Jeff Bezos gains US$24bil while world’s rich reap bailout rewards

Leading the group of billionaires is Bezos, who has added almost US$24bil (RM103.84bil) to his fortune in 2020. — AFP

The world’s richest person is getting richer, even in a pandemic, and perhaps because of it.

With consumers stuck at home, they’re relying on Jeff Bezos’s Amazon.com Inc more than ever. The retailer’s stock climbed 5.3% to a record Tuesday, lifting the founder’s net worth to US$138.5bil (RM599.22bil).