First person to cross US$200B in financial nett worth

Jeff Bezos of Amazon because the first person in history whose financial nett worth crossed US$200B. And it happened in Q3 of 2020 in the midst of the COVID-19 pandemic where tech stocks saw a boom due to increased e-commerce and online activities.

Meanwhile, the wealth of French luxury brand LVMH’s titan also crossed US$100M. It seems like a case of the rich getting richer since they have the reserve to invest in under-valued stocks that rose when the markets turned around.

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