FX.co ★ Jeff Bezos rakes in $3 billion in one day by selling Amazon shares

Jeff Bezos has made a few billion in one day by simply selling a portion of his Amazon stock. On November 1, the founder of the e-commerce giant added more than $3 billion to his fortune. The windfall came from the timely sale of more than 16 million shares, taking advantage of their soaring market value.

Amazon's stock, seemingly perfectly timed, surged by 6.19%, reaching $197.93 per share. It peaked at $201.20 and Bezos, of course, seized the opportunity to cash in on the success. This sharp rise followed a strong quarterly report. The company's revenue for the July-September period grew by 11% to $158.9 billion, while net income soared to an impressive $15.3 billion.

Meanwhile, the Amazon founder remains second on the Bloomberg Billionaires Index, trailing only Elon Musk. Since the beginning of the year, Bezos' net worth has increased by $32.2 billion to $209 billion. Musk, not far ahead, has added $33.5 billion to his fortune over the same period, bringing his total to $263 billion. It seems that this autumn has been particularly fruitful for the world's billionaires.