New Delhi: E-commerce and technology giant Amazon CEO Jeff Bezos’s net worth rose by a whopping $13 billion in a single day on July 20, as per records revealed by the Bloomberg Billionaires Index (BBI).
This is the highest ever single-day jump in wealth of any individual ever recorded by BBI since its inception in 2012.
According to report published by the Bloomberg, the reason for the sudden steep rise in the net worth of the world’s richest man was because of the 7.9 per cent jump in the shares of Amazon. The sharp rising trend in the share value of Amazon is direct result of high optimism of the increasing demand for online shopping in the pandemic era, said the report.
Jeff Bezos’s net worth has now swollen to a whopping $74.4 billion in the year 2020 and his total fortune is now worth $189 billion. His net worth has been constantly on the rise despite the global depression caused by coronavirus outbreak.
According to Bloomberg, Jeff’s net worth is now more than the combined valuation of corporate giants like Mobil Corp, Exxon, McDonald’s and Nike.
As a result of the hike in Amazon’s share prices, Jeff’s ex-wife Mackenzie’s net worth also surged by $4.58 billion.