Amazon CEO Becomes World’s First $200 Billionaire

Amazon founder and CEO Jeff Bezos has emerged the world’s first $200 billionaire after the stock of the online shopping platform surged by 2.85 per cent on Wednesday. Bezos owns 54.5 million shares of Amazon which is equal to 10.9 per cent stake. Currently Bezos total net worth is $204.6 billion.

When the businesses are hit all over the globe and many countries’ GDPs are going into negative, Jeff Bezos and his Amazon are in the uptrend. People are preferring to buy online instead of going out and getting infected with the virus. Amazon which is a Seattle based company is valued at $1.72 trillion now.

But Bezos would be even richer had he not gone through the most expensive divorce settlement with his longtime partner and spouse MacKenzie Scott. He offered to give her 25 per cent of his Amazon stake which is now worth $63 billion. If this had not happened Bezos would have been in the $250 billion club.

Microsoft founder Bill Gates and Facebook CEO Mark Zuckerburg are the next billionaires but are way behind Bezos who are net worth $124.3 billion and $114.7 billion respectively.