Amazon founder and CEO Jeff Bezos is already the richest person on the planet. But you might be interested to learn that his net worth has now jumped to a new level.
According to a new report, Jeff Bezos’ net worth has surpassed the $100 billion mark earlier this week. That’s 100,000,000,000 dollars. Can you even imagine having that much money? Me either.
Bill Gates was the last person to reach a 12-figure net worth and that was way back in 1999. And Jeff Bezos is the only person after him to achieve a net worth of more than $100 billion. Obviously this isn’t cold hard cash. His net worth is tied to the performance of Amazon’s stock and some other factors as well.
Amazon’s stock has been performing great. It got a good bump over Black Friday and that’s what pushed Bezos to that 12-figure net worth milestone. Amazon is estimated to have accounted for almost half of all online sales this Black Friday. It is an online monster for sure. Bezos’ net worth could come down if Amazon’s stock price takes a hit, but it is impressive that he hit 12 figures to begin with. It could also soar higher if the stock rally continues.
Source UbergizmoFiled Under: Technology News