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Jeff Bezos is doing quite well for himself in the pandemic … he just became the first person ever to be worth $200 billion.
The Amazon honcho saw his net worth reach the incredible milestone Wednesday, as his company’s stock continues a rock-steady climb that started when the pandemic first reached the United States.
With Amazon’s share price climbing another 2.3% Wednesday to $3,423 per share, Bezos’ net worth soared past the $200 billion benchmark.
It’s incredible … Jeff himself is worth more than huge brands like McDonald’s, Nike and Pepsi. Those companies are valued between $139 bil and $191 bil. Chump change to Bezos.
Jeff’s really cleaning up thanks to the coronavirus … Amazon shares are up more than 100% since March 16, when COVID-19 turned American and global life upside down and steered more folks to online shopping.
Bezos is putting more distance between himself and Bill Gates, who is the world’s second-richest man with a net worth of $123 billion. Bill kinda looks like a panhandler next to Jeff. Sorry, Bill.
Jeff woulda crossed the $200 bil threshold earlier if not for last year’s $137 billion divorce with his ex-wife, MacKenzie … but this feat is definitely better late than never.