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Working at Amazon
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<blockquote data-quote="Zowert" data-source="post: 3630833" data-attributes="member: 71957"><p>His worth and his company’s actual value is extremely inflated. Amazon brings in $177 billion in revenue but ‘only’ nets $3 billion of that as income. Where companies like Boeing have a net income of over $8 billion from $93 billion in revenue. UPS: $65 billion revenue, $5 billion net income. I know retail (especially online) is a different ball game, but still their stock is grossly overpriced.</p><p></p><p>The majority of Jeff Bezos’ fortune is in the Amazon shares he is holding. When this wildly speculative market [bubble] is over, likely when the Trump era comes to an end, Bezos will lose half of his worth.</p></blockquote><p></p>
[QUOTE="Zowert, post: 3630833, member: 71957"] His worth and his company’s actual value is extremely inflated. Amazon brings in $177 billion in revenue but ‘only’ nets $3 billion of that as income. Where companies like Boeing have a net income of over $8 billion from $93 billion in revenue. UPS: $65 billion revenue, $5 billion net income. I know retail (especially online) is a different ball game, but still their stock is grossly overpriced. The majority of Jeff Bezos’ fortune is in the Amazon shares he is holding. When this wildly speculative market [bubble] is over, likely when the Trump era comes to an end, Bezos will lose half of his worth. [/QUOTE]
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