Jeff Bezos added $13 billion to his net worth on Monday, the largest single-day leap for an person since the formation of the 2012 Bloomberg Billionaires Index.
Amazon.com Inc. shares surged 7.9 percent, the most since December 2018 on rising optimism about web shopping trends, and are now up 73 percent this year.
Jeff Bezos, Amazon’s 56-year-old founder and the world’s richest person, has seen his fortune swell $74 billion in 2020 to $189.3 billion, despite the US entering its worst economic downturn since the Great Depression. Personally, he’s now worth more than the market valuation of giants like Exxon Mobil Corp., Nike Inc., and McDonald’s Corp.
Mackenzie Bezos, his ex-wife, gained $4.6 billion Monday and is now the 13th-richest person in the world.
Many tech titans also enjoy a boom that is driven in part by people forced to stay at home and aided by unprecedented stimulus measures by governments and central banks to lift the markets.
Facebook Inc. Chief Executive Officer Mark Zuckerberg has added almost $15 billion to his net worth so far this year, even as the company deals with brands boycotting ads on the social network.