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by on August 26, 2020
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The Forbes Magazine just announced the First Person ever to reach 200 billion US Dollars net worth. The world’s richest man is now also the world’s first $200 billionaire.

Amazon CEO Jeff Bezos broke the wealth barrier on Wednesday as shares of his online shopping behemoth continued to surge on skyrocketing demand for online shopping.

 

The Founder and CEO of Amazon, Jeffrey Preston Bezos

 

The breakthrough occurred just before noon when shares of the Seattle company soared over $3,404 a share for the first time ever. The stock continued higher in afternoon trading to end the day up 2.85 percent, or $95.36 a share, to $3,441.85 — pushing Bezos’s net worth up $5 billion to a massive $202 billion.

Bezos, 56, is now $77.7 billion richer than Microsoft founder Bill Gates, who long held the title of world’s richest man but who now sits in the No. 2 spot with $124.3 billion. Facebook CEO Mark Zuckerberg sits in third place with a net worth of $114.7 billion, according to the Bloomberg Billionaires Index.

Bezos is also now wealthier than all three of the Walton siblings put together, who each hold an equal stake in Walmart, Amazon’s longtime retail nemesis. The Waltons have a combined net worth of $173 billion, according to Bloomberg.

 

 

 

 

 

 

 

 

This story was written by The New York Post (https://nypost.com/)

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