The post Amazon’s Deal With OpenAI Just Made Jeff Bezos $10 Billion Richer appeared on BitcoinEthereumNews.com. Topline A bump in Amazon’s stock price Monday fueled by the news OpenAI had signed a $38 billion cloud computing deal with the retail giant bumped company founder Jeff Bezos’ estimated net worth roughly $10 billion in a single day, adding to the billions he gained following a strong earnings report from Amazon last week. Jeff Bezos on Oct. 4, 2025 in Paris, France. Getty Images Key Facts Shares of Amazon were up more than 4% on Monday afternoon following news earlier in the day that Amazon Web Services had secured a seven-year OpenAI contract to provide the computing power needed for its artificial intelligence technologies. Bezos, who founded Amazon out of his Seattle garage in 1994, holds 8% equity in Amazon and saw his net worth rise $9.8 billion, more than 3.8%, as of Monday afternoon. Bezos’ wealth jumped $19.4 billion on Friday thanks to a surge that took Amazon shares to a record high after the company reported $180.2 billion in revenues and earnings per share of $1.95, growth that beat Wall Street’s expectations and CEO Andy Jassy attributed largely to Amazon Web Services. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes. Forbes Valuation Bezos is worth an estimated $264.1 billion as of around 3:20 p.m. EST on Monday. In addition to his 8% stake in Amazon, he owns the Washington Post and Blue Origin, an aerospace company. Key Background OpenAI was locked into a contract with Microsoft, its primary investor, that required it to get all of its computing power from the company from 2019 to 2023. When OpenAI outgrew what Microsoft could provide, it was allowed to sign deals with two other… The post Amazon’s Deal With OpenAI Just Made Jeff Bezos $10 Billion Richer appeared on BitcoinEthereumNews.com. Topline A bump in Amazon’s stock price Monday fueled by the news OpenAI had signed a $38 billion cloud computing deal with the retail giant bumped company founder Jeff Bezos’ estimated net worth roughly $10 billion in a single day, adding to the billions he gained following a strong earnings report from Amazon last week. Jeff Bezos on Oct. 4, 2025 in Paris, France. Getty Images Key Facts Shares of Amazon were up more than 4% on Monday afternoon following news earlier in the day that Amazon Web Services had secured a seven-year OpenAI contract to provide the computing power needed for its artificial intelligence technologies. Bezos, who founded Amazon out of his Seattle garage in 1994, holds 8% equity in Amazon and saw his net worth rise $9.8 billion, more than 3.8%, as of Monday afternoon. Bezos’ wealth jumped $19.4 billion on Friday thanks to a surge that took Amazon shares to a record high after the company reported $180.2 billion in revenues and earnings per share of $1.95, growth that beat Wall Street’s expectations and CEO Andy Jassy attributed largely to Amazon Web Services. Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes. Forbes Valuation Bezos is worth an estimated $264.1 billion as of around 3:20 p.m. EST on Monday. In addition to his 8% stake in Amazon, he owns the Washington Post and Blue Origin, an aerospace company. Key Background OpenAI was locked into a contract with Microsoft, its primary investor, that required it to get all of its computing power from the company from 2019 to 2023. When OpenAI outgrew what Microsoft could provide, it was allowed to sign deals with two other…

Amazon’s Deal With OpenAI Just Made Jeff Bezos $10 Billion Richer

3 min read

Topline

A bump in Amazon’s stock price Monday fueled by the news OpenAI had signed a $38 billion cloud computing deal with the retail giant bumped company founder Jeff Bezos’ estimated net worth roughly $10 billion in a single day, adding to the billions he gained following a strong earnings report from Amazon last week.

Jeff Bezos on Oct. 4, 2025 in Paris, France.

Getty Images

Key Facts

Shares of Amazon were up more than 4% on Monday afternoon following news earlier in the day that Amazon Web Services had secured a seven-year OpenAI contract to provide the computing power needed for its artificial intelligence technologies.

Bezos, who founded Amazon out of his Seattle garage in 1994, holds 8% equity in Amazon and saw his net worth rise $9.8 billion, more than 3.8%, as of Monday afternoon.

Bezos’ wealth jumped $19.4 billion on Friday thanks to a surge that took Amazon shares to a record high after the company reported $180.2 billion in revenues and earnings per share of $1.95, growth that beat Wall Street’s expectations and CEO Andy Jassy attributed largely to Amazon Web Services.

Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you’ll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.

Forbes Valuation

Bezos is worth an estimated $264.1 billion as of around 3:20 p.m. EST on Monday. In addition to his 8% stake in Amazon, he owns the Washington Post and Blue Origin, an aerospace company.

Key Background

OpenAI was locked into a contract with Microsoft, its primary investor, that required it to get all of its computing power from the company from 2019 to 2023. When OpenAI outgrew what Microsoft could provide, it was allowed to sign deals with two other cloud companies. That changed last week, when Microsoft and OpenAI renegotiated their contract to allow the AI company to purchase cloud services on the open market. That same restructuring change allowed OpenAI to establish a for-profit arm valued at $500 billion. The deal with Amazon comes on the heels of others with Nvidia, Broadcom, Oracle and Google.

Further Reading

Forbes2025’s AI Spending Frenzy Continues: OpenAI Signs $38 Billion Cloud Deal With Amazon (List)ForbesJeff Bezos Is $24 Billion Richer As Amazon Shares Hit RecordForbesAmazon And Target Job Cuts Reveal How AI Is Reshaping The Retail Workforce

Source: https://www.forbes.com/sites/maryroeloffs/2025/11/03/jeff-bezos-becomes-10-billion-richer-as-amazons-openai-deal-boosts-stock/

Market Opportunity
Cloud Logo
Cloud Price(CLOUD)
$0,03939
$0,03939$0,03939
-3,87%
USD
Cloud (CLOUD) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus

The post BetFury is at SBC Summit Lisbon 2025: Affiliate Growth in Focus appeared on BitcoinEthereumNews.com. Press Releases are sponsored content and not a part of Finbold’s editorial content. For a full disclaimer, please . Crypto assets/products can be highly risky. Never invest unless you’re prepared to lose all the money you invest. Curacao, Curacao, September 17th, 2025, Chainwire BetFury steps onto the stage of SBC Summit Lisbon 2025 — one of the key gatherings in the iGaming calendar. From 16 to 18 September, the platform showcases its brand strength, deepens affiliate connections, and outlines its plans for global expansion. BetFury continues to play a role in the evolving crypto and iGaming partnership landscape. BetFury’s Participation at SBC Summit The SBC Summit gathers over 25,000 delegates, including 6,000+ affiliates — the largest concentration of affiliate professionals in iGaming. For BetFury, this isn’t just visibility, it’s a strategic chance to present its Affiliate Program to the right audience. Face-to-face meetings, dedicated networking zones, and affiliate-focused sessions make Lisbon the ideal ground to build new partnerships and strengthen existing ones. BetFury Meets Affiliate Leaders at its Massive Stand BetFury arrives at the summit with a massive stand placed right in the center of the Affiliate zone. Designed as a true meeting hub, the stand combines large LED screens, a sleek interior, and the best coffee at the event — but its core mission goes far beyond style. Here, BetFury’s team welcomes partners and affiliates to discuss tailored collaborations, explore growth opportunities across multiple GEOs, and expand its global Affiliate Program. To make the experience even more engaging, the stand also hosts: Affiliate Lottery — a branded drum filled with exclusive offers and personalized deals for affiliates. Merch Kits — premium giveaways to boost brand recognition and leave visitors with a lasting conference memory. Besides, at SBC Summit Lisbon, attendees have a chance to meet the BetFury team along…
Share
BitcoinEthereumNews2025/09/18 01:20
MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities

Presale crypto tokens have become some of the most active areas in Web3, offering early access to projects that blend culture, finance, and technology. Investors are constantly searching for the best crypto presale to buy right now, comparing new token presales across different niches. MAXI DOGE has gained attention for its meme-driven energy, but early [...] The post MAXI DOGE Holders Diversify into $GGs for Fast-Growth 2025 Crypto Presale Opportunities appeared first on Blockonomi.
Share
Blockonomi2025/09/18 00:00
Tether Advances Gold Strategy With $150 Million Stake in Gold.com

Tether Advances Gold Strategy With $150 Million Stake in Gold.com

TLDR Tether buys $150M Gold.com stake to expand digital gold infrastructure Partnership links physical gold supply with blockchain settlement rails XAUT token distribution
Share
Coincentral2026/02/06 10:09