April 27, 2015
$4.6 billion windfall: CEO Jeff Bezos made higher profit Friday than Amazon
CEO Jeff Bezos may have made one of his best financial decisions in a long time Thursday by revealing the staggering earnings results of Amazon Web Services, the company’s cloud computing businesses.
Bezos’ holding of Amazon (Nasdaq: AMZN) stock is worth $4.65 billion more today than it was 24 hours ago. That’s right — Bezos’ net worth, estimated to be about $34.7 billion by Forbes, increased by more than $4 billion Friday.
Amazon’s stock closed Friday up 14.2 percent to $445.36. The…