Despite being in the middle of a global pandemic no thanks to COVID-19, Amazon founder, and CEO, Jeff Bezos, is now worth over $200 billion dollars, according to Bloomberg’s Billionaire index.
Jeff Bezos Is Now Worth $200 Billion and that making him the First Human To Be This Wealthy
The world’s richest man and tech billionaire is now worth over $204 billion, this has made him around $90 billion richer than Bill Gates, who is the world’s, second-richest human.
On Wednesday, Amazon’s stock rose by over 2.3% to $3,423 per share and this added $4.9 billion to Jeff Bezos’s wealth.
To put this in perspective, Jeff Bezos is now worth more than big companies like McDonald’s, Pepsi, and Nike. These companies are worth between $139 billion, and $191 billion.
It is believed that the Amazon boss would have crossed the $200 billion mark earlier, but for his world’s most expensive divorce with his ex-wife – Mackenzie Scott.
Mackenzie Scott got 25% of Jeff Bezos’s Amazon shared, after their divorce was finalized in 2019. This moved $36 billion to Mackenzie Scott.
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Mackenzie is now worth $64 billion, making her the 13th richest person, and the second richest woman in the world, only behind L’Oréal heiress Françoise Bettencourt Meyers.
Amazon is now valued at about $1.7 trillion, making it the second most valuable company after Apple Inc., which is valued at over $2 trillion.
56 year old Jeff Bezos was worth about $115 billion in January, but has seen his worth grow by about $85 billion since then.
Jeff Bezos has about 11% stake in Amazon’s stock. This 11% stake accounts for about 90% of his total wealth.
Bezos is not the only tech billionaire to grow his wealth. Forbes reported that Mark Zuckerberg also got $6 billion richer on Tuesday, making him $115 billion rich.
According to a research published by the Institute for Policy Study, since the beginning of the Coronavirus pandemic, the top 12 US billionaires have seen their combined wealth increase by about 40%.
These top 12 are now worth about $1 trillion in total wealth.
Jeff Bezos started Amazon in his Seattle home in 1994, and has since grown the e-commerce company to what it is today.