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Jeff Bezos Is Officially The World’s First Person To Worth $200 Billion

The world’s richest person and Amazon CEO, Jeff Bezos has become wealthier as he has been recorded as the first person to ever worth $200 Billion.

He has crossed the milestone previously unseen in the nearly four decades Forbes has been tracking net worths.

With Amazon stock edging up 2% as of Wednesday afternoon, Bezos’ net worth is up by $4.9 billion, making the 56-year-old the world’s first ever person to amass a $200 billion fortune.

As of 1:50 pm on Wednesday, the Amazon founder and CEO is worth $204.6 billion-nearly $90 billion more than the world’s second-richest person, Bill Gates, who’s currently worth $116.1 billion.

Even adjusting for inflation, Forbes believes Bezos’ fortune is the largest ever amassed.

The person to come closest: Bill Gates, who was the world’s first-ever centibillionaire.

Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates’ net worth surpassed $100 billion, roughly $158 billion in today’s dollars.

Fueled by the change in consumer habits as a result of the coronavirus pandemic, Amazon stock is up nearly 80% since the beginning of the year, and Bezos’ net worth, which was roughly $115 billion on January 1, has skyrocketed in tandem.

Bezos’ roughly 11% stake in Amazon makes up more than 90% of his fortune.

He also owns the Washington Post, aerospace company Blue Origin and other private investments.

Bezos would be even richer had he not gone through the most expensive divorce settlement in history last year.

When he split from ex-wife, MacKenzie Scott, last July, he agreed to give her 25% of his Amazon stake, a chunk of stock now worth $63 billion.

Even after giving away $1.7 billion in charitable gifts earlier this year,

Scott is currently the world’s 14th-richest person and second-richest woman, behind L’Oréal heiress Francoise Bettencourt Meyers.

Bezos isn’t alone among tech titans with fortunes surging to massive new heights.

Facebook’s Mark Zuckerberg ended Tuesday as a brand-new centibillionaire, worth $103.1 billion after adding $3.4 billion to his fortune in one day, on Facebook stock gains.

That surge continued early Wednesday afternoon, with Zuckerberg up an astonishing $6 billion just on Wednesday. He’s now worth $109.1 billion.

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Written by Mateen Badru

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