Bezos Wealth Rises $7.9 Billion on Worst Day of Year for Market
This article is for subscribers only.
On a day when the S&P 500 fell the most since October, the world’s richest person got $7.9 billion richer.
Jeff Bezos’s fortune swelled to $124.2 billion Friday as shares of his Amazon.com Inc. surged 7.4%, a day after the largest U.S. e-commerce company stunned investors with a fourth-quarter profit that far exceeded Wall Street estimates. His net worth climbed $9.3 billion through the first month of the year, according to the Bloomberg Billionaires Index.