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Amazon CEO Jeff Bezos added a record $13 billion to his fortune on Monday amid a coronavirus-fueled boom for his e-commerce empire. A 7.9 percent jump in Amazon’s stock price helped the world’s richest man notch the largest one-day increase to any individual’s net worth in the history of Bloomberg’s Billionaires Index, which tracks the …
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That’s some pay raise. Tesla CEO Elon Musk added a whopping $5 billion to his net worth on Monday thanks to Tesla’s never-ending stock rally, allowing him to finish the day as the fifth-richest person in the world with a net worth of $74.2 billion. Musk, who as recently as a few weeks ago was …
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A Hollywood playboy known for hobnobbing with celebrities like John Travolta and Manny Pacquiao is in the crosshairs of the feds over millions allegedly used to fund his lavish lifestyle, including yacht parties with bikini-clad women, The Post has learned. Assets tied to ex-con Victorino Noval, aka Victor Jesus Noval, are at the center of …
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Amazon’s New York warehouse workers can take extra time to wash their hands during the coronavirus pandemic without being punished, the company said. Employees at the e-commerce juggernaut’s Staten Island facility recently received an email telling them that they won’t be disciplined for not hitting their productivity goals, following months of protests and a lawsuit …
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Amazon has signed a lease for a 1-million-square-foot warehouse in Queens, its biggest-ever in New York City, according to a report. The deal will see Amazon knock down a former paper-making factory at 55-15 Grand Avenue in the borough’s Maspeth neighborhood, according to Business Insider (paywall), and replace it with the multi-story warehouse. The massive …
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The richest man in the world is willing to testify before lawmakers probing anti-competitive business practices in Silicon Valley, according to reports. In a letter obtained by the Wall Street Journal, attorneys for the e-commerce juggernaut pledged to make Amazon CEO Jeff Bezos “available to testify at a hearing with the other CEOs this summer,” …
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Jeff Bezos would have become the world’s first $200 billion man on Monday — if not for that pesky divorce last year. The world’s richest man saw his net worth grow by $2.6 billion on Monday to top $152 billion, according to Forbes, while ex-wife MacKenzie Bezos saw her own wealth hover just shy of …
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Jeff Bezos hit back at an Amazon customer who sent him a slur-laced email in response to Amazon’s public support of the Black Lives Matter movement. Bezos on Sunday posted a screenshot on his Instagram page of the email he received, which used the N-word several times and warned that the anti-racist stance “will ruin your …
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Amazon’s Jeff Bezos is making no bones about his support of the Black Lives Matter movement, telling the world on Instagram that he stands firmly against a customer angry over the anti-police demonstrations. Bezos, the world’s richest man with a net worth of nearly $150 billion, posted both an email from the woman, who was …
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Amazon’s $4 billion commitment to warehouse worker safety hasn’t been enough to mollify some of its investors. Shareholder groups representing pension funds in New York and California are calling on the e-commerce juggernaut to give a more detailed breakdown of the impact of the coronavirus on its workers, according to CNBC. The groups will ask …