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In a pandemic, when companies go bankrupt en masse
The richest man in the world, Jeff Bezos, is about to become a trillionaire: the coronavirus crisis has affected Amazon, Reuters reported. Millions worldwide buy from home more than ever.
According to Forbes magazine, Amazon reported revenue of $ 75.5 billion in the first quarter of 2020. At the same time, Bezos’ wealth has increased by approximately $ 25 billion since the beginning of the year. That is $ 1.1 billion more than Honduras’ gross domestic product.
Bezos, who became the first man in history to have a fortune of more than $ 100 billion, is on his way to becoming the first trillionaire by 2026, experts say.
Amazon is one of the world’s largest online retailers. In addition to the United States, the company operates in Canada, China, Brazil, Japan, and European countries.
According to a study by the Institute for Political Studies, American billionaires increased their wealth by $ 282 billion during the epidemic.
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