Jeff Bezos adds $13 Billion to his fortune in just 15 minutes
Amazon founder, Jeff Bezos just got a whole lot richer in just 15 minute cementing his position as the richest man in the world.
After an Amazon news release for the fourth quarter revealed that sales went up 21 percent during the holiday quarter on Thursday, the news sent the stock up by about 12% to $2,100 after-hours trading, adding a swift $12.8 billion to Bezos’ fortune in about 15 minutes.
At the current price, the Amazon founder traded places with Bill Gates for the title of the richest person in the World in recent months. He is now worth $128.9 billion, according to the Bloomberg Billionaires Index.
The late surge Thursday also added more than $90 billion to Amazon’s market value, pushing it above $1 trillion.