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Jeff Bezos is worth over $100 billion after Amazon's Black Friday rally

  • Bezos's net worth topped $100 billion on Friday, according to Bloomberg.
  • Amazon shares hit a record high.
  • The milestone comes on Black Friday, one of the year's busiest shopping days.
Amazon.com founder and CEO Jeff Bezos.
Getty Images
Amazon.com founder and CEO Jeff Bezos.

Amazon founder and CEO Jeff Bezos now has a 12-digit fortune, according to an estimate by Bloomberg.

Bezos's net worth surpassed $100 billion on Friday, Bloomberg reported. Amazon shares hit a record on Black Friday — one of the year's busiest shopping days— joining a broader stock market rally.

Bezos, the world's richest man, owns about 78.9 million shares of Amazon, according to a Nov. 14 filing. That stake alone is worth more than $93.5 billion as of Friday's closing price of $1,186 a share.

Amazon is not his only business venture. Bezos also invests in start-ups, and owns The Washington Post and space company Blue Origin. These companies can be difficult to value, but Forbes still puts Bezos's fortune at $99.6 billion.

Bezos is followed on the list of wealthiest people by Bill Gates and Warren Buffett. They've both already allocated significant chunks of their fortunes to philanthropy, a goal that Bezos is also exploring.

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