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Amazon's Jeff Bezos beats Bill Gates in new rich list

Amazon founder Jeff Bezos is now worth $150bn (£113bn), according to the Bloomberg Billionaire Index.

Jeff Bezos’s net worth has increased by over $60bn in the last 12 months, which makes him the world’s richest man. 274 more words


Amazon may buy 10% in Future Retail for $600 mn, expand offline retail biz

The move comes days after Walmart acquired a majority stake for $16 billion home-grown e-commerce firm Flipkart at a valuation of around $20 billion.

Looking to expand and consolidate its presence in the Indian offline retail market, American e-commerce giant Amazon is in talks with Kishore Biyani-controlled Future Retail to acquire a 10 per cent stake in it, according to a  393 more words

Amazon Drops As Much As $US53b On Trump Fears, With Tech Leading Wall St Lower

IN BUILDING the field’s greatest publicizing business undertaking association on the past 30 years, Sir Martin Sorrell, tip government on WPP, has weathered match retreats at that point survived a world monetary catastrophe. 207 more words