EghtesadOnline: Jeff Bezos sold a million Amazon.com Inc. shares this week for $1.1 billion, according to a U.S. securities filing on Friday. The sale represented 1.3 percent of his holding and leaves Bezos with a 16.4 percent stake in the retailer.
EghtesadOnline: Think billionaires and outer space and three names quickly come to mind: Elon Musk, Jeff Bezos and Richard Branson.
EghtesadOnline: Jeff Bezos’s rise to become the world’s richest person stalled after investors took back $2.1 billion from the Amazon.com Inc. founder’s net worth on Friday.
EghtesadOnline: As Bill Gates and Jeff Bezos jockey for the designation of world’s wealthiest man, the Seattle billionaires are united behind at least one local venture. They’re both investors in a trucking logistics startup that competes with Uber Technologies Inc.
EghtesadOnline: Jeff Bezos made a fortune selling stuff online to American consumers. Now he’s turning to the masses for ideas on how to give some of it back.
EghtesadOnline: Amazon.com Inc. will spend big in the coming months on warehouses, movies, gadgets and growth into India, renewing investor concerns that Chief Executive Officer Jeff Bezos cares more about generating revenue far in the future than turning a profit now.