This guy boosts fortune by $12bn in a day

A Billion Dollars

This rich guy just keeps seeing increasing in his net worth grow.

Jeff Bezos, the world’s richest person, got a lot richer Thursday.

Bloomberg News reports that the Amazon founder added $12 billion to his fortune as the company’s shares surged 6.3 percent to $1,614 in extended trading at 4:33 p.m. in New York - on top of a 4 percent gain during the regular session - after the retailer reported results that beat Wall Street estimates. That lifted Bezos’s net worth to to $134 billion, according to the Bloomberg Billionaires Index.

It has been a turbulent week for the richest Americans in tech. On Tuesday, Alphabet Inc. spooked investors after first-quarter results sparked concern that the Google parent plans to go on a spending binge, punishing shares of Amazon, Facebook Inc. and Netflix Inc. Bezos lost $4.6 billion that day, and Alphabet’s Larry Page and Sergey Brin each lost $2 billion.

Facebook co-founder Mark Zuckerberg, whose fortune dropped $2.5 billion on Tuesday, got a reprieve Thursday as his wealth increased by $5.8 billion.

Hit the link below to access the complete Bloomberg News article:

Jeff Bezos Boosts Fortune by $12 Billion in a Day on Amazon Surge

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