Tuesday, May 19, 2020

If You Were Concerned For Jeff Bezos, What With the Divorce and the Economy And All, He Is Still On Track To Be A Trillionaire In 2026 (AMZN)

From Business Insider, May 14:

Jeff Bezos is on track to become a trillionaire by 2026 — despite an economy-killing pandemic and losing $38 billion in his recent divorce
  • Jeff Bezos could become the first trillionaire by 2026 if his wealth continues growing at 34% a year, according to an analysis from Comparisun.
  • That's before accounting for the coronavirus pandemic, which has sent the value of his Amazon shares soaring, and despite the $38 billion he lost in his recent divorce settlement.
  • Bezos is worth an estimated $143 billion, thanks to a $28 billion bump in 2020, according to Bloomberg.
  • Bezos' wealth is growing rapidly as Amazon faces increasing criticism from employees and lawmakers over its labor practices.
If Jeff Bezos' personal fortune keeps growing at its current rate, he could become the first trillionaire by 2026 at the age of 62, according to an analysis from the software-review site Comparisun.
Bezos' wealth has been increasing at an average yearly rate of 34% over the past five years, according to Comparisun, and that's despite him turning over Amazon shares worth an estimated $38 billion to his ex-wife, MacKenzie Bezos, as part of their recent divorce settlement.

Comparisun looked at 25 of the richest people and found that only 11 had a realistic shot at becoming trillionaires during their lifetimes. Bezos will likely get there first, but Facebook CEO Mark Zuckerberg could be the youngest, with his current growth rate on pace to put him in the four-comma club by 2036, when he will be 51....
comparisun trillionaires bezos

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