Home Business Jeff Bezos dethrones Elon Musk as the richest in the world

Jeff Bezos dethrones Elon Musk as the richest in the world

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“Sorpasso” among billionaires. Jeff Bezos dethrones Elon Musk and it is him again richest man in the world. According to the Bloomberg Billionaires Index, updated on March 6, 2024, the businessman’s fortune is 197 billion dollars (around 181 billion euros), while that of the CEO of X (Twitter) is 192 billion dollars (around 176,000 million euros) .

The good performance of Amazon on the stock market, up 89% in the last 12 months and 18% in 2024, and the decline of Tesla, Musk’s flagship company, down 24% so far this year and 3% in 12 months – which in numbers corresponds to a loss of about 30,000 million dollars (27,585 million euros) – have allowed Bezos to regain the crown that he lost at the end of 2021.

According to estimates by Boomberg, So far in 2024, Bezos’ wealth has increased by $20.1 billionwhile Musk’s was reduced by $36.6 billion. In this context, the news agency AFP has stated that “The Bloomberg Billionaires Index is a daily ranking of the world’s richest people. For details on the calculations, see the wealth analysis on each billionaire’s profile page. The numbers are updated at the end of each day in New York«. This explains the fact that the positions of the “richest man in the world” can vary from moment to moment.

Last month, Amazon’s founder was embroiled in a controversy about it Sale of additional shares worth 2,000 million dollars (1,839 million euros)., bringing the total value of the shares sold to $4,000 million (3,678 million euros), according to regulatory documents accessed by the Financial Times. This is part of one plans to sell up to 50 million of its securities through broker Morgan Stanley by January 31, 2025.

Bezos, who founded Amazon in 1994, has stepped away from running the company to pursue other ventures, including his space group Blue Origin. Specifically, the American media announced that cash generation is responding to the need to invest in the development of Blue Origin to surpass SpaceX and Starlink, both companies owned by Musk.

The businessman, owner of The Washington Post newspaper and director of the Bezos Earth Fund charity group, also recently drew attention for his move from Seattle to Miami. In November, Bezos himself announced via his Instagram account that he was leaving Seattle, the city where he had lived most of his life, to “be closer to their parents and Blue Origin operations«.

They placed themselves below Bezos and Musk in the ranking Mark Zuckerberg (176,000 million), founder of Facebook and head of Meta; And Bill Gates (149 billion), co-founder of Microsoft.

Amancio Ortega, the only Spaniard among the 20 richest

On his side is the best positioned Spaniard Amancio Ortega, founder and majority shareholder of the Inditex groupIt lies as the 16th richest person in the world With a net worth of $88.1 billion, he is the first Spaniard to appear on the list compiled by Bloomberg and the only one in the top 20.

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