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Bezos: I can assure you I have never sought that title. It was fine being the second-wealthiest person in the world. That actually worked fine. It’s something people naturally are curious about, you know, it’s kind of an interesting curiosity, but I would much rather if they said like, inventor Jeff Bezos or entrepreneur Jeff Bezos or father Jeff Bezos. Those kinds of things are much more meaningful to me. It’s an output measure. If you look at the financial success of Amazon and the stock, I own 16 percent of Amazon. Amazon is worth roughly a trillion dollars. That means that what we have built over 20 years, we have built 0 billion of wealth for other people. From a financial point of view, that’s what we’ve done. We’ve built 0 billion of wealth for other people and that’s great. That’s how it should be. I believe so powerfully in the ability of entrepreneurial capitalism and free markets to solve so many of the world’s problems. Not all of them, but so many of them.
Besides, the number of companies that are awaiting the IPO green signal has also plummeted to 287 by May 17 from a peak of 900 in 2016. Shorter queue could shorten the waiting time to less than 10 months from the peak of over 2 years in the past, market insiders said.
Besides the exhibition, a two-day symposium and film series, titled Poverty of Sensibility — Panel 21: Art/Education in the 21st Century III, was held on Nov 16-17.
Between 17 and 20 percent of the poverty-stricken population in China were lifted out of poverty by tapping into the strength of local tourism resources, said Li at a press conference. The ratio was at least 30 percent in some areas with comparatively high poverty rates, he said.
Benefiting from the advantage of Singapore as an important financing center, DBS uses its local knowledge of the Association of Southeast Asian Nations and its footprint in its member countries to help Chinese companies in terms of partner selection and in terms of negotiating local rules and local regulatory environments.