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Jeff Bezos gets $11B richer after Amazon earnings smash expectations

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Jeff Bezos is poised to get $11 billion richer after Amazon's earnings smashed expectations

, per a filing from June, so will make $11.3 billion if those gains hold up until the closing bell, according to Insider's calculations.after-hours Thursday that showed a surge in online sales lifting its revenue and profits in the three months ending June 30.

Both of those key numbers came in way above Wall Street analysts' expectations, per data from Refinitiv.that's seen investors pile into mega-cap Big Tech stocks. Bezos, who holds a 10% stake in the company he founded in 1994, has seen his wealth jump $47 billion in 2023, according to the

 

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