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Jeff Bezos Is The First Person Worth $200B Thanks To Amazon Stock's Run

The world's richest man became even richer on Wednesday and set a new record thanks to the continued success of Amazon.com, Inc. (NASDAQ: AMZN) stock.What Happened: Forbes reports that Amazon founder and CEO Jeff Bezos is now worth about $204.68 billion, gaining $4.9 billion earlier in the day. He became the first to hit the $200 billion wealth amount.Forbes has tracked the wealth of individuals for four decades and believes this is a record even with inflation.Amazon shares have climbed 81% in 2020, closing Wednesday at $3,441.85. Bezos gets 90% of his tracked net wealth from his 11% stake in Amazon shares. He also owns The Washington Post and Blue Origin.See Also: Why Bezos Selling B In Amazon Shares Is Anything But Earth-ShakingLast year, Bezos was part of the largest divorce settlement in history when he separated with wife MacKenzie Scott. Bezos gave 25% of his AMZN shares to Scott. That stake is now worth $63 billion. Scott has given away $1.7 billion of her shares, but remains the second richest woman in the world and 14th richest person.Big Boys Club: Microsoft Corporation (NASDAQ: MSFT) founder Bill Gates became the first centibillionaire in 1999. With inflation, Forbes believes that would be worth $158 billion today. Gates is the second richest man in the world with a wealth of $116.1 billion.Facebook Inc (NASDAQ: FB) founder Mark Zuckerberg became a brand new centibillionaire on Tuesday hitting a wealth of $103.1 billion.See more from Benzinga * Google Continues Health Care Push With Telehealth, Health Insurance Deals * 'Fall Guys' Going Mobile In China Thanks To Bilibili * Discovery To Go Direct To Consumers With Streaming Service(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The world’s richest man became even richer on Wednesday and set a new record thanks to the continued success of Amazon.com, Inc. (NASDAQ: AMZN) stock.” data-reactid=”19″>The world’s richest man became even richer on Wednesday and set a new record thanks to the continued success of Amazon.com, Inc. (NASDAQ: AMZN) stock.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="What Happened: Forbes reports that Amazon&nbsp;founder and CEO Jeff Bezos is now&nbsp;worth about $204.68 billion, gaining $4.9 billion earlier&nbsp;in the day. He became the first to hit the $200 billion wealth amount.” data-reactid=”20″>What Happened: Forbes reports that Amazon founder and CEO Jeff Bezos is now worth about $204.68 billion, gaining $4.9 billion earlier in the day. He became the first to hit the $200 billion wealth amount.

Forbes has tracked the wealth of individuals for four decades and believes this is a record even with inflation.

Amazon shares have climbed 81% in 2020, closing Wednesday at $3,441.85. Bezos gets 90% of his tracked net wealth from his 11% stake in Amazon shares. He also owns The Washington Post and Blue Origin.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See Also: Why Bezos Selling B In Amazon Shares Is Anything But Earth-Shaking” data-reactid=”27″>See Also: Why Bezos Selling B In Amazon Shares Is Anything But Earth-Shaking

Last year, Bezos was part of the largest divorce settlement in history when he separated with wife MacKenzie Scott. Bezos gave 25% of his AMZN shares to Scott. That stake is now worth $63 billion. Scott has given away $1.7 billion of her shares, but remains the second richest woman in the world and 14th richest person.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Big Boys Club: Microsoft Corporation (NASDAQ: MSFT) founder Bill Gates became the first centibillionaire in 1999. With inflation, Forbes believes that would be worth $158 billion today. Gates is the second richest man in the world with a wealth of $116.1 billion.” data-reactid=”29″>Big Boys Club: Microsoft Corporation (NASDAQ: MSFT) founder Bill Gates became the first centibillionaire in 1999. With inflation, Forbes believes that would be worth $158 billion today. Gates is the second richest man in the world with a wealth of $116.1 billion.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Facebook Inc (NASDAQ: FB) founder Mark Zuckerberg became a brand new centibillionaire on Tuesday hitting a wealth of $103.1 billion.” data-reactid=”30″>Facebook Inc (NASDAQ: FB) founder Mark Zuckerberg became a brand new centibillionaire on Tuesday hitting a wealth of $103.1 billion.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="See more from Benzinga” data-reactid=”31″>See more from Benzinga

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.” data-reactid=”36″>© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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