Tuesday, December 26, 2017

Amazon's Jeff Bezos now worth $100 Billion+

Bloomberg; ; Seth Auberon, CC Liu (eds.), Wisdom Quarterly

Jeff Bezos Revealed: Building Amazon One Box at a Time
(Bloomberg, Jan. 2017) "Bloomberg Game Changers" profiles Amazon.com, Inc. founder Jeff Bezos. This program explores the story behind the founder of Amazon, the world's most successful online retailer, and examines key moments in his life.
Bloomberg TV offers extensive coverage and analysis of int'l business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value, and education levels. With production hubs in London, NY, and Hong Kong, the network provides 24-hour continuous coverage of the people, companies, and ideas that move the markets.

Report on inequality finds 3 richest American men wealthier than bottom half
 h05 richest men(Nov. 9, 2017) A new report on U.S. inequality finds the nation’s wealthiest three men hold more wealth than the bottom half of Americans -- more than 160 million people.

The report from the Institute for Policy Studies, titled “Billionaire Bonanza 2017,” finds Bill Gates, Jeff Bezos, and Warren Buffett hold a combined $248.5 billion, while the lowest 20 percent of U.S. households hold zero or negative wealth.

We idolize Bezos and want his bucks!
The report’s authors -- Chuck Collins and Josh Hoxie -- warn, “Over recent decades, an incredibly disproportionate share of America’s income and wealth gains has flowed to the top of our economic spectrum.”

The findings come as Senate Republicans prepare to unveil their plan to cut taxes -- a bill that’s expected to balloon the national debt while slashing taxes on corporations and inherited wealth, showering most of its benefits on the wealthiest Americans. More

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