Amazon CEO Jeff Bezos's Net Worth Tops Pre-Divorce Height: Bloomberg Index

Amazon Inc. AMZN Chief Executive Officer Jeff Bezos's net worth hit an all-time high on Wednesday, topping the pre-divorce levels, according to the Bloomberg Billionaires Index.

The e-commerce company's founder is now worth $171.6 billion after Amazon shares closed nearly 4.4% higher at $2,878.80 in the day.

Bezos's previous record was a net worth of $167.7 billion -- reached in September, 2018, according to Bloomberg.

The 56-year old's wife MacKenzie Bezos had received about 19.7 million Amazon shares as part of their divorce settlement in July last year.

Mackenzie Bezos's shares are worth about $56.9 billion on Wednesday, making her the second richest woman and the twelfth richest person overall on the Bloomberg index.

Amazon's stock has seen a massive surge this year, adding $56.7 billion to Bezos's net worth so far, as the novel coronavirus (COVID-19) pandemic increased the demand for some of its core services, including the e-commerce segment, cloud computing business, and streaming video on demand service Prime Video.

Price Action

Amazon stock closed at $2,878.70, 4.35% higher, on Wednesday and was trading 0.43% higher at $2,891.22 in the pre-markets at press time.

Image: Wikimedia

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!