Jeff Bezos Adds Record $13 Billion in Single Day to Fortune

Jeff Bezos added $13 billion to his net worth on Monday, the largest single-day jump for an individual since the Bloomberg Billionaires Index was created in 2012.

Amazon.com Inc. shares surged 7.9%, the most since December 2018 on rising optimism about web shopping trends, and are now up 73% this year.

Jeff BezosPhotographer: Andrew Harrer/Bloomberg

Bezos, Amazon’s 56-year-old founder and the world’s richest person, has seen his fortune swell $74 billion in 2020 to $189.3 billion, despite the U.S. entering its worst economic downturn since the Great Depression. He’s now personally worth more than the market valuation of giants such as Exxon Mobil Corp., Nike Inc. and McDonald’s Corp…

— Read on www-bloomberg-com.cdn.ampproject.org/c/s/www.bloomberg.com/amp/news/articles/2020-07-20/jeff-bezos-adds-record-13-billion-in-single-day-to-his-fortune

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By Economist Lassi Pensikkala - International and cross-cultural news writer: Business, Travel, and Golf

Lassi Pensikkala is the creator of AmerExperience.com. He writes regularly providing thought leadership on topics related to Travel, Golf, and International Cross-cultural Business. You can follow him on Telegram or connect on Linkedin. You can read his travel, business and golf news in Google News, Flipboard, and Social media. Expertise: International Travel and Business Expert, Creator of AmerExperience.com and Avid Golfer - Education: Studied Foreign Trade in Business College of Turku Finland, and Economy, Psychology and Sociology at the University of Hamburg graduated as MSc(Econ) - Language skills: Multilingual - English, German, Spanish, Swedish and Finnish - Life philosophy: “Live freely, seek knowledge, and be open to the richness of life’s experiences.” Lassi Pensikkala, hailing from Finland, has devoted four decades to living abroad. His curiosity to learn about other countries, cultures, and languages began at a very young age. The late 1950s and the '60s marked the golden era of Rock'n Roll, student movements, and the first moon landing. Nordic people enjoyed the freedom to travel seamlessly among Scandinavian countries, including Finland, without the need for passports. This enduring sense of freedom remains paramount for Scandinavians today. True freedom involves exploring, learning about new countries and languages, and connecting with diverse people. -

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