Jeff Bezos' net worth hits record $171.6B
Bezos likely would have surpassed a $200 billion net worth if not for his expensive divorce
Amazon founder and CEO Jeff Bezos has set a new net-worth record despite both a global pandemic and his 2019 divorce, according to the Bloomberg Billionaires Index.
PROTESTERS SET UP GUILLOTINE OUTSIDE OF JEFF BEZOS' DC HOME
Surging Amazon share prices pushed Bezos' wealth to $171.6 billion, more than his previous record of $167.7 billion that was set on Sept. 4, 2018, according to Bloomberg.
Bezos would have surpassed a $200 billion net worth if not for his expensive divorce, according to Forbes data. The split, which gave Bezos' ex-wife Mackenzie Bezos a 4 percent stake in Amazon, made her one of the wealthiest women in the world with a net worth of $56.9 billion, according to Bloomberg.
Ticker | Security | Last | Change | Change % |
---|---|---|---|---|
AMZN | AMAZON.COM INC. | 198.38 | -4.50 | -2.22% |
Meanwhile, Jeff Bezos owns about an 11 percent stake in Amazon.
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Many billionaires have seen their net worth dip amid the pandemic, although Amazon has cemented its top spot in the e-commerce world as more Americans shop online
Amancio Ortega, the Spanish businessman behind Zara, is down $19.2 billion this year, and Bernard Arnault, head of luxury goods giant LVMH Moët Hennessy, is down $17.6 billion, according to Bloomberg.