Jeff Bezos raised his income by adding $33 billion to his net worth in this year. Today, he is one of those fortunate individuals whose net worth has hit $100 billion mark. Back in 1999, it was Bill Gates who was able to touch this mark. Knowing about the wealth standings of all billionaires, it seems Bezos will continue to remain on the top spot for a while.
Jeff Bezos, the founder of Amazon.com, Inc., has seen his company grow at an exponential rate and accomplishing all the targets. The stock of Amazon has increased 2 points in the share market after a spectacular Black Friday sales figures for the online retailer. This has now propelled him to the top of the list, with a gain of $2.4 billion on the world’s wealthiest list and topping out at $100.3 billion.
According to the report, the online spending pulled up 18.4 percent over the last year and the remaining festive days of the year will continue to boost the online purchases. Amazon will keep attaining new goals in the coming weeks. Amazon founder reached this milestone at the age of 53, the same feat that was achieved by Bill Gates of Microsoft Corp. when he was 44. Bezos’s fortune grew tremendously this year and after Black Friday, he has registered the highest surge accumulating $32.6 billion to his name as shown on Bloomberg Billionaires Index, the daily ranking of World’s 500 richest people. In just one week, Amazon stock climbed 5 percent on the trading board at the stock market.
After Black Friday Sale
Jeff Bezos got the tag of world’s richest man and he will start receiving questions on his plans to spend this wealth. Unlike other billionaires, Founder of Amazon has neither pledged his wealth to charity nor has he done too much about it so maybe he’ll invest more in the business and expand it. However, Bezos tweeted a request asking for ideas on philanthropy and how he can help people out there who need help and previously in 2002, Bezos gave his shares worth $500 million at current prices for charitable missions.
Apart from social work and charity, he stated that “he gives $1 billion to his space program called Blue Origins, LLC by selling his shares every year. Based in Kent, Washington, this company manufactures spaceflight systems and offers guided missiles and space vehicles.