Amazon CEO Jeff Bezos saw his net worth jumped to this week after Amazon’s shares soared on Wednesday, locking him in once again as the world’s wealthiest man.
What’s going on:
The Bloomberg Billionaires Index said Bezos net worth is now estimated at $202 billion.
- Bezos’ net worth has jumped $87 billion since January — around the start of the coronavirus pandemic.
- According to CNN, Amazon’s stock jumped 25% over the last three months and 86% through the year.
Back in April, Bezos watched his wealth jump by $24 billion to a total of $138 billion, as I wrote for Deseret.com.
- His net worth jumped “after soaring demand for online shopping sent the firm’s share price to a new high,” the BBC News reports. “... Amazon has benefited from surging internet shopping by people forced to stay home during the COVID-19 outbreak.”
- Bezos is on pace to become the world’s first trillionaire. Comparisun — a company that allows business firms to compare different products, predicted Bezos would be the world’s first trillionaire by 2026 based on the average percentage of yearly growth from the last five years and applied it for the next few years, which I wrote about for Deseret.com.