Amazon CEO Jeff Bezos' net worth has just crossed the $200 billion mark, as per the Bloomberg Billionaires Index. The companies' share price skyrocketed along with his personal fortune as customers switched to the online retail market amidst the COVID-19 pandemic. Bezos is now $78 billion richer than Microsoft co-founder Bill Gates, who is number two in the ranking. He became the world's richest man in 2018 when his personal wealth was recorded to be above $150 billion. In the second-quarter results, the company racked up revenues worth $88.9 billion, and managed better-than-expected profits.

Source: dna August 27, 2020 04:42 UTC