After the surge of 4.4% on Wednesday, 1st July 2020, Jeff Bezos has made a higher recording of $171.6 billion. His net worth has skyrocketed and as he had given up a quarter of his stake in Amazon to his ex-wife as a divorce settlement, Mackenzie Bezos has become the 2nd richest woman in the world, with the first being L’Oréal heiress Francoise Bettencourt Meyers.

Jeff has broken his own previous wealth record, which was $167.7 billion on 4th September 2018, before his divorce. He has gained $56.7 billion this year alone, with the latest surge being only $2,878.70 per share.

Amazon has still not made any comments about its founder growing wealth. But recently it had announced to spend $500million to give one-time $500 bonuses to most front-line workers, after receiving waves of complaints.

Bezos owns 11% percent of Amazon stock, which is the reason behind most of his fortune, and the upsurge in share values occurred in the pandemic as all and increasing consumers shifted to ecommerce.

Whereas the pandemic is leading millions around the globe to unemployment, CEOs such as Bezos seem to be growing richer by the minute. On one hand, companies are facing their biggest in history whereas on the other, others are making new records.

Amancio Ortega, the owner of the Zara fast-fashion brand, lost $19.2 billion. Warren Buffett, the chairman of Berkshire Hathaway Inc. lost $19 billion. And, Bernard Arnault of French luxury-goods is down by $17.6 billion.

Mackenzie Bezos has a net worth of $56.9 billion now. Elon Musk, the CEO of Tesla, earned $25.8 billion this year. The founder of Zoom Video Communications Inc, Eric Yuan’s wealth almost quadrupled to $131.1 billion because of all the online classes and people working from home.

The collective net worth of the world’s 500 richest people is now $5.93 trillion, which was $5.91 trillion at the beginning of the year.