• About
  • Contact
Wednesday, April 21, 2021
Next Big Brand
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview
No Result
View All Result
Next Big Brand
Home News

Jeff Bezos Net worth Hits $200 Billion, First Person To Do So

Pritish raj by Pritish raj
August 25, 2020
in News
2 min read
0
Jeff Bezos Net Worth- Next Big Brand

Jeff Bezos Net Worth- Next Big Brand Source- Forbes

Share on FacebookShare on Twitter
  • Jeff Bezos becomes the first person to touch the $200 billion net worth, reported Forbes. Amid the ongoing pandemic Amazon witnessed highest market cap.

Jeff Bezos becomes the first person to touch the $200 billion net worth, reported Forbes. Amid the ongoing pandemic Amazon witnessed highest market cap.

As for Jeff Bezos, things are going well. Nice. Amazon’s stock, the e-commerce and cloud computing business he created 26 years ago, reached all-time highs on Tuesday afternoon, bringing the market capitalization of the company to the highest level. That makes Bezos, who owns 11.1 percent of the firm, worth a $200 billion record-breaking market close on Wednesday — Forbes’ highest net worth has been monitoring billionaires in nearly four decades.

Forbes Billionaires List- Next Big Brand
Forbes Billionaires List.

Bezos first claimed the title of the richest individual in the world in July 2017, but this only lasted for a couple of hours when Amazon recorded a big miss on earnings in the second quarter the same day. After a strong third-quarter earnings report, Bezos rose again to top in October 2017 — and stayed there. He also became the first centibillionaire to feature on October 2018’s The Forbes 400 list of wealthiest Americans, with a net worth of $160 billion. Until that, the number one position had long been occupied by Microsoft’s cofounder-turned-philanthropist Bill Gates. Today Bezos is $85.2 billion wealthier than Gates, the world’s second-wealthiest individual, worth $115.4 billion.

As part of their divorce settlement, which was finalized in the summer of 2019, Bezos transferred a quarter of his Amazon interest to his ex-wife MacKenzie Bezos. Today MacKenzie Bezos is worth $59.8 billion, making her the world’s second-richest woman. Had Jeff Bezos owned those shares, today his net worth would be around $240bn.

Amazon and Bezos have been facing criticism since April to have insufficient protection and working conditions during the pandemic. Warehouse staff began openly criticizing the lack of security procedures, with a few alleging workers had not been informed when Covid-19 was diagnosed with colleagues. Amazon engineering workers then held a virtual strike in April, in solidarity with their colleagues working in the warehouse.

Also, Amazon has worked hard to persuade the public that it has made significant changes to the conditions at work. The organization has provided protective equipment to its employees, installed sanitizing stations, temperature monitoring, and other safety measures in its warehouses, according to a corporate blog post. Amazon has produced filmed news reports that were sent to local news outlets in its warehouses to demonstrate new security measures.

Notwithstanding concerns from staff, business is booming at Amazon and Bezos continues to get richer by the day.

Previous Post

Apple Acquires VR Startup Spaces Specializing In VR Video Conferences

Next Post

Apple To Launch Online Store In India Around Diwali: Bloomberg

Pritish raj

Pritish raj

Pritish Raj is a content writer at Next Big Brand. Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. Highly enthusiastic about brands and startups, he aims to be a travel content creator.

Related Posts

MPL Raises $95 Million in Series D Funding Round
News

MPL Acquires GamingMonk

April 20, 2021
Chargebee Raises $125 Million at a Valuation of $1.4 Billion
News

Chargebee Raises $125 Million at a Valuation of $1.4 Billion

April 20, 2021
Facebook Announces Suites of Audio Products
Internet

Facebook Announces Suites of Audio Products

April 20, 2021
TrulyMadly raises INR 16 Crore in pre-Series A; Valuation jumps 4x in 6 months
Internet

TrulyMadly raises INR 16 Crore in pre-Series A; Valuation jumps 4x in 6 months

April 20, 2021
Razorpay Raises $160 Million at a Valuation of $3 Billion
News

Razorpay Raises $160 Million at a Valuation of $3 Billion

April 19, 2021
Industries

Apple Tops the List of Top 50 Most Innovative Companies: BCG Study

April 19, 2021
Next Post
Apple Online Store India- Next Big Brand

Apple To Launch Online Store In India Around Diwali: Bloomberg

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RECOMMENDED NEWS

ola electric

Ratan Tata invests in Ola Electric

2 years ago
Kylie jenner

Step aside, Mark Zuckerberg! Here’s the youngest Billionaire – Kylie Jenner!

2 years ago
Uniqlo Roger federer - NextBigBrand

Japanese Retail Giant Uniqlo plans big debut in India

2 years ago
Apple News-Next Big Brand

Apple News Reaches 100 Million Users & App Store Sales Expand

1 year ago

FOLLOW US

  • 33.9k Fans

BROWSE BY TOPICS

2018 League amazon Amazon Great Indian Sale Amazon Prime Apple Apple Inc Automobile Industry Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan facebook Facebook app future group hotstar Indian OTT Platforms Indian Smartphone Market Istana Negara Jio Market Stories Maruti Suzuki National Exam Netflix Netflix India Netflix Originals oppo OTT OYO Realme Reliance Industries Limited Reliance Jio RIL Samsung Tata Motors Tiktok TikTok India TikTok Videos Visit Bali Vivo whatsapp Xiaomi Xiaomi India YouTube
Next Big Brand

We Talk About Brands

Follow us on social media:

Recent News

  • Instamojo- Providing the Online Payment Gateways to MSMEs
  • MPL Acquires GamingMonk
  • Chargebee Raises $125 Million at a Valuation of $1.4 Billion

Instagram

Follow Me!

Latest News

Instamojo- Providing the Online Payment Gateways to MSMEs

Instamojo- Providing the Online Payment Gateways to MSMEs

April 21, 2021
MPL Raises $95 Million in Series D Funding Round

MPL Acquires GamingMonk

April 20, 2021
  • About Us
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • DMCA Policy
  • Our Team
  • Contact Us
  • Sitemap

© 2019 NBB. All Rights Reserved.

No Result
View All Result
  • .
  • News
  • Internet
  • Startup
  • OTT
  • Industries
  • FMCG
  • Cryptocurrency
  • Retail
  • Tech
  • Case Study
  • Interview

© 2019 NBB. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.