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Investing.com – Amazon founder Jeff Bezos saw his net worth rise to a record $200 billion as swashbuckling gains in shares of Amazon bolstered his bank balance.
According to Forbes, that makes Bezos the richest man in the world. Bill Gates comes in second, with about half that.
Shares of Amazon.com (NASDAQ:AMZN), whose origin story from a bookselling marketplace into an e-commerce behemoth, jumped 3%. The rally in Amazon has gathered steam in recent weeks in the wake of the e-commerce giant’s better-than-expected quarterly performance last month as it rode the coronavirus-led panic buying to record sales.
