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Jeff Bezos is now worth more than $200 billion, making him the richest person in the world by nearly $90 billion

WorldNews Thursday, 27 August 2020
Jeff Bezos is now worth more than $200 billion, making him the richest person in the world by nearly $90 billionJeff Bezos is now worth more than $200 billion, according to Forbes and Bloomberg.That makes him worth almost $90 billion more than the second-richest person in the world: Microsoft cofounder Bill Gates, who has a fortune of about $116 billion, according to Bloomberg.Bezos has more wealth than anyone else has ever had, even when adjusted for inflation, Forbes reported. At the height of the dot-com boom, Gates was worth an estimated $158 billion in today's dollars, according to Forbes. The milestone comes as Amazon continues to thrive during the COVID-19 pandemic thanks to a surge in online sales.Visit Business Insider's homepage for more stories. Jeff Bezos,...
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Video Credit: Wochit Tech - Published
News video: Jeff Bezos Broke His Own Wealth Record

Jeff Bezos Broke His Own Wealth Record 00:32

Jeff Bezos already holds the title of the world's richest man. Now the tech mogul's net worth has skyrocketed once again, setting another new record. According to CNN, on Wednesday, the Amazon CEO's wealth reached an estimated $202 billion. Bezos founded Amazon in 1994 and continues to break records...

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Jeff Bezos Jeff Bezos American engineer, entrepreneur, founder and CEO of Amazon.com, Inc.

How Much Wealth Did US Billionaires' Earn In The First 6-Months Of The Pandemic [Video]

How Much Wealth Did US Billionaires' Earn In The First 6-Months Of The Pandemic

The wealth of 643 of US' richest billionaires rose from $2.95 trillion to $3.8 trillion between March 18 and September 15. This marks a 29% increase over those six months. That's according to a report by the Institute for Policy Studies and Americans for Tax Fairness said. Tesla founder Elon Musk's wealth increased by 273% in the period to $92 billion. Jeff Bezos wealth increased 64.8%, from $113 billion to $182. Mark Zuckerberg's wealth increased from $54 billion to $100.

Credit: Wochit News    Duration: 00:31Published
Amazon's Bezos tops Forbes richest list, Trump dips [Video]

Amazon's Bezos tops Forbes richest list, Trump dips

Amazon CEO Jeff Bezos topped Forbes' list of richest Americans for the third year in a row, while U.S. President Donald Trump's ranking dropped as the pandemic slammed his office buildings, hotels and resorts, the magazine said Tuesday. Colette Luke has the latest.

Credit: Reuters Studio    Duration: 01:40Published
MacKenzie Scott Is The Richest Woman In The World [Video]

MacKenzie Scott Is The Richest Woman In The World

MacKenzie Scott is the richest woman in the world. Scott's net worth is now a staggering $68 billion. According to CNN, Scott has surpassed L'Oréal heiress Francoise Bettencourt Meyer in terms of wealth. Scott was married to Amazon founder Jeff Bezos until their recent divorce. Scott received a quarter of Bezos' Amazon shares in the couple's divorce settlement in 2019. That equated to a 4% stake that was worth more than $35 billion at the time.

Credit: Wochit News    Duration: 00:32Published
Elon Musk Gains $8 Billion, 4th Richest Person In World [Video]

Elon Musk Gains $8 Billion, 4th Richest Person In World

REUTERS/Steve Nesius Tesla CEO Elon Musk's personal wealth gained nearly $8 billion Monday as the stock surged 11% to an all-time high. Musk is now the fourth-richest person in the world, according to the Bloomberg Billionaires Index. Overall, Musk's net worth has grown by $57.2 billion this year, the second-largest gain behind Jeff Bezos' $73 billion increase. Read more: Bruce Fraser outperformed the S&P 500 by nearly 286% as a hedge-fund manager before switching to real-estate investing.

Credit: Wochit News    Duration: 00:33Published

Bill Gates Bill Gates American business magnate and philanthropist

‘This is genocide’: Inside the bizarre rise of coronavirus conspiracy theories

A weekday afternoon in Leeds city centre and a furious speaker is telling a crowd of 40 or so onlookers that coronavirus is a scam dreamed up by a shadowy cabal..
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Bill Gates Outraged Over COVID Test Delays [Video]

Bill Gates Outraged Over COVID Test Delays

Bill Gates Outraged Over COVID Test Delays

Credit: Wochit News    Duration: 00:25Published
Bill Gates: Losing Trust In FDA, CDC [Video]

Bill Gates: Losing Trust In FDA, CDC

With the release of their foundation’s latest annual Goalkeepers Report, Bill and Melinda Gates are doing a lot of interviews and pushing one primary message: The U.S. is failing in its coronavirus response, and that represents a failure for the globe. That’s something we’ve heard from Bill Gates repeatedly since the… Read more...

Credit: Wochit News    Duration: 00:33Published
Bill Gates Says Coronavirus Will End For Developed Nations by 2021 [Video]

Bill Gates Says Coronavirus Will End For Developed Nations by 2021

The Microsoft co-founder made his comment in a new interview with 'Wired'.

Credit: Cover Video STUDIO    Duration: 01:29Published
Covid update: China allows Indians to return; Bill Gates on vaccine [Video]

Covid update: China allows Indians to return; Bill Gates on vaccine

From China allowing Indians to return to another Uttar Pradesh minister reportedly testing positive - here are the top news updates on the Covid-19 pandemic. Around 150 Indians including diplomats' kin, bank staff, etc will return to China on August 6. Beijing hadn't allowed Indians into China on a June 29 flight following which hectic talks took place. China will allow those who get tested within five days of journey and get health form endorsed. Bill Gates said that the US must have global approach on vaccine and not just 'take care of ourselves'. Meanwhile, China, which claims Taiwan as a part of its territory, has said that US must end Taiwan ties to avoid damage to Washington-Beijing ties. As per Reuters calculations, one person is dying every 15 seconds due to Covid. As per the past two weeks' data, nearly 5,900 Covid-related deaths happening every 24 hours. In UP, minister Brajesh Pathak has reportedly found infected on August 5, while another state minister Kamal Rani Varun had recently died due to Covid infection.

Credit: HT Digital Content    Duration: 02:44Published

Forbes Forbes American business magazine

Trump Edging Biden Out In Florida And Arizona [Video]

Trump Edging Biden Out In Florida And Arizona

A new Washington Post/ABC News poll is bad news for Joe Biden. The poll has Pres. Donald Trump narrowly ahead Joe Biden in Florida and Arizona among likely voters. The poll was conducted September 15-20. It found Trump ahead by 4 points in Florida (51%-47%) and 1 point in Arizona (49%-48%) among likely voters. According to Forbes, the Post/ABC News poll is a high quality survey.

Credit: Wochit News    Duration: 00:31Published
Tyler Perry Is A Billionaire [Video]

Tyler Perry Is A Billionaire

Forbes magazine has declared Tyler Perry a billionaire. Perry was raised in poverty in New Orleans. CNN reports that Perry dropped out of high school and went through a period of homelessness as he struggled as a playwright. The plays made him a star. He's produced TV shows and movies and owns one of the biggest studios in the country. "Ownership changes everything," he told Forbes.

Credit: Wochit News    Duration: 00:42Published
Netflix's 10 most popular shows this year [Video]

Netflix's 10 most popular shows this year

According to 'Forbes,' these are Netflix's most popular shows of 2020.

Credit: Cover Video STUDIO    Duration: 01:22Published

Bloomberg L.P. Bloomberg L.P. Financial, software, data, and media company based in New York City

Are The Feds Goals Realistics? [Video]

Are The Feds Goals Realistics?

The Federal Reserve is targeting above 2% inflation. Scott Minerd, Guggenheim global CIO told Bloomberg on Wednesday it is "virtually impossible" for the Fed to achieve that without creating a bubble in asset prices. "The reality is that the inefficiencies that are building up in the system." Minerd said misinformation and mistaken investments will pose a challenge to investors.

Credit: Wochit News    Duration: 00:31Published
Apple designs COVID-19 face masks for its employees [Video]

Apple designs COVID-19 face masks for its employees

In order to give its employees a major sense of relief, Apple has decided to design its own face masks and the company will distribute it to its retail and corporate employees. Most of the employees of Apple wear masks on the job as a precautionary measure against the coronavirus, and as a result, Apple has decided to come up with its own masks, Mashable cited a Bloomberg report. As per this report, Apple is providing two face masks to each of its employees. One mask is called "ClearMask" and it has been sourced from other companies. The other mask is known as "Apple Face Mask" has been created by Apple's Engineering and Industrial Design teams. This particular mask has up to three layers that filter incoming and outgoing particles, and it can be washed and reused up to five times," Mashable cited a Bloomberg report. The company will now start sending Apple Face Masks to its employees over the next two weeks.

Credit: ANI    Duration: 01:10Published
ByteDance may miss U.S. deadline - report [Video]

ByteDance may miss U.S. deadline - report

ByteDance is likely to miss the deadline imposed by the Trump administration for the sale of TikTok's U.S. assets as new Chinese regulations have complicated deal talks, Bloomberg reported on Thursday. Ciara Lee reports

Credit: Reuters Studio    Duration: 00:54Published
Could The Stock Market Go On Another Ten-Year Bull Run? [Video]

Could The Stock Market Go On Another Ten-Year Bull Run?

The stock market is poised for another ten-year bull run. That's according to Brian Belski of BMO Capital Markets. Belski told Bloomberg that the stock market's low on March 23 was the "control alt delete" reset button for the next 10-year bull run. It will be the second half of a 20-year secular bull market. He cautioned investors to not play the same strategy that they did following the 2008 financial crisis.

Credit: Wochit News    Duration: 00:37Published

Microsoft Microsoft American technology company

Many Microsoft Office, Teams users caught in global outage

Microsoft is having worldwide problems with its cloud software, which has seen some people locked out of its Office 365, Outlook and Teams products. Read More..
New Zealand Herald

Microsoft Outlook, Office 365, Teams, and more are experiencing an outage

Illustration by Alex Castro / The Verge

Some Microsoft services, including Outlook, Office 365, and Microsoft Teams, are currently experiencing an..

The Verge

A week with the Xbox Series X: load times, game performance, and more

Photo by Tom Warren / The Verge

An early look at Microsoft’s next-gen console

The Verge
Xbox Boss Phil Spencer Teases Future Games From Bethesda [Video]

Xbox Boss Phil Spencer Teases Future Games From Bethesda

The gaming studio was acquired by Microsoft as part of its $7.5 billion ZeniMax buyout.

Credit: Cover Video STUDIO    Duration: 00:49Published

Microsoft had a secret Windows XP theme that made it look like a Mac

Microsoft created a secret Windows XP theme that made the operating system look more like a Mac. A recent Windows XP source code leak has revealed Microsoft’s..
The Verge

Amazon (company) Amazon (company) American technology and e-commerce company

Amazon announces dates for delayed Prime Day sales

For the first time, ecommerce giant will hold its popular discount shopping day in the fall.
CBS News
Amazon Prime Day Kicks Off October 13 [Video]

Amazon Prime Day Kicks Off October 13

Amazon Prime Day Kicks Off October 13

Credit: Wochit News    Duration: 00:28Published

Amazon Prime Day 2020 is almost here: Here's everything you need to know

Amazon Prime Day 2020 has officially been announced—find out all the details, including how to save on the best early deals you can shop right now.

USATODAY.com
Amazon Unveils Flying Ring Security Drone and Luna Games Service [Video]

Amazon Unveils Flying Ring Security Drone and Luna Games Service

The security drone is a part of the Amazon smart home.

Credit: Cover Video STUDIO    Duration: 00:54Published

Amazon’s Prime Day kicks off on October 13th 

Illustration by Alex Castro / The Verge

Prime Day, Amazon’s annual deals extravaganza, will run from October 13th-14th, the company announced today...

The Verge

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