As the popular saying goes, ‘the poor get poorer while the rich keep getting richer’ is certainly the case during the COVID 19 lockdown of a year we’ve been having. As most people struggle throughout the world as economies fall causing a lot of people to feel a negative effect on their income level the complete opposite has happened to the world’s richest people.
Jeff Bezos is one of the people benefiting from this, the Amazon head honcho became the world’s first person ever to hit a net worth of $200 billion on Wednesday. His fortune has rocketed higher since mid-March, as Amazon’s stock price has jumped more than 100% during the pandemic.
According to Forbes, Jeff Bezos is nearly $90 billion more than the world’s second-richest person, Bill Gates, who’s currently worth $116.1 billion. The person to come closest: Bill Gates, who was the world’s first-ever centibillionaire. Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates’ net worth surpassed $100 billion, roughly $158 billion in today’s dollars.
Overall, Amazon is worth $1.72 trillion — making it the second most valuable company behind Apple, which has a market cap of $2.16 trillion.
Mark Zuckerberg also broke a new milestone on Tuesday as a brand-new centibillionaire, he’s currently worth $109.1 billion. There are now more centibillionaires on the planet than ever. Joining Bezos, Gates and the newly crowned Zuckerberg is LVMH chair Bernard Arnault, who first joined the 12-figure ranks last year.