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Jeff Bezos Overtakes Elon Musk To Reclaim World’s Richest Man Title

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4 years ago

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Jeff Bezos Overtakes Elon Musk To Reclaim World’s Richest Man Title
  • Bezos’s present net worth of $191 billion can buy 107 million troy ounces of gold or 3.01 billion barrels of crude oil

Fifty-seven-year-old American billionaire and founder of the world’s most valuable online retail company, Jeff Bezos, has just reclaimed the world’s richest person title, after surpassing Elon Musk some hours ago.

According to the real-time data retrieved from the Bloomberg Billionaire index, Bezos’s current wealth valuation of $191 billion has seen his personal wealth, which mostly comes from Amazon stocks, record steady gains over time.
Read also: Elon Musk Surpasses Bezos, Becomes World’s Richest Person
Elon Musk, who is currently worth $190 billion, saw his net worth plunge by $4.58 billion on Tuesday, as Tesla shares lost about 2.4% in value.
Jeff Bezos’ cash at the bank is estimated to be worth $9.7 billion and most of his wealth is tied to his stake in Amazon.
He owns about 11 per cent of Amazon, according to its most recent SEC filing.
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