Business & Finance

Amazon's Jeff Bezos amass record $13bn in a single day

  • Amazon founder Jeff Bezos has seen his net worth increase by $74 billion to $189.3 billion this year.
Published July 22, 2020

Jeff Bezos, tech mogul and head of the online trading company Amazon, has amassed a fortune of $13 billion in a day, which is the largest increase in a single day for any individual.

The global pandemic of coronavirus alongside being a health concern has been threatening the global economy, but if anyone has really benefited from the pandemic it has been Amazon founder Jeff Bezos.

According to the Bloomberg Billionaires Index, Amazon founder Jeff Bezos has seen his net worth increase by $74 billion to $189.3 billion this year.

Keep in mind that a majority of shopping malls and markets are closed amid the lockdown measures imposed by governments across the globe to mitigate the impact of coronavirus, which has led to a rapid increase in the trend of online shopping and the online trading company Amazon seems to be doing a very good job in this regard.

The online retailer has expanded itself into diverse fields ranging from cloud computing, online video, computing hardware, and artificial intelligence.

Recently, Jeff Bezos donated $100 million to the US Food Bank, which is working to feed unemployed people in the United States due to the coronavirus.

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salman hasan Jul 22, 2020 08:40pm
what is he going to do with all that wealth..... buy heaven???
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