• Amazon is trading at more than 200 times its earnings - here's why that's not as crazy as it sounds

    28 days ago - By Business Insider

    Ahead of Amazon's earnings report Thursday, the company is trading at a steep premium to its earnings.
    Even with that premium, bulls have lots of reasons to like the company and its stock.
    But there are some clouds overhanging the company, including criticism from President Trump and a swelling amount of debt and long-term obligations.
    At more than 20 years old and with a valuation of more than $700 billion, Amazon's no startup. But if you're invested in the company, you're banking that it will continue to grow like one.
    That bet has paid off quite handsomely of late. Amazon's shares have...
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  • Jeff Bezos says he liquidates a whopping $1 billion of Amazon stock every year to pay for his rocket company Blue Origin

    Jeff Bezos says he liquidates a whopping $1 billion of Amazon stock every year to pay for his rocket company Blue Origin

    28 days ago - By Business Insider

    Amazon CEO Jeff Bezos uses $1 billion of his "Amazon winnings" to fund his space company Blue Origin, he recently said in an interview.
    The entrepreneur has a net worth of $127 billion and a number of personal projects to spend it on, but he says none are as important an investment as Blue Origin and the goal to put civilizations in space.
    Amazon CEO Jeff Bezos spends a tiny fraction of his net worth to fund Blue Origin, the space company he started back in 2000.
    For a man worth $127 billion dollars, that tiny fraction amounts to $1 billion a year, which he gets by liquidating Amazon...
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