Jeff Bezos gains US$24bil while world’s rich reap bailout rewards


Leading the group of billionaires is Bezos, who has added almost US$24bil (RM103.84bil) to his fortune in 2020. — AFP

The world’s richest person is getting richer, even in a pandemic, and perhaps because of it.

With consumers stuck at home, they’re relying on Jeff Bezos’s Amazon.com Inc more than ever. The retailer’s stock climbed 5.3% to a record Tuesday, lifting the founder’s net worth to US$138.5bil (RM599.22bil).

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Jeff Bezos , billionaires

   

Next In Tech News

Entrepreneurs at start-up show hopeful funding bottlenecks ease in 2025
'Minecraft' to come to life in UK and US under theme park deal
Instagram will let users reset their content recommendations
All Touch 'n Go eWallet users must complete eKYC verification by Dec 20 to maintain access
Microsoft unveils software to ease AI app development, model switching
Bitcoin breaches $94,000 for the first time
How to save your Google Maps location history
Kadokawa shares jump 16% after news of Sony talks
Some US shoppers are considering making big purchases like cars and iPhones before Trump's proposed tariffs. Is it necessary?
Qualcomm expects $12 billion in revenue from autos, PC chips in five years

Others Also Read