Jeff Bezos bought Amazon stock for the first time in more than 2 decades. He may be engaging in Elon Musk-style trolling. (2024)

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Jeff Bezos bought Amazon stock for the first time in more than 2 decades. He may be engaging in Elon Musk-style trolling.? ›

Jeff Bezos bought Amazon stock for the first time in more than 2 decades. He may be engaging in Elon Musk-style trolling. In a surprising move, Jeff Bezos bought a single share of Amazon for about $115 in late May. Bezos may have been engaging in some Elon Musk-style trolling, given the timing of the trade.

As a result, an investment of $10,000 a decade ago would be worth over $107,000 today. The company made many millionaires over the last decade, begging the question: Does it still have much to offer new investors? Let's examine Amazon's business more closely and determine whether it's still worth investing in in 2024.

He's following a prescribed plan available only to corporate insiders—and his recent cross-country move will reduce the transaction's tax bill. Bezos sold his shares as part of a predetermined process for selling company stock. And his recent move to Miami will ease the tax burden of that process.

1 Elon Musk. Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index.

The table below shows the present value (PV) of $10,000 in 20 years for interest rates from 2% to 30%. As you will see, the future value of $10,000 over 20 years can range from $14,859.47 to $1,900,496.38.

If you had invested in Amazon ten years ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in November 2013 would be worth $8,061.01, or a gain of 706.10%, as of November 21, 2023, and this return excludes dividends but includes price increases.

What percentage of Amazon (AMZN) stock is held by retail investors? According to the latest TipRanks data, approximately 54.65% of Amazon (AMZN) stock is held by retail investors. Jeffrey Bezos owns the most shares of Amazon (AMZN).

Founder and former CEO Jeff Bezos is the largest Amazon shareholder, with more than 937 million shares, which represent a stake of about 9% in the company. Bezos' shares are worth an estimated $166 billion.

"Billionaire CEOs like [Jeff] Bezos, [Mark] Zuckerberg, Jamie Dimon, and the Walton family are selling off massive amounts of their own stocks, and analysts think the CEOS may be bracing for an economic downturn," he said, adding, “An overheated stock market continues to climb to new heights as investors feed that ...

Who is the number 1 richest person? ›

Tesla's (and Texas') Elon Musk maintained his rank at the top of Forbes' list overall, sporting an estimated net worth of $195 billion. Bezos isn't far behind at $194 billion. Rounding out the top five are California's Mark Zuckerberg, Nebraska's Warren Buffett and Washington's Gates.

An overheated stock market continues to climb new heights. As investors feed the frenzy with a fear of missing out, economic insiders are unloading billions of dollars of stocks.

As a result, an investment of $10,000 a decade ago would be worth over $107,000 today. The company made many millionaires over the last decade, begging the question: Does it still have much to offer new investors? Let's examine Amazon's business more closely and determine whether it's still worth investing in in 2024.

Ten Year Stock Price Total Return for Amazon.com is calculated as follows: Last Close Price [ 179.62 ] / Adj Prior Close Price [ 15.02 ] (-) 1 (=) Total Return [ 1,096.0% ] Prior price dividend adjustment factor is 1.00.

Those gains translate to a 23.2% compound annual growth rate for Amazon compared to a 6.2% CAGR for the S&P 500 in that time. As a result, $10,000 in AMZN stock purchased 20 years ago would now be worth $645,262. A $10,000 investment in the S&P over the same period, however, would amount to $33,452.

If you had invested $1,000 during Amazon's IPO in May 1997, your investment would be worth $1,341,000 as of August 31, according to CNBC calculations.