Amazon CEO Jeff Bezos Becomes the World’s First $200 Billion Man

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Amazon CEO Jeff Bezos became the world’s first person ever to hit a net worth of $200 billion on Wednesday, as the tech giant’s stock continued a steady climb that kicked off in mid-March, as the coronavirus pandemic hit the U.S.

By midday Wednesday, Amazon’s share price had climbed 2.3% to $3,423 per share — helping push Bezos past the $200 billion threshold in the process. For comparison, Bezos is personally worth more than Nike, McDonald’s and Pepsi, which are all valued between $139 billion and $191 billion.

Amazon’s stock price has been on a tear over the last few months, as millions of people have been forced to stay inside and order more products online; the company’s share price has surged more than 100% since March 16, when it was trading for less than $1,700 per share.

Read more at The Wrap.

{Matzav.com}

1 COMMENT

  1. Up on the rooftop sisters pride.
    Jeff Bezos with the humane station of pride.
    Money to the doorstop your pestilance a hitting bump.
    Take it to the Amazon and improve your rump.

    Well, its a good place in history. Money does not buy everything. Sometimes the ugly face is just its own cause that no simple mind needs to watch constantly.

    The gentleman is no archer.

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