It’s been a good stretch for Jeff Bezos of late. In July, Amazon.com announced a rare profit – $92 million – for the quarter through June 2015; the company typically loses money each quarter. The good news boosted the stock considerably, and made Bezos one of the 10 richest people in the world.
As CEO of Amazon, Bezos continues to make bold bets on new technologies like cloud computing and drone delivery. In late July, the company announced a plan for a high-speed drone air traffic zone that would enable flying robots to potentially carry packages to consumers. It is part of the company’s effort to improve Prime, its members-only fast-shipping service, which now encompasses music and movie content.
As more retail moves online, Amazon is hoping that it can be consumers’ one-stop shop for anything, and it’s delved into everything from home services to guaranteed one-hour delivery in some cities. Bezos, who still owns 18% of Amazon’s shares, will guide the company to keep on investing in new businesses that he believes will make customers more and more dependent on the brand.