- Jeff Bezos' net worth has soared to $171.6 billion, topping his pre-divorce record of $167.7 billion
- Amazon shares surged 4.4% to a record of $2,878.70 on Wednesday
- Despite relinquishing a quarter of his stake in Amazon as part of a divorce settlement in 2019, Bezos has continued to maintain his position as the richest person in the world
Billionaire businessman Jeff Bezos’ net worth has surpassed its previous peak. This as Amazon shares surged 4.4% to a record of $2 878.70 on Wednesday.
According to Bloomberg, the development boosted Bezos' fortune to $171.6 billion. That tops his previous high of $167.7 billion, set on 4 September 2018.
Briefly.co.za can confirm that Bezos relinquished a quarter of his stake in Amazon as part of a divorce settlement in 2019.
Amazon, however, declined to comment on its founder’s wealth.
Meanwhile, President Cyril Ramaphosa was confronted by a query over the cigarette ban right at the beginning of the Presidential Imbizo.
Ramaphosa had held a short address before accepting questions from the public on the Covid-19 pandemic in SA.
The very first caller had demanded answers over the tobacco ban, saying that he was struggling to get his hands on cigarettes.
Ramaphosa assured the South African that the ban on cigarette sales would eventually be lifted: "We will not be in lockdown forever, so the ban on cigarettes will be lifted."
The president did point out that the ban was still in full effect and should be treated as such, repeating that the prohibition would end: "Cigarettes are not banned forever in our country.
The ban will be lifted." The prohibition has been subjected to numerous legal tests with none emerging successful thus far.
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