Last Friday Amazon CEO Jeff Bezos made $6 billion in 20 minutes, or $5 million per second.
Amazon shares skyrocketed from $600 a share to a record high of $681.50 in after hours trading. Their first quarter earnings report was impressive as shares of Amazon surged about 10% after the company shared their earnings of $1.07 per share on $29.13 billion in revenue.
Investopedia reported that Amazon revenue increased 28 per cent to $29.1 billion in the first quarter, compared with $22.7 billion in first quarter 2015. As a result, 52 year old Bezos became the fifth-richest man in the world with a net worth of $59.8 billion as of today. According to CNN Money, the market value of Amazon is about $320 billion while Walmart is worth around $110 billion.
Today their shares are valued at around $684.13.
To get a perspective of how much Bezos made in 20 minutes, here are some things he can purchase with $6 billion dollars: