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Amazon's Bezos tops latest Forbes richest list

Amazon chief executive Jeff Bezos has topped Forbes' list of richest Americans for the third year in a row.

Jeff Bezos, who founded the company in 1994, said 'this was another highly unusual quarter' for Amazon

Amazon posts biggest profit ever at height of pandemic

Amazon.com has tonight posted the biggest profit in its 26-year history as online sales and its lucrative business supporting third-party merchants surged during the coronavirus pandemic.

Business • 30 Jul 20

Bezonomics - a look at the Amazon boss

Brian Dumaine is the author of Bezonomics - a book about Amazon owner Jeff Bezos.

Business • 18 Jun 20

Jeff Bezos' wealth grew over 30% to $147.6 billion in the two months since Covid-19 hit

Facebook, Amazon chiefs see wealth balloon amid Covid

The fortunes of US billionaires rose 15% in the two months since the coronavirus pandemic hit, a study found, with Amazon boss Jeff Bezos and Facebook chief Mark Zuckerberg seeing massive gains.

Business • 22 May 20

Amazon is set to invest heavily during the Covid-19 pandemic

Amazon warns of first quarterly loss in five years

Amazon.com said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for Covid-19.

Business • 01 May 20

Amazon CEO Jeff Bezos is the world's richest person whose worth has been estimated at more than $110 billion

Amazon shares surge on strong earnings update

Amazon shares shot higher on Wall Street last night after the internet colossus released quarterly earnings figures for the fourth quarter that trounced market expectations.

Business • 31 Jan 20

Jeff Bezos pictured with Mohammed bin Salman in 2016

UN report points to Saudi involvement in Bezos hack

United Nations human rights experts have called for an investigation into allegations that the Saudi Arabian Crown Prince was involved in the hacking of Amazon boss Jeff Bezos's phone.

World • 22 Jan 20

Jeff Bezos retains his pole position among the world's billionaires

Amazon founder Bezos cashes in portion of stock

The founder of online retailer Amazon sold shares worth $1.8 billion in the last three days of July.

Business • 01 Aug 19

Amazon pays a price for one-day delivery

Amazon appeared to pay a hefty price for its move to speedy shipping, as the online giant reported profits below expectations as it ramped up for one-day deliveries.

Business • 26 Jul 19

Jeff Bezos unveiled the Blue Moon lander in Washington

Amazon boss joins race to return to the Moon

Amazon boss Jeff Bezos, the richest man in the world and head of space company Blue Origin, has announced plans to participate in the new race to the Moon with a high-tech lander to carry vehicles and equipment.

World • 10 May 19

Jeff and MacKenzie Bezos announced their separation in January

Amazon's Bezos settles biggest divorce deal in history

Amazon founder Jeff Bezos and his ex-wife, MacKenzie, have finalised the biggest divorce settlement in history, leaving him with 75% of their stock in the tech giant and giving her nearly $36 billion in shares.

World • 04 Apr 19

Investigator says Amazon chief's phone hacked by Saudis

The investigator hired to look into the release of intimate images of Jeff Bezos says he has concluded that Saudi Arabian authorities hacked the Amazon chief's phone to access his personal data.

World • 31 Mar 19

Jeff Bezos laughes all the way to the bank as he remains the world's richest person

Bezos, Gates & Buffett still top the world's ultra rich

Jeff Bezos remains the world's richest person, ahead of Bill Gates and Warren Buffett, according to the latest Forbes list of the ultra wealthy.

Business • 06 Mar 19

Jeff Bezos said in his blog: 'If in my position I can't stand up to this kind of extortion, how many people can?'

Amazon's Bezos accuses tabloid of blackmail over photos

Jeff Bezos, chief executive of Amazon.com, has accused the owner of the National Enquirer of trying to blackmail him with the threat of publishing "intimate photos" he allegedly sent to his girlfriend.

World • 08 Feb 19

Amazon's profit jumped 63% from a year ago to $3 billion in the fourth quarter

Amazon's quarterly profit jumps while shares slip

Amazon last night said that its profit in the past quarter surged on strong Christmas retail sales and its soaring cloud computing business.

Business • 01 Feb 19

Jeff and MacKenzie Bezos posted a joint statement on Twitter

World's richest man, Jeff Bezos, and wife to divorce

Amazon founder Jeff Bezos, rated the world's wealthiest person, has announced that he and his wife MacKenzie Bezos were divorcing after a long separation.

News Lens • 09 Jan 19

Jeff Bezos said he will commit $2 billion to helping homeless families and starting pre-schools for low-income communities

Bezos commits $2 billion to help homeless, schools

Jeff Bezos, Amazon.com's founder and the world's richest person, has said he will commit $2 billion to helping homeless families and starting pre-schools for low-income communities.

Business • 14 Sep 18

Amazon boss Jeff Bezos' net worth rose by $64.7bn this year alone

Amazon boss Jeff Bezos launches $2bn homeless fund

The head of the online retail giant, Amazon is launching a $2 billion fund to help homeless families and create a network of non-profit preschools in low-income communities.

News • 13 Sep 18

Amazon's stock price has more than doubled in a year as it grew rapidly in retail and cloud computing

Amazon touches $1 trillion, on pace to overtake Apple

Amazon.com last night briefly joined Apple to become the second $1 trillion publicly listed US company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing.

Business • 05 Sep 18

Amazon quarterly profit jumps 12-fold to $2.5 billion

Amazon last night said its profits in the second quarter jumped 12-fold to $2.5 billion as the online giant saw gains across its range of businesses.

Business • 27 Jul 18

Amazon said sales from its online stores rose 18% from the same time last year to $26.94 billion

Amazon delivers hefty profits, led by web services

Internet giant Amazon last night said its quarterly profit more than doubled on soaring revenue from online commerce and cloud services.

Business • 27 Apr 18

Some analysts believe Donald Trump's dislike of Amazon might be personal against Jeff Bezos (r) rather than business

Why does Donald Trump have a problem with Amazon?

Washington Correspondent Brian O'Donovan examines Donald Trump's recent attacks on online giant Amazon.

World • 31 Mar 18

Amazon CEO Jeff Bezos has been upfront about the company's use of entertainment to drive merchandise sales

Amazon's internal numbers on Prime Video revealed

Amazon.com's top television shows drew more than 5 million people worldwide to its Prime shopping club by early 2017, according to company documents.

Business • 15 Mar 18

Michael O'Leary has an estimated worth of $1.1m

Michael O'Leary makes Forbes rich list for first time

Ryanair chief executive Michael O'Leary has become the country's latest billionaire, edging into 1,999th position on Forbes's latest billionaires list.

Business • 07 Mar 18

The job cuts, rare for the world's largest online retailer, are in the low hundreds, a source has said

Amazon cutting hundreds of Seattle jobs - source

Amazon.com is cutting hundreds of jobs in its consumer business in Seattle in the US, a person familiar with the matter has said.

Business • 13 Feb 18