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Jeff Bezos Becomes World's Richest Person | Crunch Report

July 27, 2017
by
TechCrunch
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Jeff Bezos Becomes World's Richest Person | Crunch Report

TL;DR

Jeff Bezos surpasses Bill Gates as the world's richest person, Kickstarter CEO will be leaving his role, and Cristiano Ronaldo invests in a digital consulting agency for his own tech venture.

Transcript

Jeff Bezos becomes the richest man on earth vo Kickstarter is looking to step down this year cristiano ronaldo is getting more involved in tech and more it's Thursday July 27th and this is crunch report I got my mind on my money and my money on my mind and if you're Jeff Bezos you got a whole lot of it ninety point nine billion dollars of it to be ... Read More

Key Insights

  • 🤑 Jeff Bezos' net worth has surpassed that of Bill Gates, making him the world's richest person.
  • 👶 Yancey Strickler's departure as Kickstarter CEO leaves the company searching for new leadership.
  • 🎼 Apple's decision to discontinue the iPod Nano and iPod Shuffle reflects the changing landscape of the music industry.
  • 🧑‍💻 Cristiano Ronaldo's investment in Thing Pink suggests his increasing involvement in the tech world.
  • 🌓 Amazon's second-quarter earnings and expected decline in profits are of interest to investors.
  • 👶 The success of Kickstarter, with eight straight profitable years, makes it a desirable opportunity for a new CEO.
  • 🖐️ The iPod Nano and iPod Shuffle played significant roles in Apple's music dominance in the past.

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Questions & Answers

Q: How did Jeff Bezos become the richest person in the world?

Jeff Bezos became the richest person due to the all-time high stock of Amazon, which pushed his net worth to $90.9 billion, surpassing that of Bill Gates.

Q: Why is the Kickstarter CEO stepping down?

Kickstarter CEO Yancey Strickler believes it is time for him to move on, after leading the company for several years and achieving significant growth. Kickstarter is now actively searching for his replacement.

Q: Why did Apple discontinue the iPod Nano and iPod Shuffle?

Apple decided to discontinue these products as they have been overshadowed by the dominance of the iPhone and the popularity of music streaming services like Spotify.

Q: What is Cristiano Ronaldo's tech venture?

Cristiano Ronaldo has invested in a digital consulting agency called Thing Pink, which will assist him in launching his own tech venture. The specifics of this venture are currently unknown.

Summary & Key Takeaways

  • Jeff Bezos becomes the richest person on earth with a net worth of $90.9 billion, thanks to Amazon's all-time high stock.

  • Kickstarter CEO, Yancey Strickler, will step down later this year, leaving the company to search for a replacement.

  • Apple discontinues the iPod Nano and iPod Shuffle, as the iPhone and Spotify continue to dominate the music industry.

  • Cristiano Ronaldo invests in a digital consulting agency called Thing Pink, which will help launch his own tech venture.


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