The wealth of Jeff Bezos, founder and president of e-commerce company Amazon.com and the richest man in the world, has increased since the beginning of the year with the company’s share price due to the growth of its activity against the backdrop of the emerging Corona Virus pandemic (Covid-19).
The company’s shares rose yesterday by 5% to reach its highest level ever, which peso benefits from as the owner of a major share of the shares.
And with the Bloomberg News Billionaires Index loving, the value of Bezos wealth since the beginning of the year has increased by $ 24 billion to $ 138.5 billion.
It is noteworthy that the demand for the services of Amazon.com has increased sharply since the beginning of the current world due to measures to combat the emerging corona virus, including encouraging people to avoid crowded stores and stay at home for the longest time possible.
At the same time, the company is struggling to cope with the growing demand as customers have to wait a long time so that they can register their orders with them.
While the company faces accusations of not taking adequate measures to protect its employees from the possibility of infection with the emerging corona virus, it does not appear that the investors stopped at these accusations and continued to buy the company’s shares.
Although stock prices in the American financial markets declined in general due to fears of the repercussions of the emerging Corona virus, Amazon’s share price has increased by about 25% since the beginning of the year.