Jeff Bezos becomes first person ever worth $200 billion personal wealth
The world's richest person, Jeff Bezos, is wealthier than he's ever been. Early Wednesday he crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths: With Amazon stock edging up 2% as of Wednesday afternoon, Bezos' net worth is up by $4.9 billion, making the 56-year-old the world's first-ever person to amass a $200 billion fortune.
As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion—nearly $90 billion more than the world's second-richest person, Bill Gates, who's currently worth $116.1 billion.
Even adjusting for inflation, Forbes believes Bezos' fortune is the largest ever amassed. The person to come closest is Gates, who was the world's first-ever centibillionaire. Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates' net worth surpassed $100 billion, roughly $158 billion in today's dollars.
Fueled by the change in consumer habits as a result of the coronavirus pandemic, Amazon stock is up nearly 80% since the beginning of the year, and Bezos' net worth, which was roughly $115 billion on January 1, has skyrocketed in tandem. Bezos’ roughly 11% stake in Amazon makes up more than 90% of his fortune. He also owns the Washington Post, aerospace company Blue Origin and other private investments.
Bezos would be even richer had he not gone through the most expensive divorce settlement in history last year. When he split from ex-wife, MacKenzie Scott, last July, he agreed to give her 25% of his Amazon stake, a chunk of stock now worth $63 billion. Even after giving away $1.7 billion in charitable gifts earlier this year, Scott is currently the world's 14th-richest person and second-richest woman, behind L'Oréal heiress Françoise Bettencourt Meyers.
Bezos isn’t alone among tech titans with fortunes surging to massive new heights. Facebook's Mark Zuckerberg ended Tuesday as a brand-new centibillionaire, worth $103.1 billion after adding $3.4 billion to his fortune in one day, on Facebook stock gains. That surge continued early Wednesday afternoon, with Zuckerberg up an astonishing $6 billion just on Wednesday as of publication time. He's now worth $109.1 billion.
There are now more centibillionaires on the planet than ever. Joining Bezos, Gates and the newly crowned Zuckerberg is LVMH chair Bernard Arnault, who first joined the 12-figure ranks last year. Though his net worth slipped to about $80 billion at the height of the coronavirus pandemic in March, Arnault reclaimed the centibillionaire title in May and today is worth about $115 billion. This makes him the third-richest person on earth–$90 billion poorer than Jeff Bezos.
Report originally published on forbes.com
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New Controversy : Santy Sharma’s Reaction to Khushi Mukherjee’s Video Sparks Conversation
After rapper and singer Santy Sharma's reaction to Khushi Mukherjee's provocative photo/video posts on social media, people on different platforms are now having a heated debate. The comments made by Santy were soon spread across social media and opened the door for conversations surrounding the type of content that is being posted by public figures on social media.
In his view, digital platforms provide a way to express themselves through creativity and art; however, he feels it is important for celebrities/influencers with a large number of followers to be mindful of how their content may be perceived by others. According to him, people who possess a large following online have a level of responsibility regarding the actions they display via their social media and should be cognizant of what type of example they are setting for the youth.
Lastly, creating art should inspire creativity as well as allow users to use their voices to support necessary change in society; therefore, creativity and expression through digital platforms should produce positive social change while still being aware of culture and society's expectations.
At the time of writing, Santy Sharma was discussing how online behaviour has contributed to increased rates of rapes, which stimulated much debate and debate online. Supporters have advocated for improved online etiquette, while others feel he was insensitive in his comments and contradicts the need for sensitivity on these sensitive issues. The controversy has gone beyond social media and increased debate regarding gender-based issues, the ethics of media influence, and the necessity to address serious crimes with appropriate awareness and sensitivity.
Meanwhile, Santy Sharma has also announced his upcoming single titled “I Don’t Care,” which is scheduled to release on 10 March 2026. The track will be available on his official YouTube channel and other major music streaming platforms, creating anticipation among fans who are eager to hear his latest musical release.
