On Wednesday, the wealth of Amazon’s chief executive reached an estimated $ 202 billion, according to the Bloomberg Billionaires Index, as the company’s shares soared. That’s about $ 87 billion as of January.
The explosive growth of Bezos’ fortune is fueled by his shares in Amazon. The company’s shares have risen 25% in the last three months and 86% so far this year, according to Refinitiv data.
Bezos, who founded Amazon in 1994, continues to break records with his wealth. In 2017, she became the richest person on the planet. And last month, her estimated net worth jumped to nearly $ 172 billion, setting a new world record.
The billionaire is not alone: Other tech moguls have gotten much richer during the pandemic as demand for their companies’ goods and services continues to grow.
Earlier this month, Facebook CEO Mark Zuckerberg was dubbed a “centibillionaire,” as his wealth exceeded $ 100 billion. Tesla CEO Elon Musk, with a net worth of $ 96 billion, is close to achieving that extraordinary status. Microsoft founder Bill Gates has already done it.
And Apple CEO Tim Cook also recently became a billionaire, as shares in his company, now the world‘s most valuable, have soared. Cook is a rare example of an executive who did not help found his company and who enters the ranks of the super-rich.