Jeff Bezos becomes 1st person in the world to amass $200 billion

Jeff Bezos becomes 1st person in the world to amass $200 billion

- Bezos reached the milestone after Amazon's stocks edged up by 2% on Wednesday, August 26, thereby increasing his net worth by $4.9 billion

- The Amazon founder is now worth $204.6 billion nearly $90 billion more than the world's second-richest person, Bill Gates

- Facebook co-founder and CEO Mark Zuckerberg ended Tuesday, August 25, as a brand-new centibillionaire, worth $103.1 billion after adding $3.4 billion

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Jeff Bezos has become the first person in the world to amass a $200 billion fortune.

The world's richest person reached the milestone after Amazon's stocks edged up by 2% on Wednesday, August 26, thereby increasing Bezos' net worth by $4.9 billion.

According to Forbes, the Amazon founder is now worth $204.6 billion nearly $90 billion more than the world's second-richest person, Bill Gates, who's currently worth $116.1 billion.

Forbes reported that even if inflation rates were included, Bezos' fortune was still the largest ever accumulated by a single person globally.

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Amazon's stocks have risen by 80% since the outbreak of the Covid-19 pandemic and this was fueled by a change in consumer habits who made more orders online due to social distancing measures embraced by governments worldwide.

Bezos was not alone in the list of top gainers. Facebook co-founder and CEO Mark Zuckerberg ended Tuesday, August 25, as a brand-new centibillionaire, worth $103.1 billion after adding $3.4 billion to his fortune in 24 hours.

Jeff Bezos becomes first person in the world to amass KSh 20 trillion fortune

Facebook CEO Mark Zuckerberg recently became a centi-billionaire. Photo: Mark Zuckerberg.
Source: Facebook

Briefly.co.za earlier reported that Tesla co-founder, Elon Musk, became the world's fourth-richest person behind Zuckerberg after his wealth increased by $7.8 billion on Monday, August 17.

The 11% rise in the shares of Tesla Inc was the reason for the wealth boost as he beat Bernard Arnault, another world's billionaire.

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Source: Briefly.co.za

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