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Jeff Bezos surpasses Elon Musk and is again the richest in the world

2021-02-18T02:43:19.404Z


Jeff Bezos regained his title as the richest person in the world and ended Elon Musk's reign of about six weeks.


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Bezos is seen in 1996, a year after Amazon.com started.

At that time it was just an online bookstore.

Dean Rutz / KRT / ABACA / Alamy Stock

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Bezos and Sotheby's President and CEO Diana Brooks pose in a customized Volkswagen Beetle from the 1999 movie "Austin Powers: The Spy Who Shagged Me. Sotheby's and Amazon had teamed up to launch sothebys.amazon.com, a online auction site that would offer a wide range of objects, including this car.

Henny Ray Abrams / AFP / Getty Images

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Bezos holds an electric drill and a Pikachu stuffed animal in 1999. At this point, Amazon had started selling items other than books.

Chris Carroll / Corbis / Getty Images

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Gregory Nixon, left, delivers a set of vintage golf clubs that he sold to David Robichaud, center, through Amazon.com Auctions in 1999. Bezos was there for the time, as Robichaud, a worker from construction, was Amazon's 10 millionth customer.

Paul Connors / AP

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Bezos watches as Microsoft CEO Bill Gates presents a T-shirt as a retirement gift to Clippy, the Microsoft Office assistant, in 2001. Microsoft was launching Office XP.

Stan Honda / AFP / Getty Images

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Bezos and his wife, MacKenzie, arrive at a press conference in Sun Valley, Idaho, in 2003. They divorced in 2019 after 25 years of marriage.

Douglas C.

Pizac / AP

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Jeff Bezos represents one of Amazon's trademarks on the doors of the company's Seattle headquarters in 2004. Andy Rogers / AP

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Bezos introduces the Kindle e-reader at a press conference in 2007. Mark Lennihan / AP

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Bezos announces the Kindle DX in 2009. James Leynse / Corbis / Getty Images

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Bezos, third from left, meets with NASA Deputy Administrator Lori Garver at Blue Origin headquarters in Kent, Washington, in 2011. Bezos's Blue Origin was started in 2000 with the goal of providing low-cost access to private space travel.

Bill Ingalls / NASA / e yevine / Redux

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Bezos holds up the new Kindle Fire HD during a 2012 press conference in Santa Monica, California. David McNew / Getty Images

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Bezos appears on "Late Night with Jimmy Fallon" in 2012. Lloyd Bishop / NBCUniversal / Getty Images

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Bezos introduces the Fire Phone during an event in Seattle in 2014. Mike Kane / Bloomberg / Getty Images

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Bezos poses in a truck while visiting Bangalore, India, in 2014. Manjunath Kiran / AFP / Getty Images

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Bezos tours the new offices of The Washington Post in 2016. Bezos bought the newspaper in 2013. Bill O'Leary / The Washington Post / Getty Images

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Bezos listens to first lady Michelle Obama at a White House event in 2016. The event announced commitments from more than 50 companies to hire and train veterans and military spouses.

Bezos announced Amazon's commitment to hire 25,000 more military veterans in the next five years.

Chip Somodevilla / Getty Images

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Bezos joins "Transparent" actor Jeffrey Tambor and director Jill Soloway after the Amazon Studios show won Emmy Awards in 2016. Todd Williamson / Getty Images for Amazon Studios

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Bezos talks about his Blue Origin reusable rocket system in 2017. Reusable rockets would substantially reduce the cost of space flight.Nick Cote / The New York Times / Redux

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US President Donald Trump and Microsoft CEO Satya Nadella listen to Bezos at a meeting of the US Technology Council at the White House in 2017. According to the White House, the council's goal is " explore how to transform and modernize government information technology. "

Chip Somodevilla / Getty Images

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Bezos shakes hands with Kim Kardashian West while attending the Met Gala in New York in 2019. Actor Jared Leto is on the right.

Kevin Mazur / MG19 / Getty Images for The Met Museum / Vogue

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Bezos with kids from the Blue Origin Club for the Future in 2019. At the event in Washington, Bezos presented a Blue Origin prototype of a lunar lander.

Melissa Lyttle / Redux

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Bezos shows off Blue Moon, the Blue Origin's moon landing prototype, in 2019. Saul Loeb / AFP / Getty Images

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Bezos announces the co-founding of The Climate Pledge in 2019. Bezos's comprehensive plan to fight climate change includes complying with the Paris climate agreement 10 years earlier.

That would make the company carbon neutral by 2040. Bezos also announced that Amazon would buy 100,000 electric trucks.

Paul Morigi / Getty Images for Amazon

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Bezos with Hatice Cengiz, the fiancée of the late journalist Jamal Khashoggi, as a plaque is unveiled near the Saudi consulate in Istanbul in 2019. It was a year after Khashoggi, a columnist for The Washington Post, was assassinated.

Lefteris Pitarakis / AP

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Bezos sits between his girlfriend, Lauren Sánchez, and Vogue magazine editor Anna Wintour at a Tom Ford fashion show in Los Angeles in February 2020. Stefanie Keenan / Getty Images for Tom Ford: Fall / Winter 2020 Runway show

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Bezos testifies before a subcommittee of the House of Representatives during an antitrust hearing in July 2020. Apple CEO Tim Cook and Facebook CEO Mark Zuckerberg were also questioned about their competitive tactics.

Graeme Jennings / Pool / Getty Images

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Bezos posted this photo of himself and his mother, Jacklyn, after the Blue Origin recovery ship was named in their honor.

Instagram

(CNN Business) ––

Jeff Bezos regained his title as the world's richest person and ended Elon Musk's roughly six-week reign at the top of the list.

Musk lost about $ 4.5 billion on Tuesday, after Tesla shares fell 2.4%.

Which was enough to launch him to second place on the Bloomberg Billionaires Index.

Bezos's net worth also declined as the broader stock market lost some ground.

However, his loss was not that extreme, he only received a hit of approximately 372 million dollars.

And that was enough to regain the title that he held for about three years.

  • Jeff Bezos: what you need to know about the founder of Amazon

Currently, the index says that Bezos is worth $ 191 billion, compared to Musk's $ 190 billion.

Musk's rise to first place occurred in early January, when Tesla shares soared.

The 170 million shares of Tesla it already has increased in value by $ 106 billion during 2020, as the shares soared 743% during the course of the year.

Tesla's CEO also fanned the flames during a trading frenzy that blew up (and then deflated) GameStop stock.

For his part, Bezos also had a pretty solid 2020.

The Amazon CEO's stake in the company increased by $ 75 billion in 2020, to $ 173.3 billion.

This due to the huge increase in sales that fueled the covid-19 pandemic.

Earlier this month, Bezos announced that he will step down from his position as CEO and move up to the position of chairman of the board later this year.

Meanwhile, Bill Gates remains the third richest person in the world with a value of $ 137 billion.

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Chris Isidore of CNN Business contributed to this report.

Amazon Elon Musk Richest Man in the World Jeff Bezos Tesla

Source: cnnespanol

All news articles on 2021-02-18

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