Jeff Bezos earns $ 8 billion through a tabloid

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Amazon
founder Jeff Bezos is making headlines this week after the the Wall Street newspaper revealed racy texts of Bezos to his girlfriend were sold by his brother to National Enquirer for $ 200,000. But behind the tabloid drama, the richest man in the world has grown to nearly $ 8.4 billion in seven days, its biggest gain of a week since November 2018, when the record sales of Cyber Monday had boosted Amazon's shares.

In the week leading up to March 21, Amazon's share price rose 7.9%, pushing Bezos' fortune to $ 145.3 billion. That's $ 131 billion at the beginning of February. The 55-year-old CEO holds a 16% stake in the Seattle-based e-commerce giant.

Amazon has recently made some progress in entering the skin care business with the launch of its Belei brand on Wednesday. The 12-item product line includes items priced at $ 40 or less, including charcoal masks and a vitamin C moisturizer, and has been well received by badysts. "It's possible that Amazon will gain over 10% of the beauty market over time," said Stephanie Wissink, an badyst at Jefferies. m said in a note to investors.

A month after Amazon's plans for a second seat in New York came to a halt, financial incentives for its northern Virginia headquarters have been approved by the Arlington County Council. Performance Grant Provides $ 23 Million for Amazon to Work 6 Million Square Feet by 2035. Amazon provides for Invest more than $ 2 billion in Arlington's second head office and create at least 25,000 well-paying jobs over the next 12 years.

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Amazon
Founder Jeff Bezos made the headlines this week after the the Wall Street newspaper revealed that the racy texts of Bezos to his girlfriend had been sold by his brother to National Enquirer for $ 200,000. But behind the tabloid drama, the richest man in the world has grown to nearly $ 8.4 billion in seven days, its biggest gain of a week since November 2018, year when the dizzying sales of Cyber Monday boosted Amazon's shares.

In the week leading up to March 21, Amazon's share price rose 7.9%, pushing Bezos' fortune to $ 145.3 billion. That's $ 131 billion at the beginning of February. The 55-year-old CEO holds a 16% stake in the Seattle-based e-commerce giant.

Amazon has recently made some progress in entering the skin care business with the launch of its Belei brand on Wednesday. The 12-item product line includes items priced at $ 40 or less, including charcoal masks and a vitamin C moisturizer, and has been well received by badysts. "It's possible that Amazon is gradually gaining a 10% market share in the beauty market," Jefferies badyst Stephanie Wissink said in a note to investors.

One month after Amazon's plans to shut down for a second seat in New York, financial incentives for its northern Virginia headquarters have been approved by the Arlington County Council. Performance-based grant provides Amazon with $ 23 million if it occupies 6 million square feet of office space by 2035. Amazon plans to invest more than $ 2 billion in the second largest corporate office Arlington and create at least 25,000 high-paying 12-year jobs.