Amazon (AMZN) shares surged 14.1% Friday to close at $445.10.
That gain made CEO Jeff Bezos just over $4.6 billion–moving him to ninth place on Forbes’ realtime list of the world’s billionaires.
He was #15 at the beginning of the year.
The company’s stock gains came a day after its earnings report, which reported the expected loss, but also a sales gain that topped Wall Street forecasts.
However most important was news that Amazon’s cloud computing service had net sales of $1.6 billion in the first quarter.
Amazon’s upward move Friday comes as part of a as the Nasdaq reaches record territory.
credit:usatoday
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