Baller Alert It's a lifestyle!
What’s better than a billionaire? A trillionaire, which is exactly what Amazon’s CEO is projected to be in the not so distant future. The term “trillionaire” is trending on Twitter as an old article resurfaced where Bezos was projected to become the world’s first trillionaire by the year 2026. Comparisun, the small business platform, made the initial projection months ago based on an analysis of the most valuable firms on the New York Stock Exchange. While Bezos is the world’s wealthiest person, he still has a long way to go to reach trillionaire status.
However, Twitter is in an uproar over the claims of Bezos’s financial prosperity amidst the global health pandemic and current economic crisis. As Amazon stocks rise and Bezos profits increase, the company is under public scrutiny as former employees have spoken out against the company’s failure to provide protection from Covid-19. In April, Bezos is reported to have claimed that Amazon is facing “the hardest time”; however, it is committing its three month profits, an estimated $4 billion to increase employee wages, ensuring protective equipment and establishing coronavirus test sites.
As many states across the US reopen and reduce the impact of stay-at-home orders, the potential for another wave of the virus in the upcoming month’s increases. If realized, the demand for online shopping, delivery services, and streaming platforms will continue to rise, and Amazon’s sales will continue to skyrocket further, advancing the potential for Bezos to reach trillionaire status.
