Jeff Bezos To Become World's First Trillionaire, And Netizens Just Hate It
Aadhya Khatri
Jeff Bezos is about to become the world’s first trillionaire and as it turns out, most people are not so happy with the news
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Jeff Bezos is about to become the world’s first trillionaire and as it turns out, most people are not so happy with the founder of Amazon reaching another mark of wealth, especially after the way Amazon treated its employers when COVID-19 struck.
According to information from Forbes, the billionaire’s net worth is currently $142.8 billion, $40 billion more than Bill Gates, the man holding the second position. However, a recently study conducted by Comparisun suggests his fortune might skyrocket in the next few years.
As stated by the analysis, Jeff Bezos, who owns 11% stake of Amazxon could own $1 trillion by 2026. A year later, another businessman, Xu Jiayin, a Chinese real estate developer, could probably be the second trillionaire. The most likely candidate after Jeff Bezos and Xu Jiayin are Jack Ma, co-founder of Alibaba.
While this study was released way back in March, it was until recently that it got attention from netizens as Amazon continue to gain big as nations are under lockdown as a result of COVID-19.
In the first quarter of 2020, Amazon’s revenue is estimated to be $75 billion.
The idea of Jeff Bezos becoming a trillionaire has irritated lots of people online, especially when the COVID-19 pandemic has made millions become unemployed in the last few months.
Here are some of the reactions in Twitter:
After that, a meme showed up:
Earlier this month, Jeff Bezos announced Amazon would at least spend $4 billion of the profit from 2020’s first quarter to help deal with the global pandemic. Last Thursday, it made public a plan to produce masks and face shields and sell all of them at-cost in the next few weeks.
The pandemic has also triggered a wave of protest at some Amazon facilities across the US concerning hazard pay, safety, and transparency.
Chris Smalls, the organizer of the protest at Staten Island was fired by Amazon in March. It said the reason was Smalls violating the lockdown order while Smalls said it was an act of retaliation.
Later, a leaked memo from Amazon showed that some executives suggest aiming their effort at attacking the man.
Last week, Amazon announced it would put an end to double overtime pay and hazard pay in May. Commenting on this act, Bonnie Watson Coleman, U.S. Representative for New Jersey, said it was atrocious greed in a Tweet.
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