TechnologyBusiness

Jeff Bezos Records $13 Billion Gain Within 24 Hours

American internet entrepreneur and the founder, CEO of the multinational technology company Amazon, Jeff Bezos has recorded the largest single-day increase in the history of the Bloombergs 8-year-old Billionaires Index.

Jeff recorded the increase as Amazon jumped 7.8% and saw his wealth surge by $13 billion to $189.3 billion.

It was gathered that Amazon.com shares surged 7.9%, the most since December 2018 on rising optimism about web shopping trends, and are now up 73% this year.

Bezos, Amazon’s 56-year-old founder and the world’s richest person, has seen his fortune swell $74 billion in 2020 to $189.3 billion, despite the U.S. entering its worst economic downturn since the Great Depression.

He’s now personally worth more than the market valuation of giants such as Exxon Mobil Corp., Nike Inc. and McDonald’s Corp.

Jeff Bezos Records $13 Billion Gain

Jeff Bezos Records $13 Billion Gain
Jeff Bezos Records $13 Billion Gain within 24 hours.

Also, Mackenzie Bezos, his ex-wife, gained $4.6 billion Monday and is now the 13th-richest person in the world.

Other tech titans are also enjoying a surge driven partly by people forced to stay at home and helped by the boost given to markets by unprecedented stimulus efforts by governments and central bankers.

In the meantime, the Chief Executive officer of Facebook Inc, Mark Zuckerberg has added almost $15 billion to his net worth so far this year, even as the company deals with brands boycotting ads on the social network.

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