Amazon shares surged on Thursday after the e-commerce giant posted strong holiday results, padding ... [+] the fortune of Amazon's founder, who is now worth $128.9 billion. AFP via Getty ImagesAmazon’s Jeff Bezos has further cemented his position as the world’s richest person after the e-commerce giant reported a strong holiday quarter. That news sent the stock up by about 12% in after-hours trading, adding a swift $12.8 billion to Bezos’ fortune, as of 4:55 pm Eastern. Amazon’s strong quarter was driven by record holiday sales, likely bolstered by last-minute shoppers who took advantage of the company’s new free, one-day shipping. During the quarter, net income jumped to $3.3 billion, or $6.47 per share, up from $3 billion, or $6.04 per share, a year earlier.

Source: Forbes January 30, 2020 22:01 UTC