Around the Net
Huge Amazon Profits Make Jeff Bezos World's Third-Richest Person
- BBC, Friday, July 29, 2016 8:04 AM
Strong earnings from Amazon and a boost to the company's stock have made its founder, Jeff Bezos, the world's third-richest person, according to Forbes. Forbes estimated his fortune to be $65.3bn (GBP49.5bn). Amazon's revenue beat analysts' expectations, climbing 31% from last year to $30.4bn in Q2. Profit for the e-commerce giant was $857m, compared with $92m in 2015.
