Amazon boss, Jeff Bezos, 58, steps out with his girlfriend in London

Amazon founder, Jeff Bezos was spotted enjoying a stroll with his TV personality girlfriend in London.

Mr Bezos was seen walking hand in hand with his girlfriend Lauren Sanchez, 52, on Wednesday evening, July 27. She wore a white mini dress and evil eye pendant around her neck, while her man rocked £600 white Brunello Cucinelli jeans and brown polo.

The businessman, who is worth £121billion, was reported to have been secretly dating Miss Sanchez while married to MacKenzie Scott, 52, whom he divorced in early 2019.

Elon Musk, Jeff Bezos, other top five richest persons lose N12.13tn in one day

The top five richest people in the world lost N12.13 trillion ($29.3 billion) in one day, with Tesla founder, Elon Musk, leading the billionaire pack as the highest loser, but retaining his spot as the wealthiest.

The wealthiest list consist of Musk, Bernard Arnault & family, Jeff Bezos, Bill Gates and Larry Ellison, with the Microsoft founder losing the least according to Forbes Billionaires Index.

Musk, whose wealth is now ranked $264 billion, lost $16.9 billion after trading hours on Thursday, with his fortune declining by 6% after the share value of Tesla depreciated by 6.75%.

The networth of Bernard Arnault dwindled by 2.63%, representing $5.1 billion loss, thanks to the 2.64% dip in the share of his fashion company, LVMH Moet Hennessy Louis Vuitton. Following the fall, Arnaulit’s wealth shrank to $189.9 billion.

Jeff Bezos, who is the third richest person in the world, lost $4 billion after trading yesterday, with his fortune nosediving by 2.09% to settle at $187.1 billion – this followed a 2.42% dip in Amazon’s stock.

Bill Gates’s Microsoft company lost 4.23% of its share price on Thursday, causing the billionaire to lose $1.6 billion of his wealth, representing 1.18% lose of his fortune now estimated at $134.2 billion.

The fifth richest man, Larry Ellison, lost $1.7 billion of his networth which is now around $119.9 billion. The fortune declined by 1.40%, as his software firm, Oracle, losses 0.59% in its share value.

Jeff Bezos praises Buhari at climate change conference

Founder of Amazon and One of the World’s richest men, Jeff Bezos has commended President Muhammadu Buhari’s leadership role in restoring degraded lands in Nigeria.

He gave the commendation during a climate change conference in Glasgow, Scotland, on Monday, November 1.

The COP26 side event themed, “Accelerating land restoration in Africa, the case of the Great Green Wall (GGW) initiative”, was attended by Jeff Bezos, President Buhari, French President Emmanuel Macron, Prince Charles and the Mauritanian President, Mohamed Ould Ghazouani.

The billionaire lauded Buhari’s commitment to Nigeria’s climate change actions.

“We are fortunate to have President Buhari of Nigeria with us today.

“Nigeria plays a critical role in the restoration movement and has pledged to restore 4 million hectares of degraded lands.

“This kind of ambition coming from Africa’s largest economy underscores just how vital this issue is,” Bezos said.

Jeff Bezos to step down as Amazon CEO

The Amazon’s founder and chief executive, Jeff Bezos, said on Tuesday he would hand over the company’s reins in July.

However, in an email sent to staff, Bezos said he would transit into the role of executive chairman in the e-commerce giant.

A statement by Amazon said the Chief Executive of the company’s Cloud Computing Division, Andy Jassy, would be promoted to run the entire company.

Bezos said “As much as I still tap dance into the office, I’m excited about this transition.

“As executive chairman, I intend to focus my energies and attention on new products and early initiatives.”

Bezos has successfully transformed the company he founded as an online bookseller in 1996 into a $1.7 trillion behemoths with more than 1.2 million employees.

Jeff Bezos, the richest man in the world has agreed to back Africa.

Jeff Bezos, the richest man in the world has agreed to back Africa-focused financial technology company, Chipper Cash, making it his first start-up investment on the continent.

His personal venture capital fund, Bezos Expeditions, supported the Series B funding led by Ribbit Capital, which raised $30 million for the San Fransisco-based company

“We are responding to the demand from customers on our P2P platform who also have business enterprises,” Chipper Cash Chief Executive Officer Ham Serunjogi said in the statement.

Bezos’s backing of Chipper Cash will “widen the company’s product suite through inclusion of more business payment solutions, crypto-currency trading options, and investment services,” the company said in an emailed statement.

Chipper Cash enables instant cross-border mobile money transfers in Africa and abroad and will use the funds for expansion into countries it will announce in 2021. The company has 3 million users on its platform across Ghana, Uganda, Kenya, Tanzania, Rwanda, Nigeria and South Africa, and processes an average of 80,000 transactions daily, according to the statement.

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