Amazon boss now worth $106 billion!

[AMG Merc]

Just to cheer us all up I've just seen this But is he happy

That's only £78.5 billion - sounds a tad better!

http://www.alphr.com/life-culture/1008153/jeff-bez...

Edited by AMG Merc on Wednesday 10th January 17:54

[matjk]

You might want to check your maths out there !!

[AMG Merc]

matjk said:

You might want to check your maths out there !!

Sorted. A slip of the finger. Thanks

[R8Steve]

Wonder how much GregF40 is worth now?

[Frimley111R]

One Monday, just Monday, not a whole st load of Mondays he made $1.4bn!!!!

[CrouchingWayne]

As the years have gone on I think the quality of sites out there has deteriorated. When searches for things online now inevitably you land on one of a thousand affiliate sites with poor content trying to punt you on to another site where they earn commission.

Amazon has always offered a pretty good user experience, so I'm not surprised they are cleaning up against that backdrop.

[Frimley111R]

Its mostly down to investment. They've spent massively to dominate the market

[Chris Type R]

Frimley111R said:

Its mostly down to investment. They've spent massively to dominate the market

Don't they also benefit from a rising share price and not paying dividends - which funds the investment/growth.

(Tax considerations aside).

[CasioPasio]

This is not directly about Jeff Bezos, but someone who I know bought 20K shares of Amazon around 2001.

Yesterday I was talking to him and he was thinking of liquidating his shares. Lucky Bas....

[greygoose]

Chris Type R said:

Frimley111R said:

Its mostly down to investment. They've spent massively to dominate the market

Don't they also benefit from a rising share price and not paying dividends - which funds the investment/growth.

(Tax considerations aside).

Warren Buffett doesn't pay dividends at Berkshire Hathaway either.

[Mr Overheads]

CasioPasio said:

This is not directly about Jeff Bezos, but someone who I know bought 20K shares of Amazon around 2001.

Yesterday I was talking to him and he was thinking of liquidating his shares. Lucky Bas....

Luck has nothing to do with it.

[joshcowin]

Mr Overheads said:

CasioPasio said:

This is not directly about Jeff Bezos, but someone who I know bought 20K shares of Amazon around 2001.

Yesterday I was talking to him and he was thinking of liquidating his shares. Lucky Bas....

Luck has nothing to do with it.

It does, he speculated and his investment proved to be a good one.

[Birkin1932]

joshcowin said:

It does, he speculated and his investment proved to be a good one.

Then that makes Warren Buffet one lucky guy