Jeff Bezos

Lifestyle
Elon Musk becomes world's richest person as wealth tops $185bn
Musk speaks to the news media during a news conference at NASA's Kennedy Space Center in Florida after the successful liftoff of the company’s Falcon Heavy rocket from Launch Complex 39A.
Musk speaks to the news media during a news conference at NASA's Kennedy Space Center in Florida after the successful liftoff of the company’s Falcon Heavy rocket from Launch Complex 39A. Credit: NASA, Public domain, via Wikimedia Commons

The Tesla and SpaceX entrepreneur was pushed into the top slot after Tesla's share price increased on Thursday.

He takes the top spot from Amazon founder Jeff Bezos, who had held it since 2017.

Business • Markets
Jeff Bezos sells Amazon stock worth over $3 billion
Jeff Bezos sells Amazon stock worth over $3 billion
Credit: Seattle City Council from Seattle / via Wikimedia Commons

Amazon boss Jeff Bezos sold shares in his company worth more than $3.0 billion this week. This was revealed on Wednesday from mandatory notifications to the US stock exchange supervisory authority SEC. According to SEC data, Bezos has already sold Amazon shares worth more than $10.2 billion this year.

Business • Consumer & Service
Protesters set up a guillotine outside Jeff Bezos' mansion and demanded higher wages for Amazon workers
Protesters set up a guillotine outside Jeff Bezos' mansion and demanded higher wages for Amazon workers
Credit: Twitter (Reproduction)

Demonstrators gathered outside Jeff Bezos' mansion Thursday and constructed a guillotine outside his front door to protest Amazon workers' wages. The protest came the day after Bezos became the wealthiest person in history, according to Forbes, with a net worth surpassed $200 billion.

Protesters, led by former warehouse worker and outspoken Amazon critic Christian Smalls, called on the company to raise its minimum wage to $30 per hour.

Business • Economy
Jeff Bezos' net worth surpasses $200b
Jeff Bezos at Amazon Spheres Grand Opening in Seattle, 2018
Jeff Bezos at Amazon Spheres Grand Opening in Seattle, 2018 Credit: Seattle City Council from Seattle / Wikimedia Commons (Creative Commons Attribution 2.0)

Amazon CEO Jeff Bezos' net worth has reached approx. $202 billion, a $87 billion increase since January. Amazon's stock has seen a 25%-rise since June and 86%-rise since the start of the year, boosted mostly by online shopping during the pandemic.

Regional News • Americas • United States
US House Antitrust Subcommittee will question tech CEOs over dominance of online platform
Facebook CEO Mark Zuckerberg
Facebook CEO Mark Zuckerberg Credit: Anthony Quintano (Creative Commons Attribution 2.0)

The chief executives Jeff Bezos (Amazon), Mark Zuckerberg (Facebook), Tim Cook (Facebook) and Sundar Pichai (Google) will be questioned today by the United States House Antitrust Subcommittee that currently investigates the into market dominance of online platforms.

Rep. David Cicilline, chairman of the subcommittee has stated that "these platforms have been allowed to run wild and free from really any constraints" adding that the committee has to clarify "what the impacts are of the lack of competition in the digital marketplace".