YORUBA NEWS
HAUSA NEWS
IGBO NEWS

POPULAR THIS WEEK

FOLLOW US ON GOOGLE NEWS
SEND US NEWS
Thursday, May 22, 2025
  • REPORT A STORY
  • PRIVACY POLICY
  • CONTACT
WITHIN NIGERIA
  • Home
  • Features
  • News Picks
  • Entertainment
  • MORE
    • Gist
    • Articles
    • Videos
No Result
View All Result
WITHIN NIGERIA
  • Home
  • Features
  • News Picks
  • Entertainment
  • MORE
    • Gist
    • Articles
    • Videos
No Result
View All Result
WITHIN NIGERIA
No Result
View All Result
  • Home
  • Features
  • News Picks
  • Entertainment
  • MORE
[adinserter block="17"]

Jeff Bezos becomes world’s richest, Profits amidst coronavirus pandemic

by Davies Ngere Ify
April 8, 2020
in World News
Reading Time: 2 mins read
A A
0
Jeff Bezos becomes world’s richest, Profits amidst coronavirus pandemic

Jeff Bezos

The global pandemic, coronavirus, doesn’t in any way affect Amazon founder Jeff Bezos business as he has just been rated the world’s richest man of 2020.

According to Forbes’ list, as of March 18,

“2,095 billionaires were recorded, 58 fewer than a year ago and 226 fewer than just 12 days earlier, when we initially calculated these net worths. Of the billionaires who remain, 51% are poorer than they were last year. In raw terms, the world’s billionaires are worth $8 trillion, down $700 billion from 2019”.

Topping the list is Amazon founder, Jeff Bezos, for the third year in a row, despite giving $36 billion worth of his Amazon stock to his ex-wife MacKenzie Bezos as part of their divorce settlement last summer.

READ ALSO

Analysis: Trump Policies That are Likely to Affect Africa

Sahel Exodus From ECOWAS: Security, Economic Implications On The Region

Emergence Of Lukarawas Terrorists Group And Security Implications On West Africa Sub-Region

DRC war and security implications on the South Africa Sub-region

Ethiopia/Somaliland Port Deal: Security, Economic Consequences On The Horn Of Africa

Bezos is worth $113 billion, buoyed by a 15% rise in Amazon’s shares since Forbes’ 2019 list. Amazon has been in the spotlight amid the pandemic; it’s hiring 100,000 full- and part-time workers to help meet increased demand from consumers staying home and shopping online.

Bill Gates keeps his spot as number two richest, followed by luxury goods tycoon Bernard Arnault, who knocked Warren Buffett into the number three spot for the first time.

Alice Walton, an heir to the Walmart fortune, is the richest woman, ranked number 9 at $54.4 billion. Altogether 241 women made the list, including 7 who share a fortune with a spouse, sibling or child.

The biggest gainer in dollar terms is Qin Yinglin, the world’s richest pig breeder. He’s ranked No. 43 and is worth $18.5 billion–a $14.2 billion jump since the 2019 list after shares of his Shenzhen-listed Muyuan Foods nearly tripled as the African swine flu reduced the supply of pigs and drove up prices.

Altogether, 267 people who made last year’s list have dropped off as businesses faltered; among the most notable drop-offs is Adam Neumann of WeWork.

Another 21 people died. Still, Forbes found 178 newcomers hailing from 20 countries, including some, like Zoom Video Communications’ founder and CEO Eric Yuan, whose service is booming amid the pandemic.

The U.S. remains the country with the most billionaires, with 614, followed by greater China (including Hong Kong and Macao), with 456.

RELATED STORYPosts

Trump Policies That are Likely to Affect Africa
AFRICA

Analysis: Trump Policies That are Likely to Affect Africa

by Caleb Ijioma
January 31, 2025
AFRICA

Sahel Exodus From ECOWAS: Security, Economic Implications On The Region

by Nnadi Christopher Ikechukwu
December 21, 2024

Discussion about this post

POPULAR THIS WEEK

No Content Available
No Content Available
WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • WHO IS WITHIN NIGERIA?
  • CONTACT US
  • PRIVACY
  • TERMS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

No Result
View All Result
  • Home
  • Features
  • News Picks
  • Entertainment
  • MORE
    • Gist
    • Articles
    • Videos

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName