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Jeff Bezos Is Now The Richest Man In The World With $143B - Business - Nairaland

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Jeff Bezos Is Now The Richest Man In The World With $143B by Ekiti360(m): 8:13am On Jul 17, 2018
Jeff Bezos’s wealth has reached an incredible new milestone.

As of Tuesday, according to a Forbes estimate, the Amazon founder and CEO has a net worth of $143.1 billion—making him at least $50 billion richer than any other person on Earth.

Bezos became the world’s richest man last summer, when his net worth (then around $90 billion) surpassed that of Microsoft founder Bill Gates. Gates, who has given much of his fortune to philanthropic efforts, now has a net worth of about $93.3 billion, Forbes reports.

Like many of the world’s richest people, Jeff Bezos’s net worth is tied directly to his company’s performance in the stock market. Bezos owns roughly 16% of Amazon, and Amazon stock has been soaring. The price of a single share of Amazon is now selling for over $1,700, up from $1,000 as recently as last October.

On Monday, Amazon stock popped roughly 2%, boosting Jeff Bezos’s net worth by another $2.24 billion. All signs indicate that shoppers will go crazy for Amazon Prime Day 2018, the annual blockbuster online sales event. When that happens, investors will probably find new reason to buy more Amazon stock — nudging Jeff Bezos’s net worth even higher.

Amazon Prime Day 2018 is set to stretch out over 36 hours starting on the afternoon of Monday, July 16, and continuing through Tuesday, July 17.

Amazon says that Amazon Prime Day 2018 sales will be bigger than ever, with more than a million deals available worldwide. Amazon Prime Day has been a monster success for Amazon since its inception in 2015, generating huge online sales and spikes in Prime subscriptions alike.

In order to take advantage of Amazon Prime Day deals, you must be a member of Amazon Prime, the subscription program that includes free two-day shipping on most Amazon purchases, plus perks like unlimited video streaming of Prime content.

This year, as Amazon Prime Day 2018 approaches, the cost of Prime is higher than it’s been in the past. Amazon increased the price of monthly Prime subscriptions back in January, from $10.99 to $12.99, and in April the company announced annual Prime membership prices would rise from $99 to $119. (There’s still a free 30-day trial period for new members.)

Amazon says that there are now more than 100 million paid Prime members worldwide, and Amazon Prime Day is always correlated with an increase in memberships. Beyond the hefty revenues generated strictly from Prime membership costs, the big reason Amazon pushes online shoppers to become Prime subscribers is that people tend to buy way more stuff on Amazon after they’ve become Prime members, studies show. Take that as a warning.

http://kikiotolu.com/jeff-bezos-is-now-the-richest-man-in-the-world-with-143b-he-is-50b-richer-than-any-man-on-earth/

22 Likes 2 Shares

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by MANNABBQGRILLS: 8:26am On Jul 17, 2018
God, onto your hand we commit our soul.
Amen.
It's good to have money.
We thank you for how far we have come and where we are going.
#GratefulHeart

138 Likes 9 Shares

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by zanotti: 10:46am On Jul 17, 2018
Hmmm

1 Like

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Loftyboy: 10:46am On Jul 17, 2018
the person ahead of me is a lazy Nigerian youth

13 Likes 2 Shares

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by lonelydora: 10:47am On Jul 17, 2018
In 10 years from now, i will top that Forbes list in Jesus Name! Amen


Click 'Like' if you believe me.

Click 'Share' if you believe me.

Quote me if you believe me

Do nothing if you believe me

88 Likes 8 Shares

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Weareone202: 10:47am On Jul 17, 2018
Na small small we dey move go there

5 Likes 2 Shares

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Johnsown1(m): 10:47am On Jul 17, 2018
I Will surpass him someday

11 Likes 1 Share

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by wildcatter23(m): 10:47am On Jul 17, 2018
shocked
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by LOSKYXANDER: 10:47am On Jul 17, 2018
Overtaking is allowed, them no dey stand for line make money grin

5 Likes

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by AntiWailer: 10:47am On Jul 17, 2018
Na wa ooo
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by adewumiopeyemi(m): 10:47am On Jul 17, 2018
Hunnnm. May God bless our hustle we want to be like him.. cool cool

1 Like

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by dhebz2pon(m): 10:47am On Jul 17, 2018
bless me o lord
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Babatundebaabs(m): 10:48am On Jul 17, 2018
Ok
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by maxiuc(m): 10:48am On Jul 17, 2018
You see the Real owo boy not that Benin Boy

2 Likes

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Cholls(m): 10:48am On Jul 17, 2018
AntiWailer:
Na wa ooo
my brother for watin

11 Likes 1 Share

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by jayfierce(m): 10:48am On Jul 17, 2018
That's good. Few regrets shopping with Amazon.
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Leonbonapart(m): 10:48am On Jul 17, 2018
Vanity
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Nobody: 10:49am On Jul 17, 2018
See him head angry
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by OhiOfIhima: 10:49am On Jul 17, 2018
post=69452333:
God, onto your hand we commit our soul. Wait! You are everywhere. Are you a boss lady?
Amen.
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Nobody: 10:49am On Jul 17, 2018
cool

Do u know that over 70% of world money is not in cash form
Rather Electronic

18 Likes 1 Share

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Ikembasunda1(m): 10:49am On Jul 17, 2018
money making machine

1 Like

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Nobody: 10:49am On Jul 17, 2018
what a milestone and achievement .
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by sundayslim(m): 10:49am On Jul 17, 2018
Real wealth comes with careful and strategic planning, coupled with strong decision making abilities, as evidenced by recent happenings.

Get to work.

8 Likes 2 Shares

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by henrixx(m): 10:49am On Jul 17, 2018
congrats to him. it's not easy to get there

2 Likes 1 Share

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by wildchild1: 10:49am On Jul 17, 2018
100-1000 grin
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by HerrDamilord(m): 10:49am On Jul 17, 2018
.. I was going to say sth really sensible .. Sth I've now forgotten .. Why can't we be allowed to transfer our booked spaces or at worst .. delete them?
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by Auxtin85(m): 10:49am On Jul 17, 2018
God I use this man as a point of contact to reach my life bless me as you have blessed him. Bless the works of my hand

4 Likes

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by eddyslim(m): 10:49am On Jul 17, 2018
God, pls pick my call

1 Like

Re: Jeff Bezos Is Now The Richest Man In The World With $143B by usmanktg2(m): 10:50am On Jul 17, 2018
V
Re: Jeff Bezos Is Now The Richest Man In The World With $143B by MiaB(f): 10:50am On Jul 17, 2018
ok

1 Like

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