Jeff Bezos Retains Topspot As World’s Richest Man Despite Costly Divorce

April 12, 2020
19 Views



Amazon founder, Jeff Bezos who has retained his top spot  as he was named the world’s richest man of 2020.

According to Forbes’ list, as of March 18,

“2,095 billionaires were recorded, 58 fewer than a year ago and 226 fewer than just 12 days earlier, when we initially calculated these net worths. Of the billionaires who remain, 51% are poorer than they were last year. In raw terms, the world’s billionaires are worth $8 trillion, down $700 billion from 2019”.

Topping the list is Amazon founder, Jeff Bezos, for the third year in a row, despite giving $36 billion worth of his Amazon stock to his ex-wife MacKenzie Bezos as part of their divorce settlement last summer.

Bezos is worth $113 billion, buoyed by a 15% rise in Amazon’s shares since Forbes’ 2019 list. Amazon has been in the spotlight amid the pandemic; it’s hiring 100,000 full- and part-time workers to help meet increased demand from consumers staying home and shopping online.

Bill Gates keeps his spot as number two richest, followed by luxury goods tycoon Bernard Arnault, who knocked Warren Buffett to go into the number three spot for the first time.

Alice Walton, an heir to the Walmart fortune, is the richest woman, ranked number 9 at $54.4 billion. Altogether 241 women made the list, including 7 who share a fortune with a spouse, sibling or child.

The biggest gainer in dollar terms is Qin Yinglin, the world’s richest pig breeder. He’s ranked No. 43 and is worth $18.5 billion–a $14.2 billion jump since the 2019 list after shares of his Shenzhen-listed Muyuan Foods nearly tripled as the African swine flu reduced the supply of pigs and drove up prices.

Altogether, 267 people who made last year’s list have dropped off as businesses faltered; among the most notable drop-offs is Adam Neumann of WeWork.

Another 21 people died. Still, Forbes found 178 newcomers hailing from 20 countries, including some, like Zoom Video Communications’ founder and CEO Eric Yuan, whose service is booming amid the pandemic.

The U.S. remains the country with the most billionaires, with 614, followed by greater China (including Hong Kong and Macao), with 456.

Share this post with your Friends on


Go Back To The Top


Looking for something? Search below



You may be interested

Edo Decides: Happening in Estako West, Oshiomhole, Shaibu, Audu’s LGA [VIDEO]
News
1 views
News
1 views

Edo Decides: Happening in Estako West, Oshiomhole, Shaibu, Audu’s LGA [VIDEO]

admin - September 19, 2020

This is the current situation of things in Estako West Local Government Area where Adams Oshiomole, the former National Chairman…

News

FG announces N75bn support for 1.7 million Nigerians, businesses from Sept 21

admin - September 19, 2020

Mariam Katagum, Minister of State for Industry, Trade and Investment, has confirmed that the federal government will provide financial support…

Edo 2020: Police lay siege on Wike, other Governors in Benin
News
1 views
News
1 views

Edo 2020: Police lay siege on Wike, other Governors in Benin

admin - September 19, 2020

<!-- Edo 2020: Police lay siege on Wike, other Governors in Benin - ElombahNews HomePoliticsEdo 2020: Police lay siege on…

Leave a Comment

Your email address will not be published.