Jeff Bezos Is Still In The Top Richest People Despite Losing $36 Billion In His Divorce Last Year

Dhir Acharya - Jul 03, 2020


Jeff Bezos Is Still In The Top Richest People Despite Losing $36 Billion In His Divorce Last Year

Though Jeff Bezos lost $36 billion to his ex-wife in their divorce last year, Amazon's CEO has got even richer during the COVID-19 pandemic.

During the COVID-19 pandemic, many places around the world are either on lockdown or practicing social distancing. As a result, more people are shopping online than ever and Amazon, the e-commerce giant, seems to benefit the most from this.

Since February 2020, Jeff Bezos has been making carefully calculated moves, solidifying his position in the list of the world’s richest people. Impressively, even after an infamous divorce that cost him $36 billion, the founder of Amazon still successfully increase his wealth.

Jeff Bezos and ẽ-wife Mackenzie Bezos
Jeff Bezos and ẽ-wife Mackenzie Bezos

Bezos owns 11 percent of Amazon’s share and recorded $167 billion as of September 2018. But on July 1, the company’s share price went up by 4.4 percent to $2,878.70, and with that, Bezos’ net worth is now $171.6 billion.

Over the first six months of 2020, while the world and the entire US was suffering from a pandemic, his wealth has risen by $56.7 billion.

Since COVID-19 broke out, Amazon has hired thousands of people but Bezos has been criticized a lot. The criticism is about a number of issues, including asking people to donate to an employee relief fund, hazard pay, and prioritizing profit over workers’ safety.

Jeff Bezos
Jeff Bezos

In fact, Jeff Bezos is not the only one that has got richer. In spite of the somewhat failed launch of the Cybertruck, Tesla’s Elon Musk has experienced an increase of $25.8 billion in his wealth while Eric Yuan, the founder of Zoom Video Communications, has seen his net worth quadruple to $13.1 billion.

Now, Mackenzie Bezos, Jeff Bezos’ ex-wife, is the 12th richest person in the world with a $56.9 billion net worth as she has 4 percent stake in Amazon. She’s also the second richest woman on Earth.

>>> Amazon Offers 20,000 Jobs In India, Here's How To Apply

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