Because of coronavirus, could Jeff Bezos become the first trillionaire? Maybe.

[Andy Meek]

• Amazon is seeing record sales at the moment as a result of the coronavirus pandemic, which has forced millions of people to quarantine and hunker down at home -- forcing them to rely even more on essential goods sold and delivered by Amazon.
• Because of Amazon's record sales and strong earnings growth, that's helping CEO Jeff Bezos' to rise even higher, leading to speculation that his expanding net worth might soon (within this decade) see him become the first trillionaire in history.
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Earlier this year, firebrand New York congresswoman Alexandria Ocasio-Cortez went viral for a clip of remarks she gave at an event which saw her on stage with author Ta-Nehisi Coates, who at one point gently prodded her to explain her contention that the existence of billionaires is "immoral." Coates played devil's advocate, asking the congresswoman to imagine a businessman who made billions of dollars "making widgets" and "selling those widgets." Doesn't he deserve the fruits of his labor? Ocasio-Cortez shot back that it wasn't really his labor -- "Well, you didn't make those widgets, did you?" She pointed to the possibility of the workers who actually did make those widgets having likely been paid poverty wages, winding herself up to her applause line: "No one ever makes a billion dollars. You take a billion dollars."

Point of clarification, though, congresswoman: Now tell us how you feel about the existence of trillionaires! Because that level of wealth, thanks to his company continuing to rake in record profits during the coronavirus pandemic, is starting to seem within reach as soon as this decade for Amazon CEO Jeff Bezos.

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Because of coronavirus, could Jeff Bezos become the first trillionaire? Maybe. originally appeared on BGR.com on Thu, 14 May 2020 at 23:39:21 EDT. Please see our terms for use of feeds.

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