Jeff Bezos Still World’s Richest Person Even After Divorce

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Welcome to the World news. World news keeps you updated news around the nations.

Today's topic is "Jeff Bezos Still World's Richest Person Even After Divorce"

Jeff Bezos is the world's richest person for the third year in a row, according to Forbes magazine's 2020 list of the world's billionaires. As of March 18, when the list was made, the CEO of Amazon was worth $113 billion.

Bill Gates of Microsoft stayed in second place with $98 billion. Bernard Arnault and his family, owners of LVMH, the world's largest luxury goods company, moved into third place with $76 billion. Arnault took third place from investor Warren Buffett, who is now fourth with $67.5 billion.

Jeff Bezos, who started the Amazon company in 1994, stayed at the top of the list even though about $36 billion of his money went to his ex-wife, MacKenzie Bezos, as part of their divorce settlement. However, Amazon's stock went up 15% last year, making back some of what he lost.

MacKenzie Bezos got 25% of Jeff Bezos' Amazon stock, which is about 4% of the company. That meant she was on Forbes' list of billionaires for the first time this year, coming in at number 22.

Before she had even got the money, MacKenzie signed The Giving Pledge, which asks billionaires to give away more than half of their money. She said she will give away at least half of her money by the time she dies. Jeff Bezos has not signed the pledge.

According to Forbes, in the last year 267 people lost so much money that they are no longer billionaires, compared to 178 who are on the list for the first time. There are now 2,095 billionaires in the world.

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