Jeff Bezos on Track to Becoming World's First Trillionaire

June 30, 2020
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Jeff Bezos is on track to an impressive feat -- becoming the world’s first trillionaire.

According to business software company Comparisun, the Amazon founder and CEO is projected to reach trillionaire status by 2026.

The findings were determined by looking at his average percentage yearly growth overly the past five years and applying it to the future.

As of Thursday, his net worth currently stands at $143 billion, according to Bloomberg's Billionaires Index. Since 2019, he’s added $28 billion to his name.

And while this might be good news for Bezos, not everyone is impressed with his ability to increase his worth year-over-year especially as it comes as a result of Amazon’s booming business amid the coronavirus pandemic.

Many people have expressed frustration with Bezos adding billions of dollars while most of the population struggles with unemployment during the outbreak.

A total of 36.5 million Americans have applied for unemployment since mid-March, according to the Labor Department, making it almost as bad as the Great Depression.

Concerns over how Bezos and Amazon have been providing for employees amid the crisis were also brought up.

On May 1, workers at Amazon and other companies protested a “lack of adequate protection in the workplace” and unsafe conditions.

CBS News reports that at least four Amazon warehouse employees died while others have been infected. Amazon argues that it has implemented changes that include social distancing and cleaning along with spending millions on masks. hand sanitizer, and hand-washing stations.

Former presidential candidate Elizabeth Warren tweeted, “While Jeff Bezos is on track to become the world’s first trillionaire in the middle of a pandemic, Amazon is ending overtime pay for warehouse and delivery workers on the front lines. This is immoral.”

Similarly, former candidate Bernie Sanders wrote, “Here's unfettered capitalism at work. Jeff Bezos, the owner of Amazon, has increased his wealth by $30 billion during the pandemic.”

Facebook founder Mark Zuckerberg is also project to be on track to becoming the world’s youngest trillionaire by 2036.

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