Business

Jeff Bezos Is Now Worth a Whopping $200 Billion

Jeff Bezos was already the worlds richest man. Now his net worth has skyrocketed once again, setting another new record.

On Wednesday, the Amazon CEOs wealth reached an estimated $202 billion, according to the Bloomberg Billionaires Index, as the companys shares soared. Thats up about $87 billion since January.

The explosive growth in Bezos fortune is being driven by his holdings in Amazon. The companys stock is up about 25 percent over the last three months and 86 percent so far this year, according to data from Refinitiv.

Bezos, who founded Amazon in 1994, keeps breaking records with his wealth. In 2017, he became the richest person on the planet. And last month, his estimated net worth jumped to almost $172 billion, marking a new global high.

The billionaire isnt alone—other tech tycoons have been getting much wealthier throughout the pandemic as demand for their companies goods and services continues to grow.

Earlier this month, Facebook CEO Mark Zuckerberg was dubbed a “centibillionaire,” as his wealth surpassed $100 billion. Tesla CEO Elon Musk, with a net worth of $96 billion, is close to achieving that extraordinary status. Microsoft founder Bill Gates has already made it.

And Apple CEO Tim Cook also became a billionaire recently as shares of his company—now the worlds most valuable—have soared. Cook is a rare example of an executive whoRead More – Source

Show More

Related Articles

Back to top button
Close