These Two Tech Billionaires Have Made More Than $20 Billion This Year

By on July 28, 2017 in ArticlesBillionaire News

Jeff Bezos and Mark Zuckerberg have had a very good year. The founders and CEOs of Amazon and Facebook have seen their already astronomical net worths skyrocket in 2017. Combined, the two billionaires have added more than $40 billion to their bank accounts.

Amazon and Zuckerberg's businesses are thriving and as a result, each have seen their fortunes grow by more than $20 billion each. Bezos has added $22.6 billion so far this year. This makes his net worth $85 billion and gives him the title of the second richest person in the world. Only Bill Gates ($90 billion) is wealthier.

Zuckerberg's net worth has risen by $20.1 billion so far this year. His $50 billion net worth makes him the fifth richest person in the world.

Bezos has 93% of his net worth tied up in Amazon stock whereas Zuckerberg has 96% of his wealth tied up in Facebook stock. Both companies are performing strongly so far in 2017, leading to this giant bump in their founders' networth. Amazon stock is up 36% year to date with Facebook stock up 41% so far in 2017.

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She has written for Los Angeles Magazine, Your Tango, Thinknum Media, and various airline magazines. Follow her on Facebook.
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