Amazon CEO, Jeff Bezos Becomes First Person To Hit $200 Billion Net...

Amazon CEO, Jeff Bezos Becomes First Person To Hit $200 Billion Net Worth

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Jeff Bezos, CEO of Amazon and world's richest man
SUN VALLEY, ID - JULY 13: Jeff Bezos, chief executive officer of Amazon, arrives for the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho. | Drew Angerer/Getty Images

The world’s wealthiest man, Jeff Bezos is even richer as the Amazon founder and CEO’s wealth topped $200 billion for the first time.

This is the biggest fortune seen in history.

Bezos becomes the first person to amass above $200 billion in the almost four decades that Forbes has been tracking the fortunes of the world’s wealthiest.

With a net worth that has quickly grown to $204.6 billion, the 56-year-old tech entrepreneur is currently almost $90 billion richer than Microsoft’s Bill Gates.

Mr Bezos’ wealth surpasses Mr Gates who comes in at the world’s second richest, worth approximately $116 billion.

Even when Mr Gates’ net worth topped $100 billion in Microsoft’s peak in 1999 at the height of the dotcom bubble, Forbes believes that Mr Bezos’ fortune is still the largest ever accumulated, even when adjusting for inflation.

Amazon’s stock is up nearly 80 per cent since the beginning of the year, fuelled by changing conditions due to the coronavirus pandemic. Mr Bezos’ net worth has almost doubled since the start of the year, when it was roughly $115 billion in January, as online shipping surged during the coronavirus lockdown.

He is one of the world’s five richest people who hasn’t lost money this year as a result of the coronavirus pandemic.

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