Amazon Surpasses Buffett’s Berkshire Hathaway Inc.

In an unexpected turn of events, Jeff Bezos’ Amazon Inc. has officially become one of the world’s five largest companies by market value this past Monday, according to Bloomberg. In the race to the top, it has surpassed Warren Buffett’s Berkshire Hathaway Inc., relegating it to the sixth position. The happy news for Amazon came … Continue reading Amazon Surpasses Buffett’s Berkshire Hathaway Inc.

In an unexpected turn of events, Jeff Bezos’ Amazon Inc. has officially become one of the world’s five largest companies by market value this past Monday, according to Bloomberg.

In the race to the top, it has surpassed Warren Buffett’s Berkshire Hathaway Inc., relegating it to the sixth position.

The happy news for Amazon came on the eve of “Prime Day”, a special yearly event held by the retailing giant.

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