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Jeff Bezos Becomes The First Person Ever Worth $200 Billion - Business - Nairaland

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Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Sanchez01: 10:45pm On Aug 26, 2020
The world's richest person, Jeff Bezos, is wealthier than he's ever been. Early Wednesday he crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths: With Amazon stock edging up 2% as of Wednesday afternoon, Bezos' net worth is up by $4.9 billion, making the 56-year-old the world's first-ever person to amass a $200 billion fortune.

As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion—nearly $90 billion more than the world's second-richest person, Bill Gates, who's currently worth $116.1 billion.

Even adjusting for inflation, Forbes believes Bezos' fortune is the largest ever amassed. The person to come closest: Bill Gates, who was the world's first-ever centibillionaire. Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates' net worth surpassed $100 billion, roughly $158 billion in today's dollars.

Fueled by the change in consumer habits as a result of the coronavirus pandemic, Amazon stock is up nearly 80% since the beginning of the year, and Bezos' net worth, which was roughly $115 billion on January 1, has skyrocketed in tandem. Bezos’ roughly 11% stake in Amazon makes up more than 90% of his fortune. He also owns the Washington Post, aerospace company Blue Origin and other private investments.

Bezos would be even richer had he not gone through the most expensive divorce settlement in history last year. When he split from ex-wife, MacKenzie Scott, last July, he agreed to give her 25% of his Amazon stake, a chunk of stock now worth $63 billion. Even after giving away $1.7 billion in charitable gifts earlier this year, Scott is currently the world's 14th-richest person and second-richest woman, behind L'Oréal heiress Françoise Bettencourt Meyers.

Bezos isn’t alone among tech titans with fortunes surging to massive new heights. Facebook's Mark Zuckerberg ended Tuesday as a brand-new centibillionaire, worth $103.1 billion after adding $3.4 billion to his fortune in one day, on Facebook stock gains. That surge continued early Wednesday afternoon, with Zuckerberg up an astonishing $6 billion just on Wednesday as of publication time. He's now worth $109.1 billion.

There are now more centibillionaires on the planet than ever. Joining Bezos, Gates and the newly crowned Zuckerberg is LVMH chair Bernard Arnault, who first joined the 12-figure ranks last year. Though his net worth slipped to about $80 billion at the height of the coronavirus pandemic in March, Arnault reclaimed the centibillionaire title in May and today is worth about $115 billion. This makes him the third-richest person on earth–$90 billion poorer than Jeff Bezos.

https://www.forbes.com/sites/jonathanponciano/2020/08/26/worlds-richest-billionaire-jeff-bezos-first-200-billion/#7db8c1b24db7

34 Likes 3 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Sanchez01: 10:45pm On Aug 26, 2020
As at yesterday, Jeff Bezos net worth was $199.7 Billion. Today, his net worth is $204 billion, meaning he made $200 million in 24hrs; during a pandemic when the world has been halted and most businesses impacted.

Populism benefits the rich, no doubt. Amazon doesn't give warehouse workers paid sick leave. Cost for 2 weeks sick leave: $480M, or 0.6% of fortune Bezos added this year. It cut $2/hour hazard pay. Cost: $140M/month, 0.2% of fortune added.

A disturbing trend is the the federal reserve, which sets the precedence of inflated stock market prices, and account for most of Jeff Bezos' wealth. Abolishing this will beat down inflated stock market prices and prevent this grotesque figure. Getting wealthier during a pandemic looks like something that is realistic only in sci-fis.

This backs my concern...

The fact that Jeff Bezos became the world's first $200 billion man at a time of unprecedented human pain and suffering is morally grotesque.

No. Billionaires should not be allowed to make $800 billion during a pandemic.

Our job: Tax the rich and expand Medicare to all.
- Bernie Sanders
https://twitter.com/SenSanders/status/1298739359013896195

39 Likes 3 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by FahBuLous: 11:46pm On Aug 26, 2020
Make him just carry the whole $200billion find correct 2odds put am, collect $400billion... Too much sense we not kill me ;DMake him just carry the whole $200billion find correct 2odds put am, collect $400billion... Too much sense we not kill me

217 Likes 12 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Sanchez01: 12:00am On Aug 27, 2020
FahBuLous:
Make him just carry the whole $200billion find correct 2odds put am, collect $400billion... Too much sense we not kill me ;DMake him just carry the whole $200billion find correct 2odds put am, collect $400billion... Too much sense we not kill me

“Don't be afraid to be confused. Try to remain permanently confused. Anything is possible. Stay open, forever, so open it hurts, and then open up some more, until the day you die, world without end, amen.”

115 Likes 7 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Nobody: 9:34am On Aug 27, 2020
Thanks to COVID-19

Elon musk just crossed the 100billion mark also, making him the fourth to do so.
Guess COVID-19 is a blessing in disguise for some person's.


Congrats to those who are still making it during this hard times. Congrats to my mother for being one of them even though she isn't as rich as these guys, She is to me.


Install a car tracking device today and let your car feel safe.

We give you a better price you can afford.

24 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Slawormir: 9:34am On Aug 27, 2020
Damnnnnn niggarrr
Na wa o....
That is lot of money...
And na this same life we all dey o...some people nor even get one naira..
This life nor balance at all

And to make the thing worse....some people dey way worth and get money pass even this bezos..... just that them nor want make people know them because the world will questions thier source of wealth
seanwilliam:

There is no living being that get money reach jeff Bezos...
Amazon alone worths over 1.2t$
Ogbeni have you seen dope money....real dope illegal money in South America and Arab countries....

70 Likes 5 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by swiz123(m): 9:34am On Aug 27, 2020
Making 90billion with the help of the pandemic is one of the many evils of capitalism, just like Bernie Sanders rightly opined.

With that said, I will give anything to enjoy the evil capitalism.

40 Likes 5 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Denique(f): 9:35am On Aug 27, 2020
All these billions with their stingy owners sef undecided

If I asked him to give me N10million knowing how VERY useless the naira is to dollars, he wouldn't o...but they are always quick to donate ventilators worth more than that. sad

Dis life nor balance angry

Modified:

Slawo up there looking for how to crack his bank security. Huzzle kee you dia grin
FahBuLous:
Make him just carry the whole $200billion find correct 2odds put am, collect $400billion... Too much sense wee not kill me grin
I doubt the Las Vegas casino can pay such winnings. Dem go go court taya grin

39 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Teewhy2: 9:35am On Aug 27, 2020
To some people making money is not the problem, it is spend it judiciously.

5 Likes 1 Share

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Esseite: 9:35am On Aug 27, 2020
This is very bad for the world economy, it only goes to show one thing... wealth is not evenly being spread.

The past where coys set up in foreign nations to make sales thereby giving employments and building infrastructures is gone, now FX is taken with a simple cellphone and data, while shipping to your doorstep

The multinationals would keep leaving and taking advantage of technology, rather than the give and take balance the world once had.

At this rate, Africa might be re-colonised again if urgent actions are not taken.

20 Likes 1 Share

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by NORSIYK(m): 9:35am On Aug 27, 2020
Thanks to Coronavirus effects that skyrocketed his business
Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by ForeThinker: 9:35am On Aug 27, 2020
Truth is, the best revenge is seeking none at all and investing that energy in your own health and progress, prioritising personal goals you've been neglecting, and working toward creating a passionate, prosperous and fulfilling future of your own.

38 Likes 4 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Pavicx(m): 9:35am On Aug 27, 2020
This life nO balance..am here thinking of how to buy stuffs without spending money at hand...

Since yOung bloOd grOwn
Had to hustle for the least dollar
Regularly surviving on last card
I'm bleeped up
The pride's low
Looking at the world like:where do we go from here?

But since God got us then we definitely be alright

6 Likes 1 Share

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Perfecttouchade: 9:35am On Aug 27, 2020
Great
Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by milkyworld(m): 9:35am On Aug 27, 2020
Agba!!!! Twale! Twale!

1 Like

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Melodriod(m): 9:35am On Aug 27, 2020
Fada lord ��
One person

34 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Offpoint: 9:36am On Aug 27, 2020
Fun facts:

No matter how many human beings you sacrifice for ritual, you can never make such in 567,895 years to come

No matter how many countries you "Bomb" as an internet fraudster, you can never make such amount in 685, 876 years to come.

No matter the numbers of Academical Degrees you've obtained, you will never make such money in 757,875 years to come.

No matter the amount of fasting and prayers you offer, you can never make such money in 864,085 years.


BRAIN

To know how scary this money is, convert to Naira and try to pronounce the figure.

80 Likes 8 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by IMASTEX: 9:36am On Aug 27, 2020
Good

1 Like

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by MANNABBQGRILLS: 9:36am On Aug 27, 2020
We are coming behind closely.

SoHelpUsGod.

Hardwork pays...........

2 Likes 2 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by AlwaysMotun: 9:36am On Aug 27, 2020
So, what do we call this now? Ultra Rich? If you look at the top 3 guys up there, they have technology based business and even in the days of pandemic, there is no stopping them at all! Happy for u my guy but sha no forget your promise to me sha...

4 Likes 1 Share

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by GamalNasser: 9:36am On Aug 27, 2020
Vanity crew in 5 4 3 2 1....... Vanity upon Vanity grin grin grin

Before you Sha join vanity crew try and have vanity first ooo

1 Like 1 Share

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Nobody: 9:36am On Aug 27, 2020
FahBuLous:
Make him just carry the whole $200billion find correct 2odds put am, collect $400billion... Too much sense we not kill me ;DMake him just carry the whole $200billion find correct 2odds put am, collect $400billion... Too much sense we not kill me

Gambling is a nice way of partingpeople from their money without it being theft

Plus Bezos type millionaires don't gamble.

9 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by MANNABBQGRILLS: 9:36am On Aug 27, 2020
Melodriod:
Fada lord ��
One person
Type those figures in words.....okay!

4 Likes 2 Shares

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by crossfm: 9:36am On Aug 27, 2020
Too much money.Sir I tap from your current grin

3 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by frankmoney(m): 9:36am On Aug 27, 2020
Na wa o.....seems Amazon is really profitable

1 Like

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by Hypnotise: 9:36am On Aug 27, 2020
This one loud oo
Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by olaric(m): 9:37am On Aug 27, 2020
Wow
Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by KayCee92(m): 9:37am On Aug 27, 2020
No kind calculation wey I never see for this man money grin

2 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by MrSensor(m): 9:37am On Aug 27, 2020
Let me calculate 200 billion dollars into our own naira.

28 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by azraeljaheel: 9:37am On Aug 27, 2020
God please and am here hoping for money just to eat..

see person worth cry cry cry cry


this life no balance

to the person under me, rather than hate/envy be inspired grin

2 Likes

Re: Jeff Bezos Becomes The First Person Ever Worth $200 Billion by moneyissweet(m): 9:37am On Aug 27, 2020
Covid19 Fraudsters.

1 Like

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