Jeff Bezos’s fortune soars to an all-time high, even after the most expensive divorce in history

Amazon has been on a tear, with the pandemic accelerating the consumer shift to e-commerce from brick-and-mortar retail. Bezos owns 11 per cent of the stock, which comprises the bulk of his fortune.

Most of those with the biggest wealth gains also hail from the tech sector. They include Tesla chief executive officer Elon Musk, who added $US25.8 billion to his fortune since January 1, and Zoom Video Communications founder Eric Yuan, whose wealth has almost quadrupled to $US13.1 billion.


Mackenzie Bezos, who acquired a 4 per cent stake in Amazon after the couple split, has a net worth of $US56.9 billion and climbed to No. 12 in Bloomberg’s ranking. She recently leapfrogged Alice Walton and Julia Flesher Koch to become the world’s second-wealthiest woman, and now trails only L’Oreal heiress Francoise Bettencourt Meyers.

Not every billionaire has come out ahead this year. Spain’s Amancio Ortega, the titan behind the Zara fast-fashion brand, has lost $US19.2 billion, the most of anyone on the Bloomberg index. Berkshire Hathaway chairman Warren Buffett has dropped $US19 billion and French luxury-goods tycoon Bernard Arnault is down $US17.6 billion.

Leave a Reply

Your email address will not be published.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