Today, he has a net worth of nearly $172 billion. Bezos owns roughly 57 million shares, or 12% of Amazon; it’s stock has soared 56% year-to-date.

Amazon.com is due to report earnings after the close. It is the last of the $1 trillion-plus tech companies to report this season, barring Nvidia and Broadcom, which have different financial calendars ...

Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...

UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.