(CMR)It was an awesome Monday for Amazon founder and CEO Jeff Bezos who added a whopping $13 billion to his net worth, according to the Bloomberg Billionaires Index.
Bezos who is already the world's richest man, according to both Bloomberg and Forbes, saw the mega-uptick in worth following Goldman Sachs and Jefferies analysts raising the price target for Amazon stocks.
Both firms on Monday (July 20) raised their Amazon price target to a Wall Street-high of $3,800, up from the $3,000 price target, which would represent a 28% increase.
Given that Bezos' personal wealth is linked to his more than 57 million shares of Amazon stock, the new projections for the company's stock sent his net worth soaring.
Bezos is now the first person in the world to officially boast a net worth of more than $200 billion.
The Amazon boss' huge increase in wealth means he is about 30 times richer than the Queen of England, who boasts a fortune of £350m.
Bezos' wealth now makes him worth more lucrative than Britain’s biggest company, the pharmaceutical giant AstraZeneca, which is valued at £121b