Jeff Bezos's fortune surpasses 200 200 billion, world's first event

Seven times more money than the entire budget of Gujarat

New York, Ta. Thursday, August 27, 2020

Amazon owner Jeff Bezos has the most wealth in the world. His fortune rose 4. 4.9 billion in a single day on Wednesday. His net worth stood at 20 204.6 billion.

This is the first case in the world where a single person's wealth has exceeded 200 billion. Of course, their rise is due to a 2 per cent rise in the share price. These assets are not in movable or immovable form, but in the form of their share capital.

If we compare these assets with the budget of Gujarat state, it is found that Bezos alone has seven times more assets than that. If we convert Bezos' wealth into rupees, it amounts to Rs 15.12 lakh crore. In comparison, the state budget of Gujarat for the year 2020-21 was Rs 2.17 lakh crore. Bezos has a net worth of about 87 87 billion since January.

The world's second richest man is Microsoft's Bill Gates. Bezos is 90 90 billion ahead of Gates. Gates has a net worth of 6 116.1 billion. According to Forbes, so far no one's wealth has reached such a hefty figure.

Corona led to a worldwide lockdown and resulted in a huge increase in online shopping. That is why online shopping is booming despite other industries in the world facing recession. The wealth of individuals involved in online shopping is also steadily increasing.