Jeff Bezos Joins Blue Origin's Crew Flying To Space On July 20
Amazon founder Jeff Bezos on June 7 announced himself as a member of his space company Blue Origin's first crewed spaceflight, scheduled for July 20. Bezos stated, "On July 20, I will take that journey with my brother [Mark Bezos]." Besides, the company is also conducting a month-long auction process for a seat aboard the New Shepard rocket, for which the bidding amount has crossed $3-million mark till now.
Tags: Jeff Bezos, Mark Bezos, BLUE ORIGIN, New Shepard Rocket, Space
Courtesy: CNN
Amazon Acquires Hollywood’s MGM Studio For Whopping $8.45 Billion
Amazon on May 26 acquired the Hollywood’s MGM studio for a $8.45 billion deal. Reportedly, the acquisition will help Amazon an edge over rival OTT platforms including Netflix and Disney+. Highlighting the vast catalogue of MGM, Amazon’s Jeff Bezos said, Amazon will reimagine and develop MGM’s deep Intellectual property with the talented pool of people at MGM and Amazon. Recalling MGM-produced James Bond movie, Industrialist Anand Mahindra… read-more
Tags: Amazon, MGM Studio, Hollywood, Netflix, Jeff Bezos
Courtesy: NDTV
Bernard Arnault Becomes World's Richest Person For Short Time-Span
Bernard Arnault, the owner of luxury fashion-brand Louis Vitton Moet Hennesy (LVMH), surpassed Jeff Bezos on May 24 to become the world's richest person for a short time-span. Arnault's net worth stood at $186.3Bn after his personal stake rose by $600Mn, owing to hike in LVMH's share prices. The French tycoon had surpassed Bezos ($186Bn) for the no.1 spot in 2019 also. However, Bezos has clinched the top position again.
Tags: Bernard Arnault, Louis Vitton, Jeff Bezos, Elon Musk
Courtesy: Forbes
"Can't Get To Orbit": Musk Trolls Bezos Over NASA's Contract To SpaceX
SpaceX CEO Elon Musk, through Twitter on April 27, trolled Amazon and space company Blue Origin chief Jeff Bezos, after the latter challenged NASA's contract given to the former. Taking a jibe at Bezos, Musk wrote, "Can't get it up (to orbit) lol", adding more fuel to their space rivalry. The matter got heated when Musk won NASA's contract to build a spacecraft for astronauts ahead of moon mission 2024.
Tags: NASA, SpaceX, Elon Musk, Jeff Bezos, BLUE ORIGIN, Moon Mission 2024, Trolling
Courtesy: The Times of India
2021 Forbes World's Billionaire List The Longest; Amazon's Jeff Bezos Tops The List
Forbes, on April 6, released its annual list of billionaire adding 660 more names this year. The list is the longest in Forbes history with 2,775 billionaires names, starting with Jeff Bezos on top with a net worth of $177 billion. SpaceX CEO Elon Musk ranks second with $151 billion net worth. Notably, eight out of the top 10 people on the list are from the United States.
Tags: Jeff Bezos, Elon Musk, Forbes, Billionaire
Courtesy: CBS News
Gautam Adani Crosses Musk, Bezos With Biggest 2021 Wealth Surge
Indian industrialist Gautam Adani's net worth took a huge leap from $16.2 billion to $50 billion in 2021, according to Bloomberg Billionaires Index. Reportedly, Adani has become 2021's biggest wealth gainer leaving Jeff Bezos and Elon Musk behind. Persistently growing his business, the quiet billionaire has added ports, airports, data centres, and coal mines under his conglomerate. Moreover, barring one, shares of all Adani group stocks… read-more
Tags: Adani Groups, Jeff Bezos, Elon Musk, World's Richest Man
Courtesy: NDTV
Warren Buffet Crosses $100-Bn Mark, Becomes 6th Member In Elite Club
Berkshire Hathaway CEO and renowned philanthropist Warren Buffett became the sixth billionaire to enter the $100-billion club as he added $1.9 billion to his fortune on March 11. Buffett with $100.4 billion wealth, despite donating over $37 billion in past, has now joined Elon Musk, Jeff Bezos and Bill Gates in the club. The increment in Buffett's wealth was reportedly due to government stimulus, central-bank policy, surging equity market and… read-more
Tags: Berkshire Hathaway, Warren Buffett, Elon Musk, Jeff Bezos, Philanthropy
Courtesy: Business Standard
Amazon Brings 50,000 Small Sellers Under Its Hyperlocal Programme
Amazon has brought 50,000 small-scale shops under its flagship hyperlocal programme in less than a year. Eying at catering for the requirements of the nearby customers, the programme saw the participation of retailers from around 450 cities. Besides, Tier-II and Tier-III cities, including Sangli, Osmanabad, Jamnagar, and Tumkur, have made it to the names. Reportedly, over 20,000 retailers participated in the Great Indian Festival 2020.
Tags: Amazon, E-commerce, Retailer, Amazon India, Jeff Bezos
Courtesy: The Financial Express
Jeff Bezos Back As World’s Richest Man; Elon Musk Slips To Number 2
Elon Musk's stint as the world's richest person was reasonably short-lived as Amazon’s Jeff Bezos is now back to the top on the coveted Bloomberg Billionaires Index ranking. Reportedly, Tesla Inc. shares on February 16 plummeted by 2.4% thereby stripping $4.6 billion off of CEO Elon Musk. Consequently, Bezos retrieved his longstanding world number one position as his net worth clocked at $191.2 billion, a whopping $955 million more than the… read-more
Tags: Elon Musk, Tesla, Jeff Bezos, Bloomberg Billionaire Index, World's Richest Man
Courtesy: The Indian Express
Amazon CEO Jeff Bezos To Step Down, Become Executive Chairman
Amazon CEO Jeff Bezos will be stepping down from his post to become the executive chairman. Succeeding Bezos, Amazon’s cloud computing chief Andy Jassy will be the new CEO. Bezos said, “I will… have the time and energy I need to focus on the Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post and my other passions.” Earlier, Amazon made over $100-billion quarterly sales for the first time.
Tags: Jeff Bezos, Amazon, CEO, Andy Jassy
Courtesy: Times of India