Jeff Bezos gains $3.8 billion in 24 hours, as Amazon investor confidence rise

Jeff Bezos, the founder of Amazon, recorded a $3.8 billion boost in his net worth on the back of a recent market upswing driven by heightened investor confidence in the e-commerce giant’s 2024 outlook.

The gain after Monday’s market trading positioned Bezos as the top gainer during the session, as per Forbes estimates. His current net worth stands at an impressive $171.4 billion.

Despite Amazon facing some headwinds alongside other major tech firms in last week’s market downturn, the company demonstrated resilience with a 1% increase in its shares on Monday.