Amazon Is Worth More Than Berkshire Hathaway – What That Means For You

Amazon has had an amazing run-up in value.  The stock is up 17% year to date, and 46% over the last 12 months. By comparison, Berkshire has risen 3.1% this year and Microsoft has risen 5.6% – while the S&P 500 is up 5.8%.  Due to this greater value increase, Jeff Bezos has become the second richest man in the world, jumping past Warren Buffet while Bill Gates remains #1.

Amazon has had an amazing run-up in value.  The stock is up 17% year to date, and 46% over the last 12 months. By comparison, Berkshire has risen 3.1% this year and Microsoft has risen 5.6% – while the S&P 500 is up 5.8%.  Due to this greater value increase, Jeff Bezos has become the second richest man in the world, jumping past Warren Buffet while Bill Gates remains #1.