Even after resigning as CEO of Amazon, Jeff Bezos remains at the top of Forbes' list of billionaires. With an estimated net worth of $ 203 billion according to the Bloomberg Billionaire Index, Bezos's fortune has skyrocketed since he first founded the company in 1994.
At age 57, Bezos is handing over his role to Andy Jassy, ??who is currently CEO of web services at Amazon. While Bezos is taking recent action as CEO, he still has enough sources of income to stay back in first place, as the richest.
As of 2019, the billionaire's fortunes have grown by almost 73%. This monetary increase comes despite him handing over a quarter of the shares of his company to his ex-wife, Mackenzie Scott, during their divorce.
Most of his wealth comes from Amazon, while the rest comes from his other businesses like Blue Origins and the Washington media. According to Business Insider, his fortune is 739,489 times more than that of the average American.
Amazon also flourished during the pandemic, a time during which e-commerce flourished. That year alone, his net worth increased by $ 75 million. During this period, he has also received a lot of criticism, as he was told that his workers do not work in proper conditions.
Bezos's withdrawal from the leadership role marks a major shift in the market as Andy Jassy takes over to be in his place.
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Source: News 18
