The rest is spread between his investment in rocket company Blue Origin, various homes around the country, the Washington Post newspaper and a host of investments in at least two dozen tech and biotech companies. Nearly 90% of his fortune-about $176 billion-lies in his 10% stake in Amazon, Forbes estimates. Since 2019, Bezos’s fortune has increased by 73%- despite the fact that he gave one-quarter of his Amazon stock to his ex-wife MacKenzie Scott when they divorced that year. Elon Musk briefly overtook Bezos as the world’s richest in January this year, and LVMH chief Bernard Arnault of France did the same in May, but surging Amazon stock put him back on top again. He’s stayed on top of the list since then, particularly as the pandemic pushed Amazon shares to new heights. He beat out Bill Gates, Warren Buffett and Mark Zuckerberg, becoming the first person to amass a 12-figure fortune on Forbes’s annual ranking of the 400 richest Americans. Bezos became the wealthiest person in the world in 2018 when his net worth doubled, jumping from $81.5 billion in October 2017 to $160 billion the following October, thanks to Amazon’s soaring stock price. Amazon responded at the time saying it has a policy of refusing to sell books framing LGBTQ identities as mental illnesses.ĭespite recent hurdles and antitrust concerns, Amazon’s stock price continued to skyrocket, rewarding its founder with an ever-increasing fortune. Antitrust regulators are investigating the company, labor activists are seeking to unionize Amazon’s sprawling network of warehouses, progressive lawmakers have publicly slammed Bezos’s massive wealth and conservatives denounced Amazon’s decision earlier this year to remove a book on transgender issues. Amazon’s sheer size and growing influence has drawn criticism from all corners of the political spectrum.
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