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?
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?