Amazon CEO Jeff Bezos' Net Worth Soars To $171,6 Billion While Other Billionaires Wasted Time

Amazon founder and CEO Jeff Bezos increased his fortune to $171,6 billion this year. Even after settling his divorce last year, he was able to surpass his previous record.

Amazon CEO Jeff Bezos' Net Worth Soars To $171,6 Billion While Other Billionaires Wasted Time

In September 2018, data from Bloomberg's Billionaires Index showed Mr. Bezos' net worth peaked at $167,7 billion. However, in 2020 alone, according to Bloomberg estimates, he has already received at least $56,7 billion. Seattle-based Amazon shares rose to 4,4% to hit a new record of $2878,7. Amazon stock has been steadily rising as the lockdown forced many consumers to use e-commerce services more than traditional retail chains, the DailyMail reports.

After Jeff Bezos handed over a fifth of his Amazon stake to his ex-wife last year, his fortune still set a new record. After receiving a series of warnings about potential closures due to the COVID-19 pandemic, Amazon said it would spend just over $500 million to pay nearly all of its employees at risk of infection $500 in one-time bonuses.

Mr. Bezos owns an impressive 11% of the total number of shares - they are the basis of his wealth. Its income for the year 2020 has not yet ended was $56,7 billion and once again points to the growing inequality in the well-being of residents in the United States in the context of the worst economic downturn since the Great Depression. All this happens when tens of millions of people lose their only job.

Amazon CEO Jeff Bezos' Net Worth Soars To $171,6 Billion While Other Billionaires Wasted Time

Mackenzie Bezos owns 4% of Amazon's entire business after her divorce, and her capital is now estimated at $56,9 billion - she ranks 12th in the Bloomberg billionaires ranking. Ms Mackenzie recently passed Julia Flesher Koch and Alice Walton to become the second richest woman in the world. Now she is only behind L'Oreal heiress Francoise Bettencourt Meyers.

By the way, now the technology industry is most actively enriching its leaders. For example, since January 1, Tesla CEO Elon Musk has increased his capital by $25,8 billion. And the fortune of Zoom Video Communications founder Eric Yuan has quadrupled to $13,1 billion.

Not all billionaires performed successfully this year. Spain's Zara fashion chain owner Amancio Ortega lost $19,2 billion, half his fortune. Hathaway Berkshire Chairman Warren Buffett lost $19 billion and French luxury magnate Bernard Arnault lost $17,6 billion.

The 500 richest people in the world currently have a net worth of $5,93 trillion, up from $5,91 trillion at the beginning of this year. In other words, the pandemic has caused great damage to some, and enriched others, but on average there are almost no losses.

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Source: 3dnews.ru

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