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Jeff Bezos sets record with wealth of nearly $172 billion
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Jeff Bezos sets record with wealth of nearly $172 billion

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Jeff Bezos

Amazon founder Jeff Bezos.

The economy might be a shambles, but Amazon founder Jeff Bezos' wallet couldn't tell. He's now worth nearly $172 billion, a new record for the world's richest person, according to Bloomberg Billionaire Index.

Bezos this week surpassed his previous wealth record that he reached prior to his divorce from his ex-wife MacKenzie. Last year, the couple divorced after 25 years of marriage. She received 25% of the couple's Amazon stock, which is roughly a 4% stake in the company.

MacKenzie's wealth also hit a record: She's now worth $57 billion, making her the 12th richest person in the world. Her wealth skyrocketed 54% year to date, or an increase of nearly $20 billion, according to Bloomberg's tallies.

Much of Bezos' wealth is tied to Amazon. He owns roughly 57 million shares, or 12% of the company. And its stock has soared 56% year to date.

Amazon has benefited from a huge increase in online shopping during the coronavirus pandemic as brick-and-mortar stores either closed or faced long lines as lockdowns overtook the United States this year.

Bezos' company, which has faced criticism for employee safety and pay, said this week it is giving out more than $500 million as a "Thank You bonus" to frontline workers who were with the company throughout the month of June. That move comes after the company eliminated a $2 hourly wage bump and double overtime pay for frontline workers at the end of May.

The-CNN-Wire

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