Two years into Donald Trump’s presidency, the man who has profited most from the era is his foremost nemesis in the business world, Amazon.com Inc. founder Jeff Bezos.
Trump has repeatedly vilified Bezos, threatening his company with tax increases, antitrust prosecution and higher shipping fees, attacking the Bezos-owned Washington Post as a “scam” and even mocking the billionaire for his pending divorce. No figure in corporate America is attacked more often in Trump’s Twitter posts.
Yet no one has made more money than Bezos since Trump’s election. The president’s social-media huffing and puffing hasn’t hurt a solidly constructed business riding the rise of electronic commerce, web advertising and cloud computing.
Since the election, Bezos has become the world’s richest person, his net worth swelling by $66.2 billion through Friday, surpassing the gains of the world’s second-fastest riser during that period, French luxury-goods tycoon Bernard Arnault, by 50 percent. Bezos’s wealth was valued at $134.8 billion, making his fortune a third bigger than Bill Gates’s, according to the Bloomberg Billionaires Index.