SoylentNews

takyon [soylentnews.org] writes:

Shares of Amazon rose enough to make Jeff Bezos worth an estimated $100.3 billion [bloomberg.com]:

The Amazon.com Inc. founder's fortune is up $2.4 billion to $100.3 billion, as the online retailer's shares jumped more than 2 percent on optimism for Black Friday sales. Online purchases for the day are up 18.4 percent over last year, according to data from Adobe Analytics, and investors are betting the company will take an outsized share of online spending over the gifting season.

The $100 billion milestone makes Bezos, 53, the first billionaire to build a 12-figure net worth since 1999, when Microsoft Corp. co-founder Bill Gates [bloomberg.com] hit the mark.

Meanwhile, Amazon merchants are scrambling to cheat each other [bloomberg.com] as they peck at Bezos's scraps. Even (e-)books aren't safe [goodereader.com].

Original Submission