Jeff Bezos’ stake in Amazon is up almost $30 billion since Friday.
Key Facts
Shares of Amazon were up more than 4% on Monday afternoon following news earlier in the day that Amazon Web Services had secured a seven-year OpenAI contract to provide the computing power needed for its artificial intelligence technologies.
Bezos, who founded Amazon out of his Seattle garage in 1994, holds 8% equity in Amazon and saw his net worth rise $9.8 billion, more than 3.8%, as of Monday afternoon.
Bezos’ wealth jumped $19.
