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Bill Gates back as world's richest person; Amazon's Jeff Bezos slips back to 2nd place

Bill Gates back as world's richest person; Amazon's Jeff Bezos slips back to 2nd place

While most of Bezos's wealth is in Amazon, he also owns the private space firm Blue Origin and the Washington Post newspaper.

Amazon`s Jeff Bezos becomes world`s richest person, replaces Bill Gates

Amazon`s Jeff Bezos becomes world`s richest person, replaces Bill Gates

Amazon CEO Jeff Bezos has become the world’s wealthiest man, surpassing Microsoft co-founder Bill Gates after his shares surged on Thursday.

Blue Origin’s Jeff Bezos receives first Buzz Aldrin Space Innovation Award from Apollo 11 moonwalker

Blue Origin’s Jeff Bezos receives first Buzz Aldrin Space Innovation Award from Apollo 11 moonwalker

Aldrin, 87, established the Apollo 11 Anniversary Gala to commemorate his moon mission, which blasted off at 13:32:00 UTC from Kennedy Space Center 48 years ago on July 16, 1969. 

Narendra Modi in US: Excited to keep investing, growing in India, says Amazon CEO

Narendra Modi in US: Excited to keep investing, growing in India, says Amazon CEO

American online retail giant Amazon, which has committed investments to the tune of USD 5 billion in India, will "keep investing and growing in India", its chief Jeff Bezos has said.

Amazon's Bezos asks for philanthropic ideas, gets plenty

Amazon's Bezos asks for philanthropic ideas, gets plenty

Amazon founder Jeff Bezos is asking for ideas to help the world through philanthropy -- and is getting an earful.

Amazon CEO Bezos asks Twitter followers how to donate his money

The request signalled a shift for Bezos, who has invested in longer-term bets like space exploration and kept quieter about other givings.

Bezos is selling $1 billion of Amazon stock a year to fund rocket venture

Bezos is selling $1 billion of Amazon stock a year to fund rocket venture

Amazon.com founder Jeff Bezos said on Wednesday he is selling about $1 billion worth of the internet retailer`s stock annually to fund his Blue Origin rocket company, which aims to launch paying passengers on 11-minute space rides starting next year.

Amazon replaces Twitter to live stream NFL

Amazon replaces Twitter to live stream NFL

Twitter will not stream the NFL`s Thursday Night Football games this year, instead Amazon will. The Jeff Bezos company won the rights paying $50 million for the deal.

Modi government privately took Amazon to task over insulting flag doormat

Modi government privately took Amazon to task over insulting flag doormat

India`s reaction to an Amazon.com website selling doormats resembling the country`s flag involved an unprecedented public and private offensive against the US company by Prime Minister Narendra Modi`s government.

CEO Jeff Bezos says Amazon backs suit opposing Trump order

CEO Jeff Bezos says Amazon backs suit opposing Trump order

Amazon founder and CEO Jeff Bezos says the Seattle-based company is prepared to support a lawsuit being brought by Washington state's attorney general against President Donald Trump and the administration over Trump's executive order on immigration and refugees.

Eight men own half the world's wealth: Oxfam

Eight men own half the world's wealth: Oxfam

Eight men own the same wealth as half the world's population, a level of inequality which "threatens to pull our societies apart", Oxfam said on Monday ahead of the World Economic Forum opening in Davos.

US firm unveils new rocket design to rival SpaceX's Falcon 9

US firm unveils new rocket design to rival SpaceX's Falcon 9

A SpaceX Falcon 9 stands 230 feet tall and puts out 1.7 million pounds of thrust.

Jeff Bezos world's third-richest, surpasses Warren Buffett: Forbes

Amazon founder and CEO Jeff Bezos has dislodged Warren Buffett as the third-richest person globally with an estimated worth of USD 65.3 billion at Thursday's market close, says Forbes real-time wealth tracker.

Amazon CEO Jeff Bezos to cameo in 'Star Trek Beyond'

Amazon CEO Jeff Bezos to cameo in 'Star Trek Beyond'

The business tycoon, who is big fan of the franchise, will play the role of an alien in the movie.

Amazon to increase investment India to $5 billion: Jeff Bezos

Amazon to increase investment India to $5 billion: Jeff Bezos

Amazon will invest USD 3 billion more in India, in addition to the USD 2 billion announced in 2014, Jeff Bezos said.

Jeff Bezos defends Amazon culture in shareholders note

Jeff Bezos defends Amazon culture in shareholders note

Amazon chief executive and founder Jeff Bezos defended his company`s workplace culture and costly growth strategy in a letter to shareholders made public Tuesday.

Fortune magazine shows Amazon CEO Jeff Bezos as Lord Vishnu; hurts religious sentiments of Hindus

Fortune magazine shows Amazon CEO Jeff Bezos as Lord Vishnu; hurts religious sentiments of Hindus

The Fortune Magazine cover page has shown Amazon CEO Jeff Bezos as a Hindu deity in its January issue.

Top 10 Business Leaders of 2015

Top 10 Business Leaders of 2015

MasterCard's Ajay Banga has been named among the top 10 global business leaders by Fortune magazine, a list that is topped by Nike's Mike Parker.

 

Alibaba boss Jack Ma in bid for Hong Kong newspaper: Bloomberg

Alibaba boss Jack Ma in bid for Hong Kong newspaper: Bloomberg

If the deal goes ahead, Alibaba founder Jack Ma would become the latest Internet tycoon to step in to take over a traditional newspaper.

Amazon.com CEO Bezos up $8 billion, down $3 billion on stock swing

Amazon.com CEO Bezos up $8 billion, down $3 billion on stock swing

Amazon.com founder and Chief Executive Officer Jeff Bezos got a lot richer while he slept on Thursday night, after the company reported its quarterly earnings and its shares rose 20.1 percent.