Jeff Bezos Gets $6.4 Billion Richer As Amazon Stock Hits A New Record High
John Locher / AP
Already the world’s richest person, Jeff Bezos saw his net worth jump nearly 5% after Amazon’s stock hit a new all-time high on Tuesday, with the e-commerce giant experiencing unprecedented demand amid widespread coronavirus-related shutdowns, Forbes reports.
Amazon stock surged 5.3% on Tuesday, 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%).
Amazon is the first major company to rebound from the coronavirus market selloff, which started in late February:
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