Olson added that he expects Amazon sales to increase 28 percent in 2018 compared to past year. This is because of Amazon's dominant performance during the online holiday season.
Amazon shares have risen 6.6 per cent this year, with a report showing it has captured 89 per cent of online spending among major holiday retailers in the five-week period beginning the day after Thanksgiving in the US.
Strong cold front expected to move through East Texas on Thursday
A narrow band of very light snow and sleet will move through DFW early this evening, but the sky will clear out by 8 PM. Tuesday will start off foggy in the morning, and stay cloudy and chilly through the day, with a high of 44 degrees.
Bill Gates's fortune would have been a lot higher had he not donated much of it to charity.
Don't feel too bad for Bill Gates's net worth, though: He would still be number one if it wasn't for all the money he's given away to charity via the Bill & Melinda Gates Foundation. Since 1996, Gates has given away 700 million Microsoft shares and $2.9 billion in cash.
BRCA Breast Cancer Gene Doesn't Affect Patient Survival
For this study, researchers followed more than 2,700 women recruited from more than a hundred British hospitals for almost a decade.
Bezos earned the title of world's richest person back in July, when he briefly passed Bill Gates, but lost the spot soon after.
It also comes from his holdings in The Washington Post and the space tourism business Blue Origin. Some argue that if not for his significant charitable contributions, Gates would still be worth far more than Bezos.
Iranian Oil Tanker Explodes in East China Sea as Dozens Remain Missing
Photos on the Chinese Ministry of Transportation's microblog showed thick black smoke pouring from the ship on Thursday morning. Still, condensate is highly volatile when exposed to air and water and concerns were growing the tanker could explode and sink.
Three U.S. tycoons from the 19th and 20th centuries would beat the Amazon CEO for the richest American man of all time: Andrew Carnegie, John D Rockefeller and Henry Ford. Putin's net worth may never be known since his wealth is kept private. Adjusted for inflation it would be worth $24 billion today. Those shares jumped 1.4 percent on Monday, making him $1.4 billion richer.