• Mission
  • Contact Us
  • Privacy Policy
  • Subscribe
  • Terms of Service
Conscious Life News
5-day Holosync Challenge
  • Home
  • Conscious Living
    • Activism
    • Animals and Pets
    • Conscious Evolution
    • Conscious Parenting
    • Happiness & Humor
    • Inspirational
    • Manifestation / LOA
    • Meditation
    • Peace & Human Rights
    • Relationships & Sex
    • Thrive
  • Economy
    • Business
    • Education
    • Loans and Frugal Living
    • Investing and Insurance
  • Environ.
    • Climate Change
    • Eco-Friendly
    • Farming & Gardening
    • Environmental Hazards
    • Nature & Wildlife
    • Preparedness
  • Govt.
    • Agencies & Systems
    • The Fed & Banking Cartel
    • Censorship
    • Govt. Corruption
    • Internet Control
    • Military Industrial Complex
    • Policies
    • Politics
    • Govt. Surveillance
    • Whistleblower
  • Health
    • Alternative Health Care
    • Big Pharma, CDC & FDA
    • COVID-19 Vaccine
    • Diet, Weight Loss, Obesity
    • Exercise and Fitness
    • Food, Drink & Nutrition
    • Healing & Natural Remedies
    • Herbs, Seeds & Spices
    • Human Energy Systems
    • Longevity & Life Extension
    • Mind-Body Connection
    • Pet and Animal Health
    • Prevention
    • Skin & Hair Care
  • Horoscopes
  • Media
    • Alternative Media
    • Books
    • Art and Music
    • Corporate Controlled Media
    • Films & TV
    • Internet
    • Social Media
  • Reality’s Edge
    • Afterlife & Past Lives
    • Ascension
    • Astrology & Numerology
    • Channeling & Readings
    • Dreams, ESP & Remote Viewing
    • Dying, NDE, & OBE
    • ETs, UFOs & Crop Circles
    • Mandela Effect
    • Mysteries
    • Predictions & Prophecies
    • Quantum Physics
    • Reality Shifts & Timelines
    • Spirituality and Religion
    • Angels & Spirits
  • Sci-Tech
    • Archaeology
    • Earth & Space
    • Futurism & Inspiring Inventions
    • Medical Advances & Procedures
    • Nature
    • Psychology-Psychiatry
    • Science
    • Technology
No Result
View All Result
  • Home
  • Conscious Living
    • Activism
    • Animals and Pets
    • Conscious Evolution
    • Conscious Parenting
    • Happiness & Humor
    • Inspirational
    • Manifestation / LOA
    • Meditation
    • Peace & Human Rights
    • Relationships & Sex
    • Thrive
  • Economy
    • Business
    • Education
    • Loans and Frugal Living
    • Investing and Insurance
  • Environ.
    • Climate Change
    • Eco-Friendly
    • Farming & Gardening
    • Environmental Hazards
    • Nature & Wildlife
    • Preparedness
  • Govt.
    • Agencies & Systems
    • The Fed & Banking Cartel
    • Censorship
    • Govt. Corruption
    • Internet Control
    • Military Industrial Complex
    • Policies
    • Politics
    • Govt. Surveillance
    • Whistleblower
  • Health
    • Alternative Health Care
    • Big Pharma, CDC & FDA
    • COVID-19 Vaccine
    • Diet, Weight Loss, Obesity
    • Exercise and Fitness
    • Food, Drink & Nutrition
    • Healing & Natural Remedies
    • Herbs, Seeds & Spices
    • Human Energy Systems
    • Longevity & Life Extension
    • Mind-Body Connection
    • Pet and Animal Health
    • Prevention
    • Skin & Hair Care
  • Horoscopes
  • Media
    • Alternative Media
    • Books
    • Art and Music
    • Corporate Controlled Media
    • Films & TV
    • Internet
    • Social Media
  • Reality’s Edge
    • Afterlife & Past Lives
    • Ascension
    • Astrology & Numerology
    • Channeling & Readings
    • Dreams, ESP & Remote Viewing
    • Dying, NDE, & OBE
    • ETs, UFOs & Crop Circles
    • Mandela Effect
    • Mysteries
    • Predictions & Prophecies
    • Quantum Physics
    • Reality Shifts & Timelines
    • Spirituality and Religion
    • Angels & Spirits
  • Sci-Tech
    • Archaeology
    • Earth & Space
    • Futurism & Inspiring Inventions
    • Medical Advances & Procedures
    • Nature
    • Psychology-Psychiatry
    • Science
    • Technology
No Result
View All Result
Conscious Life News
No Result
View All Result
Home Economy

As World Enters Depression, Jeff Bezos Could Become First-Ever Trillionaire

by clnAdrian
May 15, 2020
in Economy
Reading Time: 3 mins read
0 0
A A
0
As World Enters Depression, Jeff Bezos Could Become First-Ever Trillionaire
1
SHARES
402
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp
Print Friendly, PDF & Email

By Elias Marat | Creative Commons | TheMindUnleashed.com

(TMU Opinion) – For most people across the world, the coronavirus pandemic and ensuing lockdown measures have been nothing short of ruinous. Countless small and large businesses have faced bankruptcy while in the United States, local government budgets are in shambles while the unemployment rate is projected by Goldman Sachs to peak at 25 percent, rivaling or exceeding the worst moments of the Great Depression.

Amid the unfolding economic catastrophe, however, the wealth gap between average people and the ultra-rich has widened drastically. For mega-billionaires like Amazon founder and CEO Jeff Bezos – the richest man on the planet whose net worth is estimated at $143 billion  – the health crisis has only made them richer.

And now, the Amazon founder is slated to likely become the world’s very first trillionaire, according to business software comparison platform Comparisun.

The site’s projection shows that Bezos is likely to achieve trillionaire status by 2026 when he will be 62 years old. Comparison based their projection on the average percentage of yearly growth over the past five years, which was then applied to future years.

According to the company’s figures, Bezos’ net worth has grown by an average of 34 percent over the last five years. In the last year alone, Bezos’ worth has grown by over $28 billion.

Amazon has been thriving during the pandemic, with shoppers flocking to online shopping platforms due to the unavailability or inherent risks of in-person shopping at brick-and-mortar retail spaces, which had been struggling to compete with Amazon even before the novel coronavirus outbreak.

As a result, Amazon share prices have increased – greatly benefiting Bezos, who has an 11.2 percent stake in the company. Additionally, Bezos sold $3.4 billion in shares precisely before their value tanked in March due to fears over the spread of COVID-19.

The discussion of Bezos’ potential trillionaire status also comes as Amazon employees have launched protests and strikes over their safety as they continue working through the pandemic. On May 1, workers held a one-day strike demanding “adequate protection in the workplace” and an end to the harassment and firing of organizers in company warehouses.

News about Bezos potentially becoming a trillionaire in 2026 has riled up online communities on Twitter and other social media platforms, with users pointing to the expanding economic and financial suffering of people while Bezos rakes in billions.

Twitter @Thomas_A_Moore wrote:

“Jeff Bezos is about to become the world’s first trillionaire while we’re about to enter a depression.”

Jeff Bezos is about to become the world’s first trillionaire while we’re about to enter a depression pic.twitter.com/901vsfmD5p

— Thomas (@Thomas_A_Moore) May 14, 2020

While the popular account “The Tweet Of God”, which humorously pretends to be the official Twitter account of the Abrahamic deity, wrote:

“I have a plan to save the world but it requires borrowing money from Jeff Bezos.”

https://twitter.com/TheTweetOfGod/status/1260973226458353665?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1260973226458353665&ref_url=https%3A%2F%2Fthemindunleashed.com%2F2020%2F05%2Fas-world-enters-depression-jeff-bezos-could-become-first-ever-trillionaire.html

Twitter user “The Volatile Mermaid,” asked:

“If Jeff Bezos makes $2500 per second and is traveling west at 35 MPH and Mark Zuckerberg makes $1500 per second and is traveling north at 50 MPH, how long will it take before you can pay off your student loans?”

If Jeff Bezos makes $2500 per second and is traveling west at 35 MPH and and Mark Zuckerberg makes $1500 per second and is traveling north at 50 MPH, how long will it take before you can pay off your student loans?

— The Volatile Mermaid (@OhNoSheTwitnt) May 14, 2020

Amazon was conceived by Bezos in 1994 as an “everything store” where users could buy everything from books to music and DVDs. The disruptive company quickly expanded its operations in the ensuing years, largely rendering traditional booksellers both large and small obsolete and becoming an e-commerce giant selling everything from furniture to groceries and its own lines of clothing, electronics, and office equipment, among other basic consumer goods.

The company is also the world’s largest internet hosting firm through its cloud computing platform, Amazon Web Services (AWS), which was launched in 2006. The private cloud platform has provided web hosting to clients ranging from Dropbox to the Central Intelligence Agency, as well as helping form the “backbone” for the Department of Homeland Security – Immigration and Customs Enforcement (DHS-ICE) deportation operations.

Tags: "featuredAmazon CEO Jeff BezosCOVID-19 pandemicfeaturedGlobal economic crisisJeff BezosJeff Bezos increases wealth
ShareTweetSend
Previous Post

What to Look for When Buying CBD Products

Next Post

New Facial Recognition Software Predicts You’re a Criminal Based on your Face

Related Posts

Gerald Celente: We’re Heading Into the Worst Economic Collapse In Human History
Economy

Gerald Celente: We’re Heading Into the Worst Economic Collapse In Human History

April 11, 2024
“You Have No Idea How Bad This Is” – Whitney Webb 2024 Prediction
Economy

“You Have No Idea How Bad This Is” – Whitney Webb 2024 Prediction

March 3, 2024
Why Banks Want the System to Crash, Dollar to Plummet, and For You to be Desperate | G. Edward Griffin
Economy

Why Banks Want the System to Crash, Dollar to Plummet, and For You to be Desperate | G. Edward Griffin

March 3, 2024
WATCH: U.S. Drowning In Debt – The Nation Is Sinking | Gerald Celente
Economy

WATCH: U.S. Drowning In Debt – The Nation Is Sinking | Gerald Celente

January 16, 2024
The U.S. Economy Is In an Inevitable Death Spiral | Peter Schiff and Jesse Kelly
Economy

The U.S. Economy Is In an Inevitable Death Spiral | Peter Schiff and Jesse Kelly

September 26, 2023
Economy

Reasons Why the Banks are in Trouble | Gregg Braden

March 28, 2023
Next Post
New Facial Recognition Software Predicts You’re a Criminal Based on your Face

New Facial Recognition Software Predicts You’re a Criminal Based on your Face

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Conscious Life News

The mission of Conscious Life News is to be a global leader in the consciousness-raising of the planet.

Follow Us

Browse by Category

  • Activism
  • Afterlife & Past Lives
  • Agencies & Systems
  • Alternative Health Care
  • Alternative Media
  • Angels & Spirits
  • Animals and Pets
  • Archaeology
  • Art and Music
  • Artificial Intelligence
  • Ascension
  • Astrology & Numerology
  • Astrology Overview
  • Big Pharma, CDC, FDA & NIH
  • Books
  • Business
  • Careers
  • Censorship
  • Channeling & Readings
  • Climate Change
  • Conscious Evolution
  • Conscious Living
  • Conscious Parenting
  • Corporate Controlled Media
  • COVID-19 Vaccine
  • Daily
  • Diet, Weight Loss, Obesity
  • Dreams, ESP & Remote Viewing
  • Dying, NDE, & OBE
  • Earth & Space
  • Eco-Friendly
  • Economy
  • Education
  • Environment
  • Environmental Hazards
  • ETs, UFOs & Crop Circles
  • Exercise and Fitness
  • Farming & Gardening
  • Featured
  • Federal Law
  • Films & TV
  • Food, Drink & Nutrition
  • Futurism & Inspiring Inventions
  • Government
  • Govt Censorship
  • Govt. Corruption
  • Govt. Surveillance
  • Happiness & Humor
  • Healing & Natural Remedies
  • Health
  • Herbs, Seeds & Spices
  • Home Maintenance, Repairs & Improvement
  • Horoscopes
  • Human Energy Systems
  • Inspirational
  • Internet
  • Internet Control
  • Investing and Insurance
  • Laws and Lawyers
  • Lifestyle and Fashion
  • Loans and Frugal Living
  • Longevity & Life Extension
  • Mandela Effect
  • Manifestation / LOA
  • Maya / Matrix / Virtual Reality
  • Media & Arts
  • Medical Advances & Procedures
  • Meditation
  • Military Industrial Complex
  • Mind-Body Connection
  • Monthly
  • Mysteries
  • Nature
  • Nature & Wildlife
  • News Flash
  • Peace & Human Rights
  • Pet and Animal Health
  • Policies
  • Politics
  • Predictions & Prophecies
  • Preparedness
  • Prevention
  • Psychology-Psychiatry
  • Quantum Physics
  • Reality Shifts & Timelines
  • Reality's Edge
  • Relationships & Sex
  • Sci-Tech
  • Science
  • Skin & Hair Care
  • Social Media
  • Spirituality and Religion
  • Stuff
  • Technology
  • The Fed & Banking Cartel
  • Thrive
  • Uncategorized
  • Weekly
  • Whistleblower
  • World

Recent News

A Message to Western Journalists Complicit in Israel’s Genocide: You WILL Pay For What You Did – Owen Jones

A Message to Western Journalists Complicit in Israel’s Genocide: You WILL Pay For What You Did – Owen Jones

June 5, 2025
Chinese Graduate’s Viral Harvard Speech Sparks Global Hearts with Shared Humanity

Chinese Graduate’s Viral Harvard Speech Sparks Global Hearts with Shared Humanity

June 5, 2025

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result

© 2023 ConsciousLifeNews.com - Premium WordPress news & magazine theme by Jegtheme.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.