E-commerce billionaire and world’s richest man, Jeff Bezos hit a new height as his networth rose to $170 Billion topping his previous high of $167.7 billion, set on Sept. 4, 2018 according to Bloomberg Billionaires Index.
This means he is richer now than he was prior to settling the most expensive divorce in history last year. After his ex-wife MacKenzie took 25 percent of his shares, which meant at the time her stake was worth more than $35 billion, according to Forbes.
Amazon has been doing particularly well in recent months with the increased demand for online shopping due to the Coronavirus pandemic. As a result, the company’s share prices has increased.
This week, after receiving complaints about ending pandemic hazard pay, Amazon said it would spend about $500 million to give one-time $500 bonuses to most front-line workers.
According to business analytics website, Comparisun Jeff Bezos is set to be the world’s first Trillionaire by 2026.