Jeff Bezos Becomes The First Person In The World To Be Worth $200 Billion
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Amazon boss Jeff Bezos has entered an incredibly exclusive club. There's only one person in this club and it's highly unlikely to grow any time soon.
According to Bloomberg's Billionaire's Index, the CEO has become the first person in the world to be worth more than $200 billion (£150bn).
The eye-watering value came as Amazon's stocks soared on Wednesday afternoon (26 August) by 2.85 per cent to $3,441.85 (£2,600) per share.
That helped elevate Bezos' worth to around $202 billion.
This year has been an absolute boon for the CEO, who has seen his net worth rise by around $87 billion (£65bn), partly due to the increased reliance on Amazon during the coronavirus pandemic.
The pandemic has also paid massive dividends to Tesla CEO Elon Musk, who added $73.6 billion (£55.7bn) to his fortune.
Bezos' staggering amount of worth puts him well clear of his closest competitor and former richest man on the planet, Microsoft co-founder Bill Gates, who is worth around $124 billion (£93.9bn). Hardly a figure to scoff at, but it's certainly lower than Bezos.
Facebook's Mark Zuckerberg is hot on the tails of Gates, with his net worth to be valued at around $115 billion (£87bn).
The revelation comes shortly after Forbes unsurprisingly declared Jeff Bezos as the richest man on the planet in its annual Rich List.
While it was only little more than a week ago, it was when the Amazon CEO was in the measly $100 billion value club, with his net worth was estimated to be around $197.8 billion (£149.7bn).
Oh, and this is good news for Bezos' ex-wife MacKenzie as well.
MacKenzie Scott received a quarter of Bezos' Amazon stake in part of their huge divorce settlement last year, meaning that she increased her net worth by $2 billion.
That makes her currently the second richest woman in the world, with a fortune of $66.2 billion (£50bn).
Scott has been fairly charitable with her wealth, and claims to have given just less than $1.7 billion to 116 different not-for-profit organisations across the United States of America.