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.
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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.
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.
Heart | Security | Latest | Change | Change% |
---|---|---|---|---|
AMZN | AMAZON.COM INC. | 2,895.78 | +17.09 | + 0.59% |
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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