Home / Uncategorized / top 10 billionaires after seeing his personal fortune..

top 10 billionaires after seeing his personal fortune..

Amazon founder Jeff Bezos leads a list of the world’s top 10 billionaires after seeing his personal fortune jumped $13bn (£10.2bn) yesterday, in what is believed to be the largest. Bezos’ net worth has swelled $74bn this year to $189.3bn, according to the Bloomberg Billionaire Index. The Amazon boss saw his wealth surge as his company’s popularity exploded over lockdown.
His personal fortune now eclipses the market valuations of Exxon, Nike, and Mcdonald’s, making him the richest person in the world. The wealth hike comes after Amazon shares gained eight percent yesterday, following upbeat data about online shopping trends, doubled with the potential for fresh or extended lockdowns across the world. Amazon’s shares have now grown 73 percent this year, but Bezos has warned it is not immune to the effects of coronavirus.
In May, the Amazon chief warned that the retailer might not secure a profit in the second quarter of this year, as the e-commerce giant spent billions ramping up warehouse capacity to meet demand and providing personal protective equipment to staff. The company also offered a one-time Thank You bonus totaling over $500m (£394.2m) for its front-line employees and partners throughout June, which boils down to a payout of between $150
Bezos is Amazon’s main shareholder, and owns around 11 percent of the company’s stock, acting as the main propeller for his personal fortune. The company’s valuation now sits at about $1.59trn, making it the most valuable retailer in the world. Amazon now makes up 39 percent of all e-commerce real sales in the US, and five percent of all retail sales altogether.
Bloomberg Billionaires Index Top 10 Billionaire Personal wealth Year to date wealth change 1. Sergey Brin $71.5bn $8.77bn Table based on Bloomberg data Mackenzie Bezos, the Amazon founder’s ex-wife, gained $4.6bn yesterday and is now the 13th-richest person in the world.
Jeff Bezos agreed to give his ex-wife Mackenzie Bezos a four percent share in Amazon in their divorce settlement off Bezos agreed to give his ex-wife Mackenzie Bezos a four percent share in Amazon in their divorce settlement (Getty Images)
The couple’s high-profile divorce last year catapulted her position to the fourth-richest woman in the world after her former husband handed her a four percent share in Amazon that Tesla founder Elon Musk also added $74bn to his personal wealth yesterday, meaning he is now the fifth-richest person on the planet, according to the Bloomberg Billionaires Index.
Other tech giants also calcified their position on the list of the world’s richest people, with Microsoft founder Bill Gates coming in at second with $118bn. Facebook founder Mark Zuckerberg followed in fourth place with $93.1bn to his name, after adding $15bn to his fortune over the year.
Zoom founder Eric Yuan saw his wealth increase tenfold over the year to $13bn, after the demand for the video conferencing app shot through the roof during the pandemic. Zoom broke social media platform Tiktok’s record for the most ever downloads on Apple’s app store last quarter after it was downloaded 94m times from April to June — 40
Percent more than tiktok’s previous record of 67m downloads. The surge added $10bn over the year to Yuang’s personal wealth. Enormous Tech ceos’ carries on with just got significantly less upsetting.
The U.S. House Judiciary Committee declared Friday that it would delay its virtual hearing on Big Tech and antitrust guidelines. Amazon’s Jeff Bezos, Apple’s Tim Cook, Google’s Sundar Pichai, and Facebook’s Mark Zuckerberg were planned to affirm on the subject through a video approach Monday at 12 p.m. E.T.
The meeting is currently postponed. Commemoration administrations for Rep. John Lewis (D-Ga.), the social equality legend who passed on July 17, will be held.
Various administrative boards of trustees have been researching whether the nation’s flow antitrust laws are adequate to administer the uncommon predominance of huge tech organizations and whether organizations have been abusing existing laws. Congress started investigating the issue in 2019. There is no rescheduled date yet. So inhale simple, young men. Until further notice.

About admin

Check Also

Kanpur Encounter: Inside story of gangster Vikas Dubey

Two days after eight policemen, including a Deputy Superintendent of Police, were killed during a …

Leave a Reply

Your email address will not be published. Required fields are marked *