[ad_1]
Jeff Bezos regains the top spot The never-ending battle for the title of the richest person in the world. He is the founder and chairman of Amazon. Selling billions of dollars worth of Amazon stock It has returned to number one in the last few weeks. Bloomberg Billionaires Index on monday.
According to Bloomberg, his net worth is $200 billion, increasing by $23.4 billion so far in 2024. Elon Musk slipped to second place with a net worth of $198 billion. Tesla’s CEO lost $31.3 billion this year. Tesla stock plummets By the start of 2024, it will be more than 24%. Bezos tops Bloomberg’s list for the first time since fall 2021according to the Wall Street Journal.
Mr. Bezos, Mr. Musk and Bernard Arnault, chairman of luxury conglomerate LVMH, have long taken turns vying for the title of world’s richest man. And according to another ranking, Arnault still sits at the top of the world. Forbes calculates estimated net worth differently than Bloomberg. Arnault and his family are still ranked number one on the real-time billionaires list $228.8 billion as of Monday. Forbes ranks Musk in second place with $202.3 billion and Bezos in third place with $198.5 billion.
read more: Stocks bought and sold by Bill Gates, Jeff Bezos, and other wealthy people around the world
Musk’s net worthis tied to Tesla stock, which has taken a big hit in recent weeks. The EV maker’s stock price plummeted in the first two months of this year, at one point hitting the highest level in the world. Worst performing company in the S&P 500. And a judge’s ruling earlier this year dealt another blow to Musk’s wealth. rescinding his historic $56 billion executive compensation package; He declared it unfair to shareholders.
Meanwhile, Bezos sold a total of 50 million Amazon shares worth about $8.4 billion in just nine business days last month. These sales were the first time Bezos has sold Amazon stock since 2021. He could end up saving about $600 million in taxes. Selling my Amazon stock cost me money because I recently moved to Florida. This is a state with no capital gains tax.
[ad_2]
Source link
