Jeff Bezos Annual Letter

Under founder and CEO Jeff Bezos, Inc. (AMZN) has become a retailing and cloud computing colossus, making him the world’s wealthiest man with a net worth of $151.8 billion, as calculated by Forbes, nearly all of that from his stake in Amazon, now one of the world’s largest companies with a market valueof $910 billion. The stock has risen nearly 6-fold in five years. But Bezos made one thing very clear in his letter to shareholders released today along with Amazon’s annual report: the company’s growth has only begun, and he plans to make Amazon even bigger. All this despite rising calls from critics that Amazon should be broken up due to antitrust concerns.

Leave a Reply

Your email address will not be published. Required fields are marked *