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In 1Hour Amazon Ceo Jeff Bezos Just Made $7Billion...


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Jeff Bezos, chief executive officer of Amazon.com Inc.

Amazon beat expectations on Thursday after reporting startling quarterly earnings and exceeding revenue estimates.

CEO Jeff Bezos, who owns 83,921,121 shares in the company, made a paper gain of more than $7 billion as shares spiked nearly 18 percent after hours.

The online retailer reported a 26 percent rise in North American sales, year-over-year, with sales of $13.79 billion.

Similarly, Google's stock climbed more than 11 percent last week in extended trading after the company posted quarterly earnings of $6.99 per share on $17.73 billion in revenue. The Google co-founders, Larry Page and Sergey Brin, each racked up about $4 billion that day.

Must be nice.

 

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Amazon is now bigger than Walmart

 

With a more than 18.5% rise in the after-hours session following earnings, Amazon has surpassed Wal-Mart in market cap. • AMZN $WMT

 

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Getty Images
Jeff Bezos, chief executive officer of Amazon.com Inc.

Amazon beat expectations on Thursday after reporting startling quarterly earnings and exceeding revenue estimates.

CEO Jeff Bezos, who owns 83,921,121 shares in the company, made a paper gain of more than $7 billion as shares spiked nearly 18 percent after hours.

The online retailer reported a 26 percent rise in North American sales, year-over-year, with sales of $13.79 billion.

Similarly, Google's stock climbed more than 11 percent last week in extended trading after the company posted quarterly earnings of $6.99 per share on $17.73 billion in revenue. The Google co-founders, Larry Page and Sergey Brin, each racked up about $4 billion that day.

Must be nice.

 

that 7 billion gain is only in theory..

vadiki edo hard cash 7 billion vachinattu kadu kada

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that 7 billion gain is only in theory..

vadiki edo hard cash 7 billion vachinattu kadu kada

 

hmmm yeah if he wants he can sell right now kada :O

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