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No recession for Jeff Bezos as he splurges millions on New York apartment

IANS
Updated: April 19th, 2020, 09:17 IST
in Sci-Tech
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New York: Amazon founder and CEO Jeff Bezos has bought a $16 million, 3,000 square foot apartment in New York which is adjacent to condos worth $80 million he already owns.

The newly-bought apartment has three bedrooms and three and a half baths that is a floor below the others he already owns, reports the CNN.

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Last summer, Bezos purchased a penthouse and two apartments below the new apartment, in a renovated 1912 neo-Gothic building that overlooks Madison Square Park.

The price represents a 43 per cent premium over the $11.25 million the apartment sold for in 2018.

The Amazon CEO bought the property via a Delaware-registered limited liability company at 212 Fifth Avenue condominium.

The world’s richest man has added nearly $24 billion to his massive fortune as lockdowns forced people to buy more from the e-commerce giant.

Bezos’ real-time net worth is $138.5 billion. The Amazon founder has maintained his top slot as world’s richest man, followed by Bill Gates at $98 billion, according to the latest Forbes 34th annual world’s billionaires list.

“The new home features oversized windows, high coffered ceilings, marble walls and countertops, and radiant-heated Thassos stone floors, according to a previous listing,’ reports Mansion Global.
(IANS)

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