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Jeff Bezos becomes the first person Ever with $200 billion

Enudi Golden by Enudi Golden
January 11, 2024
in Featured, Scholarship/ Opportunities, World News
Reading Time: 1 min read
Jeff Bezos
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On Wednesday, Amazon’s stock went up By 2% making Jeff Bezos  networth up $4.9 billion dollars, making the 56-year-old the world’s first-ever person to amass a $200 billion fortune.

As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO ”  Bezos ” is worth $204.6 billion—nearly $90 billion more than the world’s second-richest person, Bill Gates who’s currently worth $116.1 billion.

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The person to come closest is Gates, who was the world’s first-ever centibillionaire. Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates’ net worth surpassed $100 billion, roughly $158 billion in today’s dollars.

Fueled by the change in consumer habits as a result of the coronavirus pandemic, Amazon stock is up nearly 80% since the beginning of the year, and Jeff Bezos net worth, which was roughly $115 billion on January 1, has skyrocketed as a result.

 

 

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