Amazon CEO, Jeff Bezos becomes the World’s first person to have a net worth of $200 billion

Jeff Bezos Is an American internet entrepreneur, industrialist, media proprietor and also an investor. Jeff Is the founder/CEO and the president of the multinational technology company Amazon.

He was born on 12th January 1964 (56 years old) in Albuquerque, New Mexico, united states. He is gifted with 4 children and has a net worth of 196 billion USD (2020).
Jeff is no doubt a wealthy man and the CEO of Amazon, but yesterday 26th August 2020, he broke the record.

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It was announced that the Amazon Ceo, Jeff Bezos has become the first person in the world to have a net worth of 200 billion USD.what an achievement!!!

It was reported by Forbes that Jeff Bezos was worth 204.6 billion as of 1.50 pm ET on Wednesday, 26th of August 2020 after his Amazon stock gained 2%(profit). Jeff who is already the richest man person in the world was reportedly surprised to see his net worth rise to 204.6billion USD from just 74 billion USD with a space of 8months (i.e 2020)

It was reported that Amazon’s stock price has been high over the last few months, because almost everybody has been forced to stay inside and as such moe products are bought and sold online due to the COVID-19 pandemic.

Indeed while others are complaining about the pandemic, others are really making waves from it. This is just great news.

Currently, the company’s price has surged more than 10% since March 16, then it was trading for less than 1,700 USD per share.

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

Wow, all thanks to the lockdown, and a big congrats to Jeff Bezos.

5 thoughts on “Amazon CEO, Jeff Bezos becomes the World’s first person to have a net worth of $200 billion”

  1. Honestly while others are complaining about the pandemic ravaging globally, others are really making waves from it.

    Reply

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