The Amazon CEO’s wealth hit about US $ 202 billion on Wednesday, according to the Bloomberg Billionaires Index, as the company’s shares soared. That’s about $ 87 billion since January.
Bezos’ explosive wealth growth is driven by his holdings in the Amazon. Shares of the company have risen about 25% in the past three months and 86% so far this year, according to data from Refinitiv.
Bezos, who founded Amazon in 1994, continues to break records with his wealth. In 2017, he became the richest person on the planet. And last month, his estimated net worth rose to nearly $ 172 billion, marking a new global high.
The billionaire isn’t alone – other tech moguls have grown much richer throughout the pandemic as demand for their businesses’ goods and services continues to grow.
Earlier this month, Facebook CEO Mark Zuckerberg was dubbed a “centibillionaire,” with his fortune exceeding $ 100 billion. Tesla CEO Elon Musk, with a net worth of $ 96 billion, is on the verge of achieving that extraordinary status. Microsoft founder Bill Gates has done it before.
And Apple CEO Tim Cook also became a billionaire recently, as shares in his company – now the world’s most valuable – soared. Cook is a rare example of an executive who didn’t help found his business among the super rich.
While Amazon is Bezos’ greatest asset, it’s not the only big brand he oversees. Outside of the business, Bezos also owns Blue Origin, the space travel company he founded in 2000, and The Washington Post newspaper, which he acquired in 2013.