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The Rich Got Richer In 2017… One Trillion Dollars Richer

2017 has been a banner year for the world’s richest individuals. Pumped by a tidal wave of central-bank driven liquidity and corporate buybacks, equity indexes around the world climbed to all-time highs this year – a phenomenon that has disproportionately benefited the world’s wealthiest, particularly the 500 individuals included in Bloomberg’s billionaires index. By the […]


Time Reveals Its “Person Of The Year” Finalists

Time Magazine has released its list of finalists for 2017's "Person of the Year" issue – and what a list it is. After Trump criticized Time for informing him that he was in the running to win "Person of the Year" for the second year in a row – an honor last achieved by former […]


Mapping The Richest People In The World

A few weeks ago, HowMuch.net detailed the richest person on each continent. Today, we take this one step further to show you the richest person in each country, according to Forbes. Source: HowMuch.net First off, Bill Gates is not on our list. Why? Because Jeff Bezos is officially worth more than him. Amazon has made some […]


Jeff Bezos Becomes 2nd Man In History To Amass 12-Figure Fortune

$100,000,000,000…. That is the net worth of Amazon founder (and Washington Post owner) Jeff Bezos after Amazon's shares surged today on optimism over Black Friday. As Bloomberg reports, the $100 billion milestone makes Bezos, 53, the first billionaire to build a 12-figure net worth since 1999, when Microsoft Corp. co-founder Bill Gates hit the mark. Bezos’s fortune […]


Amazon-opoly: Jeff Bezos May Be About To Control $53 Billion In Federal Government Spending

Authored by Brian McNicoll via The Daily Caller, Jeff Bezos spends a lot of time directing the newspaper he owns, The Washington Post, to criticize President Donald Trump in every way imaginable. But for some reason, the federal government cannot stop giving Amazon — the retail empire Bezos also owns — a slew of taxpayer-subsidized […]


Amazon Poses A Serious Threat To Freedom And Free Markets

Authored by Mike Krieger via Liberty Blitzkrieg blog, It wasn’t until earlier this year that I became really concerned about Amazon. Sure, I had warned people previously of the dangers of an oligarch like Jeff Bezos owning a major national newspaper like The Washington Post, and I’d also highlighted Amazon’s creepy $600 million contract with the […]


Friendly Reminder That Jeff Bezos Is Still Trying To Take Over The Universe

Authored by Caitlin Johnstone via Medium.com, Jeff Bezos, currently the wealthiest human being on planet Earth, did not purchase the Washington Post in 2013 because he was expecting newspapers to make a lucrative resurgence. This self-evident fact doesn’t receive enough attention. I will say it again for emphasis: Jeff Bezos, who has used his business […]


Bezos Calls The Top? Sells $1.1 Billion Of Amazon Stock At Record Highs

Is the world’s richest man starting to get a little concerned that his $90 billion fortune in Amazon stock might just be fully valued?  Well, judging by his SEC disclosures from last Friday, Bezos provided investors with roughly 1.1 billion reasons why the answer to that question may be a resounding ‘yes’. As Bloomberg points […]


The Richest Person On Each Continent

With a stock price surge of 13% after Amazon’s most recent quarterly filing, Wall Street analysts were reportedly “shocked” by the company’s rapid growth. The e-commerce juggernaut beat both quarterly revenue and earnings forecasts, and continues to trailblaze with a 34% revenue growth rate. This boded well for the net worth of Amazon founder Jeff Bezos, which […]


Jeff Bezos Surpasses Bill Gates As World’s Richest Person

Thanks to the spike in Amazon’s stock price overnight after blow-out earnings (for AWS), CEO Jeff Bezos has added almost $7 billion to his net worth – pushing him above Microsoft founder Bill Gates to become the world’s richest person… Bezos, 53, has added $18.1 billion to his fortune this year. As Bloomberg reports, Bezos […]


Amazon Soars Above $1,000 After Smashing Expectations

Amazon has done it again, and following a lukewarm second quarter and with Goldman warning not to get too excited going into earnings, Amazon is back to its short-crushing ways, reporting both revenues and EPS which blew away expectations.  In Q3, Amazon reported EPS of 52 cents, beating not only consensus estimates of 4 cents, […]


Pharmacy Stocks Slammed On Signs They May Be Next To Get “Amazon’d”

Pharma stocks tumbled to their lows of the session Thursday afternoon after a double whammy of Trump declaring all out war on the opioid epidemic, but more importantly, the St. Louis Dispatch reporting that Amazon has been quietly acquiring pharmacy licenses in 12 states, suggesting Jeff Bezos is gearing up for a battle with the […]


The Bids Are In: Amazon Offered Up To $7 Billion In Tax Breaks ($140k Per Employee) For Second U.S. HQ

For the past several months, cities all across the country have been competing for the opportunity to host Amazon’s second headquarters which promises $5 billion in capital investment and 50,000 new jobs over a period of time.  And now that the bids are in, we have the opportunity to review some of the staggering tax […]


Amazon Studio Boss Resigns Over Sexual Harassment Scandal

Embattled Amazon Studios head Roy Price – who was suspended by the company last week after a producer claimed Price had repeatedly sexually harassed her – has finally made it official. Variety reports Price officially resigned from Amazon on Tuesday, a decision that was expected by many in the industry. In Price’s absence, Amazon Studios […]


Suspended Amazon Studio Exec Resigns Over Sexual Harassment Allegations

Embattled Amazon Studios head Roy Price – who was suspended by the company last week after a producer claimed Price had repeatedly sexually harassed her – has finally made it official. Variety reports Price officially resigned from Amazon on Tuesday, a decision that was expected by many in the industry. In Price’s absence, Amazon Studios […]