Jeff Bezos's wealth hits a new high of $171BILLION

Jeff Bezos’s wealth hits a new high of $171BILLION as Amazon stock soars amid the pandemic

  • Jeff Bezos’s fortune soared to a new record high of $171.6billion on Wednesday
  • On Wednesday Amazon’s stock surged 4.4 percent to a record $2,878 value
  • Bezos’s fortune beats his previous high of $167.7billion on September 4, 2018
  • His net worth skyrocketed even after relinquishing a quarter of his stake in Amazon in his divorce settlement with ex-wife Mackenzie Bezos last year 
  • She is now the world’s second-richest woman with $56.9billion net worth

Jeff Bezos’s fortune has soared to $171.6billion, breaking his previous wealth record from before his divorce. 

The billionaire’s net worth broke its previous peak on Wednesday as Amazon’s stock surged 4.4 percent to a record $2,878 value per share, boosting his fortune.

Bezos, who is the richest man in the world, saw his fortune rise even after he relinquished a quarter of his stake in Amazon as a part of his divorce settlement with ex-wife Mackenzie Bezos last year. She has now become the world’s second-richest woman.

Tuesday’s record beats his previous high of $167.7billion, which was set on September 4, 2018, before his divorce as per the Bloomberg Billionaires Index.

Jeff Bezos’s fortune has soared to $171.6billion, surpassing his wealth from before his divorce, on Wednesday

On Wednesday as Amazon’s stock surged 4.4 percent to a record $2,878 value per share. Bezos owns 11 percent of the stock, which comprises a bulk of his fortune

Amazon has only seen its shares skyrocket in the pandemic as stay-at-home orders and lockdowns have pushed consumers to flock to e-commerce shopping instead of brick-and-motar retail

This year alone Bezos has seen his fortune rake in $56.7billion.

Amazon hasn’t commented on the founder’s surge in wealth.

This week following complaints about ending pandemic hazard pay, Amazon said it will spend about $500million to give one-time $500 bonuses to most front-line workers.

Amazon has only seen its shares skyrocket in the pandemic as stay-at-home orders and lockdowns have pushed consumers to flock to e-commerce shopping instead of brick-and-motar retail.

Bezos owns 11 percent of Amazon stock, which comprises a bulk of his fortune.

Other tech CEO’s have seen their wealth boom even amid the pandemic that has led millions to file for unemeployment. In the week ending June 20 1.48million people filed for unemployment, down 1.54million from the week before.

Tesla’s CEO Elon Musk added $25.8billion to his fortune since January 1.

Zoom Video Communications Inc Founder Eric Yuan saw his wealth practically quadruple to $131.1billion.

Mackenzie Bezos acquired a four percent take in Amazon following the divorce. She has a net worth of $56.9billion and climbed to No. 12 in Bloomberg’s ranking of wealthiest people.

She’s now the second-wealthiest woman in the world, trailing behind L’Oreal heiress Francoise Bettencourt Meyers.

The collective net worth of the world’s 500 richest people now stands at $5.93 trillion, compared with $5.91 trillion at the beginning of the year, according to Bloomberg

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