Amazon Reports Huge Quarterly Profits, Hikes Prime Membership Fee

Amazon Reports Huge Quarterly Profits, Hikes Prime Membership Fee

CEO Jeff Bezos owns 16 percent of Amazon and is the richest man in the world, according to Forbes magazine. He is the first person to top $100 billion as No. 1 on the Forbes list of the Word's Billionaires. Amazon also announced on Thursday that its annual Prime membership fee is going up to …