Jeff Bezos' Is $7 Billion Richer After Blowout Results

By MarketWatch Pulse

Amazon.com Inc. co-founder Jeff Bezos is more than $7 billion richer after the e-commerce giant reported blowout second-quarter results. Amazon's stock rocketed $85.59, or 18%, to $567.77 in recent after-hours trade. That means the 83,921,121 shares Bezos owned as of May 14, according to FactSet, is worth $7.18 billion more than it was less than 45 minutes ago. Overall, Amazon's market-capitalization increased by $39.86 billion after Thursday's close.

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