Jeff Bezos gets richer by USD 6.5 billion in a day as investors flock to Amazon

SEATTLE: Despite gloom all over, Amazon saw its stock zooming over 5 per cent to an all-time high of over USD 2,283 per share – leaving the ecommerce giant with USD 1.1 trillion worth and adding USD 6.5 billion to its Founder and CEO Jeff Bezos fortune.

Amazon has been a favourite among ‘sheltered-at-home’ investors because of an unprecedented surge in online orders and the company keeping its workflow going despite health fears among its warehouse workers.

According to a Forbes report on Tuesday, Amazon stock surged 5.3 per cent on Tuesday, hitting a new record close of USD 2,283 per share. The stock is now up over 20 per cent so far this year, outpacing the benchmark index.