Amazon CEO Bezos Now Has More Money Than Bitcoin’s Market Cap

Cointelegraph

Published Jul 02, 2020 03:00PM ET

Updated Jul 02, 2020 04:40PM ET

Jeff Bezos, CEO of online shopping giant Amazon (NASDAQ:AMZN), recently tapped record wealth levels, holding more personal wealth than all the speculative capital currently invested in crypto's largest asset — Bitcoin (BTC).

“Amazon stock shares surged 4.4% to a record $2,878.70 Wednesday, boosting the founder’s world-leading fortune to $171.6 billion,” Bloomberg said in a July 1 article. “That tops his previous high of $167.7 billion, set on Sept. 4, 2018, according to the Bloomberg Billionaires Index.”

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