FX.co ★ Amazon’s Jeff Bezos adds $24 billion to his fortune amid pandemic

The Covid-19 pandemic seems to have put the entire world under lockdown. Businesses are going through a really tough time amid strict quarantine measures introduced by governments to contain the coronavirus. However, there are certain companies, as well as entire industries, which are actually making more money in the era of the COVID-19 quarantine. Predominantly, these are pharmaceutical and e-commerce companies. Due to stringent isolation rules people are forced to stay inside and purchase goods on the Internet. Thus, the number of online shoppers, the amount of products and the average bill size have increased. As a result, stock of Amazon, the largest e-commerce retailer, surged by 5.3%, thereby expanding the fortune of its founder to $138 billion dollars. Jeff Bezos, Amazon’s major shareholder, added $24 billion to his wealth amid the coronavirus pandemic helping other people to stay home and obey the quarantine rules at the same time. Everyone is trying to go through hard times as best as one can. Billionaires are making money while others are filing for unemployment benefits.