Jeff Bezos Net Worth Hits $100 Billion Mark, Thanks To Black Friday

In doing so, Bezos' own net worth went up as well.

Due to an increase in Amazon's shares by 2.5 percent during Black Friday sales, the Amazon founder could reach a 12-digit figure, quotes The Indian Express.

American entrepreneur, Jeff Bezos, who is the founder and chief executive officer (CEO) of Amazon.com and owner of "The Washington Post", is now worth $100 billion, further securing his title as the world's richest man. The stock got a lift from reports that online shopping on Thanksgiving and Black Friday jumped 18 per cent compared with previous year.

It is reasonable for Bezos' pocket to increase because the citizens in Uncle Sam's country at least spent about $1.5 billion or equivalent to IDR19.9 trillion on Thanksgiving night for Black Friday transactions.

Gates, with a current net worth of $86.8 billion, is estimated to have had a net worth of $150 billion had he not given much of his fortune to charity. Bezos's fortune grew tremendously this year and on Thursday, registered the highest surge, accumulating $32.6 billion to his name as shown on Bloomberg Billionaires Index, the daily ranking of World's 500 richest people. Same goes for Warren Buffet, the USA investor who is the third richest person with $78.9 billion.

Alabama's Largest Mall Closes Early After Thanksgiving Brawl
Additionally, a man in Columbia (Mo.) is being treated for a gunshot wound after being shot in the parking lot of a local mall. A 19-year-old suffered a gunshot wound while in a auto in the parking lot and reportedly faced life-threatening injuries.

Russell Westbrook and Kevin Durant Get In Heated Exchange During Third Quarter
Now, along with rugged center Steven Adams, the Thunder are back to the team they were two years ago again. He finished with 21 points on 8-for-17 shooting. "We didn't play a very smart game".

Nigeria police say at least 20 killed in mosque bombing
The town's name was changed temporarily to Madinatul Islam, or "City of Islam" in Arabic, during the brief Boko Haram occupation. He said, "Today's attack appears to be yet another example of Boko Haram's continued unlawful disregard for human life".

Unlike Gates, Bezos has donated relatively little of his fortune to charity and other philanthropic causes.

But Mr Bezos has to date has not given away any of his wealth, but in June he tweeted that he wanted the help people with his fortune and was looking for ideas for how to share it.

As CNBC reports, Bezos' net worth surpassed $100 billion on Friday.

His goal was to tackle problems "at the intersection of urgent need and lasting impact".

(Copyright © 2015. All Rights Reserved.)
 
Recommended

Expect a sunny and cool Thanksgiving
Happy Thanksgiving! We'll see lots of sunshine today across not only western Mass but throughout much of the northeast today . Grab a jacket! Overnight, those temperatures will fall into the 30s for the Northshore and low to mid 40s on the southshore.

Gone Blonde Selena Gomez's Comeback Performance - Did She Lip-Synch?
I don't care what others say. "But if you are broken, you do not have to stay broken", she concluded. But, thanks to the Internet, that's not even the biggest Selena-related beauty debate now going on.

FCC plans to repeal net neutrality rules for Internet service providers
The Federal Communications Commission is expected to release a new net neutrality rule this week reversing that decision. Comcast said no matter what the FCC decided it would "not block, throttle, or discriminate against lawful content".

DOJ Charges Former Iranian Military Hacker in HBO Data Theft
According to the indictment , Mesri, aka " Skote Vahshat ", engaged in the hack attack in the spring. At the time, HBO said of the extortion scheme, "That's a game we're not going to participate in".

Trump, Putin discuss Syria in lengthy phone call
Noting the length, he said he and Putin spoke "very strongly about bringing peace to Syria" and "very strongly about North Korea".

Federal Bureau of Investigation charges hacker who ransomed HBO and leaked GoT episodes
Included was an image of " Game of Thrones " Night King character, leader of an army of zombies, with the words, "Good luck HBO ". The US Attorney's office in NY has filed charges against an Iranian national accused of hacking HBO's servers earlier this year.

David Cassidy dies at 67
Earlier this year Cassidy revealed that he had been battling dementia - he made the announcement after falling on stage. The song was also used as part of a famously racy series of Levi's commercials for the company's 1996 ad "Elevator".

Scientists say there will be more earthquakes next year
Often times, geologists are limited to historical trends in data to predict the likelihood an quake will occur. They further suggested that these slight changes in the Earth's core may be responsible for this effect.

Panic In Central London After Reports Of Incident Near Busy Shopping Street
Armed police have arrived on the scene to handle the situation after a gunman was reported to be firing shots. Met police officers are urging people in the area to go into a building, or remain inside.

Ghana Joins The World To Mark Anti-gender Violence Campaign
If these statistics don't spur you to take action against violence against women, then one can only wonder what will. She said despite facing many difficulties, women in rural areas like urban areas women knew their rights.

OnePlus Will NOT Support Project Treble Quick Android Update
When it comes to weight OnePlus 5T is slightly heavier than OnePlus 5 with weights being 162 grams and 153 grams respectively. OnePlus 5T and OnePlus 5 also run on the same version of the Android OS (as of now), Android 7.1.1 Nougat.

Russia's ex-finance minister regrets adoption of foreign agent media law
Intelligence agencies have accused the Kremlin of financing and using Russian media organisations to influence voters. The US government forced them to registry as "foreign agents".

Samsung Galaxy S9 & S9+ details and possible renders start to appear
Both models are said to have 64GB of internal storage, a microSD card slot, and yes, even a 3.5mm headphone jack. This, of course, is a big departure from the Galaxy S8/Galaxy S8+, which features a single rear camera.

Mueller looking into Kushner's contacts with Israeli officials
The Washington Post reported earlier this year that Mueller was looking into the Kushner's business dealings and finances. Israeli officials subsequently turned to Donald Trump , requesting he pressure other countries to block the bill.

White House turkeys are 'Drumstick' and 'Wishbone'
Not all those birds were as lucky as Wishbone and Drumstick, whose names were selected by a White House social media poll. Bush and Barack Obama have all participated in the annual tradition.


More News

News
More News