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MONDAY, JULY 07, 2025
Jeff Bezos crowned again as the world's richest person

Global Economy

TBS Report
08 April, 2020, 02:00 pm
Last modified: 08 April, 2020, 02:07 pm

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Jeff Bezos crowned again as the world's richest person

He managed to keep his position intact even after the most expensive divorce settlement last year with MacKenzie Bezos

TBS Report
08 April, 2020, 02:00 pm
Last modified: 08 April, 2020, 02:07 pm
Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, Massachusetts, US, June 19, 2019/Reuters
Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, Massachusetts, US, June 19, 2019/Reuters

The top position of the Forbes list of billionaires remains unscathed as Jeff Bezos is once again the richest person in the world.

This is the third year a row that the founder and CEO of Amazon has gained this title. He managed to keep his position intact even after the most expensive divorce settlement with MacKenzie Bezos, reports CNN.

His net worth fell $18 billion last year to $113 billion, according to Forbes but Amazon's stock rose 15% last year, helping offset some of that loss.

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MacKenzie Bezos also made her first appearance on the list, thanks to the $38 billion divorce settlement. As part of the settlement, she got 25% of the couple's Amazon stock. She now ranks 22nd on Forbes' list.

In the 34th edition of Forbes it revealed how the pandemic has effected the total net worth and positions of the billionaires.  For the first half of March, 226 people lost their billionaire status and there are 58 fewer billionaires compared to the same time last year.

It said, "Of the billionaires who remain, 51% are poorer than they were last year. In raw terms, the world's billionaires are worth $8 trillion, down $700 billion from 2019,"

The second position is occupied by Microsoft cofounder Bill Gates with a $98 billion fortune, an increase of $1.5 billion. Bernard Arnault, chairman and CEO of luxury magnate LVMH, nudged Warren Buffett out of third place with a $76 billion fortune. At $67.5 billion, Buffett's fortune landed in fourth place.

The world's richest woman continues to be Walmart heir Alice Walton. She's in ninth place with $54.4 billion.

 

Tech / Top News

Jeff Bezos / Amazon CEO / World's richest person / Forbes

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