Amazon CEO Jeff Bezos adds record $13 billion to his net worth in one day
New Delhi : On July 20, Amazon CEO Jeff Bezos' net worth increased by a record $13 billion, according to the Bloomberg Billionaires Index (BBI).
This is the biggest single-day jump in net worth for an individual since the BBI was created in 2012.
The increase in his net worth was because Amazon's shares surged by 7.9 per cent, which is the most since December 2018. The rise in share price seems to be a direct result of rising optimism about online shopping trends, added the report.
The Bloomberg report added that Bezos’s net worth swelled a mammoth $74.4 billion in 2020 and his total fortune is now worth $189 billion. This despite the major economic depression caused by the coronavirus pandemic.
It may be noted that many other technology giants are reaping profits due to the pandemic as more people are being forced to stay home. Facebook’s Mark Zuckerberg, fourth on the BBI, has added nearly $15 billion to his net worth in 2020.
Reliance Chairman Mukesh Ambani, who is on the eighth position on the BBI, has also seen his wealth surge by $13.5 billion in 2020.