Amazon boss, Jeff Bezos, becomes world's first billionaire with an over $200 billion net worth

Amazon CEO, Jeff Bezos, has become the first billionaire in the world to hit a net worth of $200 billion.

This is inspite of the ongoing global economic harshness due to Covid-19.

According to Forbes, as of Wednesday, August 26, Jeff Bezos was worth $204.6 Billion.

This shows more than 100% increase in his fortune over the course of 2018. 

Back in January, Jeff Bezos was worth just $74 billion, but since the pandemic, Amazon shares have gained massively, as many people continue to stay indoors and make orders from their home.

The shares are said to have recorded a more than 100% rise, which is at least, double the $1,700 they sold at back in March 2020.

Forbes also report that Amazon is now the second most valuable company in the world, with a worth of $1.72 trilion, only behind Apple, who are worth $2.16 trillion.

No comments