- Amazon CEO Jeff Bezos is now worth more than $200 billion, according to Forbes and Bloomberg.
- Bezos has more wealth
than anyone else has ever had, even when adjusted for inflation, Forbes
reported. At the height of the dot-com boom, Gates was worth an
estimated $158 billion in today's dollars, according to Forbes.
- The milestone comes as Amazon continues to thrive during the COVID-19 pandemic thanks to a surge in online sales.
- Bezos's worth is now 1% of American GDP.
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.
His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)