scorecard
  1. Home
  2. tech
  3. Jeff Bezos just made $18 billion in 3 months

Jeff Bezos just made $18 billion in 3 months

Jeff Bezos just made $18 billion in 3 months
Tech1 min read

Jeff Bezos

REUTERS/Rick Wilking

Amazon CEO Jeff Bezos

Amazon CEO Jeff Bezos has had a nice three months.

On Feburary 9, three months ago, Amazon's stock was trading at around $482 a share.

On Tuesday, it finished at an all-time high of $703.07.

That's a nice increase for Amazon investors, and for the company itself, which now boasts a market cap of roughly $332 billion.

But the biggest winner is undoubtedly Bezos, the company's founder, who owns 17.6% of the e-commerce company.

That stake is now worth a whopping $58 billion. Three months ago it was worth around $40 billion.

So to recap, Bezos' personal stake in Amazon - on paper - has increased by $18 billion in just three months.

That's a bump of roughly $200 million every day. $8.3 million an hour.

Any questions?

Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions.

NOW WATCH: Virtual reality could help the stock market reach all-time highs in 2016 and 2017

READ MORE ARTICLES ON


Advertisement

Advertisement