Jeff Bezos’s current wealth is the largest that Forbes has recorded in nearly four decades.
Amazon founder and CEO Jeff Bezos’s fortune reached a record beyond the expert's expectations at the end of trading Tuesday, with a net worth of $ 197.8 billion, the largest Forbes has ever recorded in nearly 4 decades.
Amazon was the best performer in the S&P 500 on Tuesday, recording a gain of 4.1%, and the company finished trading at a market value of $ 1.66 trillion.
Bezos, who owns 11.1% of the company’s shares, his wealth increased by about $ 7.2 billion.
Bezos's wealth compared to that of the world richest people
With Amazon stocks rising in recent months, the gap between Bezos’s fortune and that of Bill Gates, the world's second-richest person, has grown to $ 83.8 billion today.
The difference between Bezos and Gates is the same as the wealth of Elon Musk, the world's fifth-richest person with a net worth of $ 85.6 billion. Tesla shares rose 2.8% Tuesday, after rising 11% Monday.
It is reported that Jeff Bezos sold some of his shares earlier this year. In February, the Amazon founder sold $ 1.7 billion of the company's shares. In early August, it sold another $ 3.1 billion in shares. Disclosures submitted to the Securities Commission on Tuesday also revealed that Bezos gave 2,941 shares of Amazon on August 14 - worth $ 9.3 million - to an undisclosed nonprofit.