- MacKenzie Bezos, the ex-wife of Amazon creator Jeff Bezos, is now wealthier than Mukesh Ambani, India’s richest man.
MacKenzie Bezos, the ex-wife of Amazon creator Jeff Bezos, is now wealthier than Mukesh Ambani, India’s richest man. She added $8.2 billion to her net worth on April 15, according to the Bloomberg Billionaire List, after Amazon’s stock rose 5.3 percent on Wall Street.
MacKenzie Bezos holds a 4 percent interest in Amazon that she had earned in 2019 as part of a divorce settlement. She is now the world’s 18th richest person — pushing Ambani into position 19.
The 50-year-old is the second-largest single shareholder in Amazon and the world’s second-richest individual. She is a novelist and also a philanthropist, who as part of the Giving Pledge committed at least half of her income to charity.
The spurt in her net worth can be attributed to the coronavirus pandemic that caused millions of people to stuck from Amazon to shop at home.
Whereas the world’s wealthiest 500 lost $553 billion, Jeff Bezos, the richest man in the world just added to his coffers. According to the Bloomberg Billionaires Index, its net worth rose by a whopping $24 billion to $138.5 billion on April 15.
Mukesh Ambani was among the many who lost billions in March as Indian stock markets crashed. Ambani estimated $58.6 billion when the year ended, according to Bloomberg. However, as of March 19, his net worth decreased by 41 percent to $34.4 billion.
Elon Musk has contributed $10.4 billion to his fortune, in comparison to Jeff Bezos. Whereas Zoom founder Eric Yuan added $7.4 billion to his network following a whopping 1900 percent spike in his video conference service as the more people work from home.
Already the richest person in the world, Jeff Bezos saw his net worth leap almost 5 percent after Amazon’s stock reached a new all-time high on Tuesday, with the e-commerce site witnessing unprecedented demand despite widespread shutdowns linked to coronavirus.
On Tuesday, Amazon stock soared 5.3 percent, reaching a new high close to $2,283 per share. So far this year, the market has risen by more than 20 percent, outperforming the benchmark index (the S&P 500 is down more than 12 percent).
Amazon is the first big corporation to recover from the coronavirus market selloff that started at the end of February: this is one out of just 28 companies in the S&P 500.
When the stock of the company rises to a new all-time high, that makes Jeff Bezos, CEO, and founder, noticeably richer: on Tuesday his fortune increased by $6.4 billion, according to Forbes’ estimates.
