Jeff Bezos founder of Amazon has officially become the first person to be worth over $200 billion.
According to Bloomberg’s Billionaire Index Bezos is now worth an eye-watering $202 billion.
That means Bezos is now $78 billion richer than Microsoft co-founder Bill Gates, who is currently the second richest person in the world.
The value comes amid an increase in Amazon’s stocks by 2.85%, meaning the company is now worth more than $1.7 trillion
While $200 billion is an unbelievable amount of money, estimates suggest that Bezos’ earnings could skyrocket in the coming years, and could even make him a trillionaire in just six years.
A recent study by Comparisun indicates that Bezos could become the world’s first trillionaire by 2026.
In the study, Comparisun analysed market capitalisation of the 25 highest valued companies on the New York Stock Exchange, and the net worth of the world’s 25 wealthiest people over the last five years.
They then calculated the average yearly percentage growth, applying that growth rate for future years to come.
The findings suggest that Bezos could be worth $1,000,000,000,000 in just six years.
Bezos is the founder and CEO of Amazon, which is one of the few companies to have benefited from the coronavirus pandemic.
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According to MarketWatch, Amazon sales topped $75 billion in the first quarter, largely driven by a surge in at-home deliveries.
However, Amazon has also pledged to spend $4 billion on developing coronavirus testing capabilities for all its employees, improving cleaning of its facilities, and increasing wages for hourly teams.
Top ten richest people in the world
- Jeff Bezos – $202 billion
- Bill Gates – $124 billion
- Mark Zuckerberg – $115 billion
- Elon Musk – $101 billion
- Bernard Arnault – $86.6 billion
- Warren Buffett – $81.2 billion
- Mukesh Ambani – $81.1 billion
- Steve Ballmer – $79.3 billion
- Larry Page – $77.9 billion
- Sergey Brin – $75.5 billion
