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Jeff Bezos Overtakes Bill Gates To Become World's Richest Man - Business (4) - Nairaland

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Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by ernieboy(m): 6:10pm On Jul 27, 2017
crackerspub:


90 billion lol, it means the percentage share of the value of his company in dollar value.


Dude Nigerian own money which is 30 billion is liquid cash, know the difference.
yeah I know that most of hia net worth is in stocks and various securities but if you are into investments u should know that securities are as good as liquid cash. furthermore most of those companies as have huge cash reserves, for example apple is said to have over 200 billion dollars in cash reserve, check link below: http://www.telegraph.co.uk/technology/2017/05/01/apples-cash-reserves-swell-250bn/
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Nobody: 6:12pm On Jul 27, 2017
Jokkarm2:
THIS 90 BILLION DOLLERS NA WETIN THEM SAY ONE PERSON THIEF FOR NAIJA HERE NAAA, MAKE THEM NEVER SAY NA HIM BE THE RICHEST OOO BECAUSE IF MY PEOPLE FOR NAIJA OPEN UP YOU GO NO SAY THIS MAN DEE LEARN
No Nigerian have that amount of money. Oga na billion us dollor not billion naira ooo, dat money na nigeria budget for more than 3year self.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Nobody: 6:19pm On Jul 27, 2017
lofty900:
He'll still go down the list like others. His stay on top of the list is only temporal. He should go and ask the likes of Carlos slim, Warren buffet, Amancio Ortega etc. They all topped the richest men list, where are they today? Bill Gates is the king of them all
Bro Amazon is also fcking huge, especially with this era of cloud computing.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by crackerspub: 6:19pm On Jul 27, 2017
ernieboy:

yeah I know that most of hia net worth is in stocks and various securities but if you are into investments u should know that securities are as good as liquid cash. furthermore most of those companies as have huge cash reserves, for example apple is said to have over 200 billion dollars in cash reserve, check link below: http://www.telegraph.co.uk/technology/2017/05/01/apples-cash-reserves-swell-250bn/
Yes you are right, I have worked for Amazon, I know Amazon well.


Amazon for long was not making profits, you can't compare Apple with Amazon.


Ask yourself Apple, the most valuable tech company in the world. Why is it that Tim Cooks is not one of the top 10 richest. Appl has top billionaires dumping huge money as investment. Liquid cash into the company. Do you know for years Amazon was not making any profits. Besides Apple's Iphone is designed in California and manufactured in China, the cost of Iphone is so cheap and they sell it at high price making lots of gain.

Amazon don't have the amount of funds like Apple or Microsoft.

3 Likes 1 Share

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by 989900: 6:19pm On Jul 27, 2017
Gates will go richer again in a Jiffy.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by mpowa(m): 6:21pm On Jul 27, 2017
lofty900:
He'll still go down the list like others. His stay on top of the list is only temporal. He should go and ask the likes of Carlos slim, Warren buffet, Amancio Ortega etc. They all topped the richest men list, where are they today? Bill Gates is the king of them all
Mark Zucherberg will be the one to own that spot in the next say 5yrs and he would be there for a while.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by ironprocs(m): 6:21pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?
You are a fool...whats the use of having that kind of money if cant use it to help people.....

1 Like

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by cooluc(f): 6:22pm On Jul 27, 2017
That's the power of e-commerce.

*mobile money revolution* the 21st century business. It has begun!!!
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Nobody: 6:23pm On Jul 27, 2017
mpowa:

Mark Zucherberg will be the one to own that spot in the next say 5yrs and he would be there for a while.
That's after bill Gates is dead grin
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by UnknownT: 6:24pm On Jul 27, 2017
planetx:
You people need to stop, there is no way Diezani could have looted $90 billion. No Nigerian politician or ex president is worth $90 billion and even if they are worth that amount why are you people announcing it like it's a thing of pride that this bandits have eaten you and your unborn childrens future.
I know. We know the people that believe such stories
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by IAmXcessiz(m): 6:24pm On Jul 27, 2017
Bezos would be nowhere close to being the world’s wealthiest person had Gates not given so much of his fortune to philanthropy.



That's my favorite part
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by mavinc4u(f): 6:25pm On Jul 27, 2017
Wow, Jeff should try and share the gala to people in the house. Make I come mail am to congratulate am self. I will get there soon, just matter of time.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by VERDA: 6:26pm On Jul 27, 2017
EmperorKpee:
My broda, you should see the Nigerian mentality when you see `em. What most people don't know is that these billionaires they see today were not chasing money during their start ups. They were mainly after making a difference with their creative imaginations. But nowadays, most of us chase money with zero creativity.

Your right bro, the craze for money has bastardized a lot of our youths and numbed them to the suffering around them, I know a few with a lot of money yet unhappy and empty deep down,drowning this inner emptiness and pain with everyday partying,womanizing and acquiring so much stuffs they do not even need, loosing touch with themselves, they have so much yet the very people around them suffer. It's sad sometimes.

1 Like

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by henrimoto(m): 6:28pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?
Oga stop responding to comments on NL like a Village child ,Na Old man you be!

Stop it Abeg!

1 Like

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Ibj50(m): 6:31pm On Jul 27, 2017
Aldebaran:
Gates has occupied the top list more than anyone grin grin
anime fan?.. Black bullet precisely
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Nobody: 6:31pm On Jul 27, 2017
NonFarmPayrol:
these men can Buy regions in Nigeria



wonder when we will have such powerful companies here
If they were Nigerians, they will probably be sitting home looking for jobs to feed their families. It is countries that make people and in turn, people make their communities great.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by mpowa(m): 6:38pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?
He was the wisest man, he's writing his name on gold...It's more important to make Impact in people's lives than to hug 'The richest man' title. Also at their level of wealth, giving a lot of it away is what makes them remain sane, money destroys and it will destroy them and probably their children unless they become bountifully generous.

1 Like

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Consray(f): 6:40pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?
you see why God will never bless some people......

2 Likes 1 Share

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by ELKHALIFAISIS(m): 6:41pm On Jul 27, 2017
this is what we called real billionaires not some morons that depend on Niger Delta oil before their name will be heard... government should stop monopolizing everything for Dangote let's see if he wont lose 2/3 of his fortune Ndi Ala

1 Like

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by khalids: 6:42pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?

So the goal in life is to gather money and be storing......

Bill gate is not like most Nigerians who are just vain in nature and are only out to oppress....He started his company because that was his passion and the result of it is that he became the richest man in the world......him losing that position means nothing to him

1 Like 1 Share

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by emmymdk: 6:42pm On Jul 27, 2017
Unconfirmed Report has it that President Putin is the world richest man with net worth of about 200Billion dollars...
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by ernieboy(m): 6:42pm On Jul 27, 2017
crackerspub:

Yes you are right, I have worked for Amazon, I know Amazon well.


Amazon for long was not making profits, you can't compare Apple with Amazon.


Ask yourself Apple, the most valuable tech company in the world. Why is it that Tim Cooks is not one of the top 10 richest. Appl has top billionaires dumping huge money as investment. Liquid cash into the company. Do you know for years Amazon was not making any profits. Besides Apple's Iphone is designed in California and manufactured in China, the cost of Iphone is so cheap and they sell it at high price making lots of gain.

Amazon don't have the amount of funds like Apple or Microsoft.
yea I know that apple is richer than Amazon I was trying to say that all companies have cash reserves, Amazon is no exception. as for the part about not making profits u really do not understand the amazon business model. yes it is true they are not making "profit" as any traditional business but their aim is to dominate the online market space and maintain a high value foe their stock. that is why even when they announce quarterly losses their stock values hardly go down like u would expect. in Nigeria we are particular about cash because we operate a cash economy, money can be in different forms, stocks, gold etc in many advance economies you can meet all ur financial needs without necessarily handling cash.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Nobody: 6:44pm On Jul 27, 2017
NwaAmaikpe:
shocked
Bill Gates was a fool to lose this position by giving his fortune to charity.

Was it charity that made him rich?
wat an ignoramus?!
not been religious here bt i believe the cliché "givers neva lack" is a FACT!
watch how bill gate will get back at the top in no tym.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by jiangchu: 6:44pm On Jul 27, 2017
lofty900:
He'll still go down the list like others. His stay on top of the list is only temporal. He should go and ask the likes of Carlos slim, Warren buffet, Amancio Ortega etc. They all topped the richest men list, where are they today? Bill Gates is the king of them all

you need to watch the amazon company. that company will be the first trillion dollar company in the world. don't be surprised.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by macjireh: 6:44pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?
pls grow up and have some sense.....have u asked ur self " why has bill gates occupied DAT position for almost 3decades.... simple----because he gives to charity
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Nobody: 6:44pm On Jul 27, 2017
burkingx:
grin
Did you make that yourself?? grin grin grin its hilarious
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by quiyyah(f): 6:48pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?



You really don't understand the world of giving wink
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by Nobody: 6:52pm On Jul 27, 2017
emmymdk:
Unconfirmed Report has it that President Putin is the world richest man with net worth of about 200Billion dollars...

Wrong!

That is the postulation of his expected 'tenure earning' if the Trans-pacific Pipeline projects are allowed during the time Donald Trump stays in power for 4yrs.

If Trump stays in power for another 4 yrs, then his worth will be unpredictably high because of the fluctuations in price of Petroleum Gas, but we are estimating that Putin and Trump may become the first Trillionaires in the world if that deal pulls through.

Meanwhile, we have to understand with alternative renewable energy in the mix, we might see a different kettle of fish.
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by chuks013: 6:56pm On Jul 27, 2017
NwaAmaikpe:
shocked

Bill Gates was a fool to lose this position by giving his fortune to charity.


Was it charity that made him rich?


By giving u get more..read ur bible n no wot successful people do to b rich..
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by sekem: 6:57pm On Jul 27, 2017
Amazon is truly amazing
Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by UbChapter(m): 7:10pm On Jul 27, 2017
Yeligray:
But the simple truth is neither jeff or bill gate reach me

If I slap you eh...

Re: Jeff Bezos Overtakes Bill Gates To Become World's Richest Man by lordyugo: 7:23pm On Jul 27, 2017
AmoryBlacq:
$90billion!

One man!

God please give me revelation to make wealth and be in good health.


well he wouldn't have made it if he kept waiting for REVELATION from GOD

1 Like

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