A businessman may become the first “trillionaire” in the world
At a time when the world economy is heading towards a major contraction due to the emerging epidemic of the Coronavirus, Jeff Bezos, the founder of Amazon, is heading to become the first trillionaire in the world, according to the “Hisnubity” website.
The website quoted a study by Conteision Corporation that the wealth of the Amazon CEO is growing steadily, to the point that it is expected to become a trillionaire by 2026.
As its customer base continues to be isolated due to Corona, Amazon has seen a surge in demand over the past months, resulting in revenues of $ 75.5 billion in the first quarter of 2020.
Comparison analyzed data from the Forbes list of the world’s richest men, to calculate the annual wealth growth rate of the world’s rich.
The first trillionaire in the world .. who will be?
Amid the economy collapsing due to the coronavirus pandemic, Jeff Bezos is expected to smell roses-like – and reach the high position of the world’s first trillionaire, according to the research.
Amazon’s founder – whose fortune is estimated at $ 143 billion, up from $ 125 billion on April 12, according to the Bloomberg billionaire index – was popular on Twitter after recent research indicated that it could achieve this feat by 2026.
Ecommerce giant sales exceeded $ 75 billion in the first quarter, driven by growing demand during the epidemic that kept people at home and relying on home delivery services, according to MarketWatch.
The comparison, a small business advice platform, said it analyzed the market value of the 25 most valuable companies on the New York Stock Exchange according to Macrotrends, and the net worth of the 25 richest people in the world according to Forbes.
The report then calculated the average annual percentage growth over the past five years and applied this growth rate to get an idea of how this value might change in the future, according to the report.
Bezos, which has an 11 percent stake in Amazon, has been the richest person in the world since 2017. He is also one of the five richest people in the world who have not lost money this year as a result of a coronavirus, according to Esquire.
If his net worth reaches $ 1 trillion, then it will be more than the individual GDP of 179 countries with a total population of 3.4 billion – 43.7 percent of all human beings alive.
Also noteworthy is that Bezos had also had to give away much of his fortune to his wife from last year’s divorce suit.
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