Amazon at $1 Trillion Pushes Jeff Bezos's 2018 Gain to $67 Billion

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(Bloomberg) -- Amazon.com Inc. briefly became America’s second trillion-dollar company on Tuesday after adding $434 billion to its market cap this year.

No one has benefited more than founder Jeff Bezos, who has added $67 billion to his fortune this year, giving him a $167 billion net worth on the Bloomberg Billionaires Index as of 12:30 p.m. in New York on Tuesday.

Here are six ways to put that $67 billion gain into context:

It’s more than the entire market capitalization of FedEx Corp.
Bezos’s gain this year alone would make him the seventh-richest person on Earth, ahead of Mexico’s Carlos Slim and Alphabet Inc.’s Larry Page and Sergey Brin.
It’s about the equivalent of Walt Disney Co.’s blockbuster bid for most of the assets of 21st Century Fox Inc.
His wealth has increased by an average of about $8 million an hour in 2018.
It’s roughly 10 times Amazon’s total net income since it went public in 1997.
The 499 other billionaires on the Bloomberg ranking have added a net combined $8.3 billion to their fortunes this year.

https://www.bloombergquint.com/technology/2018/09/04/-1-trillion-amazon-sees-bezos-add-67-billion-to-fortune-in-2018#gs.65a7lmg

[moondust]

1. I'm sure he works

that much harder than everybody else and thus deserves every penny--if not more! All those poor people in the warehouses just need to work a lot harder and they can be like Jeffy someday!

[SammyWinstonJack]

2. [phone]!

[CountAllVotes]

3. Boycott

That's what I've been doing for a long time.

I don't care what their prices are like.

I don't care about their "prime" membership.

I really do not care so I boycott these greedy pigs instead!

[NorCen_CT]

4. That 67 billion dollar gain is enough to give every man, woman and child in Massachusetts $10,000.

[Initech]

5. Madness! Utter fucking madness!

We're getting bled dry and people like Bezos are getting this kind of payday? What's it going to take for us to rise up against these crooks?

[CountAllVotes]

6. Frightening!

I found out the other day that Bezo et al. is buying lots of lands in the Sierra foothills of California.

This is an area where it is extremely hot in the summer and freezing in the winter time.

The infamous Donner Party was stuck in this same region in the horror story that has been told over and over again throughout history.

People I know that moved there recently want to move.

Prices are going up real fast on property there.

Great land if you like lots of clear-cuts and heat.

Why?

Answer: GREED.

[Initech]

7. Allow me to channel Lewis Black for a minute:

WHAT THE FUCK DO YOU NEED $67 BILLION DOLLARS FOR? ARE YOU GOING TO START YOUR OWN SPACE PROGRAM????

[CountAllVotes]

8. Too much isn't it?

I can't grasp any of this but then again, I'm of the lower class. I don't have $ for things like "prime" memberships nor do I buy a new computer every few months.

I'll go so far as to admit that I do not have one of those phones for one reason: I do not want one, that is why.

Bezo can have all of them and I mean that, every last one of them.

This scenario brings new meaning to the word GREED.

How many BMW's does one need exactly?