Thread by @BiIndia

#JeffBezos becomes the first person on #Earth to be worth more than $200 billion - by @preeti_msoni

businessinsider.in/thelife/person…

@JeffBezos @amazon

#JeffBezos just became the first person on earth to garner a record $200 billion of wealth. #Bezos isn’t just the wealthiest man but the only person to have that amount of money in modern history.

@JeffBezos

His wealth is double that of the world’s second-richest person and Microsoft founder @BillGates.

56-year old #Bezos is the founder, CEO, and president of @amazon — a multinational company that focuses on a range of businesses from e-commerce to cloud computing and artificial intelligence.

#JeffBezos got wealthier, as the shares of @amazon rose 2% on Wednesday afternoon, pushing his net worth to a record high. He was worth $204 billion, as of 1:50 p.m. EDT

He owns an 11.1% stake in the $1.68 trillion company. A week ago, he sold a billion #Amazon shares for $3.1 billion. His fortune is the highest wealth ever recorded by #Forbes since they started tracking billionaires.

#JeffBezos would have achieved this milestone much earlier had he not gone through an expensive divorce. As part of his divorce settlement, he transferred a quarter of his Amazon’s share to his ex-wife #MackenzieScott.

She now owns 3.8% of the company and is the richest woman in the world.

#Amazon’s share price has surged by 80% since the beginning of the year. People are shopping online now more than ever — filling the deep pockets of both Amazon and Bezos.

According to Forbes, #JeffBezos has earned $86 billion of his wealth in the last 12 months. He was worth $114 billion until September last year. Experts say #Bezos is on his path to become the world’s first trillionaire by 2026.