The New Exchange / Jeff Bezos just made $6 billion in 20 minutes

**Posted by Common Sense** 4/28/2016 7:34 pm

Jeff Bezos just made $6 billion in 20 minutes

Not a bad afternoon's work. The Amazon CEO saw his 82.9 million shares increase in value by $6 billion as the company's shares jumped over 10% in after-hours trading on earnings results that beat expectations.

Last edited by Common Sense (4/28/2016 7:34 pm)

**Posted by tennyson** 4/28/2016 9:35 pm

Good, now maybe with that $$ he can pour more money into making us a Fusion Reactor.

The secretive billionaire-backed plans to harness Fusion

http://www.bbc.com/future/story/20160428-the-secretive-billionaire-backed-plans-to-harness-fusion

BTW, IF he does he will rake in MUCH MORE than $6 Billion (it will be chump change)

**Posted by TheLagerLad** 4/30/2016 6:32 pm

The one thing I like about Bezos is when he was interviewed on 60 Minutes, he acknowledged that one day some other company would put Amazon out of business.

He said that someone eventually come along with a better way to serve his customers better than he can.

It's a great message to all of us who believe in natural evolution.

**Posted by TraderJay** 5/26/2016 12:17 pm

Obscene and disgusting.
It makes no sense that profits are $513 million in 3 months, and he collects $6 billion in ten minutes. There seems to be zero correlation between profits and stock value.

**Posted by tennyson** 5/26/2016 3:28 pm

TraderJay wrote:
Obscene and disgusting.
It makes no sense that profits are $513 million in 3 months, and he collects $6 billion in ten minutes. There seems to be zero correlation between profits and stock value.

Actually he collected NOTHING until he sells.

Same thing true with all the other millions of shareholders in Amazon.

Last edited by tennyson (5/26/2016 3:29 pm)