Jeff Bezos offloads $2 billion worth of Amazon shares
10 months, 2 weeks ago

Jeff Bezos offloads $2 billion worth of Amazon shares

Live Mint  

Jeff Bezos has offloaded Amazon shares worth $12 million this week. Amazon disclosed on 2 February that Jeff Bezos plans to sell as many as 50 million shares of Amazon over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person. Bezos sold some 12 million Amazon shares, at between $168-171 per share, according to documents sent to stock market regulatory authorities Friday. A previous stock market document, out Wednesday, reported his intention to sell, next July, 50 million shares of the group he founded 30 years ago, and of which he is today executive chairman.

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History of this topic

Jeff Bezos became world’s richest man despite earning a ‘humble’ salary at Amazon—here’s how
1 week, 1 day ago

Jeff Bezos became world’s richest man despite earning a ‘humble’ salary at Amazon—here’s how

Live Mint  

Jeff Bezos was the world’s richest person until Elon Musk overtook him in October 2024. Bezos earned the top spot despite earning a ‘humble’ salary of just $80,000 per year as Amazon’s founder, which is approximately ₹67 lakh, according to The New York Times. If Bezos had earned $80,000 per year for 20 years, as he did during his time …

Amazon founder Jeff Bezos reveals details of his salary
Trending News
1 week, 2 days ago

Amazon founder Jeff Bezos reveals details of his salary

India Today  

Amazon founder Jeff Bezos, one of the world’s wealthiest individuals, recently revealed that despite his huge fortune, his annual salary at the company remained fixed at $80,000 for many years. Bezos' approach to keeping a low salary had some big financial implications, particularly when it came to taxes. This practice of earning little in official salary while benefiting primarily from …

Elon Musk becomes the first person on earth to reach a net worth of $400 billion
2 weeks ago

Elon Musk becomes the first person on earth to reach a net worth of $400 billion

CNN  

New York CNN — The richest person in the world just hit an even higher milestone. Elon Musk’s net worth has reached $400 billion, according to Bloomberg, making him the first person ever to cross that mark. Behind his nearly $20 billion jump in wealth was a deal that shot up Musk’s rocket company SpaceX’s valuation to roughly $350 billion, …

US election: World’s 10 richest people become richer by record $64 billion after Donald Trump’s win
1 month, 2 weeks ago

US election: World’s 10 richest people become richer by record $64 billion after Donald Trump’s win

Live Mint  

Donald Trump was not the only winner in Wednesday's US election. Eight of the nine Americans in the Bloomberg Billionaires Index's Top 10 billionaires list became richer, and their wealth soared by a record amount of $63.5 billion. Larry Ellison Oracle co-founder Larry Ellison, another Donald Trump supporter, saw his net worth shot up to $193 billion – an increase …

Billionaires Buffett, Huang & Bezos, who remained tight-lipped about election, see their wealth balloon after Trump win
1 month, 2 weeks ago

Billionaires Buffett, Huang & Bezos, who remained tight-lipped about election, see their wealth balloon after Trump win

Hindustan Times  

While Donald Trump enjoyed the support of the richest person in the world, Elon Musk, there were several billionaires who remained silent during the 2024 US presidential race. Berkshire Hathaway Chairman and CEO Warren Buffett While many well-known figures publicly supported either Vice President Kamala Harris or Trump, a sizable section of the population, including Larry Page, a co-founder of …

Elon Musk's net worth surges by $26.5 billion after Donald Trump wins US election
1 month, 2 weeks ago

Elon Musk's net worth surges by $26.5 billion after Donald Trump wins US election

Hindustan Times  

The victory of Republican candidate and former president Donald Trump in the US elections this time led to the net worth of his largest backer surging by $26.5 billion. Elon Musk, the world's richest person, has also been one of Trump's largest supporters for this election, having donated around $119 billion to his campaign and endlessly supporting him on his …

Amazon reports boost in quarterly profits but misses revenue estimates
4 months, 3 weeks ago

Amazon reports boost in quarterly profits but misses revenue estimates

The Hindu  

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. Amazon also said it expects revenue for the current quarter, which ends September 30, to be between $154 billion and $158.5 billion — lower than the $158.22 billion forecast by analysts. The company said Thursday that Amazon Web …

Amazon reports boost in quarterly profits but misses revenue estimates
4 months, 3 weeks ago

Amazon reports boost in quarterly profits but misses revenue estimates

Associated Press  

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. Amazon also said it expects revenue for the current quarter, which ends Sept. 30, to be between $154 billion and $158.5 billion — lower than the $158.22 billion forecast by analysts. The company said Thursday that Amazon Web …

Jeff Bezos set to sell Amazon shares worth billions of dollars
5 months, 2 weeks ago

Jeff Bezos set to sell Amazon shares worth billions of dollars

Hindustan Times  

Jeff Bezos founded Amazon in 1994 in his garage in Washington. Recently, the tech mogul announced his intention to sell billions of dollars' worth of Amazon shares. Amazon founder Jeff Bezos says he will sell shares worth $5 billion. Jeff Bezos sells Amazon shares worth $5 billion Jeff Bezos announced he will be selling another chunk of Amazon shares that …

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value
5 months, 4 weeks ago

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value

NPR  

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value toggle caption Jenny Kane/AP NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant's stock past that threshold. Amazon now joins Google's parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia …

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time
5 months, 4 weeks ago

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time

Associated Press  

NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold. Amazon now joins Google’s parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia among companies with valuations of at least $2 trillion. Most of the focus has been on business-focused products, …

What are Jeff Bezos, Mark Zuckerberg up to? US billionaires sell $11 billion in stock
9 months, 1 week ago

What are Jeff Bezos, Mark Zuckerberg up to? US billionaires sell $11 billion in stock

Hindustan Times  

American billionaires are selling stocks and not in small numbers at all. In final two months of 2023, Mark Zuckerberg sold nearly half a billion dollars of Meta Platforms Inc. shares. Jeff Bezos sold another 14 million Amazon shares, worth around $2.4billion bringing the total number of shares he has sold in the firm to about 50 million. Mark Zuckerberg …

How Jeff Bezos built his $200B fortune and became world's richest man
9 months, 2 weeks ago

How Jeff Bezos built his $200B fortune and became world's richest man

Daily Mail  

Jeff Bezos has taken back his spot as the world's richest man for the first time in three years after amassing a $200billion fortune. Bezos sold off a total of $4billion worth of Amazon shares since mid-February, regulatory filings revealed, but he is still the firm's highest shareholder, owning close to 10 percent of company stock. Bezos stepped down as …

How Jeff Bezos built his $200BN fortune to become the world's richest man: Amazon founder made $7.9MN EVERY hour last year and is now worth more than THREE HUNDRED times Tom Cruise's mega $600MN fortu
9 months, 2 weeks ago

How Jeff Bezos built his $200BN fortune to become the world's richest man: Amazon founder made $7.9MN EVERY hour last year and is now worth more than THREE HUNDRED times Tom Cruise's mega $600MN fortu

Daily Mail  

Jeff Bezos has taken back his spot as the world's richest man for the first time in three years after amassing a $200billion fortune. In February 2020, he shelled out $165million for this 13,600 sq ft Georgian-style mansion in Beverly Hills, California, which boasts terraces, guest houses, a tennis court, and a nine-hole golf course Jeff Bezos's yacht named Koru …

Bezos dethrones Musk to reclaim title of world's richest man
9 months, 2 weeks ago

Bezos dethrones Musk to reclaim title of world's richest man

The Hindu  

Amazon founder Jeff Bezos took back his spot as the world's richest man on Monday, dethroning Elon Musk on the Bloomberg Billionaires Index. Mr. Musk, who also heads X and SpaceX, has seen his riches fall by more than $30 billion as Tesla's share price has dropped 25% in recent months. Jeff Bezos just passed Elon Musk to retake the …

Jeff Bezos overtakes Elon Musk as world's richest for the first time in three years as Amazon founder's net worth tops $200billion while Tesla creator's stumbles after $55.8billion compensation packag
9 months, 2 weeks ago

Jeff Bezos overtakes Elon Musk as world's richest for the first time in three years as Amazon founder's net worth tops $200billion while Tesla creator's stumbles after $55.8billion compensation packag

Daily Mail  

Jeff Bezos is back on top as the world's richest man for the first time in three years as his worth sits at $200billion and former No. At the same time, Tesla CEO and X chair Musk, 52, saw a judge rule in late January that he must hand back the biggest pay packet in corporate history, at $55billion, following …

Jeff Bezos topples Elon Musk to reclaim title of world’s richest man
9 months, 2 weeks ago

Jeff Bezos topples Elon Musk to reclaim title of world’s richest man

Al Jazeera  

Bezos has gained $23bn in 2024, while Musk has lost $31bn, according to the Bloomberg Billionaires Index. Jeff Bezos has dethroned Elon Musk to reclaim his title as the world’s richest man. The Amazon founder’s net worth currently stands at $200bn, topping the Tesla chief’s $198bn, the Bloomberg Billionaires Index showed on Tuesday. The billionaires’ wealth gains and losses closely …

Jeff Bezos sells more Amazon shares, billionaire unloads over $4 billion worth in less than a week
10 months, 1 week ago

Jeff Bezos sells more Amazon shares, billionaire unloads over $4 billion worth in less than a week

Firstpost  

Jeff Bezos, the billionaire founder of Amazon, has recently sold additional shares in the company, totalling more than $4 billion in value, in just a week. This follows an announcement earlier in the month that Bezos planned to sell a total of 50 million shares over the next year, valued at around $8.4 billion at current market prices. Speculation arose …

Why did Jeff Bezos sell 24 million Amazon shares worth over USD 4 billion?
10 months, 1 week ago

Why did Jeff Bezos sell 24 million Amazon shares worth over USD 4 billion?

India TV News  

Amazon founder Jeff Bezos has reportedly sold 24 million shares of the company in recent days. Earlier this month, the company said that Bezos is planning to sell at least 50 million Amazon shares over the next year. According to a filing with the US Securities and Exchange Commission, Amazon, where Bezos currently serves as executive chair, said its billionaire …

Why is Jeff Bezos selling Amazon shares?
10 months, 1 week ago

Why is Jeff Bezos selling Amazon shares?

Hindustan Times  

Earlier this week, Jeff Bezos' statement with federal regulators marked his parting ways with nearly 12 million Amazon shares worth more than $2 billion. Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion on Feb. 7, 2024, and Feb. 8. Notifying the US Securities and Exchange …

Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion, with more to come
10 months, 1 week ago

Jeff Bezos sells nearly 12 million Amazon shares worth at least $2 billion, with more to come

The Hindu  

Jeff Bezos filed a statement with federal regulators indicating his sale of nearly 12 million shares of Amazon stock worth more than $2 billion. The Amazon executive chairman notified the U.S. Securities and Exchange Commission of the sale of 11,997,698 shares of common stock on Feb. 7 and Feb. 8. The collective value of the shares of Amazon, which is …

Jeff Bezos sells 12 million Amazon shares in first major stock sale since 2021
10 months, 2 weeks ago

Jeff Bezos sells 12 million Amazon shares in first major stock sale since 2021

Hindustan Times  

Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. Jeff Bezos, founder of Amazon, speaks at the George W. Bush Presidential Center's Forum on Leadership in Dallas, Texas in April. Amazon disclosed on Feb. 2 that Bezos plans to sell as many as 50 million shares …

Jeff Bezos discloses plan to sell 50 million Amazon shares as stock surges
10 months, 3 weeks ago

Jeff Bezos discloses plan to sell 50 million Amazon shares as stock surges

Hindustan Times  

Jeff Bezos plans to sell as many as 50 million shares of Amazon.com Inc. over the next 12 months, potentially cashing in on a stock surge that’s put him within reach of becoming the world’s richest person. Founder, Chairman, CEO and President of Amazon Jeff Bezos The disclosure comes after Amazon reported its best online sales growth since early in …

Amazon founder Jeff Bezos invests $79 Million in New Miami Beach mansion
1 year, 2 months ago

Amazon founder Jeff Bezos invests $79 Million in New Miami Beach mansion

Hindustan Times  

Jeff Bezos recently expanded his impressive real estate holdings in Florida with the purchase of a neighboring property for $79 million, following his $68 million acquisition of a mansion near Miami Beach last summer. Bezos' beachside billionaire bash: Amazon founder expands luxe Florida estate. “Bezos paid $79 million for his neighbor’s house this week,” one source says, adding, “He must …

Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher
1 year, 4 months ago

Amazon reports better-than-expected revenue and profits for 2Q, sending its stock higher

Associated Press  

NEW YORK — Amazon on Thursday posted better-than-expected revenue and profits for the second quarter, sending its stock higher in after-hours trading. Jassy said growth in the cloud business, which had slowed since last year as companies cut back on costs, “stabilized as customers started shifting from cost optimization to new workload deployment.” AWS grew by 12%, slower than 16% …

Amazon founder Jeff Bezos loses almost $1 billion, a day after company fired 18 thousand employees
1 year, 11 months ago

Amazon founder Jeff Bezos loses almost $1 billion, a day after company fired 18 thousand employees

India Today  

Amazon is currently sailing through the uncertainty of the economic slowdown. According to the Bloomberg Billionaires Index which tracks the real-time net worth of riches, Jeff Bezos lost around $949M which is around $1billion dollars in a day after Amazon announced to fire 18 thousand employees. Earlier in November 2022, Amazon fired thousands of employees across departments but didn't reveal …

Amazon boss Jeff Bezos to give away most of $124 billion wealth to charity
2 years, 1 month ago

Amazon boss Jeff Bezos to give away most of $124 billion wealth to charity

Live Mint  

Amazon founder Jeff Bezos will donate most of his wealth to charities that focus on climate change and social and political discrimination. In an exclusive interview with CNN, Bezos and his partner, journalist-turned-philanthropist Lauren Sánchez, said they intend to donate the majority of his wealth within his lifetime and currently the couple is “building the capacity to be able to …

Zuckerberg and Bezos combined one-day wealth loss: A whopping ₹1.3 lakh crore
2 years, 1 month ago

Zuckerberg and Bezos combined one-day wealth loss: A whopping ₹1.3 lakh crore

Live Mint  

American billionaires Jeff Bezos and Mark Zuckerberg witnessed a sharp fall in their net worth in a day on Thursday, dragged by the fall in Amazon and Meta's shares which erased around $16 billion from the two billionaires' fortunes combined. Mark Zuckerberg’s fortune plunged by over $11 billion to $37.7 billion, according to the Bloomberg Billionaires Index, after his Meta …

Elon Musk extends lead as world’s richest man with $300bn fortune as Tesla shares surge on record deliveries
2 years, 11 months ago

Elon Musk extends lead as world’s richest man with $300bn fortune as Tesla shares surge on record deliveries

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk’s estimated net worth …

Amazon’s Jeff Bezos loses richest billionaire tag to fashion tycoon
3 years, 4 months ago

Amazon’s Jeff Bezos loses richest billionaire tag to fashion tycoon

Live Mint  

Fashion tycoon Bernard Arnault has surpassed Amazon founder Jeff Bezos and Tesla CEO Elon Musk to become the richest billionaire in the world. The group's reported 10-fold increase on annual basis in its bottom-line net profit soared at 5.3 billion euros between January and June this year. LVMH shares rose 2.4 points to $697.10 by 1:10 pm GMT on Thursday, …

Amazon begins new chapter as Bezos hands over CEO role
3 years, 5 months ago

Amazon begins new chapter as Bezos hands over CEO role

LA Times  

Even after he steps down as Amazon CEO, Jeff Bezos will still hold sway over the company he started out of his Seattle garage in 1995. Amazon.com Inc. founder Jeff Bezos stepped down as chief executive Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the COVID-19 pandemic. Andy Jassy, who …

In Jeff Bezos' letter, mention of a couple that bought 2 shares of Amazon in 1997
3 years, 8 months ago

In Jeff Bezos' letter, mention of a couple that bought 2 shares of Amazon in 1997

Hindustan Times  

Jeff Bezos, in his final letter to shareholders as the chief executive officer of Amazon, talked about a couple that bought two shares of the company for their 12-year-old son in 1997, and 24 years later, is going to use the return on their investment to buy a house. Mary and Larry, whose second name was withheld for privacy reasons, …

Amazon infuses ₹225 crore into payments unit Amazon Pay in India
3 years, 9 months ago

Amazon infuses ₹225 crore into payments unit Amazon Pay in India

The Hindu  

Amazon has infused over ₹225 crore into its payments unit in India, Amazon Pay, according to regulatory documents. aggregating to ₹225 crore to the existing shareholder on rights basis”, regulatory documents sourced by business intelligence platform Tofler showed. In January last year, Amazon founder Jeff Bezos had announced $1 billion incremental investment in India to help bring small and medium …

Warren Buffett's Fortune Tops $100 Billion After His Stock Hit Record High
3 years, 9 months ago

Warren Buffett's Fortune Tops $100 Billion After His Stock Hit Record High

News 18  

Investor Warren Buffett’s fortune surged above $100 billion Wednesday when shares of his company hit a record high at over $400,000 apiece. Berkshire’s shares have generally been increasing over the past two weeks since Buffett released his annual letter to shareholders late last month. Buffett’s fortune, which is mostly tied to his ownership of 248,734 Class A shares, topped $101 …

Amazon’s Retail Side Won’t Be a Side Hustle
3 years, 10 months ago

Amazon’s Retail Side Won’t Be a Side Hustle

Live Mint  

Amazon.com’s new boss may come from the cloud. Amazon announced earlier this week that Andy Jassy, current chief executive of the company’s AWS cloud division, will be running the whole company by the third quarter of this year. Consider that Amazon’s direct retail revenue from its online and physical stores, plus its third-party selling services, exceeded $294 billion last year—more …

Amazon surpasses $100B in quarterly revenue for 1st time
3 years, 10 months ago

Amazon surpasses $100B in quarterly revenue for 1st time

India TV News  

After Apple, Amazon became the second US tech company to log its largest quarter by revenue of all time at $125.56 billion, as online shopping broke all records in the holiday quarter amid the Covid-19 pandemic. Amazon also announced that Jeff Bezos will transition to the role of Executive Chair in the third quarter of 2021 and Andy Jassy, CEO …

Meet Andy Jassy, Amazon's New CEO Who Has Been With Jeff Bezos for Last 24 Years
3 years, 10 months ago

Meet Andy Jassy, Amazon's New CEO Who Has Been With Jeff Bezos for Last 24 Years

News 18  

Andy Jassy is all set to take over as the next CEO of Amazon, replacing Jeff Bezos, Amazon announced on Tuesday. Jassy currently leads the company’s cloud computing offshoot, Amazon Web Services, which provides a range of online services for businesses, and is one of the most profitable divisions of the e-commerce giant. In Amazon’s early years, Jassy reportedly took …

Who is Andy Jassy, the new Amazon CEO taking over from Jeff Bezos?
3 years, 10 months ago

Who is Andy Jassy, the new Amazon CEO taking over from Jeff Bezos?

CNN  

New York CNN Business — Amazon founder Jeff Bezos will transition from CEO to executive chair and pass the reins to Andy Jassy, a 24-year Amazon veteran, later this year, the company announced Tuesday. Jassy also spent time in the early 2000s in a position referred to at the time as Bezos’ “shadow,” a role similar to a corporate chief …

Jeff Bezos is stepping down as Amazon CEO, to be replaced by Andy Jassy from AWS
3 years, 10 months ago

Jeff Bezos is stepping down as Amazon CEO, to be replaced by Andy Jassy from AWS

CNN  

New York CNN Business — Amazon founder Jeff Bezos will step down from his role as chief executive later this year and transition to the role of executive chair, the company said Tuesday. Amazon said it delivered more than a billion products to customers worldwide during a “record-breaking holiday season.” Revenue from Amazon Web Services grew 28% from the prior-year …

Jeff Bezos, Amazon’s founder, will step down as CEO
3 years, 10 months ago

Jeff Bezos, Amazon’s founder, will step down as CEO

LA Times  

Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as chief executive, a role he’s had for nearly 30 years, to become executive chairman, the company announced Tuesday. On the same day Amazon announced Bezos would step down, the company reported making a record profit …

Elon Musk overtakes Jeff Bezos to become world’s richest person
3 years, 11 months ago

Elon Musk overtakes Jeff Bezos to become world’s richest person

CNN  

New York CNN Business — Elon Musk edged past Amazon founder Jeff Bezos to grab the title of world’s richest person, according to Bloomberg. A 6% rise in Tesla shares early Thursday lifted the value of its CEO’s stock holdings and options by $10 billion, taking his net worth to about $191 billion. Another gain in Tesla shares Wednesday lifted …

Mark Zuckerberg, Jeff Bezos gain most on day one of post-election limbo
4 years, 1 month ago

Mark Zuckerberg, Jeff Bezos gain most on day one of post-election limbo

Live Mint  

Despite lingering uncertainty over the U.S. election, the country’s ultra-rich already have plenty to celebrate. Tech billionaires in Silicon Valley saw a hotly contested ballot question on the employment status of gig workers pass in their favor, while an Illinois measure to swap the state’s flat income tax with a graduated system went down in defeat after Citadel’s Ken Griffin …

Jeff Bezos and His Uncanny Resemblance With 'Meme Man' Could Explain Amazon's Rising 'Stonks'
4 years, 3 months ago

Jeff Bezos and His Uncanny Resemblance With 'Meme Man' Could Explain Amazon's Rising 'Stonks'

News 18  

We are in an ensuing deadly pandemic. Yes, we are talking about Amazon chief Jeff Bezos who, on August 26, became the first-ever individual to hit a net worth of $200 billion. The reason behind such absurd accumulation of wealth could perhaps be because of Bezos’ uncanny “resemblance” with the “meme man“, a poorly drawn yet popular 3D figure int …

Amid Covid-19, Jeff Bezos Becomes World's First Person to Hit Net Worth of $200 Billion
4 years, 3 months ago

Amid Covid-19, Jeff Bezos Becomes World's First Person to Hit Net Worth of $200 Billion

News 18  

Amid a pandemic which has hurt businesses and economies alike, CEO of Amazon Jeff Bezos on August 26 became the first-ever individual to hit a net worth of $200 billion. On August 26, Amazon’s share price climbed 2.3 percent to $3,423 per share, helping Bezos enter the $200 billion net worth territory in the process. Bezos’ net worth is more …

Jeff Bezos becomes world's first $200 billionaire. Check Top 10 List
4 years, 3 months ago

Jeff Bezos becomes world's first $200 billionaire. Check Top 10 List

India TV News  

Amazon founder Jeff Bezos has become the world's first-ever $200 billionaire. As of 9 am on Thursday, the Amazon founder and CEO is worth $205.0 billion—nearly $90 billion more than the world's second-richest person, Microsoft founder Bill Gates, who's currently worth $116.1 billion. Bezos's net worth is up by $4.9 billion, making the 56-year-old the first-ever person to amass a …

Elon Musk becomes a centibillionaire, Jeff Bezos’ wealth tops $200 billion
4 years, 3 months ago

Elon Musk becomes a centibillionaire, Jeff Bezos’ wealth tops $200 billion

Live Mint  

Three of the world’s richest people have achieved staggering new levels of personal wealth. Tesla Inc. shares rallied Wednesday, pushing his net worth to $101 billion, according to the Bloomberg Billionaires Index, a listing of the world’s 500 richest people. The world’s 500 richest people have gained $809 billion so far this year, a 14% increase since January, even as …

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