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Jeff Bezos Net Worth: Amazon Ceo Sees Fortune Boosted During Coronavirus | The Independent
Amazon's CEO and founder was already world's richest person before pandemic boosted his net worth. : Coronavirus has boosted the net worth of American billionaire Jeff Bezos by $24bn (£19bn) as the demand for online shopping sent Amazon’s stock price to an all-time high. The Amazon founder and CEO was already the world’s richest person, but now according to the Bloomberg Billionaires Index, his fortune is worth $138bn (£110bn). On Tuesday, Amazon’s share price climbed 5.3 per cent as consumers ... Full investment news article
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Zombies, In Your Index
By Toroso Investments Late last week, a CNBC interview with Chamath Palihapitiya, CEO of Social Capital, went viral due to his statement that “zombie” companies should be allowed to go bankrupt. His argument was that the companies are owned by “hedge funds in the Hamptons,” – not Main street. The politics of this opinion are [...] The post Zombies, in Your Index appeared first on ETF Trends. Full investment news article