Jeff Bezos Is the First Person To Be Worth $200 Billion USD

After Amazon stock prices saw a two percent increase.

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Jeff Bezos is officially the first person to have a $200 billion USD net worth.

According to reports, Amazon‘s 2 percent stock increase on August 26 upped the founder’s net worth by $4.9 billion USD, making his total fortune exactly $204.6 billion USD. Forbes notes that Bezos’ fortune may be the largest ever amassed, even after adjusting for inflation.

The continuous rise in Amazon’s stock prices reflects the changing habits of consumers due to COVID-19, showing the increase in online shopping trends. Bezos broke his own record as the richest man alive in July 2020 then followed it up by increasing his net worth by $13 billion USD in one day — all done despite the United States suffering from the weakest economy since the Great Depression.

Bezos is now $90 billion USD ahead of Bill Gates, the second-richest person in the world, who is currently worth $116.1 billion USD.

Elsewhere in tech, Microsoft released a nostalgic Windows 95 video celebrating its 25th anniversary.

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Sophie Caraan is the Managing Editor at Hypebeast, where she sets the editorial direction, standards, and output strategy for the HQ team. With a decade of editorial experience, she brings both a storyteller's instinct and a strategist's eye — spotlighting the figures and movements that shape the culture across a multitude of lanes. Her tenure is marked by high-impact conversations with the likes of RZA, Mads Mikkelsen, CORTIS, Erling Haaland, Kasing Lung, NIGO, and more.

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