The world’s richest man got richer by $12 billion

Amazon CEO and the world’s richest man Jeff Bezos has got richer. Riding on Amazon’s quarterly results, the company’s market capitalisation crossed the coveted $1 trillion mark. What the surge in Amazon’s market value and share prices did was increase Bezos’ net worth as well. As per a report by CNBC, Bezos’ personal net worth rose roughly by $12.6 billion. Bezos, as per CNBC, owns about 57 million shares of Amazon, which he can sell.
As per Bloomberg Billionaires Index, Bezos remains the world’s richest man with a total estimated net worth of $116 billion. Bill Gates, co-founder of Microsoft, is second on the list with a similar net worth as Bezos.
Meanwhile, Amazon became the fourth US company to hit the $1 trillion market capitalisation value. The first US company to do so was Apple followed by Microsoft and Google.