GENERAL NEWSNEWS

Jeff Bezos Declared The Richest Man in Modern History

Jeff Bezos
Jeff Bezos

Amazon CEO Jeff Bezos wealth have grown to over $172 billion, he has been declared the richest man in modern history.

Jeff Bezos Declared The Richest Man Of All Time. While the Coronavirus, still on the rise in many U.S. states, has had devastating public health effects, necessary business shutdowns have also left many out of work and struggling financially. However, the effects of the stifled economy have not fallen evenly.

While many are scrambling for jobs or wondering about the next round of stimulus checks, Jeff Bezos is doing better than ever. Bloomberg Billionaire Index recently announced the Amazon CEO has set a new wealth record, surpassing the previous one he held before his divorce with ex-wife Mackenzie.

Bezos is now reportedly worth $172 billion. Much of this wealth is tied to Amazon, of which Bezos owns roughly 57 million shares (about 12% of the company). While most businesses are struggling amidst the pandemic, Amazon has actually seen its stock soar 56% this year, as many consumers have been forced to shop exclusively online during the quarantine.

Bezos’ staggering bank account numbers raise questions about income inequality and excessive wealth, especially at a time when many are struggling more than ever. Amazon, which has also been criticized for its employee safety and pay wages, says it will give out over $500 million in bonuses to frontline workers, as it recently eliminated a $2 hourly wage bump and double overtime pay for these employees.

Source

Jeff Bezos

Tags

Supremo DM

Supremo DM, (Born Frank Osei Nyarko) Is A Ghanaian Website Designer and Blogger with a Flair of Singing And Song Writing. He Loves To Listen to Music All Day Since that's One of his Major Source Of Joy. Therefore, He decided To Set up This Music/Entertainment Website To Enable Him Share His Source Of Joy With The Entire World. Kind Of Him Right? Well, He can Only Reach His Prime Target If You Could Preach About "GhanaFlaver" That Fast Rising Music/Entertainment Blog Emerging From West Africa,Ghana To Be Precise... I Would Love To Hear From My Cherish Readers/Visitors... Being It Feedback, Suggestions or Business Proposal... Contact Supremo DM Via Any Of the Medium Below... Whatsapp: +233 545 880 700 Email: Ghanaflaver@gmail.com Facebook: Supremo DM General Twitter/Instagram: @iamsupremodm Cheers?

Related Articles

Close
Close

Adblock Detected

Please consider supporting us by disabling your ad blocker
Share via
Copy link