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Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap - Blockchain.News

Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap

Shine Li Jul 03, 2020 03:10

It was recently announced that Amazon CEO Jeff Bezos’s wealth has surpassed that of Bitcoin’s market cap, meaning Bezos’ wealth has soared up to $171.6 Billion—the icing on the cake to top off his pre-divorce financial record.

Amazon CEO Jeff Bezos is Worth More Than Bitcoin’s Market Cap

It was recently announced that Amazon CEO Jeff Bezos' wealth has surpassed that of Bitcoin’s market cap. This means that Bezos is worth over $171.6 Billion—exceeding his pre-divorce financial record.

Jeff Bezos: Explained

Jeff Bezos is the founder and CEO of Amazon, the online e-commerce platform that is known to sell everything from toys to tech.

Considered one of the Big Four technology companies, Amazon CEO Bezos' capital surpasses that of Bitcoin’s Market Cap. Currently, the market worth of Bitcoin is approximately 117.81 billion US dollars, though this number fluctuates.

The Big Four technology companies known worldwide include Google, Apple, Microsoft, and Amazon.

Though many are curious to know more about the Amazon founder’s success, the company will not disclose any personal and sensitive information relating to Bezos’ wealth.

How Amazon Care is Crucial during COVID-19

Amazon Care was originally built to tailor to the needs of its Seattle-based employees. The latter found their pay to be at risk, due to COVID-19 complications. Therefore, the e-commerce company decided to create an app that employees can use if they had health concerns or worries during the pandemic.

Amazon Care, which can be accessed virtually, is convenient for employees and for anyone who wishes to download the application.

In light of the recent pandemic, Amazon Care is more useful and safe than a physical trip to the clinic. Patients can contact health e-commerce remotely: from home, from work, and pretty much from anywhere in the world.

Covid-19 has revolutionized the way the world conventionally conducts business and having access to healthcare online may be one of them.

Amazon Care

Jeff Bezos' wealth contrasts with that of most businesses. The Seattle-based e-commerce offers a variety of services. What is interesting is that it even provides Amazon Care, which is basically telemedicine. In light of COVID-19, remote healthcare is very useful. Amazon Care also enables patients to register for prescription drug deliveries.

Blockchain Technology and COVID-19 Pandemic

With the coronavirus hitting countries from everywhere in the world, blockchain technology is also a useful method in ensuring that anyone who wishes to have a health consultation may do so virtually. This is a safer alternative, as the spread of COVID-19 is worse in certain parts of the world.

Blockchain technology remains a game-changer and ironically, the pandemic may be what the technology industry needs to popularize the adoption of blockchain globally.

 

Image source: Shutterstock