Jeff Bezos is world’s first-ever $200 billion man
Shares of his online shopping behemoth hit $3.441.85 on surging demand for contactless shopping
Jeff Bezos is giving a whole new meaning to the title of world’s richest man.
The Amazon CEO’s net worth soared to a record $200 billion on Wednesday when shares of his online shopping behemoth closed at $3.441.85 on surging demand for contactless shopping.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
AMZN | AMAZON.COM INC. | 210.71 | +2.82 | +1.36% |
JEFF BEZOS ADDS $13B TO NET WORTH, LARGEST SINGLE-DAY INCREASE
Bezos, Amazon’s largest individual stockholder, has added more than $82 billion to his net worth this year as stuck-at-home consumers increasingly turn to the e-tail giant for their shopping needs. Amazon’s shares are up 86 percent year-to-date and its market cap sits at $1.7 trillion.
The tech entrepreneur, who’s also the head of rocket company Blue Origin, now has $77 billion more than longtime richest man Bill Gates, who sits in second place with just over $123 billion, according to the Bloomberg Billionaires Index.
JEFF BEZOS' NET WORTH HITS RECORD $171.6B
The 56-year-old executive owns 54.5 million shares of Amazon, representing a 10.9 percent stake. His ownership stake in Blue Origin is also worth $7.2 billion, and he has $7.1 billion worth of cash and other assets, according to Bloomberg.
Even more staggering is that Bezos would have already surpassed the $250 billion mark had he not divorced his longtime partner and spouse MacKenzie, who received 20 million Amazon shares in the divorce settlement, putting her net worth at $64.4 billion. Those shares alone make her the 13th richest person in the world.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
WMT | WALMART INC. | 92.63 | +0.13 | +0.14% |
FB | NO DATA AVAILABLE | - | - | - |
MSFT | MICROSOFT CORP. | 430.98 | +7.52 | +1.78% |
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With his $200 billion fortune, Bezos is wealthier than all three of the Walton siblings put together, who each hold an equal stake in Walmart, Amazon’s longtime retail nemesis. The Waltons have a combined net worth of $173 billion, according to Bloomberg.
Bezos, Gates and Facebook CEO Mark Zuckerberg are currently the only people in the world enjoying 12-figure fortunes.