Jeff Bezos Gets $6.4 Billion Richer As Amazon Stock Hits A New Record High

Amazon stock surged 5.3% on Tuesday, hitting a new record close of $2,283 per share. The stock is now up over 20% so far this year, outpacing the benchmark index (the S&P 500 is down over 12%).

Amazon is the first major company to rebound from the coronavirus market selloff, which started in late February: It’s one out of only 28 stocks in the S&P 500 to do so.

The stock has soared in 2020—despite the coronavirus downturn and widespread business shutdowns, with Amazon benefiting from skyrocketing demand as consumers who are stuck at home rely on online shopping more than ever.

As the company’s stock rises to a new all-time high, that’s made CEO and founder Jeff Bezos noticeably richer: His fortune grew by $6.4 billion on Tuesday, according to Forbes’ estimates.

Bezos, who currently owns an 11.2% stake in Amazon, is already by far and away the world’s richest person: As of 4:15 pm ET today, Forbes puts his net worth at $138 billion.

His recently divorced ex-wife, Mackenzie Bezos, who owns about 4% of Amazon, saw her net worth rise by $2.2 billion, to a total of $44.8 billion.