amazon ceo jeff Bezos

Five things you must know about the CEO Jeff Bezos

Five things you must know about the CEO Jeff Bezos

The Forbes and Bloomberg Billionaires Index showed that Amazon founder and CEO Jeff Bezos became the first person to have total assets of more than $ 200 billion.

According to Forbes, the world’s wealthiest person’s total wealth rose to $ 4.9 billion after a two percent rise in Amazon’s stock as of Wednesday afternoon.

The person now closest to Bezos is Microsoft co-founder Bill Gates, who currently stands at $ 116.1 billion according to Forbes, while the Bloomberg Billionaires Index puts his net worth at $ 124 billion.

Let us show you the five things you must know about Amazon founder and CEO Jeff Bezos

Bezos founded Amazon two decades ago as an online bookseller company that became one of the world’s most valuable companies. Including the retail operations in more than a dozen countries, a major cloud computing division, artificial intelligence, video streaming, and operations in digital devices, and groceries.

His rise has been nothing short of spectacular since 2014 when his fortune was estimated at around the US $ 32 billion. The e-commerce giant saw a huge increase in demand for its services amid the Kovid-19 epidemic.

The Forbes report said that Amazon’s stock is up nearly 80 percent since the beginning of 2020, as Bezos had total assets of about $ 115 billion on January 1. However, his nearly 11 percent stake in Amazon makes up 90 percent of his large fortune.

Bezos also owns private space exploration firm Blue Origin and bought the Washington Post in 2013. Bezos told reporters a few years ago that he was selling off some of his Amazon shares to fund Blue Origin.

The world’s richest man gave his ex-wife McKenzie a fourth of his Amazon stake or 19.7 million shares. The couple finalized their divorce in April 2019. McKenzie has decided to donate half of his $ 38 billion worth to investor Warren Buffett’s philanthropic campaign – The Giving Pledge.

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