Search Engine Journal

Jeff Bezos now has someting to smile about, and it’s not because Peter Shankman is riding around and doing tricks on his Segway again. Bezos, the Amazon.com chairman stands to move up a notch or two in the “World’s Richest People List” when Google holds its initial public offering later this year.

Google, operator of the most widely used search engine on the Internet, sold 15.36 million Series A shares, for a total of $960,000, shortly after the company incorporated in September 1998, according to documents filed with the Securities and Exchange Commission on April 29. Bezos was cited as one of five investors who owned the preferred stock. The document doesn’t disclose the number of shares that Bezos holds.