Jeff Bezos walks away with a $3.38 billion post trading session

What would you buy if you made $3.38 billion in one day?

CEO of Amazon, Jeff Bezos

When the financial markets closed on the 8th of June 2021, Jeff Bezos had gained a whopping $3.38 billion in profit. This has boosted his overall net value to $190 billion.

Despite Bezos parting ways with 4% of his equity in Amazon during his divorce from his wife in 2019, the value of what is left of his equity has increased to $167 billion.

This is credited to Amazon Web Services raking in an impressive net income of $13.5 billion in 2020.

Currently, Jeff Bezos’ net value can purchase about $101 million ounces of gold or $2.63 billion barrels of crude oil.

What would you buy in the financial markets if you had only $3.38 billion of Jeff Bezos’s money?

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Business Stance
Business Stance

Written by Business Stance

Business Stance is dedicated to ensuring that every Nigerian comfortably stays one step ahead with an in-depth view of the global financial markets.

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