Amazon chief Jeff Bezos just got a whole lot richer following the release of the e-commerce giant’s bumper results, but it was a different story for Mark Zuckerberg after Facebook’s numbers disappointed Wall Street.
Shares of Bezos’s Amazon surged 12 per cent to $US2,100 in extended trading in New York, after the company reported fourth-quarter results that smashed Wall Street estimates.
Bezos, already the world’s richest person, added $US13.2 billion ($20 billion) to his fortune in about 15 minutes – which equates to $22.2 million per second. At the current price, his net worth would be about $US129.5 billion, according to the Bloomberg Billionaires Index.
Bezos, 56, owns about 12 per cent of Amazon’s outstanding stock, making up the bulk of his fortune. His ownership of closely held Blue Origin accounts for about $US6.2 billion. The late surge on Thursday added more than $US90 billion to Amazon’s market value, pushing it above $US1 trillion.