--- title: This CEO Made $6 Billion in 20 Minutes Thursday description: On the heels of a positive earnings report, Amazon CEO Jeff Bezos saw his net worth jump by $6 billion in the span of 20 minutes. authors: - name: Kerry Close url: https://money.com/author/kerry-close/ at_money_since: 2016 articles: 182 covers: - Business - Banking - Career Advice - Credit Cards - Economy and Politics - Education - Housing - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/kerryclose former_staff: true published: '2016-04-29T14:53:49.000Z' modified: '2024-02-23T09:23:34.000Z' section: Business tags: - Amazon - Billionaires - Earnings report - Jeff Bezos - pubdesk word_count: 318 canonical: https://money.com/amazon-ceo-jeff-bezos-net-worth/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Jeff Bezos made $6 billion Thursday after a strong earnings report from Amazon.](https://img.money.com/2016/04/jeff-bezos-amazon.jpg) *Jeff Bezos made $6 billion Thursday after a strong earnings report from Amazon.* If you think you had a good day Thursday, but Amazon CEO Jeff Bezos had a *really good* Thursday: His net worth rose $6 billion in the span of just 20 minutes. On the heels of a stellar Amazon earnings report, the tech giant executive saw the value of his 82.9 million shares in the company increase by more than 10% in after-hours trading, [*Fast Company* reported](https://news.fastcompany.com/jeff-bezos-just-made-6-billion-in-20-minutes-4005181). The jump made Bezos the fifth-richest man in the world, with a net worth of [$53.7 billion](http://www.bloomberg.com/billionaires/2016-04-28/aaa). For a brief time Thursday, his net worth increased as high as $60 billion, surpassing Mexican business magnate Carlos Slim, who lost nearly $3.5 billion that afternoon, [*Vanity Fair* reported](http://www.vanityfair.com/news/2016/04/amazon-jeff-bezos-6-billion-net-worth). Bezos—along with fellow ultra-rich businessmen Slim, Mark Zuckerberg and the Koch brothers—have been swapping spots in the billionaire rankings for the past several months. Their flip-flopping is likely a result of fluctuations in the broader stock market, in particular with volatile tech company earnings. (Not every big tech player has been as hot as Amazon and Facebook: Apple, Google, Intel, and Microsoft all reported lackluster quarters). Earlier this year, Facebook CEO Zuckerberg also saw his net worth jump by $6 billion in a day, as his company reported fourth-quarter earnings that far exceeded analyst expectations. The increase allowed him to leap over the Koch brothers, whose fortune remains tied to the flagging oil market, and Bezos, whose company saw less impressive earnings that quarter, into the fourth-place spot. ***Calculate:*** [What is my current net worth?](http://test1.calcxml.com/calculators/embedCalcLoader?skn=570&calc=bud07) Now, Amazon's impressive earnings have catapulted Bezos ahead of the Kochs and Zuckerberg, though as of Friday morning, Bezos is back to trailing behind Slim in terms of net worth. Amazon reported a fourth-straight profit-grossing quarter this week, with [revenue up 28% from last year](http://finance.yahoo.com/news/amazon-amzn-q1-2016-earnings-web-services-crushes-200632070.html). The company's success can be in part attributed to its profitable cloud computing business, which has become essential for companies like Netflix that host their computing power on Amazon's servers. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/amazon-ceo-jeff-bezos-net-worth/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Business", "item": "https://money.com/business/" }, { "@type": "ListItem", "position": 3, "name": "Entrepreneurship", "item": "https://money.com/entrepreneurship/" }, { "@type": "ListItem", "position": 4, "name": "This CEO Made $6 Billion in 20 Minutes Thursday" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/amazon-ceo-jeff-bezos-net-worth/#webpage", "url": "https://money.com/amazon-ceo-jeff-bezos-net-worth/", "name": "This CEO Made $6 Billion in 20 Minutes Thursday", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2016-04-29T14:53:49.000Z", "mainEntity": { "@id": "https://money.com/amazon-ceo-jeff-bezos-net-worth/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/amazon-ceo-jeff-bezos-net-worth/#breadcrumb" }, "dateModified": "2024-02-23T09:23:34.000Z" }, { "@type": "Article", "headline": "This CEO Made $6 Billion in 20 Minutes Thursday", "articleSection": "Business", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2016/04/jeff-bezos-amazon.jpg", "width": 5472, "height": 3648, "caption": "Jeff-Bezos-Amazon" } ], "author": [ { "@type": "Person", "name": "Kerry Close", "url": "https://money.com/author/kerry-close/", "@id": "https://money.com/author/kerry-close/#author", "sameAs": [ "https://x.com/kerryclose" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2016-04-29T14:53:49.000Z", "description": "On the heels of a positive earnings report, Amazon CEO Jeff Bezos saw his net worth jump by $6 billion in the span of 20 minutes.", "abstract": "On the heels of a positive earnings report, Amazon CEO Jeff Bezos saw his net worth jump by $6 billion in the span of 20 minutes.", "@id": "https://money.com/amazon-ceo-jeff-bezos-net-worth/", "inLanguage": "en-US", "dateModified": "2024-02-23T09:23:34.000Z", "wordCount": 318, "keywords": [ "Amazon", "Billionaires", "Earnings report", "Jeff Bezos", "pubdesk" ], "about": [ { "@type": "Thing", "name": "Business", "sameAs": [ "https://en.wikipedia.org/wiki/Business" ] }, { "@type": "Thing", "name": "Entrepreneurship", "sameAs": [ "https://en.wikipedia.org/wiki/Entrepreneurship" ] } ] } ] } ```