According to both Forbes and Bloomberg, Amazon stock opened up more than 8% higher Friday morning than Thursday's close, adding almost $7 billion to Bezos' net worth. According to Forbes list of World's Billionaires, Bezos now sits at the top of the richest list with a net worth of a colossal $93.1 billion while Bill Gates lies at the second spot with $90 billion.
The stock soared after the company reported quarterly sales and profit that surpassed analysts' estimates following the U.S. market close on Thursday. That translated to a windfall of more than $10 billion for his own personal share in the company, not a bad take for a single day - and enough to earn him the title of world's richest person. However, Bill Gates remained at the top position thanks to a 7 per cent spike in Microsoft's stock overnight.
Gates has given away nearly 700 million Microsoft shares and US$2.9 billion of cash and other assets since 1996, according to an analysis of his publicly disclosed giving. The spike in the company's stock was boosted by a strong third-quarter report that beat expectations.
Apple iPhone X Repair Pricing: $279 for Display, $549 for Anything Else
The iPhone X is the company's most expensive phone but reports said many customers were waiting for the device. Apple will charge £999 for the entry-level iPhone X model, which ships with 64GB of storage built-in.
Starbucks Just Released a Zombie Frappuccino Right In Time for Halloween
The caramel flavor is especially strong, and it's followed by a tart and tangy apple flavor, delivering on the flavor promised. Starbucks' Zombie Frappuccino appeared in stores across the country Thursday, and reviews are starting to roll in.
Amazon Launches Service That Allows Delivery Drivers To Open Your Front Door
Denver is expected to be among the cities where Amazon starts letting customers give package carriers access to their homes. When a delivery is at your front door, when you are not home, a barcode is scanned sending a request to your Cloud.
His wealth briefly surpassed that of Microsoft Corp.co-founder Bill Gates on an intraday basis on July 27, but Amazon shares ended the day lower, leaving Bezos at No. 2.
Amazon has been on a tear this year.