Jeff Bezos Becomes First Person To Cross $200 billion Net Worth

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Amazon’s founder and CEO and world’s richest man Jeff Bezos has become wealthier than he has ever been. He has become the first billionaire in modern history to cross the $200 billion net worth.

On Wednesday, Forbes reported that Jeff Bezos’ net worth increased by $4.9 billion as Amazon stock price went up by nearly 3 per cent. Bezos owns 11.1 per cent stake in Amazon, while his wife holds a 3.8 per cent stake in the company.

According to Forbes, Bezos’ net worth is at $204.6 billion and is nearly $90 billion more than Bill Gates, who’s the world’s second-richest person and currently worth $116.1 billion.

The latest surge has also pushed his ex-wife’s stake to a record level. The chunk of stock now worth $63 billion making Scott the second-richest woman, behind L’Oréal heiress Françoise Bettencourt Meyers. Mackenzie Scott owns a 3.8 per cent stake in the $1.68 trillion company.

READ ALSO: BRAND NUGGETS by Jeff Bezos

Facebook’s Mark Zuckerberg has become the latest addition to the centibillionaire lists. He is the third-richest person with a net worth of $103.1 billion after adding $3.4 billion to his fortune in one day, on Facebook stock gains.

As per the estimation, Bezos’ net worth is now more than the entire m-cap of some of the biggest giants in the US, including Exxon Mobil, Nike and Mcdonald’s.

According to a recent report, Bezos could be on his way to become the world’s first trillionaire by the year 2026.

 

Yetunde Adegoke

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