Connect with us

Hi, what are you looking for?


Jeff Bezos Reclaims World Richest Man Tittle, Overtakes Elon Musk


Amazon CEO Jeff Bezos has reclaimed his tittle as the World’s Richest Person after overtaking Tesla CEO Elon Musk.

On Tuesday, February 16, 2021, Elon Musk’s shares fell by 2.4%, losing about $4.5 billion, dragging him down to the second position on Bloomberg Billionaire Index ranking.

Jeff Bezos’ net worth also fell by about $372 Million but that was sufficient to take him to the top spot, a position he has held for about three years.

Musk gave back the World’s Richest Person tittle to Bezos just as quickly as he rose in the rankings. Until last month, Bezos had been the richest man since 2017.

Jeff Bezos | GETTY

On Wednesday, February 17, 2021, Bloomberg Billionaire Index currently says Bezos is worth $191 Billion and Elon Musk is worth $190 Billion.

RELATED :  Domestic Violence : Lil’Frosh Reportedly Rearrested, To Be Charged To Court

Elon Musk’s swift movement to first position occurred in January.

Amazon CEO Bezos’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.

According to CNBC, Earlier this month, Bezos announced he would turn the helm over to Amazon’s top cloud boss Andy Jassy. Bezos is expected to still keep an eye on the company he founded, but he will have more time to focus on other projects, including his Blue Origin rocket company and The Washington Post, as well as philanthropic ventures the Bezos Earth Fund and the Amazon Day 1 Fund.

Microsoft’s founder, Bill Gates remains at the world’s Third Richest Person with $137 billion of worth.

"As e dey hot"
Get the latest Entertainment Gist & Scoops on a daily.
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

You May Also Like


Luck seems to have ran out on two boys identified as Chiboy Ezike, 25, and 23-year-old Chiemere Ajuluchukwu, who were recently caught by the...


Popular Nigerian actress, Kate Henshaw has spoken about giving. The star took to her Twitter page to share her thoughts with many of her...


A woman identified as Chinwendu in Imo state has dropped dead after being shot by her hunter boyfriend. It was gathered that the hunter,...


The Joint Admissions and Matriculation Board (JAMB), said on Sunday that all admissions across the country in the tertiary institutions for the 2020/2021 academic...