• Mon. Feb 26th, 2024

Jeff Bezos on the Verge of Becoming the World’s Richest Person Again

ByEditor

Feb 12, 2024
Jeff Bezos closes in on Elon Musk as the world’s richest person after selling Amazon stock

Jeff Bezos, the executive chairman of Amazon, is currently the world’s second richest man. According to Bloomberg, his estimated net worth is $200 billion. However, Musk’s net worth has declined in recent weeks, with Tesla’s stock dropping 24% in the first two months of the year. This has impacted Musk’s claim as the world’s wealthiest person and he recently lost his No. 1 spot on Forbes’ real-time billionaire tracker to the chairman of luxury conglomerate LVMH.

Bezos may soon reclaim the title of the world’s richest person as he recently sold more than $2 billion worth of Amazon stock and proposed to sell around 50 million shares around Feb. 7, worth an estimated $8.4 billion. These stock sales could potentially propel Bezos’ net worth and allow him to reclaim the title of the world’s wealthiest person from Musk.

As of now, Bezos sits at the No. 2 spot on Bloomberg’s Billionaires Index, with an estimated net worth of $200 billion, which is just $9 billion behind Musk who currently holds the No. 1 spot with $209 billion. Forbes calculates net worth differently than Bloomberg and as a result, their rankings differ slightly

Leave a Reply