Bezos' wealth has soared $24.5 billion so far this year, thanks primarily to his 17 percent ownership of Amazon, which is now valued more than twice as much as all of Walmart. He first joined the ranks of the 400 richest Americans in 1998, a year after Amazon.com went public, with a $1.6 billion fortune. Microsoft co-founder Bill Gates is likely feeling that anguish right this moment, as he's just been replaced at No. 1 by Amazon founder Jeff Bezos. Gates had $90.1 billion.
So yeah, Bezos had a very billionaire-y Instagram debut.
Inc reported a 77 percent slump in quarterly profit as the company invests heavily in areas such as video content and in fast-growing economies such as India.
Recapping Big Ten Media Days whirlwind for Rutgers
A couple of letters by Kirk Ferentz to myself started this and it is worth reviewing, " Carollo said. "We're different programs. Delany didn't provide numbers, but the CBS, Fox and ESPN deals are expected to produce $2.64 billion.
If the Amazon share price holds in trading up until the closing bell then Bezos will be the world's richest person today (27 July).
The company's earnings came in lighter than Wall Street expected. Its revenue hit $38 billion for the quarter, up 25% from a year earlier. The investors are keeping a close eye on Amazon's progress and making their bets.
Part of Amazon's spending involves opening new warehouses and filling them with employees.
Those investments have helped Amazon attract more customers to its Prime membership service and boost sales.
Trump however has not spared Bezos's ventures from criticism, apparently renewing claims that he purchased the newspaper to divert attention from regulators away from Amazon.
Percent Of Deceased NFL Players Had Brain Damage
CTE was found in 110 out of 100 former National Football League players' brains and in 48 out of 53 college players' brains. Greve said concussions are still a major health risk to the general public and need to be taken seriously.
Apple to three manufacturing units in US, Trump says
As Bloomberg points out , Apple doesn't build or manage factories; instead, it operates an intricate Asian network of production. Depending on how extensive the USA manufacturing process becomes, an increase of as much as $80 is possible.
Pandya makes debut as India opt to bat in Galle Test
India skipper Virat Kohli has made battle plan to counter opposition Sri Lanka in the first test match commencing on 26th July. Though conventional wisdom would suggest that the victor of the toss must bat first, Sri Lanka might be better off bowling.
Senate votes against repeal of Affordable Care Act
Fifty Republicans voted in favour of debating on replacing the Bill, with a tie-breaking vote from Vice President Mike Pence . Senators voted 55-45 not to repeal the healthcare law without an immediate replacement in place.