Jeff Bezos Is Nearly $14 Billion Richer As Stocks Post Best Week Since April, Even With Election Undecided

  • 📰 Forbes
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Despite uncertainty around the results of the presidential election, the U.S. stock market had its best week since April, helping some of the world’s richest add billions of dollars to their fortunes.

since April, helping some of the world’s richest add billions of dollars to their fortunes. The market rally has made the world’s richest person, Amazon founder and CEO Jeff Bezos, $13.9 billion richer this week, giving him a net worth of $193.4 billion,Between Friday, October 30 and Friday, November 6, Amazon’s stock jumped over 9%, compared to the tech-heavy Nasdaq, which rallied 9%, the S&P 500, which was up 7.3%, and the Dow Jones Industrial Average, which rose 6.9%.

Facebook CEO Mark Zuckerberg, the world’s fourth richest person, also saw his fortune rise this week. With Facebook’s stock up 11.5% this week, his net worth rose by nearly $11 billion, to $107.7 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Great. Maybe they will start paying taxes.

Jeff’s the man! ⭐️

Let's go Forbes! Let's go Jeff Bezos!

Smart

This 'net worth' obsession is ridiculous, he list $12bill last week when stock markets dipped, they then rebounded this week but in reality his wealth is paper wealth depending on the international markets

Oh no how could he afford to pay his rent with only billions.

Glad I didn’t sell...

Yet the people buying Bezos' stock will complain about how much richer they just made him.

Written by: Al-Mahdi Nasser Muhammad Al-Yamani inasser_mohmmed

Check out my work on Behance - Behance Graphicdesign .

I don’t know that the human brain is equipped to handle that kind of income. I actually think it’s extremely detrimental to mental health abd I’m not even kidding. 14B a week is insanity.

Billions!

Written by: Al-Mahdi Nasser Muhammad Al-Yamani inasser_mohmmed

Those with 401K’s were also helped! No need to outcast the super wealthy, what’s your plot. Get lower and mid class people mad at the rich to start paving the way higher taxes that will be abused as it always is!! ENOUGH stopdividing

Millions wish for financial freedom, but only those that make it a priority have millions. Oscar Auliq-Ice

hi I'm from medellin colombia. I measure 1.85 cms. My shoe size is 44. You can give me clothes, money to buy food for my family. If you want, I will not force you to do it, thank you for being a humanitarian in this covid -19 pandemic

JeffBezos Minister Of Commerce..

It helped some of us poor folks, too.

Oh good I’m glad we could help them out in their times of hardship.

Cryptocurrency will fix this mess.

90% of news about covid and trump

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines