May 3, 2019

Jeff Bezos, world’s richest man, is about to get even richer

Posted by in category: futurism

  • When Uber goes public next week, some early investors in the ride-hailing company stand to make handsome profits.
  • Jeff Bezos is among that group — his $3 million stake could be worth $400 million at IPO time.
  • Ousted founder and CEO Travis Kalanick is expected to make nearly $9 billion from his 8.6 percent stake.

The rich keep getting richer. Amazon founder and CEO Jeff Bezos, whose estimated net worth of $157 billion makes him the richest man in the world, is expected to haul in hundreds of millions of dollars from Uber’s anticipated initial public offering next week.

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