Jeff Bezos’ net worth hits record $ 171.6B


Amazon founder and CEO Jeff Bezos has set a new net worth record despite a global pandemic and his 2019 divorce, according to the Bloomberg Billionaires Index.

PROTESTERS SET UP THE GUILLOTINE OUTSIDE JEFF BEZOS ‘DC’S HOUSE

Rising Amazon stock prices pushed Bezos’ wealth to $ 171.6 billion, more than his previous record of $ 167.7 billion that was set on September 4, 2018, according to Bloomberg.

Jeff Bezos, founder of Amazon and Blue Origin, speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, Massachusetts, USA, June 19, 2019. REUTERS / Katherine Taylor

Bezos would have surpassed a net worth of $ 200 billion if it weren’t for his costly divorce, according to Forbes data. The division, which gave Bezos’ ex-wife Mackenzie Bezos a 4 percent stake in Amazon, made her one of the richest women in the world with a net worth of $ 56.9 billion, according to Bloomberg.

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Meanwhile, Jeff Bezos owns an 11 percent stake in Amazon.

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Many billionaires have seen their net worth fall amid the pandemic, though Amazon has established its first place in the world of e-commerce as more Americans shop online.

Amancio Ortega, the Spanish businessman behind Zara, is down $ 19.2 billion this year, and Bernard Arnault, head of luxury goods giant LVMH Moët Hennessy, is down $ 17.6 billion, according to Bloomberg.

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