The World’s 25 Richest Billionaires Have Gained Nearly $255 Billion In Just Two Months

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The World’s 25 Richest Billionaires Have Gained Nearly $255 Billion In Just Two Months
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The world’s 25 richest billionaires have gained nearly $255 billion in just 2 months

. Shares of the ecommerce giant have continued on a tear amid increased demand since coronavirus shuttered physical retailers. Amazon stock is up 29% since March 23. As of the end of the day Friday, Bezos was worth $146.9 billion, up $30 billion and 26% since March 23. , the founder of China's second largest online marketplace , Pinduoduo.

Billionaires with net worths tied to stakes in technology companies have led the way for gains amid the pandemic. The tech-heavy Nasdaq composite index turned positive for the year earlier this month, and it's up 37% since March 23. The S&P 500 and Dow Jones, meanwhile, are up about 31% each–still down roughly 10% and 15% for the year, respectively.

Walmart heirs Rob, Alice and Jim speak during the annual Walmart shareholders meeting event on June 1, 2018 in Fayetteville, Arkansas.

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