Hours After Jeff Bezos Lost Position As World’s Richest Man, He Reclaims it With $188.9 billion Net Worth
- Amazon boss, Jeff Bezos, initially lost his position as the world's number one richest person to Bernard Arnault, the CEO of LVMH
- Hours after that happened, the Amazon boss got back in as he became $200 million (N81,750,000,000) richer than the fashion tycoon
- As it stands now, Elon Musk, Bill Gates, and Mark Zuckerberg are at the third, fourth, and fifth positions respectively
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Fashion boss, Bernard Arnault, surpassed Jeff Bezos on the world’s wealth ranking as he demoted him to number two on Monday, May 24.
Forbes reports that as of Monday morning, Bernard had a real-time estimated net worth of $186.3 billion (76,150,125,000,000), making him $300 million (N122,625,000,000) richer than Jeff whose worth was $186 billion.
Source: UGC
It is important to note that Bernard's fortune has seen a tremendous increase from $76 billion (N31,065,000,000,000) in 2021 to its present state.
While every media was abuzz with the new change in fortune as the Amazon boss lost his place, on Wednesday morning, May 26, Jeff reclaimed his position with an estimated net worth of $188.9 billion (N77,212,875,000,000).
With the development, he kicked Bernard to the number two position with a $188.7 billion (N77,131,125,000,000) fortune. To get to where the Amazon chief is right now, the French fashion tycoon would have to gather more than $200 million (N81,750,000,000).
Also worthy of note is that these numbers were captured at the time of writing this report using Forbes real-time indicator and the position may change at any time.
Other people that make the top five on the ranking are Elon Musk, Bill Gates, and Mark Zuckerberg with $152.2b (N62,554,200,000,000), $126.2b (N51,868,200,000,000), and $118.8b (N48,826,800,000,000) respectively.
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Meanwhile, Briefly News reported that Amazon founder Jeff Bezos had announced he will be stepping down as the company's CEO.
In a letter to employees on Tuesday, February 2, Bezos said he would be exiting the role of Executive Chair of the Amazon Board.
The position of CEO will be taken by Andy Jassy, who joined the multi-national technology company around 1997, about two years after it was founded.
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Source: Briefly News
Kelly Lippke (Senior Editor) Kelly Lippke is a copy editor/proofreader who started her career at the Northern-Natal Courier with a BA in Communication Science/Psychology (Unisa, 2007). Kelly has worked for several Caxton publications, including the Highway Mail and Northglen News. Kelly’s unique editing perspective stems from an additional major in Linguistics. Kelly joined Briefly News in 2018 and she has 14 years of experience. Kelly has also passed a set of trainings by Google News Initiative. You can reach her at kelly.lippke@briefly.co.za.
Phumzile Ngcatshe (Editor) Phumzile Ngcatshe is a staunch football fan and a lover of political and human interest stories. He launched his journalism career working for various community publications but eventually joined Goal.com where he worked until October 2020. In March 2021 Pumzile also started writing human interest, mainstream and sports news for Briefly News. Phumzile's love for writing saw him earn a national qualification in Journalism and Media Studies and a qualification in video and television production.
