Amazon's CEO is now the Second Richest Man- Abbey Winiger

SUMMARY-  Bloomberg' Billionaire Index now shows that Jeff Bezos is the second richest man on earth. The CEO of Amazon is worth $75.2 billion, later shows he added 1.5 billion to his net worth after Amazon stock went up $9billion on Wednesday during stock hours. AGRPY analyst declared that Amazon might be one of the first trillion dollar market cap-companies. In just 2017 alone the company has grown 16% and is only expected to go up as the year continues.  Yesterday Amazon announced that it was buying Souq, an e-commerce giant in the Middle East.


ANALYSIS/SYNTHESIS- Before reading this article I had seen that the billionaire index came out with an updated list. I personally love Amazon and think it is a very strategic and intelligent companies. To think of how large it is now, and it is only expected to grow is insane. This article was written by Jackie Wattles on March 29th, 2017. This article is trust worthy because it is published on CNN, a highly ranked online news service. I hope that Jeff Bezos will use his fortune for good, and spread his wealth with those less fortunate than he.

http://money.cnn.com/2017/03/29/technology/jeff-bezos-richest/index.html