New Delhi: Jeff Bezos Leaving the rest of the world behind in terms of wealth accumulation.
The world’s richest man reached a record $211 billion after Tuesday heroine.com Inc. shares rise 4.7% after 7% pentagon announced it was canceling its cloud-computing contract with rival Microsoft Corporation The rally boosted Bezos’ fortune by $8.4 billion, according to the Bloomberg Billionaires Index.
The last time anyone in a Bloomberg ranking was close to this amount was in January, when Tesla Inc.’s Elon Musk briefly lost $210 billion. The two men spent the first half of the year trading at the top spot as the world’s richest man, but Bezos has tightened his grip on No. 1 since mid-March as Amazon’s shares nearly 20% during that time. had climbed.
Soaring stock prices in recent months have boosted the fortunes of a group of tech titans, including Musk. Tesla remains second only to Bezos with a net worth of $180.8 billion, despite a fall in Tesla shares on Tuesday. France’s luxury goods magnate Bernard Arnault is at number three with $168.5 billion.
Bezos’s record haul is even higher during the 2020 Amazon stock boom, when his net worth stood at $206.9 billion, as the pandemic drove the company’s worth. Bezos, 57, officially stepped down as Amazon’s chief executive officer this week after a 27-year run. He still owns about 11% of the company and serves as the executive chairman of the firm.
The Pentagon said on Tuesday it was ending a $10 billion cloud-computing contract awarded in 2019 to Microsoft Corp after several years of tussle between the government and some of the biggest US tech companies over the deal. The decision indicates that it plans to split the work between Microsoft and rival Amazon.
Bezos’ ex-wife and the world’s 15th-richest man Mackenzie Scott on Tuesday jumped $2.9 billion in her wealth, up from the $2.7 billion given so far this year. It’s just a reminder that some billionaires can’t give away their money faster than they earn.
The world’s richest man reached a record $211 billion after Tuesday heroine.com Inc. shares rise 4.7% after 7% pentagon announced it was canceling its cloud-computing contract with rival Microsoft Corporation The rally boosted Bezos’ fortune by $8.4 billion, according to the Bloomberg Billionaires Index.
The last time anyone in a Bloomberg ranking was close to this amount was in January, when Tesla Inc.’s Elon Musk briefly lost $210 billion. The two men spent the first half of the year trading at the top spot as the world’s richest man, but Bezos has tightened his grip on No. 1 since mid-March as Amazon’s shares nearly 20% during that time. had climbed.
Soaring stock prices in recent months have boosted the fortunes of a group of tech titans, including Musk. Tesla remains second only to Bezos with a net worth of $180.8 billion, despite a fall in Tesla shares on Tuesday. France’s luxury goods magnate Bernard Arnault is at number three with $168.5 billion.
Bezos’s record haul is even higher during the 2020 Amazon stock boom, when his net worth stood at $206.9 billion, as the pandemic drove the company’s worth. Bezos, 57, officially stepped down as Amazon’s chief executive officer this week after a 27-year run. He still owns about 11% of the company and serves as the executive chairman of the firm.
The Pentagon said on Tuesday it was ending a $10 billion cloud-computing contract awarded in 2019 to Microsoft Corp after several years of tussle between the government and some of the biggest US tech companies over the deal. The decision indicates that it plans to split the work between Microsoft and rival Amazon.
Bezos’ ex-wife and the world’s 15th-richest man Mackenzie Scott on Tuesday jumped $2.9 billion in her wealth, up from the $2.7 billion given so far this year. It’s just a reminder that some billionaires can’t give away their money faster than they earn.
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