The Arizona Republic

Will Bezos be first trillionai­re?

-

to Bloomberg’s Billionair­es Index, which tracks the worth of the world’s richest people daily. Compared to last year, Bezos’ worth has surged by more than $28 billion.

The projection has sparked anger on Twitter, noting how many people are financiall­y struggling during the coronaviru­s pandemic as Bezos rakes in billions of dollars.

“Jeff Bezos is about to become the world’s first trillionai­re while we’re about to enter a depression,” said Twitter user @Thomas_A_Moore.

Talk of Bezos’ potential trillionai­re status follows public protests by Amazon employees over their safety as they continue to work during the coronaviru­s pandemic. On May 1, workers for Amazon and other companies including Instacart held a strike protesting a lack of “adequate protection in the workplace.”

Amazon said it spent more than $800 million in the first half of 2020 on safety measures including masks, hand sanitizer and additional hand-washing stations at warehouses. The company also hired 175,000 new workers to keep up with demand as millions of consumers lean on Amazon to have goods delivered while stuck at home.

Earlier this month, Tim Bray, Amazon’s vice president and “Distinguis­hed Engineer” at Amazon Web Services, announced he was leaving the company over the firing of executives who spoke out against how workers were treated in their warehouses.

This is not the first time the Amazon CEO’s immense fortune has faced scrutiny. In January, Bezos revealed Amazon would donate $1 million Australian dollars – or $690,000 in U.S. dollars – to wildfire recovery efforts in Australia. However, critics blasted Bezos for not doing enough in light of his wealth.

Newspapers in English

Newspapers from United States