Stocks TradingCharts.com

stocks prices, charts & quotes

Free Stock Prices, Charts & Stock Price Quotes

Search
Symbol Search Browse Symbols My Charts Menu
QUICK QUOTE
QUICK CHART
F.A.Questions Suggestion Box Advertising Info Commodity Charts Forex Markets

Stocks & Financial News

Breaking financial news 24/7 courtesy of TradingCharts.com Inc. / TFC Commodity Charts

Amazon CEO Jeff Bezos Regains Top Slot Among World's Richest People

Feb 18, 2021 (Equities.com via Comtex) --

Image: Jeff Bezos. Source: Amazon.com

Amazon.com Inc (Nasdaq: AMZN) chief executive officer Jeff Bezos reclaimed his title this week as the world’s richest person, ending Tesla Inc (Nasdaq: TSLA) chief Elon Musk’s six-week reign at the top.

According to the Bloomberg Billionaires Index, which ranks the world’s richest based on their current net worth, Bezos's wealth stands at $191.2 billion, $955 million more than Musk.

On Tuesday, Musk saw his net worth slide by $4.6 billion after Tesla shares closed at $792.22, down more than 2.4%. Up until January 2020, Bezos had been the world’s richest person since 2017, but Musk surpassed him to capture the title after surging Tesla shares boosted his net worth to over $185 billion.

According to Bloomberg data, Bezos’s 11% stake in Amazon is valued at $174 billion, accounting for more than 90% of his total fortune.

Bezos, who plans to step down as Amazon’s chief executive officer this summer and will transition into an executive chair role, has set a few wealth milestones in recent years.

In August 2020, he became the first person to see his net worth surge above $200 billion. In 2018, CNBC reported that he became the world’s richest man in recent history when his personal wealth climbed above $150 billion.

_____

Source: Equities News

comtex tracking

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.