Jeff Bezos, the 56-year-old founder and CEO of US-headquartered e-commerce large Amazon is the richest man on Earth. The enterprise mogul was named the primary particular person in fashionable historical past to assemble a fortune value over a whopping $100 billion, however that’s not all.

In a single day file, Bezos on Monday lavishly reaped in $13 billion extra to his beforehand estimated web value of round $171 billion.

The numerous influx into Bezos’ kitty is being known as the biggest single-day bounce for a billionaire listed within the 2012 “Bloomberg Billionaire Index”, the media reported.

Since December 2018, Amazon shares have witnessed a surge of seven.9 %. Amid the coronavirus pandemic, Amazon shares are up 73 % this yr as a result of all people is preferring to buy on-line fearing the lethal virus.

On the one hand, the US is struggling to deal with its worst financial disaster for the reason that Nice Melancholy, then again Bezos has managed to shatter all information pertaining to single-day earnings.

Corona-ising the metropolitans

Corona-ising the metropolitans

Just lately, India’s company tycoon Mukesh Ambani secured sixth place among the many world’s high billionaires, days after forsaking American enterprise tycoon and ace investor Warren Buffet. The Indian business chief has additionally overtaken Google co-founder Larry Web page.

In keeping with the Bloomberg Billionaire Index, as of 14 July, Ambani, the chairman and managing director of India’s Reliance Industries, is the sixth wealthiest man on the earth, with $72.four billion.