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It is true that one of the fastest growing companies in the last decade is Amazon. The company achieved success at the hands of its founder Jeff Bezos, who thanks to it has become the richest human on the entire planet. How big is this tycoon’s fortune? Well, enough to exceed the GDP of one of the most important cities in the world.
At the beginning of the week, the value of Amazon shares increased 4.7% after the United States Department of Defense made the announcement of the cancellation with Microsoft’s cloud computing services, according to information from The financial.
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Fortune of Jeff Bezos surpassed important index of Mexico City
This also had an impact on Bezos ‘fortune, because after this announcement, last Tuesday, July 6, Jeff Bezos’ fortune reached $ 211 MMDD, which is equivalent to 4,191 billion pesos, according to the current exchange rate.
According to the Billionaires Index of Bloomberg, Jeff Bezos’ net worth exceeds the Gross Domestic Product (GDP) of Mexico City, which in 2019 was 3,698 billion pesos, according to the National Institute of Statistics and Geography (INEGI). It is important to say that this figure represented 16% of the national GDP (23,012 billion pesos).
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Amazon is one of the most valuable companies
Since its founding and mainly with the expansion of online commerce, Amazon has generated a fortune for Bezos. The company is very close to reaching a market value of $ 2 trillion. At the time of writing, Amazon’s market value is $ 1,876 trillion ($ 1,876,000,000,000 USD), according to information from Yahoo Finance.
It is important to mention that just in February 2020, Jeff Bezos’ wealth was $ 130 MMDD, so in practically 1 year he increased $ 100 MMDD. Bezos announced last year that he would allocate almost 10% of his then fortune (approximately $ 10 MMDD) to an initiative to fight against climate change called the Bezos Earth Fund, as reported The New York Times.
Thanks to its enormous success, Jeff Bezos’ company has even expanded into video games. Among the first efforts to enter this industry are the founding of Amazon Game Studios and the launch of Amazon Luna. However, the company has not had the expected results, since Crucible, for example, it stopped receiving support shortly after its release and New World was recently delayed. However, the company will continue to support Amazon Game Studios.
In case you missed it: Jeff Bezos will soon step down as the CEO of Amazon.
What do you think of these figures? Have you contributed to the increase in the wealth of Bezos? Tell us in the comments.
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Source 1, 2, 3
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