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 $138.5 billion. Amazon saw its stock zooming over 5 per cent to an all-time high of over $2,283 per share leaving the e-commerce giant with $1.1 trillion worth and adding $6.5 billion to its Founder and CEO Jeff Bezos fortune.
Amazon has been a favourite among 'sheltered-at-home' investors because of an unprecedented surge in online orders and the company keeping its workflow going despite health fears among its warehouse workers.