Amazon CEO, Jeff Bezos becomes first person to have a net worth of $200B

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Amazon CEO, Jeff Bezos has become the first person in the World to have a net worth of $200 billion.

Forbes reported that Bezos was worth $204.6 billion as of 1:50 pm ET on Wednesday, August 26, when Amazon stock gained 2%. The 56-year-old who is already the richest person in the world, saw his net worth increase to $204.6 billion from $74 billion during the span of 2020.

According to Forbes’ calculations, Amazon founder’s fortune is the largest ever amassed even when taking inflation into account.

The report said Amazon’s stock price has been skyrocketing over the last few months, as millions of people have been forced to stay inside and order more products online due to the COVID-19 pandemic.

The company’s share price has surged more than 100% since March 16, when it was trading for less than $1,700 per share.

Amazon is worth $1.72 trillion, making it the second most valuable company behind Apple, which is worth $2.16 trillion.

Credit: LIB

12 Comments

  1. Congratulations to you for having such huge amount of wealth but just remember to help the needy because you can’t gain everything in life and lost your heaven.

  2. If you gain everything in this world and lost your soul to the devil, you gain nothing. As you were ranked as first person to reach $200B, you should try to assist those people are in need of help such as orphanage house, those in refugee camp and many others. Congratulations to you sir for the success in your organization.

  3. I am not so much surprised to hear this news
    Amazon is a trusted well know company that one can source his or her goods from and be sure they are original
    Good name is better than money and good name attracts customers which in turn generates money
    So what do you expect. The CEO of amazon should be rich because it is a trusted company
    Kudos to him and may God Almighty continue to bless him the more
    Let him continue to invest so as to create more job opportunities for the masses
    He should also remember to give back to the people in the form of charity and so on
    Congratulations Amazon CEO

  4. Congratulations to him
    He shouldn’t forget the cherity home and the poor, because if he dies today the money is not going with him.
    Let him make the money useful to people and countrys

  5. Congratulations sir
    Don’t forget the poor and the needy,help people with the people cause you won’t take the money to the grave.

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