Monday, April 15, 2024

Jeff Bezos’ total wealth hits new top score at $211 billion

According to official sources, Amazon founder is the affluent man in the world. Jeff Bezos, wealth jumped to a record high of $211 billion on Tuesday. The progress now in the overall value of the now-former chief head of Amazon’s properties was because of a growth in the company’s shares by nearly 20% ever since mid-March.

Agreeing to the statistics the overall value of Bezos’ possessions based on the stock trading improved by $8.44 billion to $211 billion. As the news organization stressed, this volume is the best for any of the entities involved in this ranking.

According to sources, Bezos is now the wealthiest person in the world. However, the originator as well as the head of Tesla and SpaceX, Elon Musk, is in second place. The third place is unavailable as it is taken by Bernard Arnault, president of the LVMH group of companies specializing in luxury products, with his $169 billion.

In this January Bezos’s record jumped to $210 billion. In current months, it has fallen about to $181 billion. These two billionaires used up the first months of the year substituting the award of the wealthiest person on this earth.

On Monday, Bezos walked away from being the CEO of the Amazon Establishment after 27 years. He was substituted by Andy Jassy, who formerly controlled the cloud service of Amazon Web Services. It is one of the greatest fast-developing divisions inside the tech market. Bezos is still the corporation’s decision-making chairman in addition to he owns around 11% of the corporation.

This Tuesday, the Pentagon was certain to call off a $10 billion cloud-computing agreement that was awarded to Microsoft in 2019. In the subsequent years, there were arguments among the government and some top tech giants over the contract. The conclusion may show that the work will be divided between Microsoft and Amazon,

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