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Jeff Bezos May Become World’s First Trillionaire By 2026

Jeff Bezos may be the world's first trillionaire by 2026, a recent study has revealed. 
Credit: @jeffbezos/Instagram

Jeff Bezos may be the world’s first trillionaire by 2026, a recent study has revealed. 

According to software review site Comparisun, the Amazon founder’s wealth is continuing to grow at 34% a year, despite a global pandemic and forking out $38 billion on his recent divorce.

The site used data from the Forbes Rich List over the past five years to work out which of the world’s 25 richest people could become trillionaires in their lifetime and at the top of the list came the 57-year-old.

Watch Jeff Bezos discuss his flight out to space in the clip below…

According to Bloomberg, Bezos is currently worth an estimated $206 billion.

However, Facebook CEO Mark Zuckerberg could be the youngest trillionaire, with his current growth rate putting him on track to join the club by 2036 when he will be 51.

Recently, Bezos has been blasted for travelling to space amidst growing criticism of Amazon’s treatment of staff.

The billionaire completed an 11-minute journey to space on July 20 aboard his company Blue Origin’s New Shepard launch vehicle.

During a news conference after the flight, Bezos said: “I also want to thank every Amazon employee and every Amazon customer because you guys paid for all of this.”

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Jeff Bezos
Jeff Bezos could become a trillionaire by 2026. Credit: TODAY via YouTube

However, critics were quick to point out that the company has poor working conditions, long hours and low pay, including its recent move to drop a $2 hourly raise for warehouse employees in the US.

Over in the UK, protests have taken place, accusing the company of low pay and anti-union tactics.

To fuel this further, Amazon’s profits tripled in the first quarter of 2021, with revenues rising from $75bn (£54bn) at the same time last year to $108.5bn for the three months to the end of March.

Although Bezos has benefitted from the increase in online shopping during the pandemic too, he has donated some of his wealth to charitable causes during the pandemic.

Last year, he pleged $100 million to Chicago-based non-profit organisation Feeding America, which runs 200 food banks across the country.

In a post on Instagram, Bezos said: “Even in ordinary times, food insecurity in American households is an important problem, and unfortunately Covid-19 is amplifying that stress significantly.”

Words by Emily Brewster

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