Amazon Chief Executive Officer, Jeff Bezos, recently became the first person ever to hit a net worth of $200bn as the tech giant’s stock continued a steady climb that kicked off in mid-March.
The e-commerce colossus Amazon, founded in 1994 out of his garage in Seattle and also he owns The Washington Post and Blue Origin – an aerospace company that is developing rockets for commercial use, was said to have hired 175,000 additional workers between March and April 2020 amid the COVID-19 pandemic.
With Amazon stock edging up 2% recently, Bezos net worth is up by $4.9bn, making the 56-year-old the world’s first-ever to amass a $200bn fortune.
For comparison, Bezos is personally worth more than Nike, McDonald’s and Pepsi, which are all valued between $139bn and $191bn. Overall, Amazon is worth $1.72trn making it the second most valuable company behind Apple, which has a market cap of $2.16trn.