Jeff Bezos gets richer by $24 billion

Jeff Bezos gets richer by $24 billion

World’s richest person Jeff Bezos is getting richer by $24 billion, even in a pandemic, and perhaps because of it.

With consumers stuck at home, they’re relying on Jeff Bezos’s Amazon.com Inc. more than ever. The retailer’s stock climbed 5.3% to a record Tuesday, lifting the founder’s net worth to $138.5 billion, according to Bloomberg.

The combined net worth of the world’s 500 richest people has dropped $553 billion this year.

Leading the group is Bezos, who has added almost $24 billion to his fortune in 2020, as well as MacKenzie Bezos, who was left with a 4% stake in Amazon as part of the couple’s recent divorce settlement. Her net worth has climbed $8.2 billion to $45.3 billion, and she’s now No. 18 on the Bloomberg wealth ranking.

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