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Jeff Bezos Net Worth Surpasses $100B, After Bill Gates

25Nov By RishabhNo Comments

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Jeff Bezos Net Worth Surpasses $100B, After Bill Gates

Jeff Bezos worth surpassed $100 billion! As per the Bloomberg's reports, Amazon Inc founder's net worth has exceeded $100 billion for the first time. As the online retailer's shares jumped more than 2 percent due to sale on Black Friday Amazon, it added $2.4 billion worth to Jeff making it to a total of $100,3 billion. Jeff already surpassed Bill Gates in October as the world's richest man, and became the 53rd person to hit a 12-figure worth after Gates in 1999. As per the Bloomberg Billionaires Index Bezos's net fortune rose $32.6 billion this year through Thursday, the largest increase of anyone on the index. Unlike Gates or Warren Buffet, Bezos has given relatively little of his fortune to charity. Bezos is though planning to focus on philanthropy and asked for ideas on Twi...

Amazon’s Jeff Bezos Unveils New Rocket to Compete With SpaceX

Jeff Bezos on Monday unveiled a heavy-lift reusable rocket expected to compete against Elon Musk's SpaceX and other companies for commercial satellite launches before the end of the decade. Bezos' Kent, Washington-based Blue Origin space company is designing two versions of the rocket, named New Glenn, a nod to John Glenn, the first American to orbit Earth and the last surviving member of NASA's original Mercury Seven astronauts. "New Glenn is designed to launch commercial satellites and to fly humans into space," Bezos, also the founder and chief executive of Amazon.com, said in a statement emailed to Reuters on Monday. Both versions of New Glenn will use a first stage powered by seven methane-burning BE-4 engines. The company is building a launch site and test facility at Cape C...

Jeff Bezos’ Space Company Blue Origin Successfully Re-flies, Lands Rocket

Amazon founder Jeff Bezos' space transportation company, Blue Origin, successfully launched and landed a suborbital rocket for a second time, a key step in its quest to develop reusable boosters, the company said on Friday. The rocket that flew on Friday was the same vehicle that made a successful test launch and landing two months ago, demonstrating reuse, Bezos said in a statement posted on Blue Origin’s website 10 hours after the flight. “I’m a huge fan of rocket-powered vertical landing,” Bezos wrote. “To achieve our vision of millions of people living and working in space, we will need to build very large rocket boosters. And the vertical landing (system) scales extraordinarily well.” Fellow tech titan Elon Musk’s SpaceX in December successfully returned a rocket to a landing pad...