From the look of things technology entrepreneurs seem to be winning despite the global economy fall back. Earlier this week Elon Musk reportedly made $2bn in one week from his shares
Amazon CEO Jeff Bezos added $13 billion to his total assets on Monday. The monetary advancement establishes a precedent for the biggest single-day increment by any one individual since 2012, Bloomberg announced. This one-day increment is likely a consequence of Amazon’s stock bouncing over 7% on Monday in the wake of sliding a week ago.
In spite of the fact that the US economy has contracted in the midst of the corona virus pandemic, Bezos stays one of the world’s most extravagant individuals. He is presently worth $189.3 billion, as per the Bloomberg Billionaires Index. Bezos is apparently on target to turn into the principal trillionaire by 2026.
Amazon’s profit report in April uncovered that the organization’s income bounced 26% to $75.5 billion in the main quarter, well in front of Wall Street desires, because of a flood in client orders in the midst of the pandemic.
Notwithstanding being the CEO of Amazon, an organization esteemed at over $1 trillion this year, Bezos possesses the Washington Post paper and Blue Origin, a rocket and space travel organization he established in 2000. In February, Bezos purportedly burned through $165 million on the Warner Estate, a memorable Beverly Hills property, setting a record high for Los Angeles-zone private land exchanges.