This archive report was first published on 14 May 2020.
Published on May 14, 2020, a recent survey by Comparisun predicted that Amazon's Jeff Bezos could become the world's first trillionaire by 2026.
With a net worth of $143 billion, Bezos is currently the richest person in the world. However, the survey's findings suggest that his earnings could skyrocket in the coming years, driven by the growth of Amazon and other high-value companies.
Comparisun analysed market capitalisation of the 25 highest valued companies on the New York Stock Exchange and the net worth of the world's 25 wealthiest people over the last five years. They then calculated the average yearly percentage growth, applying that growth rate for future years to come.
The results indicate that Bezos could be worth $1 trillion in just six years, making him the world's first trillionaire. This news has sparked a heated debate on social media, with many users expressing outrage at the vast wealth disparity.
As the CEO of Amazon, Bezos has benefited from the company's success during the coronavirus pandemic. Amazon sales topped $75 billion in the first quarter, largely driven by a surge in at-home deliveries. However, the company has also pledged to spend $4 billion on developing coronavirus testing capabilities and improving working conditions for its employees.
