Jeff Bezos of Amazon trends on Twitter as users debate the possibility of him becoming a billionaire


The richest man in the world will be even richer in a few years, the first trillionaire, and a global pandemic can only accelerate this process.

Jeff Bezos' name was in vogue on Twitter, as a truly dated study looked at projections of the CEO's future wealth at Amazon.com.

Amazon.com
AMZN
+ 0.46%

Sales exceeded $ 75 billion in the first quarter, driven by demand during the pandemic that kept people at home and depended on home delivery services for everything from food to exercise equipment.

According to the Bloomberg Billionaires Index, Bezos' net worth went from $ 125 billion on April 12 to $ 143 billion on May 5, although that was not a higher straight line as the under the table watch.

Jeff Bezos of Amazon trends on Twitter as users debate the possibility of him becoming a billionaire 2

Jeff Bezos' net worth in the last quarter

Bloomberg

He also had to give up a large part of his fortune to his wife during a divorce last July.

Amazon's shares have risen about 28% to date, although the road ahead may be a bit difficult, as the company has promised to spend $ 4 billion or more to develop capabilities. test for all its employees for COVID. -19, "improved cleaning" of its installations; and "higher hourly wages for teams". An additional expense to deal with the pandemic can wipe out the company's profits in the second quarter.

Lily:Amazon executive says he has resigned to protest the layoffs of workers they have denounced

But Amazon is likely to remain a favorite among investors, as the potential for a second wave of viruses and new crashes cannot be ruled out. And this is not bad news for Bezos.

According to a survey by Comparisun, a content and comparison platform for small and medium businesses, Bezos could reach the world's first trillion dollar status by 2026. This survey appears to be at least a few monthsand MarketWatch contacted the company to see if it had updated information.

Here is his chart of the world's wealthiest people and their proximity to the trillion-dollar wealth circle.

Jeff Bezos of Amazon trends on Twitter as users debate the possibility of him becoming a billionaire 3

Explaining its methodology, Comparisun said it had analyzed the market capitalization of the 25 most valued companies on the New York Stock Exchange according to Macrotrends, and the net worth of the 25 richest people in the world, according to Forbes, in both cases by taking the last five years of data (as of September 16, 2019).

They then calculated the average annual growth percentage for the past five years, applying this growth rate for future years to get an idea of ​​how this value would evolve.

Talking about the looming billion dollar state of Bezos was circulating on Twitter on Thursday, and let's say there was a lot of anger, plus an element of respect:

Leave a Reply

Your email address will not be published. Required fields are marked *