft co-founder Bill Gates, who had held the position since May 2013.

Liverpool's Egyptian winger Salah has something to prove against Chelsea
Obviously it was hard in these times to come in the [Chelsea] team, they had already a fantastic offensive team. Chelsea wing-back Victor Moses is available following a six-week absence with a hamstring injury.

Online purchases for the day are up 18.4 percent over previous year, according to data from Adobe Analytics, and investors are betting the company will take an outsized share of online spending over the gifting season.

Gates, who now has a net worth of $86.8 billion, is estimated to have had a net worth of $150 billion had he not given so much of his fortune to charity.

Bezos hasn't given or pledged as much to charity as his billionaire contemporaries like Gates or Warren Buffett. Bezos' fortune now sits at $100.3 billion, up $2.4 billion following a 2 percent increase in Amazon's shares.

Patrick Beverley To Miss Rest Of Season
Beverley returned to the court Monday against the New York Knicks after missing the previous five games. Williams should also see more minutes with such massive holes in the guard rotation.

He tweeted a request for ideas about how to help people in June of this year, and since 2002 he has given away Amazon shares totalling about $500 million (£374m) at current prices.

The Amazon CEO is also the owner of space exploration company, Blue Origin, which has an implied value between $1 billion and $12 billion.

This year alone, Bezos' fortune has increased by $32.6 billion - more than anyone else on the Bloomberg Billionaire Index.

Women of 'SNL' sign statement supporting Al Franken
Al Franken (D-Minn.), a former writer and star of the show on November 18, as he faces sexual misconduct allegations. It was shameful when Fox News hosts did this for Roger Ailes and this letter, at this time, is highly inappropriate.


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