Jeff Bezos’s Wealth Hits A New High

Written by on July 3, 2020

Jeff Bezos is filthy stinking rich! According to the latest reports, the Amazon founder’s wealth has reached new heights following a 4.4 percent surge in Amazon’s stock value. Bezos is now worth $171.6billion, according to Bloomberg Billionaire Index, which means he is richer now than he was prior to settling the most expensive divorce in history last year. Bezos had to fork over 25 percent of his shares to ex-wife MacKenzie took, which meant at the time her stake was worth more than $35billion, according to Forbes. Although that happened, Bezos remained the wealthiest person in the world and his wealth has continued to soar amid the coronavirus pandemic. Bloomberg noted that his wealth marks a new record for the world’s richest person. Amazon has benefited from a huge increase in online shopping following nationwide store closures due to lockdowns caused by the pandemic. Although Amazon had been performing well, Bezos’ company faced criticism for employee safety and pay. However, Amazon said this week it’s giving out more than $500 million as a “Thank You bonus” to frontline workers who were with the company throughout the month of June.

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