News
Jeff Bezos earns $3.4b in 24 hours
The world’s richest man, Jeff Bezos, has recorded an impressive rise in his net valuation amid strong buying pressures recorded in the world’s biggest eCommerce company, Nairametrics reports.
According to the real-time data retrieved from the Bloomberg Billionaire Index, the 57-year-old American investor earned $3.38b after the close of Tuesday’s trading session, pushing his total net value to $190 billion.
The current wealth valuation of the Amazon founder would buy 101 million troy ounces of gold or 2.63 billion barrels of crude oil at today’s prices.
Prior to MacKenzie Scott’s divorce from the tech billionaire in 2019, Jeff Bezos had 16% of Amazon before a 4% stake was transferred to his ex-wife.
Still, the value of his equity alone at Amazon has soared to about $167b after Amazon Web Services’ operating income recorded impressive growth in recent times with the business generating $13.5b in the year 2020 alone.
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