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, it has been reported that Bezos may soon reclaim the title of the world’s richest person after selling over $2 billion worth of Amazon stock.

On February 7th, Bezos proposed to sell 50 million Amazon shares, which are estimated to be worth around $8.4 billion. These stock sales could potentially propel Bezos’ net worth and allow him to take back the top spot from Tesla CEO Elon Musk, who currently holds the No. 1 spot with an estimated $209 billion.

Bezos sits at the No. 2 spot on Bloomberg’s Billionaires Index with an estimated net worth of $200 billion, just behind Musk who has a net worth of $209 billion. However, in recent weeks, Musk’s net worth has declined due to Tesla’s stock dropping 24% in the first two months of the year. This has affected Musk’s claim as the world’s wealthiest person and he lost his No.1 spot on Forbes’ real-time billionaire tracker in late January to LVMH chairman Louis Vuitton Moet Hennessy (LVMH). Forbes calculates net worth differently than Bloomberg and according to them Arnault and family hold No.1 spot with a net worth of $220 billion while Musk is No. 2 on Forbes list with an estimated net worth of $201.6 billion and Bezos is No.3 at $195.9 billion

By Editor

Leave a Reply