Amazon's stock prices surged to an all-time high, marking a significant milestone since July 2021 and adding $3.3 billion to Jeff Bezos' wealth, as reported by Forbes.
On Thursday, the e-commerce giant's shares rose by 2% to $190 per share, bringing it closer to the $2 trillion market capitalization threshold.
Investors are increasingly favoring Amazon due to advancements in artificial intelligence (AI), with analysts predicting that the company's AI-centric AWS division will be a key driver of growth.
Following Bezos' retirement as CEO and Andy Jassy's assumption of the role, Amazon's stock prices experienced a notable decline of up to 60% between mid-2021 and the end of 2022.
At 60 years old, Bezos serves as the executive chairman of Amazon's board and remains its largest shareholder. With the recent uptick in stock prices, his wealth has climbed to $210 billion, making him the second richest person globally, trailing only behind Bernard Arnault, CEO of LVMH.
Bezos is engaged to Lauren Sánchez, a 54-year-old journalist and philanthropist. They reside in Indian Creek Island, Florida, where Bezos recently acquired a third mansion worth $90 million, boasting six bedrooms.
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