3 replies to this topic

[Rogerdodger]

I think today's gap up puts Jeff into orbit with Bill Gates!

BEZOS WITHIN $5B OF WORLD'S RICHEST!

 

Amazon Extends Growth Streak, Unfazed by Lavish Spending

 

A surge in after hours trading for Amazon.com Inc. added $3.3 billion to the fortune of Jeff Bezos, putting him less than $5 billion away from becoming the world’s richest person.

Bezos saw his fortune surpass $80 billion for the first time, according to the Bloomberg Billionaires Index. The 53-year old has added $65.2 billion to his net worth since the index debuted in March 2012 and ended Thursday with a net worth of $79 billion. His net worth will surpass $80 billion on the index for the first time if the gains hold Friday.

 

Edited by Rogerdodger, 28 April 2017 - 08:56 AM.

[OEXCHAOS]

A lot of people eventually saw that Amazon was going to be a big winner, but I wonder how many held for the long haul...

 

I suspect very few.

 

Mark

[arbman]

Amazon has always had the first mover advantage, but also kept up the innovation very well over the years. They turned their initial sales engine for their inventory to a marketplace engine for anyone's inventory. It's an operating system for multi-vendor sales management that collects commissions basically, like Microsoft offers O/S for (almost) any computer. I believe Google still has a shot as a competitor only because Google also handles massive amount of data and is the most used search engine, offering vendor services...

Edited by arbman, 30 April 2017 - 06:13 AM.

[dasein]

and BABA?