There Are Now Three People Worth Over $100 Billion

Bernard Arnault, Europe’s richest person, just joined Jeff Bezos and Bill Gates in the world’s most exclusive wealth club with a fortune of at least $100 billion. Arnault, chairman of LVMH, entered the ranks of centibillionaires Tuesday as the luxury-goods maker climbed 2.9% to a record 368.80 euros a share. His net worth has increased […]

How to Succeed in Business, According to Jeff Bezos

The world’s richest man has some advice for budding entrepreneurs: Never forget about the customer, and feel comfortable with getting things wrong. The founder and CEO of Amazon.com Inc. Jeff Bezos was speaking during a keynote at the company’s re:MARS conference in Las Vegas on June 6 when he was asked to share tips for […]

Jeff Bezos Is Casually Buying Three NYC Condos Worth an Eye-Popping $80 Million

Amazon.com Inc. isn’t setting up a new headquarters in New York City, but Jeff Bezos may be. The tech giant’s chief executive officer is buying three condos at Manhattan’s 212 Fifth Ave. with a total value of about $80 million, the Wall Street Journal reported Tuesday. If the three apartments–a penthouse and two units below […]

Musk to Get Jump on Rival Bezos by Launching His Own SpaceX Satellites

Elon Musk’s SpaceX has made a business out of launching satellites for commercial customers, NASA and the U.S. military. On Wednesday, the company will launch orbital objects of its own in a critical step toward creating a space-based constellation that beams broadband to underserved areas across the globe. It’s a bet Musk is making along […]

Jeff Bezos and Amazon Propose Space-Based Internet Service to Compete With SpaceX and OneWeb

Amazon CEOJeff Bezos is joining the Internet space race. Last month, Amazon filed with the International Telecommunications Union for permission to put 3,236 satellites in low Earth orbit so it could offer Internet service globally. The plan, codenamed Project Kuiper, is similar to those of a number of other companies that are pushing to establish […]

Jeff Bezos’ Investigator Says Saudi Arabia Hacked Amazon CEO’s Phone Before Affair Exposé

The feud between Jeff Bezos and the National Enquirer took another stunning turn over the weekend when a personal investigator for the Amazon.com Inc. chief executive officer accused Saudi Arabia of accessing Bezos’ phone data before the tabloid exposed his extramarital affair. Gavin de Becker, a security consultant for Bezos, made his accusations in a […]

Gates Joins Jeff Bezos in the Ultra-Exclusive Centibillionaire Club

Bloomberg tracks the fortunes of some 2,800 billionaires. Of those, 145 are worth at least $10 billion, making them decabillionaires. Now, the world contains two centibillionaires simultaneously. Microsoft Corp. co-founder Bill Gates, once the world’s richest person, has again eclipsed the $100 billion threshold, joining Amazon.com Inc.’s Jeff Bezos in the exclusive club, according to […]

Jeff Bezos Texts May Have Been Leaked to the National Enquirer by Girlfriend’s Brother

Amazon founder and CEO Jeff Bezos saw his text messages fall into the wrong hands and ultimately sold to the National Enquirer for hundreds of thousands of dollars, according to a new report. The private text messages Bezos sent to his girlfriend Lauren Sanchez were obtained by her brother, Michael Sanchez, and sold to the […]

‘The Everything Store’ Author Brad Stone’s Next Subject Is Amazon CEO Jeff Bezos

Amazon CEO Jeff Bezos will be the subject of a new book. Bloomberg journalist Brad Stone will be focusing on Amazon once again with a new book called Amazon Unbound, according to an Axios report. The book will focus on Bezos and his rise to be the richest person in the world. It’ll evaluate Amazon’s […]

Why Amazon May Pay No Federal Income Taxes This Year

A report that tech behemoth Amazon is unlikely to pay federal income tax for 2018 recently set off a firestorm. How could a company with record U.S. profits for the year avoid paying up while most Americans can’t? The answer is a combination of existing tax rules that have enabled Amazon, and companies like it, […]