Jeff Bezos added $ 13 billion to his net worth on Monday, the largest one-day jump for an individual since the Bloomberg Billionaires Index was created in 2012.
Shares of Amazon.com rose 7.9%, the most since December 2018 due to growing optimism about web shopping trends, and have now increased 73% this year.
Bezos, the 56-year-old founder of Amazon and the world’s richest person, has seen his fortune rise from $ 74 billion in 2020 to $ 189.3 billion, despite the United States entering its worst economic recession since the Great Depression. Now it’s worth more than the market valuation of giants like Exxon Mobil Corp., Nike Inc. and McDonald’s Corp.
Mackenzie Bezos, his ex-wife, made $ 4.6 billion on Monday and is now the 13th richest person in the world.
Other tech titans are also enjoying a surge fueled in part by people forced to stay home and helped by the boost given to markets by unprecedented stimulus efforts by governments and central bankers.
Facebook Inc. CEO Mark Zuckerberg has added nearly $ 15 billion to his net worth so far this year, even as the company deals with brands boycotting ads on the social network.
–With the help of Jack Witzig.