Jeff Bezos' Wallet Just Had a Record-Setting Day

Amazon founder added $13B to his net worth on Monday
By Jenn Gidman,  Newser Staff
Posted Jul 21, 2020 7:24 AM CDT
Jeff Bezos' Wallet Just Had a Record-Setting Day
In this June 19, 2019, file photo, Amazon founder Jeff Bezos is seen during the JFK Space Summit at the John F. Kennedy Presidential Library in Boston.   (AP Photo/Charles Krupa)

How do you treat yourself when you make $13 billion in one day? We'll have to ask Jeff Bezos, who, per Bloomberg, saw that amount added to his net worth Monday, the largest single-day boost to one person's wealth since the Bloomberg Billionaires Index began in 2012. A big part of his newfound windfall: Amazon shares rising 7.9% Monday (they've been up 73% so far this year). The 56-year-old Amazon founder has made $74 billion in 2020, bringing his overall fortune up to nearly $190 billion—more than what Nike or McDonald's is worth. Earlier this year, Business Insider reported that Bezos is on a course to become the world's first trillionaire by 2026.

Meanwhile, Elon Musk also received what the New York Post deems a hefty "pay raise." The SpaceX and Tesla CEO saw his fortune rise by $5 billion Monday, briefly making him the fifth-richest person in the world, with $74.2 billion to his name (ex-Microsoft chief Steve Ballmer has since replaced him in that slot). That's a big jump from No. 20, where he was just a few weeks ago, according to Forbes data. Now the only guys ahead of him are Bezos, Bill Gates, French billionaire Bernard Arnault, and Mark Zuckerberg, who's gained $15 billion so far in 2020, per Bloomberg. (More Jeff Bezos stories.)

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