Blog

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.

Read more

Leave a reply