Jeff Bezos's wealth soars to record $171.6 billion: Billionaires Index

His gains — $56.7 billion this year alone — underscore a widening wealth gap in the US during the worst economic downturn since 2008.
Jeff Bezos’s net worth has smashed through its previous peak, even after he relinquished a quarter of his stake in Amazon as part of a divorce settlement last year.

Shares of the retailer surged 4.4 per cent to a record $2,878.70, boosting the founder’s world-leading fortune to $171.6 billion. That tops his previous high of $167.7 billion, set on September 4, 2018, according to the Bloomberg Billionaires Index.

His gains — $56.7 billion this year alone — underscore a widening wealth gap in the US during the worst economic downturn since 2008.






Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel