The Amount Jeff Bezos' Net Worth Increased In 2020 Would Be The 14th Largest Fortune In The World Right Now

By on June 23, 2021 in ArticlesBillionaire News

I think we can all agree that 2020 was a weird and intense year. It was for billionaires too, just in a whole other way. The richest people got much, much, much richer. Jeff Bezos, the richest person on the planet, stepped down as CEO of Amazon this year.

Jeff entered 2020 as the richest person in the world and he ended 2020 with a net worth increase that, if it stood alone, would be good enough to make him the 14th-richest person in the world today behind Mukesh Ambani and Amancio Ortega Ganoa.

Bezos' net worth is tied to the value of Amazon's stock, which as of this writing, is trading at $3,453. That's just about double Amazon's price per share at the end of 2019.

MANDEL NGAN/AFP via Getty Images

In 2020, Jeff Bezos' net worth increased by…

$75 billion

That's a truly stunning amount for a single-year increase.

Just a few years ago, that figure alone would have been enough to make him the richest person in the world.

As of this writing, with Amazon trading at $3,453, Jeff's current net worth is…

$201 billion

He's the richest person in the world. HeĀ  tops the second-richest person in the world, Bernard Arnault, by around $25 billion.

Over the years, Bezos has branched out from Amazon. He's the owner of the Washington Post and Whole Foods. He's also committed $10 billion to counter the effects of climate change through the Bezos Earth Fund.

Bezos is also a member of the elite club of billionaires who own space exploration companies. Bezos' Blue Origin is funded with $1 billion a year that he raises by selling off Amazon stock. Jeff recently announced that he and his brother (plus one lucky third passenger) will be traveling to space in the near future on Blue Origin's inaugural ride.

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