How Jeff Bezos Made $13.5 billion in just 15 minutes


Jeff Bezos made $13.5 billion in just 15 minutes on Thursday, January 30, 2020, to increase his estimated net worth from $116 billion to $129.5 billion within a day.

The 56-year-old founder of Amazon enjoyed this windfall after Amazon's stock jumped by 12% during trading on Thursday, January 30, 2020, in the New York stock market. The company reported earnings per share of $6.47, as against expectations of $4.04.

He is currently the richest man in the world ahead of Microsoft founder Bill Gates who has an estimated net worth of $113 billion.

The net worth of Jeff Bezos is rooted in his over 12% ownership of Amazon stock. He also has investments in aerospace firm Blue Origin and the Washington Post newspaper. 

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