The Amazon founder's net worth has more than doubled over the last five years and analysts say he could eventually surpass Microsoft's Bill Gates as Amazon continues to dominate.
This month's resilience in the market has a lot to do with short squeezes in big tech names.
Old-line momentum favorites fare well.
The company's decision to shutter its Quidsi websites follows years of surging household goods sales on Amazon.com. And Amazon appears ready to make new moves in this space.