Bezos Richer Than Ever

Video Credit: Wochit News - Duration: 00:31s - Published
Bezos Richer Than Ever

Bezos Richer Than Ever

The economy is in a depression.

However, Jeff Bezos' net worth has increased.

CNN reports that he's now worth nearly $172 billion, a new record for the world's richest person.

This week, Bezos beat his previous wealth record that he reached prior to his divorce from his ex-wife MacKenzie.

Much of Bezos' wealth is tied to Amazon.

He owns roughly 57 million shares, or 12% of the company.

And its stock has soared 56% year to date.


💡 newsR Knowledge: Other News Mentions

Jeff Bezos Jeff Bezos American engineer, entrepreneur, founder and CEO of, Inc.

Bezos sells Amazon shares worth $3.1 bln [Video]

Bezos sells Amazon shares worth $3.1 bln Jeff Bezos sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:08Published
Bezos Sells $3.1 Billion In Amazon Stock [Video]

Bezos Sells $3.1 Billion In Amazon Stock

Amazon CEO Jeff Bezos sold more than $3.1 billion worth of his company's stock between Monday and Tuesday. Business Insider reports the two-day selling spree surpassed the $2.8 billion worth of Amazon shares he sold through all of 2019. Bezos' latest sales also bring his 2020 total windfall to roughly $7.2 billion. Bezos still holds about 54 million shares, worth about $173 billion as of Wednesday's close.

Credit: Wochit News    Duration: 00:29Published
U.S. lawmakers accuse Big Tech of crushing rivals [Video]

U.S. lawmakers accuse Big Tech of crushing rivals

Google and Facebook took particularly sharp jabs for alleged abuse of their market power from Democrats and Republicans on Wednesday in a much-anticipated congressional hearing that put four of America's most prominent tech CEOs in the hot seat. This report produced by Chris Dignam.

Credit: Reuters - Politics    Duration: 02:19Published
Big tech CEOs testify on companies' practices [Video]

Big tech CEOs testify on companies' practices

Facebook's Mark Zuckerberg, Amazon's Jeff Bezos, Sundar Pichai of Google andTim Cook of Apple are testifying on their companies' practices before Congressin a year-long investigation into market dominance in the industry.

Credit: PA - Press Association STUDIO    Duration: 01:21Published

Amazon (company) Amazon (company) American technology and e-commerce company

Online retail platforms' share in smartphone market increased to 43% during COVID-19 pandemic

The INR 15,000 - INR 20,000 price band contributed the most and reached its highest ever share on Amazon.
Apple to offer bundled services [Video]

Apple to offer bundled services

Apple is reportedly readying a series of subscription bundles that will let customers sign in for several of the iPhone maker's digital services at a lower monthly price. Fred Katayama reports.

Credit: Reuters - Politics    Duration: 01:19Published
Twitch Prime Is Now Prime Gaming With 23 Free Titles [Video]

Twitch Prime Is Now Prime Gaming With 23 Free Titles

Amazon's newly-renamed gaming service will be offering a bunch of new PC titles for free every month, with 23 set for August.

Credit: Cover Video STUDIO    Duration: 00:58Published

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