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Jeff Bezos is so rich he just set a new record

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  • Jeff Bezos is so rich he just set a new record

    Jeff Bezos is so rich he just set a new record

    New York (CNN Business)The economy might be a shambles, but Jeff Bezos' wallet couldn't tell. He's now worth nearly $172 billion, a new record for the world's richest person, according to Bloomberg Billionaire Index.

    Bezos this week surpassed his previous wealth record that he reached prior to his divorce from his ex-wife MacKenzie. Last year, the couple divorced after 25 years of marriage. She received 25% of the couple's Amazon (AMZN) stock, which is roughly a 4% stake in the company.

    MacKenzie's wealth also hit a record: She's now worth $57 billion, making her the 12th richest person in the world. Her wealth skyrocketed 54% year to date, or an increase of nearly $20 billion, according to Bloomberg's tallies.

    Much of Bezos' wealth is tied to Amazon. He owns roughly 57 million shares, or 12% of the company. And its stock has soared 56% year to date.

    Amazon has benefited from a huge increase in online shopping during the coronavirus pandemic, as brick-and-mortar stores either closed or faced long lines as lockdowns overtook the US this year.

    Bezos' company, which has faced criticism for employee safety and pay, said this week its giving out more than $500 million as a "Thank You bonus" to frontline workers who were with the company throughout the month of June. That move comes after the company eliminated a $2 hourly wage bump and double overtime pay for frontline workers at the end of May.

    Amazon didn't immediately respond for a comment regarding Bezos' wealth.

    https://edition.cnn.com/2020/07/02/i...lth/index.html
    I know he's not the only person involved at Amazon, but one of it's biggest shareholders being this wealthy why the company continues to pay rubbish wages and impossible targets is not a good look.

  • #2
    Gross.

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    • #3
      Originally posted by cheapthrills View Post
      Gross.
      Yea sums it up pretty well.
      I am the maniac, I am the ghoul
      I'm in the shadows in the corners of my room

      Comment


      • #4
        i love amazon... everyone who works there and delivers my great items (always on time) should earn $50/hour.
        My Chart

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        • #5
          Capitalism at its finest.
          Akini's Top 100 Albums of the Decade: [2-1!]

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          • #6
            I've never bought anything off Amazon and it will stay this way.
            I can't stand all these multinational companies.

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            • #7
              I despise Bezos and everything he stands for as well. There are so many people working their asses off to have a somehow decent life, while the dollars are basically flying towards Bezos. I'm not a communist, but these extreme dimensions of wealth should be forbidden by law.
              Is it offensive to fall in love with you and everything you do
              and everything you stand for?
              Could I break through your invisible wall, could I hide my pride for once,
              just to tell you that I see more?

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              • #8
                The rich poor divide has never been bigger.

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                • #9
                  90% wealth tax.

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                  • #10
                    The sky’s the limit.

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