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In fact, I predict one day Amazon will fail. Amazon will go bankrupt, said Jeff Bezos HIGHLIGHTS Amazon recently announced it would build 2 new headquarters in the US. Prior to the announcement, Jeff Bezos had a meeting with employees at Amazon’s Seattle headquarters At the meeting on last Thursday, Bezos talked about the company's future. Earlier this week, Amazon announced that it would build its headquarters in New York's Long Island City area and the Virginia suburbs of Washington DC. But just before the company announced its multi-million dollar projects that is bound to bring more than 25,000 jobs in both the cities, Amazon founder Jeff Bezos had a separate meeting with his employees at the company's headquarters in Seattle where he was asked some tough questions about the company's direction going forward. In the meeting that took place last Thursday, a Amazon employee asked Bezos about the company's future. The employee, as  CNBC...

Gain in his net worth more than FedEx’s market capitalization Amazon briefly became America’s second trillion-dollar company Jeff Bezos   Photographer: Matthew Staver/Bloomberg SHARE THIS ARTICLE  Share  Tweet  Post  Email In this article AMZN AMAZON.COM INC 2,012.71 USD +0.00 +0.00% FDX FEDEX CORP 241.24 USD -2.71 -1.11% GOOGL ALPHABET INC-A 1,214.63 USD -17.17 -1.39% DIS WALT DISNEY CO 111.21 USD -0.81 -0.72% FOXA TWENTY-FIRST C-A 45.37 USD -0.03 -0.07% Amazon.com Inc.  briefly became America’s second trillion-dollar company on Tuesday after adding $434 billion to its market cap this year. No one has benefited more than founder  Jeff Bezos , who has added $67 billion to his fortune this year, giving him a $167 billion net worth on the  Bloomberg Billionaires Index  as of 12:30 p.m. in New York on Tuesday....

India’s long-neglected retail market is turning into one of the world’s hottest thanks to  Warren Buffett ,  Jeff Bezos  and a frenzy of billion-dollar dealmaking. Walmart Inc. just wrapped up a $16 billion agreement for control of the country’s leading e-commerce player,  Flipkart  Online Services Pvt., while Bezos’ Amazon.com Inc. negotiates deals with a large supermarket chain and an investment in a prominent retail conglomerate, according to local media. This week, Buffett’s  Berkshire Hathaway  Inc. agreed to acquire a stake in the company behind digital payments leader Paytm. Why the sudden interest in India? The new optimism is fueled by rising standards of living, increases in smartphone usage and cheap data plans that are boosting internet penetration across the nation. Perhaps most important,  India  is the last big retail market still up for grabs, with an internet economy projected to double to $250 billion by 2020. ...

Amazon founder Jeff Bezos’s net worth has crossed the magical $100 billion mark. Amazon’s shares surged by more than two percent due to Black Friday sales. In the process, he became the first billionaire since 1999 to build a 12-figure net worth. According to Bloomberg, this year itself, worth of Bezos rose by around $34 billion. Amazon (AMZN, Tech30) stock climbed 2.5 per cent on Friday to put Bezos over the top. The stock got a lift from reports that online shopping on Thanksgiving and Black Friday jumped 18 per cent compared with last year. On Friday alone, Bezos made almost $2.4 billion. He owns 78.9 million shares of Amazon, worth $93.6 billion. In 2013, Bezos purchased The Washington Post newspaper. A number of other business investments are also managed through Bezos Expeditions. When the financial markets opened on July 27, 2017, the 53-year-old briefly surpassed Bill Gates on the Forbes list of billionaires to become the world’s richest person, with an estimated net worth of j...