advertisement
advertisement

Jeff Bezos just made $2.7B in one hour

Amazon‘s quarterly earnings numbers were just reported, and the company beat analyst expectations. The stock is now seeing a huge surge in after-hours trading. It’s been hovering close to a 4% increase for quite a while now.  Doing quick back-of-napkin arithmetic, I looked at how much Jeff Bezos‘s 80.9 million Amazon shares were worth when … Continue reading “Jeff Bezos just made $2.7B in one hour”

advertisement
advertisement

Amazon‘s quarterly earnings numbers were just reported, and the company beat analyst expectations. The stock is now seeing a huge surge in after-hours trading. It’s been hovering close to a 4% increase for quite a while now. 

advertisement

Doing quick back-of-napkin arithmetic, I looked at how much Jeff Bezos‘s 80.9 million Amazon shares were worth when markets closed ($918.38/share) compared to what the price is now at 5 p.m. ET ($952/share). In these 60 minutes alone the Amazon founder made a jaw-dropping $2.7 billion. 

About the author

Cale is a Brooklyn-based reporter. He writes about many things.

More