Friday, March 31, 2017

Report: Jeff Bezos Now Second Wealthiest In World

Jeff Bezos
Amazon’s amazing 46 percent run-up in its stock price over the last 12 months pushed founder Jeff Bezos’ wealth to $75.6 billion as of Thursday — inching his net worth ahead of Warren Buffet and Amancio Ortega Gaona, the founder of the Zara apparel chain and making him the second wealthiest person in the world.

Only Bill Gates, the Microsoft co-founder, with a net worth of $86.1 billion, is richer.

Such large numbers are hard, at times, to comprehend.

So to help put Bezos’ buying power in perspective, consider that if he really wanted to go on a buying spree, The NY Post reports the 53-year old entrepreneur could:
  • Buy all 32 NFL teams, from the $4.2 billion Dallas Cowboys down to the $1.5 billion Buffalo Bills — and still have $770 million left over.
  • If football isn’t his thing, Bezos could buy every NBA team and every NHL team — and still have nearly $20 billion left over.
  • If sports isn’t his thing, Bezos could go out shopping and pick up Tesla — not a single car, but the entire company. And to hedge his bet, he could also buy oil refiner Marathon Petroleum. That jingling sound in his pockets, that the $2 billion he’d have left over.

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