Amazon owner reaps $11,000 a second coronavirus lockdown bonanza
over 5 years in The guardian
Shares reach record high, pushing fortune of CEO and founder Jeff Bezos to $138bn
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The online retailer Amazon has been described as a “clear winner” from the coronavirus crisis, its share price surging by more than a third inside a month, its customers spending almost $11,000 a second on its products and services, and its owner, Jeff Bezos, reinforcing his position as the world’s richest person with a fortune of $138bn.
While most businesses have been hit hard by the impact of the pandemic and the looming recession, shares in Amazon have risen to a record high as hundreds of millions people stuck in lockdown conditions turn to the delivery giant to keep them fed and entertained. Continue reading...
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