Businessman Jeff Bezos earned $24 billion in a single day after Amazon, the company he founded, saw its stock price rise more sharply than ever before.
On Friday, October 31, 2025, Amazon announced that its profits for the day had increased by 11.5%, pushing its stock price on the Wall Street stock exchange to $248.60 per share.
Amazon last achieved such a milestone in April 2025, when its profits rose by 12% in one day.
Experts in stock market investment indicate that if Amazon’s shares continue to rise, the company could surpass its November 2022 record, when its profits had increased by 12.1%.
On October 30, Amazon released a profit report showing that it had earned more than expected, exceeding analysts’ forecasts.
Amazon had projected $177.9 billion in revenue, but instead earned about $180.2 billion.
This success increased investor confidence in Amazon, especially because of its continued excellence in providing Artificial Intelligence (AI) services.
When the stock market opened in the U.S. on October 31, many investors began buying Amazon shares, causing the company’s value to surge by 11.5%.
As a result, Jeff Bezos, who owns about 8% of Amazon’s total shares, saw his wealth increase by about $24 billion in just one day.
Amazon, like other major tech companies such as Nvidia, Google, and Microsoft, has recently shifted its focus toward **AI-based
