Jeff Bezos will soon be the world’s first Trillionaire while poverty increases

American industrialist, media proprietor, and investor, Jeffrey Preston Bezos who doubles as the founder, CEO, and president of the online retail company Amazon is on his way of becoming the first Trillionaire.

Despite an economy-killing pandemic and losing $38 billion in his recent divorce, CEO of Amazon, Jeff Bezos could become the world’s first trillionaire by 2026 if his wealth continues growing at the 34% rate it has in recent years, according to an analysis from Comparisun.

Bezos’ wealth has been increasing at an average yearly rate of 34% over the past five years, according to Comparisun, and that’s despite turning over Amazon shares worth an estimated $38 billion to his ex-wife, MacKenzie Bezos, as part of their recent divorce settlement.

Comparisun looked at 25 of the world’s richest individuals and found that only 11 had a realistic shot at becoming trillionaires during their lifetime.

Bezos will likely get there first, but Facebook CEO Mark Zuckerberg could be the youngest, with his current growth rate on pace to put him in the four-comma club by 2036, when he would be 51.

Bezos is currently worth around $138 billion and has seen his fortune grow by $28.3 billion so far in 2020, according to Bloomberg.

However, in the US, the debate has been on:

Jeff Bezos is expected to become the 1st trillionaire as he consolidates the retail market during coronavirus.

Now Amazon is telling its workers (who have faced significant risk) that it'll be ending their hazard pay at the end of MAY!

Atrocious greed.https://t.co/JOcsZBwSGo

— Rep. Bonnie Watson Coleman (@RepBonnie) May 13, 2020

Jeff Bezos makes $2,489 per second meanwhile, millions of people are currently unemployed. pic.twitter.com/86H2FuQLue

— GIM 🇰🇪 (@GimK_) May 14, 2020

https://twitter.com/KimberlyNFoster/status/1260698045882208259