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Jeff Bezos Becomes The First Person To Ever Worth $200 Billion

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images 2020 08 27T192114.622 Jeff Bezos Becomes The First Person To Ever Worth $200 Billion

The world’s richest person, Jeff Bezos, is wealthier than he’s ever been. Early Wednesday he crossed a milestone previously unseen in the nearly four decades Forbes has been tracking net worths: With Amazon stock edging up 2% as of Wednesday afternoon, Bezos’ net worth is up by $4.9 billion, making the 56-year-old the world’s first-ever person to amass a $200 billion fortune.
As of 1:50 p.m. EDT on Wednesday, the Amazon founder and CEO is worth $204.6 billion—nearly $90 billion more than the world’s second-richest person, Bill Gates, who’s currently worth $116.1 billion.
Even adjusting for inflation, Forbes believes Bezos’ fortune is the largest ever amassed. The person to come closest: Bill Gates, who was the world’s first-ever centibillionaire. Near the height of the dot-com bubble, when Microsoft reached its then-peak in 1999, Gates’ net worth surpassed $100 billion, roughly $158 billion in today’s dollars.
Fueled by the change in consumer habits as a result of the coronavirus pandemic, Amazon stock is up nearly 80% since the beginning of the year, and Bezos’ net worth, which was roughly $115 billion on January 1, has skyrocketed in tandem. Bezos’ roughly 11% stake in Amazon makes up more than 90% of his fortune. He also owns the Washington Post, aerospace company Blue Origin and other private investments.
Bezos would be even richer had he not gone through the most expensive divorce settlement in history last year. When he split from ex-wife, MacKenzie Scott, last July, he agreed to give her 25% of his Amazon stake, a chunk of stock now worth $63 billion. Even after giving away $1.7 billion in charitable gifts earlier this year, Scott is currently the world’s 14th-richest person and second-richest woman, behind L’Oréal heiress Françoise Bettencourt Meyers.
Bezos isn’t alone among tech titans with fortunes surging to massive new heights. Facebook’s Mark Zuckerberg ended Tuesday as a brand-new centibillionaire, worth $103.1 billion after adding $3.4 billion to his fortune in one day, on Facebook stock gains. That surge continued early Wednesday afternoon, with Zuckerberg up an astonishing $6 billion just on Wednesday as of publication time. He’s now worth $109.1 billion.
There are now more centibillionaires on the planet than ever. Joining Bezos, Gates and the newly crowned Zuckerberg is LVMH chair Bernard Arnault, who first joined the 12-figure ranks last year. Though his net worth slipped to about $80 billion at the height of the coronavirus pandemic in March, Arnault reclaimed the centibillionaire title in May and today is worth about $115 billion. This makes him the third-richest person on earth–$90 billion poorer than Jeff Bezos.

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Ghana’s Western Togoland Region Declares Sovereignty

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images 2 Ghana's Western Togoland Region Declares Sovereignty

An area of eastern Ghana has declared itself a sovereign state. The region known as Western Togoland has had secessionist attempts in the past.
Armed men demanding the secession of Western Togoland from Ghana blockaded major entry points to the Volta region of Ghana on Friday morning.
Local sources say the group are holding three police officers hostage, including a District Commander, and attacked two police stations. Prior to the blockade, the group reportedly broke into an armory and stole weapons.
“This is a very serious situation because just few weeks ago we saw [what happened] when they mounted signs along the major roads welcoming people into the Western Togoland State,” a local resident told DW. “Blocking the roads with heaps of sand, burning tyres [and ] even holding security personnel hostage.”
About 12 hours before Friday’s dawn operation, the Western Togoland Restoration Front (WTRF) published photos of the graduation ceremony for around 500 personnel who underwent training for months in secret locations, raising questions over the effectiveness of security agencies in the region.
Seeking sovereignty
Ghana’s Western Togoland region is predominately wedged between Lake Volta and the Ghana-Togo border. Currently, a number of splinter groups are demanding the area be recognized as a sovereign state.
In a press release, the chairman of the WTRF, Togbe Yesu Kwabla Edudzi I, declared that efforts for consolidating statehoood, which began on 1 September 2020, were being put into practice.
The press release also claimed “roadblocks to assert its sovereignty are all over the Southern sector.”
The movement says it wants to force the Ghanaian government to join United Nations (UN) facilitated negotiations aiming to declare Western Togoland an independent state.
Ghanaian police have been ordered to “leave the region in 24 hours” and surrender weapons. Some radio stations appear to have been taken over by members of the WTRF. The group has demanded the release of prisoners currently being held in detention for secessionist activities.
Travelers urged to be cautious
Meanwhile, on Facebook, Ghanaian police have cautioned travellers to be aware of “security operations” in some communities in the Volta Region.
Local media have reported the minister of the affected Volta Region, Archibald Letsa, urged travelers to remain calm and allow security personnel to do their jobs.
A tumultuous past
The territory of Western Togoland was first colonized by Germany in 1884 and incorporated into the Togoland colony. After Germany’s defeat during the First World War, the colony of Togoland was divided between France and Britain as protectorates. The western part of Togoland became part of Britain’s Gold Coast colony, which became independent in 1957 to form modern-day Ghana. Togo gained independence from France in 1960.
Western Togoland is a member of the Unrepresented Nations and Peoples Organization (UNPO). Four million people live in the region. In terms of language and culture, Western Togoland, especially the Volta region, has more in common with Togo. Locals in the region say they feel underrepresented by Ghanaian authorities.
A previous unsuccessful attempt to declare Western Togoland independent from Ghana took place in 2017. In March 2020, around 80 members of the separatist group were detained for protesting the arrest of seven leaders of the Homeland Study Group Foundation. The charges were later dropped.

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‘Reduce Your Sex Rounds’ — Top Ghanaian Police Officer Advises Personnel

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ghana police chief talks ‘Reduce Your Sex Rounds’ — Top Ghanaian Police Officer Advises Personnel

Afful Boakye-Yiadom, the Accra region commander of Ghana Police Service (GPS), has enjoined officials of the agency to reduce their involvement in sexual activities ahead of the country’s general elections.
Boakye-Yiadom addressed the officials during a route march held by the police service to reiterate its readiness for the elections.
The Accra police commander said the measure alongside intake of good diet would enable them to discharge their duties effectively before, during and after the polls.
“Control yourself, we all need the energy to work during the election I, therefore, advise all of you to eat well, reduce your sexual rounds for you to get the energy to work well before, during and after 2020 elections,” he said.
Boakye-Yiadom also urged the police officers to desist from partisan politics at the polls.
According to him, this would enable them to maintain neutrality which is essential to their professional conduct during the election.
Ghana will hold its general elections on December 7.
Nana Akufo-Addo, the country’s incumbent president, is seeking re-election under the platform of the New Patriotic Party (NPP).
He will be challenging John Mahama, a former president and candidate of the National Democratic Congress (NDC), to secure another term in office.

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UK Threatens Sanctions Against Violence Sponsors In Edo , Ondo Elections

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images 2020 09 16T165926.597 UK Threatens Sanctions Against Violence Sponsors In Edo , Ondo Elections

The United Kingdom yesterday said it would deploy observers in Edo and Ondo States to monitor the governorship elections, and threatened sanction, including a travel ban to the United Kingdom, against sponsors of violence in the two elections.
The UK said the British High Commissioner to Nigeria, Catriona Laing, had met with the leaders of the ruling All Progressives Congress (APC) and the main opposition, the Peoples Democratic Party (PDP).
The decisions of the UK Government were contained in a statement issued yesterday in Abuja by the High Commission to Nigeria.
The statement said: “As a friend and partner of Nigeria, we are closely following the lead up to the off-cycle governorship elections in Edo and Ondo states scheduled for September 19 and October 10, respectively.
“These elections are important, both as an essential element of effective governance within both states and an indicator of the strength of Nigeria’s democratic institutions.
“Our High Commissioner to Nigeria, Catriona Laing, has held meetings with leaders of the two main political parties, the APC and PDP.
“The discussions focused on the need for the parties’ leaders to prevail on supporters to avoid violence before and after the elections and we welcome the Edo candidates’ signatures of the National Peace Committee and INEC convened a peace accord yesterday.
“We will be deploying observation missions to both the Edo and Ondo elections and supporting civil society led observation.
“The UK takes a strong stand against election-related violence and, just as we did in the general election in 2019, will continue to take action against individuals we identify as being responsible for violence during the elections.
“This could include restrictions on their eligibility to travel to the UK, restrictions on access to UK based assets or prosecution under international law.
“The UK will continue to provide support and engagement as we move towards these elections. We urge INEC, the Police and all other agencies involved to work together to deliver free, fair and credible elections.”

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