Jeff Bezos Reclaims His Title Of World's Richest Person, Dethrones Elon Musk

Date: 17-02-2021 8:31 pm (3 years ago) | Author: onuigbo felicia
- at 17-02-2021 08:31 PM (3 years ago)
Online (f)

Jeff Bezos has reclaimed his title of world’s richest person, ending Elon Musk’s six-week reign atop the list.
Musk lost about $4.5 billion Tuesday after Tesla’s (TSLA) shares fell 2.4 percent, which was enough to knock him to second place on the Bloomberg Billionaires Index ranking.

Bezos’ net worth also fell as the broader stock market lost a bit of ground but his loss wasn’t as extreme, only taking a hit of about $372 million. The index currently says Bezos is worth $191 billion compared to Musk’s $190 billion.

Musk became the richest man in the world early in January when Tesla’s stock was rising. The 170 million shares of Tesla he already owns increased in value by $106 billion during 2020, as shares shot up 743 percent during the course of the year.

Bezos had a rather robust 2020, too. The Amazon CEO’s stake in the company increased by $75 billion in 2020, to $173.3 billion, given the huge increase in sales driven by the Covid-19 pandemic.

Bill Gates remains the world third-richest person worth $137 billion.

Posted: at 17-02-2021 08:31 PM (3 years ago) | Addicted Hero

fire TRENDING GISTS fire

TODAY'S TOP
  1. VIDEO: Man Arrested After Being Caught Sleeping With His Friend's Wife

  2. How German Police Arrest 11 Nigerians Over Dating Scam

  3. Actress Wumi Toriola Rejoices As She Completes Master’s Degree At Lautech, Shares Photos

  4. Junior Pope; Movie Producer, Adanma Luke Denies Claims That She Abandons Families Boat Mishap

  5. 'Reality TV Show, Social Media Portray My Parents In Bad Light' – 2Baba’s Daughter, Isabella

  6. "If Yahaya Bello Is Not Prosecuted, I’ll Resign" — Olukoyede Vows

  7. "I Will Never Play Dumb To Promote A Song" –Popular Rapper, Ice Prince

  8. 21Yr Old Parents Accuse Of Beating Their 5 Week Old Twin Girls To Death

  9. PHOTOS: How Four Friends Died In Akwa Ibom Auto Crash

  10. Nigerian Software Engineer, Chukwudi Rape 13Yr Old Girl On Children’s Day In Lagos

  11. Tragedy Struck Kaduna Community Again As Bandits Kill 3 Persons, Abduct 8 Others

  12. Traders Count Losses As Fire Destroy Goods Worth Billions Of Naira In Edo

  13. Gunmen Reportedly Kill Nasarawa Monarch’s Police Escort, Abduct Wife, Aide

  14. UPDATE: FAAN Reopens Lagos Airport Runway After Dana Air Incident


THIS WEEK
  1. Davido Reveals Fate of Peruzzi And Other Signed Artistes After Dissolving DMW Record Label

  2. Abia Police Parade Suspected Criminals, Including ABSU Student Involved In Fatal Shooting

  3. Pastor, David Odeniyi Seeks Divorce After Wife Strips Him Nak3d In Front Of His Congregation

  4. How Past Abia Govt Paid N107.2 Bn To Contractors For Non-existent Abia Airport & Other Projects

  5. 'Brand Ambassador', Phyna Calls Out Pepsi For Supplying Her Expired Drinks

  6. Lady Who Was Dragged For Wearing a Racy 'Asoebi' Outfit to a Wedding Reception Breaks Silence

  7. Ex-Nigerian Customs Sole Administrator, Omlago Ango Damages Estranged Wife's Abuja Home

  8. Abia State Police Arrest Suspects Linked To Mysterious Death of 23-Yr-Old Hope Chinedu Prosper

  9. UNIPORT Lecturer Caught on Camera Pants Down, S3xually Harassing a Female Student in His Office

  10. Nollywood Actress Toyin Abraham Extends Olive Branch To Funke Akindele,Calls For Industry Unity


TOP MEMBERS: