Рубрики IT businessNews

Amazon founder Jeff Bezos overtakes Elon Musk to become the world’s richest man again

Published by Kateryna Danshyna

According to Bloomberg Billionaires Index, on Tuesday Bezos’s fortune reached $200 billion, returning him to the top of the billionaires’ list.

Business Insider notes, that in 2017 Bezos first overtook Microsoft co-founder Bill Gates as the world’s richest person, and last held the title in 2021 — before his was pushed by Elon Musk (at one point, the advantage of Tesla’s CEO reached $142 billion).

Jeff Bezos’ wealth growth during the year

Bezos regained the top spot after a long period of growth in Big Tech stocks amid the artificial intelligence boom. The billionaire owns the aerospace company Blue Origin and 9% of the e-commerce giant Amazon (this year alone, the company’s shares have grown by 17%).

Musk and Bernard Arnault, owner of the LVMH luxury goods brand are in second and third place with $198 billion and $197 billion, respectively. Tesla shares have fallen by 24% this year.

Bloomberg Billionaires Index as of 05.03.2024