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Home Africa

Amazon's Jeff Bezos earns record $13 billion in single day

Bunmi Akintilo by Bunmi Akintilo
July 22, 2020
in Africa, Business & Investment, Business News, Latest News, Technology, World News
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The net worth of Jeff Bezos increased by $13 billion recently when he recorded the largest single-day jump for an individual since the creation of Bloomberg Billionaires Index in 2012. 

The shares of Amazon.com surged 7.9%, that is the highest surge since December 2018 on rising optimism about web shopping trends. According to TIMES, they are now up by 73% in 2020.
 
Bezos, 56, is the world’s richest man and has witnessed his fortune increased by $74 billion in 2020 to $189.3 billion in spite of the recent economic downturn that hit the U.S. this year.

According to the publication, the personal net worth of Jeff Bezos, the American Billionaire is greater than the market valuation of big guns like Exxon Mobil Corp., Nike Inc., and McDonald’s Corp. 

The ex-wife of Jeff, Mackenzie Bezos, who possesses Amazon’s second-largest shares also gained $4.6 billion following her divorce from the Amazon CEO and she is now the 13th-richest person in the world. Her worth is over $55 billion. 

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Bunmi Akintilo

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