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| Amazon founder Jeff Bezos has a net worth of $143 billion AFP/GETTY IMAGES |
Jeff Bezos ‘Trillionaire’ Is Trending On Twitter. Here’s Why
Jeff Bezos could become world's first trillionaire, and many people aren't happy about it
TOPLINE Jeff Bezos’ wealth suddenly caught the world’s attention on Wednesday amid ‘claims’ that the world’s richest man is set to become a trillionaire, in part thanks to pandemic-driven demand that has sent Amazon stock soaring.
Bezos was trending on Twitter on Wednesday after a months-old study by small business advice platform, Comparisun, resurfaced, claiming that Bezos net worth could reach $1 trillion by 2026.
But Bezos has a long way to go to become the world’s
The company analyzed the market cap of the highest valued firms on the New York Stock Exchange, as well as Forbes’ 25 richest people. Chinese real estate billionaire Xu Jiayin is second on the study’s list.
But Bezos has a long way to go to become the world’s first trillionaire. At the time of publication, Forbes values the 56-year-old’s net worth to be $143 billion. He owns a 11.2% stake in Amazon, and his wealth has surged upwards from around $125 billion in March.
Amazon is predicted to be one of the winners of the pandemic as demand for online shopping, streaming and delivery services flies.
Sales in the first three months of the year topped $75 billion, up from $60 billion in 2019. The potential for a second wave of the virus and further lockdowns could keep that demand high.
