This year, from the month of February till May, will be remembered as a golden period for Amazon’s CEO Jeff Bezos and that is because he has acquired $18 billion in just these three months. About just three months ago on February 9th, Amazon’s stock was exchanging at around $482 a share, and On Tuesday, it completed at an untouched high of $703.07.
It is undoubtedly a bright sign for Amazon’s shareholders and the company’s founders; also, being the world’s largest online retailer and a prominent cloud services provider, Amazon now brags a business sector worth $332 billion.
It is true that at the end of the day the winner trophy must go for the company’s founder Jeff who possesses 17.6% of the e-commerce businesses.
That stake is presently justified regardless of an astounding $58 billion while about three months prior, it was worth around $40 billion.
In an outline, Amazon’s CEO Jeff Bezos own stake in Amazon — on paper — has expanded by $18 billion in only three months.
If the earn is estimated in time or day, then it would be about $200 million in a day and $8.3 million in 60 minutes. This short period of achievement is really a remarkable sign not only for Jeff but the other shareholders as well, this has also made a strong trust of value for the company through the global market.