Amazon shares have suddenly increased by 4.7 percent, after which Jeff Bezos, the world’s richest man, has become even richer. His net worth is $211 billion (over 20,000 crores), which is a new record high.
Indeed, after the Pentagon announced the cancellation of his cloud-computing contract with rival Microsoft Corp, Bezos’s wealth suddenly increased by $8.4 billion (or 800 million). Bloomberg has confirmed this. Tesla Inc owner Elon Musk was last stripped of the ‘world’s richest tag’ after crossing the $210 billion mark in Bloomberg rankings.
Rising stock prices in recent months have boosted the fortunes of several conglomerates, including Elon Musk. Despite the fall in Tesla shares on Tuesday, he still has a net worth of $180.8 billion, second only to Bezos.
France’s luxury goods magnate Bernard Arnault is at number three with $168.5 billion. Jeff Bezos, 57, officially stepped down as Amazon’s chief executive officer this week after a 27-year stint. He still owns about 11% of the company and serves as the executive chairman of the firm.
pentagon Finish its contract with microsoft
The Pentagon said on Tuesday that the Rs 1,000-crore cloud-computing contract awarded to Microsoft Corporation in 2019 has been terminated after years of wrangling between the government and some of the biggest US tech companies over the deal.
Mackenzie Scott’s money witnesses big encouragement
On Tuesday, the wealth of Jeff Bezos’s ex-wife and world’s 15th richest person Mackenzie Scott also reached 290 crores, which is more than 270 crores given so far this year.
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