Soaring Results Drive Sky-High Returns for the Cloud's Biggest Billionaires

Cloud computing is a big winner this earnings season
By
Tom Metcalf

Financial results from Amazon and Microsoft sent the personal fortunes of Jeff Bezos and Steve Ballmer soaring last week, lifting Bezos to a $4.6 billion one-day rise on Friday, along with an $11 billion gain for the year as of Tuesday, according to the Bloomberg Billionaires Index. Ballmer added $1.5 billion on Friday, putting his annual gain, as of Wednesday, at more than $600 million. 

To continue reading this article you must be a Bloomberg Professional Service Subscriber.

Read this article on the Terminal Request a demo to learn more

You might like:
  1. Ivanka Trump Faces Courtroom Showdown Over $785 Sandals
  2. Uber Losing Battle in London After Regulator Revokes License
  3. A L'Oreal Heiress Is Now the World's Richest Woman
  4. How Electric Cars Can Create the Biggest Disruption Since the iPhone
  5. Mercedes Plots Tesla Attack With $1 Billion U.S. Electric Push