Jeff Bezos is the living exemplification of the familiar maxim that “the rich get richer,” with the Amazon founder’s net worth on Wednesday outperforming the $200 billion mark for the first time.
Bezos’ own riches rose to its present amazing level as the stock cost of his e-commerce organization hit a record high of $3,438 per share.
Simultaneously, a convention in Tesla shares has pushed CEO Elon Musk’s net worth above $100 billion, as indicated by the Bloomberg Billionaire Index, a ranking of the 500 wealthiest individuals on the globe.
The acceleration of riches is especially clear at the upper finish of the index and is to a great extent driven by an assembly in tech stocks, as the coronavirus prompts customers to accomplish a greater amount of their purchasing online.
Facebook’s Mark Zuckerberg, for example, additionally observed his net riches outperform $100 billion this month.
Broadening income inequality has filled endeavors to restrict the gap by progressive legislators including Senator Bernie Sanders, who this month proposed legislation to tax “extreme” riches gains in the midst of the continuous pandemic.
The way that Jeff Bezos turned into the world’s first $200 billion man during a period of extraordinary human pain and enduring is morally grotesque.
No. Billionaires ought not be permitted to make $800 billion during a pandemic.
Bezos, who began Amazon in 1994, has been the wealthiest individual on the planet since 2017.
Microsoft founder Bill Gates is the second most extravagant individual in the world, having amassed a personal fortune now worth $124 billion.
Apple CEO Tim Cook recently became a billionaire as the market cost of his organization — the most significant on the planet — flooded to $2 trillion. Cook’s net worth isn’t so much as a fourth of that of the individual at the base of the Bloomberg list, Indian industrialist Vikram Lal, whose individual riches is assessed at $4.5 billion.