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Jeff Bezos is more than $50 billion richer than he was in February
Posted on 6/28/20 at 7:14 pm
Posted on 6/28/20 at 7:14 pm
quote:
As Coronavirus Fears Derail Market Comeback, 10 Billionaires, Including Bezos And China's New Richest Person, Gained $23 Billion In One Week
quote:
Although mounting coronavirus fears halted the rallying stock market this week, some of the world’s wealthiest people still got much richer. In the week spanning Thursday, June 18 through Thursday, June 25—as the S&P 500 remained virtually flat—the fortunes of 10 billionaires soared by $23 billion, as some stocks continue to surge despite widespread economic uncertainty.
The biggest gainer over the past week is no stranger to the title. The world’s richest man, Jeff Bezos, is more than $50 billion richer than he was in February—before coronavirus-fueled uncertainty tanked stocks globally. This week alone, Bezos’ net worth is up $5.6 billion, ending Thursday at $164.5 billion. Shares of Amazon continued their months-long tear this week, rising by 4% and hitting another all-time high on Tuesday, after the firm announced a $2 billion venture capital fund, dubbed the Climate Pledge Fund, to invest in companies that are helping to reduce carbon emissions. Bezos’ ex-wife MacKenzie has also been among the biggest gainers throughout the pandemic, thanks to her roughly 4% stake in Amazon. Her fortune, now $53.9 billion, jumped by $2 billion this week,
Damn
LINK
Posted on 6/28/20 at 7:15 pm to RLDSC FAN
All dem womenz buying up those sexual wellness products
Posted on 6/28/20 at 7:15 pm to RLDSC FAN
Bezos and Bill Gates released covid
Posted on 6/28/20 at 7:17 pm to RLDSC FAN
FAANG (Facebook, Amazon, Apple, Netflix, and Google) stocks are all just on a tear!
These are good companies (Netflix and Facebook are facing real challenges going forward).
But, this momentum trading has been crazy. These FAANG stocks like Tesla are overvalued. It'll come crashing down. I'm not saying like bankruptcy or shite like that. But, a 20-30% drop is coming.
These are good companies (Netflix and Facebook are facing real challenges going forward).
But, this momentum trading has been crazy. These FAANG stocks like Tesla are overvalued. It'll come crashing down. I'm not saying like bankruptcy or shite like that. But, a 20-30% drop is coming.
Posted on 6/28/20 at 7:21 pm to Privateer 2007
Crony Capitalism at its worst. Who would have guessed Bezos would be the big winner from govt shutdowns? Shocked!
Posted on 6/28/20 at 7:22 pm to Privateer 2007
quote:
FAANG
If we're adding Tesla to the mix we need a new acronym.
I suggest FAGTAN
Posted on 6/28/20 at 7:25 pm to RLDSC FAN
Everyone on this site is closer to being a millionaire than Bezos.
Posted on 6/28/20 at 7:28 pm to RLDSC FAN
Libs bitch about the 1 percent, but spoonfeed money to those big time corporations.
Posted on 6/28/20 at 7:34 pm to RLDSC FAN
quote:Bezos and I average being $25 billion richer than we were in February...
Jeff Bezos is more than $50 billion richer than he was in February
Posted on 6/28/20 at 7:37 pm to TexasTiger08
quote:
Libs bitch about the 1 percent, but spoonfeed money to those big time corporations.
Amazon is convenient for me. I don’t give a frick how much money the man makes or what he does with it. I won’t meet him in my lifetime and I won’t work for him in my lifetime. Add that to the fact he’s not giving me any money out of kindness.
Just give me what I need in a timely manner and I’ll pay you for it.
Posted on 6/28/20 at 7:42 pm to RLDSC FAN
If I was that rich I would build the exact set from Legends of the Hidden Temple and pay people to compete all day and I would sit in a recliner with Buffalo Wings and Crawfish and watch.
Posted on 6/28/20 at 8:41 pm to RLDSC FAN
The frick are you going to do with 164.5 billion dollars? Call me a commie but I don’t think one guy needs that much money.
Posted on 6/28/20 at 8:45 pm to RLDSC FAN
I’ve been saying for months that Bezos played a part in the virus. It’s clear as day.
Posted on 6/28/20 at 8:46 pm to Random LSU Hero
quote:
I was that rich I would build the exact set from Legends of the Hidden Temple and pay people to compete all day and I would sit in a recliner with Buffalo Wings and Crawfish and watch.
Silver snakes GOAT
Posted on 6/28/20 at 8:47 pm to red sox fan 13
quote:
The frick are you going to do with 164.5 billion dollars?
Not buy the Lions lol
Posted on 6/28/20 at 11:07 pm to Random LSU Hero
quote:
If I was that rich I would build the exact set from Legends of the Hidden Temple and pay people to compete all day and I would sit in a recliner with Buffalo Wings and Crawfish and watch.
Blue MF'n Barracudas FTW
Posted on 6/28/20 at 11:08 pm to RLDSC FAN
Many people, who have no idea how stock ownership and wealth function, will be crying for him to give it all away involuntarily.
Posted on 6/28/20 at 11:15 pm to stout
Agreed. Why do people think wealth is a finite resource? It’s not like a pizza with a fixed number of slices. The world is better off with him getting richer.
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