Jeff Bezos’s net worth rises to new high, ex-wife becomes world’s 2nd richest woman

DY365
DY365
Published: July 2,2020 02:09 PM
DY365

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July 2, 2020: The net worth of the world’s richest man Jeff Bezos, owner of e-commerce giant Amazon, has touched a new high of $171.6 billion, topping the previous high of $167.7 billion.

July 2, 2020: The net worth of the world’s richest man Jeff Bezos, owner of e-commerce giant Amazon, has touched a new high of $171.6 billion, topping the previous high of $167.7 billion recorded on September 4, 2018, according to the Bloomberg Billionaire Index.




Bezos’s net worth has touched $171.6 billion even after he gave up a quarter of his stake in Amazon.com Inc as part of a divorce settlement. According to a report published in Bloomberg, shares of Amazon surged 4.4 per cent to a record $2,878.70 on Wednesday.



The report added that Bezos gained $56.7 billion this year alone, underscoring the widening wealth gap in the US due to the economic downturn triggered by the coronavirus crisis.



While millions of people have lost their jobs in the US, Amazon has witnessed a sharp rise in its net worth due to initial public offerings and upbeat equity markets.





It may be mentioned here that Jeff Bezos’s ex-wife Mackenzie Bezos, who acquired over 4 per cent stake in Amazon as part of the divorce settlement, saw her net worth increase to $56.9 billion and propelled to number 12 on the Bloomberg Billionaire Index.



She has now become the world’s second-richest woman and only trails L’Oreal heiress Françoise Bettencourt Meyers.