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Jeff Bezos Is $24 Billion Richer As Amazon Shares Hit Record

Amazon Web Services sales rose 20% annually to $33 billion, driving shares to a record high amid strong AI demand and an $11 billion AI data center launch.

Summary by Forbes
Amazon reported earnings and revenues that surpassed Wall Street’s expectations.

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Billionaire Jeff Bezos saw his fortune rise by another $24 billion on Friday. The increase is due to the 13 percent rise in the share price of his company, Amazon, in which he owns an 8 percent stake as founder.

·Amsterdam, Netherlands
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Jeff Bezos, founder and owner of an 8% stake in Amazon, became $21 billion richer on Friday. This increased the value of his stake in the world's leading online retail platform to $218 billion, and his total net worth moved him closer to the second-richest person in the world. This was all thanks to surprisingly strong revenue growth in the company's cloud computing and artificial intelligence business.

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Forbes broke the news in United States on Friday, October 31, 2025.
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