Forsige
Economy

Jeff Bezos, The Richest Man on the Planet Is Now Worth $200 Billion

Forbes reports that at early Wednesday Jeff Bezos reached a threshold that has never been previously reached in ‘nearly four decades’ of tracking net worths of world successful people.
Bezos Amazon’s stock edging 2 percent as of Wednesday afternoon, raising the up his net worth by $4.9 billion, making the 56-year-old the world’s first person ever to amass a fortune of $200 billion.
Ab 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion, around $90 billion more than the second-wealthiest individual in the world, Bill Gates, who currently worth $116.1 billion. Forbes said.
Forbes claims that when accounting for inflation, Bezos’ wealth is the highest ever amassed. Gates, who was the world’s first-ever centibillionaire, is the one to come nearest.
Near the dot-com bubble’s height, when Microsoft hit its peak in 1999, Bill Gates’ net worth exceeded $100 billion, approximately $158 billion in dollars today.
Fuelled by the change in consumer behavior as a result of the coronavirus pandemic, Amazon’s stock has risen nearly 80 percent since the start of the year, and Bezos’ net worth, which on January 1, was approximately $115 billion, has skyrocketed in tandem.
Bezos’ nearly 11 percent interest in Amazon accounts for over 90 percent of his fortune. In addition to his source of wealth includes the Washington Post, Blue Origin Aerospace, and other private investments.
Bezos would be much wealthier had he not been through last year’s most costly divorce settlement in history. Last July, when he split from ex-wife, MacKenzie Scott, he decided to give her 25 percent of his Amazon interest, a chunk of $63 billion in stock now.
Even after giving away $1.7 billion in charitable donations earlier this year, Scott, Jeff Bezos’s wife is actually the 14th-richest person in the world behind L’Oréal heiress Françoise Bettencourt Meyers and second-richest woman.
But Bezos is not alone. Fortunes of top tech titans such as Facebook’s Mark Zuckerberg, Tesla’s Elon Musk and co are soaring to huge new heights according to recent Bloomberg analysis.
Facebook’s Mark Zuckerberg ended Tuesday in absolute gains as a brand Facebook stock earn $103.1 billion after adding $3.4 billion in one day to his fortune.
Forsige’s recent article cites that CEO of SpaceX and Tesla Elon Musk has rosed to fourth in the list of world richest persons after an 11 percent jump in Tesla Inc. stock last week, raising Musk’s net worth by $7.8 billion.

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