Interestingly, nearly one-third of Bezos’ total wealth was acquired this year, and last month Forbes had declared him the richest man. Meanwhile, the continued growth of Amazon’s market value has made it the second-largest company on earth, next to Apple (AAPL).
Bill Gates, the co-founder of Microsoft (MSFT) is currently lagging behind Bezos by about $55 billion. While Gates settles for the second position, Warren Buffett is in the third position with a net worth of $83 billion.
The continued growth of Amazon’s market value has made it the second-largest company on earth, next to Apple
Amazon employees in Europe have launched a massive strike in protest against what they call poor working conditions at the company’s warehouses. The workers kept away from work Monday when the Prime Day sale was kick-started. They also took this issue to social networking sites like Twitter (TWTR) and appealed to customers to boycott Amazon products until the company takes steps to make its facilities safe places to work.
If the workers have their way, it will be bad news for Amazon because the Prime Day contributes hugely to the company’s annual revenues. Amazon’s stock climbed more than 50% since the beginning of the year and continues in the upward trajectory to brighten Bezos’ fortune further. It gained 1.5% during the regular trading session Monday, moving closer to the $1,840-mark.