Coronavirus: Amazon boss Jeff Bezos adds $ 24 billion to his fortune


Amazon founder and CEO Jeff Bezos

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Amazon founder and boss saw his wealth increase by $ 24 billion (£ 19 billion) after growing demand for online shopping pushed the company’s stock price to a new high .

Jeff Bezos now has a fortune of $ 138 billion, according to the Bloomberg Billionaires Index, confirming his position as the richest man in the world.

Amazon benefited from the increase in internet shopping by people forced to stay at home during the Covid-19 epidemic.

The company has recruited thousands of workers to meet demand.

However, Amazon has also been criticized by employees in the United States for its workplace protection against coronavirus.

Bezos has an 11 percent stake in Amazon and the company’s shares on Tuesday rose 5.3 percent.

The family behind retail giant Wal-Mart, which owns Asda in the UK, also won during the foreclosure.

The Waltons saw their net worth increase by 5% this year to reach $ 169 billion, making them the wealthiest family in the world, according to Bloomberg.

With millions of people working from home, online meeting site Zoom saw the fortune of founder Eric Yuan more than double to $ 7.4 billion.

According to the Bloomberg Billionaires Index, the world’s 500 wealthiest people have lost $ 553 billion so far this year.

Investors in the global oil and gas industries saw sharp declines in net worth as crude prices plunged into falling global demand and an – now resolved – dispute over oil production between Arabia Saudi and Russia.


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