Bezos’s fortune soared to $171.6 billion, surpassing its pre divorce level in two years


Sina science and technology news, Beijing time on July 2 morning news, according to foreign media reports, Amazon founder and CEO Jeff Bezos (Jeff Bezos) assets exceed the previous peak, even more than his level before the divorce. In the previous divorce, Bezos gave up a quarter of his Amazon stake as part of the divorce agreement.
Amazon shares rose 4.4% to a record $2878.70 on Wednesday, bringing Bezos’ wealth to $171.6 billion. That’s more than his record of $167.7 billion set on September 4, 2018, according to the data from the Bloomberg billionaires index.
Bezos’s earnings highlight the widening gap between the rich and the poor in the United States. This year alone, Bezos’s assets have increased by $56.7 billion. Affected by the epidemic, the United States ushered in the worst economic recession since the great depression. Although tens of millions of people have lost their jobs in the United States, IPO and active stock market still support its huge wealth. Earlier, the company had received complaints from workers after Amazon stopped paying workers overtime bonuses for the epidemic. Amazon later said this week it would spend about $500 million in a one-time bonus to most front-line workers.
Amazon declined to comment on Bezos’s assets.
Affected by the epidemic, consumers have reduced the number of visits to physical stores, and instead rely more on e-commerce to purchase daily necessities. This situation has brought a huge boost to Amazon’s business. Bezos owns an 11% stake in Amazon, which is a major part of its assets.
At present, the most profitable people in the U.S. stock market come from the technology industry, such as Elon Musk, CEO of Tesla, whose assets have increased by $25.8 billion since January 1; and Yuan Zheng, founder of zoom, whose assets have nearly tripled to $13.1 billion.
Mackenzie Bezos, besos’s ex-wife, took a 4% stake in Amazon after her divorce, with a personal fortune of $56.9 billion, ranking 12th on the list of the company’s top companies. She recently surpassed Alice Walton and Julia flesher Koch has become the world’s second richest woman, currently only behind L’Oreal’s successor, Francoise Bettencourt Meyers.
But not all the rich have seen their assets grow this year. Amancio Ortega, owner of the Zara brand and Spanish millionaire, lost $19.2 billion, the biggest loss on the list. Warren Buffet, chairman of Berkshire Hathaway, lost $19 billion, while Bernard arault, a French luxury tycoon, lost $17.6 billion in assets. Since 2020, the assets of most of the rich have declined. At present, the total assets of the top 500 millionaires are $5.93 trillion, compared with $5.91 trillion at the beginning of this year. (Xingyun)