Amazon CEO Jeff Bezos was worth $129.9 billion on 15 February 2020, Forbes estimates. Consequently, Bezos is the world’s richest manRead more
My conclusion from these small figures is that Amazon’s business might not be sustainable because its ability to generate cash is limited. The e-commerce sales are not generating enough float to make Amazon a value investment.
A major problem Bezos will face here is Amazon’s dependence on the U.S. economy. If the current recovery does not work it, Amazon might face serious losses and Bezos will have to trim his operations.Read more