Saturday, October 24, 2020
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Amazon CEO Jeff Bezos tops Forbes richest listing for third yr in a row

New Delhi: Amazon Founder and CEO Jeff Bezos has topped Forbes’ listing of richest Americans for the third consecutive yr whilst US President Donald Trump’s rating dropped amidst the coronavirus pandemic thus impacting his companies starting from inns to resorts.

Forbes stated that the combination wealth of the 400 listing rose to a document $3.2 trillion.

This yr Zoom Video Communications CEO Eric Yuan made his debut amongst 18 newcomers on the Forbes listing with a internet price of $11 billion, as increasingly individuals are working from residence throughout the corona-led lockdowns worldwide and working towards of social distancing norms.

Trump’s rating dropped from 275 final yr to 352 whereas his internet price fell to $2.5 billion from $3.1 billion.

It could also be recalled that in August, Bezos turned the primary individual ever whose internet price soared over USD 200 billion, in line with Forbes and Bloomberg Billionaires Index. The internet price of the world`s richest individual went up by USD 4.9 billion after Amazon inventory edged up two per cent, Forbes reported.

The one that was closest to Bezos was Microsoft Co-Founder Bill Gates who’s at present price USD 116.1 billion, in line with Forbes, whereas the Bloomberg Billionaires Index put his internet price at $124 billion

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