The rich get richer

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1. Jeff Bezos sold $2 billion of Amazon shares… 
   
   That’s approximately 12 million shares! This move comes shortly after his announcement of intentions to gradually sell off his shares over the next year. The sale occurred on Wednesday and Thursday, as per the filings.
   
   As per the Bloomberg Billionaires Index, he’s now the world's second wealthiest individual, boasting a staggering net worth of $200 billion.
   

2. Temu makes a comeback to the Super Bowl ad lineup amidst growing criticism from lawmakers.
   
   The new Chinese e-commerce giant, aiming to rival Amazon, is making a comeback to the big game on Sunday with a Super Bowl ad, despite calls from lawmakers urging Paramount Global and CBS not to air it.

3. Retail technology startup Swiftly reaches a valuation of $1 billion following a fresh $100 million investment round.
   
   Swiftly Systems achieves unicorn status with the announcement of its latest funding round of $100 million, this time in a Series C led by BRV Capital Management.

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Make it a great day!

The Business Nerd 😎