• Fri. Mar 1st, 2024

Bezos’ Net Worth Boosts: How the Amazon Chair is Closing the Gap with Musk for World’s Richest Title

ByEditor

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

Bezos, the chairman of Amazon, is currently the world’s second richest man. According to Bloomberg, his estimated net worth is $200 billion. However, his title as the world’s richest person may soon change as he recently sold over $2 billion worth of Amazon stock.

Bezos sold approximately 12 million shares of Amazon stock in a filing with the US Securities and Exchange Commission. He also announced plans to sell an additional 50 million shares around February 7th, worth an estimated $8.4 billion. These sales could potentially boost Bezos’ net worth and allow him to reclaim the title of the world’s wealthiest person from Musk, who currently holds this position with a net worth of $209 billion.

As of now, Bezos sits at the No. 2 spot on Bloomberg’s Billionaires Index with an estimated net worth of $200 billion. This is just $9 billion behind Musk, who currently holds the No. 1 spot. However, Musk’s net worth has been impacted by recent developments, with Tesla’s stock dropping 24% in the first two months of the year. This has caused Musk to lose his position as the wealthiest person on Forbes’ real-time billionaire tracker.

Forbes calculates net worth differently than Bloomberg and currently lists Arnault and family as No. 1 with a net worth of $220 billion. Musk is now No. 2 on Forbes with an estimated net worth of $201.6 billion, while Bezos is No

Leave a Reply