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Jeff Bezos sells Amazon shares worth $3.1 billion

WorldNews Thursday, 6 August 2020
Jeff Bezos sells Amazon shares worth $3.1 billionNEW DELHI: Amazon.com Inc chief executive officer (CEO) sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday....
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News video: Bezos sells Amazon shares worth $3.1 bln

Bezos sells Amazon shares worth $3.1 bln 01:08

Amazon.com Jeff Bezos sold shares worth $3.1 billion in the e-commerce company in recent days, regulatory filings showed on Wednesday. Fred Katayama reports.

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Amazon (company) Amazon (company) American technology and e-commerce company

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Jeff Bezos Jeff Bezos American engineer, entrepreneur, founder and CEO of Amazon.com, Inc.

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The wealth of 643 of US' richest billionaires rose from $2.95 trillion to $3.8 trillion between March 18 and September 15. This marks a 29% increase over those six months. That's according to a report by the Institute for Policy Studies and Americans for Tax Fairness said. Tesla founder Elon Musk's wealth increased by 273% in the period to $92 billion. Jeff Bezos wealth increased 64.8%, from $113 billion to $182. Mark Zuckerberg's wealth increased from $54 billion to $100.

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Amazon CEO Jeff Bezos topped Forbes' list of richest Americans for the third year in a row, while U.S. President Donald Trump's ranking dropped as the pandemic slammed his office buildings, hotels and resorts, the magazine said Tuesday. Colette Luke has the latest.

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MacKenzie Scott is the richest woman in the world. Scott's net worth is now a staggering $68 billion. According to CNN, Scott has surpassed L'Oréal heiress Francoise Bettencourt Meyer in terms of wealth. Scott was married to Amazon founder Jeff Bezos until their recent divorce. Scott received a quarter of Bezos' Amazon shares in the couple's divorce settlement in 2019. That equated to a 4% stake that was worth more than $35 billion at the time.

Credit: Wochit News    Duration: 00:32Published

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We need India, cannot face global challenges alone: US State Dept Spokesperson [Video]

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India has really emerged on the world stage and has become an important global player, said Spokesperson for US State Department, Morgan Ortagus, adding that US needs India to face the emerging global challenges including China. "We welcome the fact that India is now such an important global player. There are many global challenges that the US faces, we cannot face them alone. We need India, we need the partnership," Ortagus told ANI on October 28 after the successful conclusion of the third 2+2 dialogue between the two countries in New Delhi.

Credit: ANI    Duration: 01:29Published
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After the conclusion of 2+2 dialogue between India and US in New Delhi, the Spokesperson for US State Department, Morgan Ortagus, said the India-US relations go beyond political parties and that the bilateral cooperation between New Delhi and Washington DC will remain important irrespective of the outcome of the upcoming presidential elections. "It's incredibly important for Secretary Pompeo and Secretary Esper to go to India, and have this 2+2 (dialogue). Our relationship between the United States and India has been around for very long time and will be around for decades and much longer in the future. The relationship goes beyond political parties...We believe that the values that bind us together will be important for whoever wins this presidential election," Ortagus told ANI on October 28.

Credit: ANI    Duration: 02:05Published

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