• 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 Business

Richest Man in the World Jeff Bezos Now $24 Billion Richer Amid Pandemic

by clnjoneil
April 18, 2020
in Business, Economy
Reading Time: 2 mins read
0 0
A A
0
Richest Man in the World Jeff Bezos Now $24 Billion Richer Amid Pandemic

Image Credit: Common Dreams

1
SHARES
403
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp
Print Friendly, PDF & Email
Image Credit: Common Dreams

By Common Dreams

Amplifying fresh critiques of wealthy inequality that have mounted throughout the coronavirus pandemic, Amazon founder Jeff Bezos—the world’s richest man—has added nearly $24 billion to his already massive fortune in 2020 as virus-related lockdowns across the globe have forced people to stay inside and fueled increased e-commerce demand.

Explaining the source of a nearly 5% jump in Bezos’ net worth Tuesday, Forbes reported that Amazon stock surged 5.3%, “hitting a new record close of $2,283 per share. The stock is now up over 20% so far this year, outpacing the benchmark index (the S&P 500 is down over 12%).”

Bezos was worth $138 billion as of Tuesday, according to the Bloomberg Billionaires Index. He is Amazon’s CEO and president, and owns an 11.2% stake the e-commerce giant, which has come under fire for how it has treated workers during the outbreak.

While Bezos tops the index, Fortune noted that the 18th spot now belongs to his ex-wife MacKenzie, “who was left with a 4% stake in Amazon as part of the couple’s recent divorce settlement. Her net worth has climbed $8.2 billion to $45.3 billion.”

The index updates followed a Forbes report from Saturday about how “market gains led to a combined $51.3 billion boost for 10 of the world’s billionaires since the market closed a week ago, on April 2.” Bezos gained $6.8 billion in that time, an increase second to only that of Amancio Ortega of the Spanish fast-fashion retailer Inditex.

Sen. Bernie Sanders (I-Vt.), a longtime labor rights advocate and foe of millionaires and billionaires, tweeted the Forbes report Wednesday and highlighted how the wealth increases of Bezos and other billionaires contrast with the millions of Americans who have lost their jobs because of the ongoing public health crisis.

As Common Dreams reported last week, U.S. unemployment claims during the pandemic have soared to 16.8 million, which one economist noted “is a mind-boggling 2,500% increase over the pre-virus period.”

That contrast between U.S. billionaires and the nation’s newly unemployed was also pointed out on Twitter Wednesday by Public Citizen, which cited the Forbes report.

READ THE REST OF THIS ARTICLE……

Tags: "featuredAmazon and Jeff BezosAmazon and pandemicAmazon founder net worthBezos richer in pandemicJeff Bezos increases wealth by 24 Billion
ShareTweetSend
Previous Post

Anonymous Donor Spends $82,000 To Give $150 Gift Cards To Every Home In Small Iowa Town

Next Post

YouTuber Mr. Beast Donates Over $1 Million Worth of Essentials to Food Banks

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
YouTuber Mr. Beast Donates Over $1 Million Worth of Essentials to Food Banks

YouTuber Mr. Beast Donates Over $1 Million Worth of Essentials to Food Banks

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

Scorpio Full Moon Deep Dive Video + Zodiac Forecasts All Signs

Scorpio Full Moon Deep Dive Video + Zodiac Forecasts All Signs

May 11, 2025
Weekly Astrology Video WC 12th May 2025 + All Signs…

Weekly Astrology Video WC 12th May 2025 + All Signs…

May 11, 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.