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jeff bezos

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Indian tycoon Gautam Adani surpasses Jeff Bezos as world’s second-richest person

  • Indian business tycoon Gautam Adani, 60, overtook Jeff Bezos to become the world’s second-richest person last week.
  • The college dropout has seen large gains amid the COVID-19 pandemic, adding nearly $70 billion to his wealth this year alone.
  • Adani’s rise in the global ranking is partly due to losses incurred by others on the list, including tens of billions in donations by Bill Gates at No. 5 and Warren Buffet at No. 6.
  • Bezos saw Amazon stock drop last week by more than 2% due to new inflation data.

Indian business tycoon Gautam Adani has overtaken Jeff Bezos to become the world’s second-richest person, according to Bloomberg’s Billionaire Index.

Adani, 60, is the founder and chairperson of the Adani Group, a major Indian conglomerate with stakes in port development and operations, aerospace and military defense, thermal power generation and solar manufacturing.

Jeff Bezos floats theory that China has ‘leverage’ over Twitter after Elon Musk buyout

bezos and musk
  • Amazon founder Jeff Bezos has suggested that Tesla CEO Elon Musk’s $44 billion purchase of Twitter could potentially raise China’s influence over the platform.
  • Just a few hours after the deal was announced on Monday, Bezos tweeted questioning whether China had just gained “a bit of leverage.”
  • Twitter’s board announced that they had unanimously agreed to accept Musk’s offer to take the company private.
  • China’s Foreign Ministry denied speculations on Tuesday that China may attempt to influence Twitter through its relationship with Tesla.
  • Musk has been vocal in his criticism of Twitter’s content moderation and described Twitter as a “digital town square” that sets a basis for a “functioning democracy.”

After Twitter announced on Monday that it had accepted Tesla CEO Elon Musk’s $44 billion deal to buy the company, Amazon founder Jeff Bezos publicly questioned whether China would gain “leverage” over the social media platform.

Twitter’s board unanimously agreed to accept Musk’s offer to take the company private.

Jeff Bezos Made $6 Billion in 20 Minutes Last Week — Here’s What He Can Ball Out On

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.

What Bill Gates, Elon Musk and Steve Jobs Can Teach Us About Managing Stress

Everyone has stress in their lives, but not everyone deals with it in a constructive way. Business leaders especially must learn how to manage their stress effectively so that their companies, employees and their own personal lives don’t end up eroding as a consequence.

Late Apple co-founder Steve Jobs, for instance, took a Zen-like approach and advised those with busy minds to slow down in order to find calm and clarity. Meditation is an age-old practice that is effective in achieving that clearer headspace.

Former Employee Who Survived Cancer as a New Mom Calls Out Amazon’s CEO

In a new essay, former Amazon employee Julia Cheiffetz offers CEO Jeff Bezos feedback on how Amazon treated her when she gave birth to a baby and was diagnosed with cancer six weeks after.

In her story posted on Medium, Cheiffetz recalls weeping in her chair after reading the New York Times exposé, “Inside Amazon,” during a day at the beach with her husband and 2-year-old daughter.

Angry Wife of a Former Amazon Employee to CEO: Work Schedule Was ‘Almost Unbearable’

Amazon CEO Jeff Bezos has been at the center of criticism following the release of a New York Times exposé that highlighted his company’s “brutal” work environment and controversial management practices. In response to Jeff Bezos’ memo to employees on Monday, one spouse of a former Amazon employee says it is a little too late.

Beth Anderson, the wife of a former Amazonian, wrote in a letter published by Quartz and addressed to the CEO in answer to his request for direct feedback:

Amazon CEO Jeff Bezos’ New Rocket Looks a Lot Like a Penis

Does Jeff Bezos’ new rocket look like a dick, or what?

Yesterday, almost by surprise, rocket company Blue Origin, founded by Amazon CEO Jeff Bezos in 2000, launched their spaceship, New Shepherd, from their West Texas launch base, ushering in another company that will potentially provide commercial space flights with affordable rockets — only this one is the most penis-shaped of them all.