The rich get richer. Amid the global pandemic, Jeff Bezos, CEO and founder of Amazon, saw his wealth grow by $24 billion since the world’s been largely in shutdown. This brings his net worth to $143.1 billion, nearly $40 billion higher than the second-place Bill Gates, and almost twice that of Warren Buffett.
As hundreds of millions of people around the world shelter-in-place, the coronavirus pandemic brings Amazon’s core business to more doorsteps than ever before. From April 13 to 17, Amazon’s shares rose 16.4%, with their largest closing price ever on the 16th. Analysts forecast a dramatic 22% increase in revenue for the first quarter, ahead of results being released April 30. Bank of America analysts estimate revenue at $73 billion, translating to $10,000 a second, reports the Guardian.