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Amazon CEO Becomes The First Person Ever Worth $200 Billion

By:  Tupaki Desk   |   27 Aug 2020 10:50 AM GMT
Amazon CEO Becomes The First Person Ever Worth $200 Billion
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Amazon founder and CEO Jeff Bezos have become the world's first $200 billionaire. His net worth went up by USD 4.9 billion after the stock of the Amazon surged by two per cent on Wednesday.

Although the world's economies have been hit hard by the ongoing crisis, the market value of the Amazon company is in the uptrend.

The Amazon CEO also owns aerospace company Blue Origin, the Washington Post and other private investments. However, nearly 11 per cent of his stake in Amazon makes up over 90 per cent of his massive fortune.

According to reports, Bezos would be even richer if he had not gone through the most expensive divorce settlement last year. When Bezos split from ex-wife, MacKenzie Scott, he agreed to give her 25% of his Amazon stake, a worth $63 billion.

The person who is closest to Bezos now is Microsoft Co-Founder Bill Gates who is currently worth USD 116.1 billion.