Amazon founder Jeff Bezos’s net worth surged $13 billion on Monday, the largest one-day increase in personal wealth since the start of the compilation of the index in 2012, Beijing time reported on July 21. Amazon shares surged 7.9% on Monday, the biggest gain since December 2018, boosted by the optimistic outlook for online shopping. Amazon is up 73% this year.

despite the biggest recession since the great depression, the 56 year old world’s richest man’s net worth has increased by $74 billion this year to $189.3 billion. His personal wealth exceeds the market value of giants such as ExxonMobil, Nike and McDonald’s.