Jeff Be­zos’ Net Worth Jumps $10 bil­lion To Make Him The World’s Rich­est Per­son

The Daily News Egypt - - Business -

Jeff Be­zos, founder and CEO of Ama­zon, has be­come the rich­est per­son in the world af­ter Ama­zon’s share prices soared 13.22%, in­creas­ing Be­zos’ net worth by a cool $10 bil­lion.

As well as his wealth from Ama­zon, Jeff Be­zos owns real es­tate worth mil­lions in Seat­tle, Texas and Cal­i­for­nia. In 2000 he founded space tourism com­pany, Blue Ori­gin, which spe­cial­izes in mak­ing re­us­able space rock­ets. He bought the Wash­ing­ton Post for a quar­ter of a bil­lion dol­lars in 2013,and he has funded the build­ing of a clock in Texas, the Clock Of The Long Now, which will show time ac­cu­rately for 10,000 years.

Ama­zon,cur­rently val­ued at $529 bil­lion, is the world’s largest e-com­merce com­pany.It com­pleted its ac­qui­si­tion of souq.com, the Mid­dle East’s lead­ing ecom­merce web­site, for $580 mil­lion in July 2017, and it ac­quired Whole Foods for $13.7 bil­lion in Au­gust.

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