Jeff Bezos Is Once Again Worth Over $200 billion
As shares of the e-commerce giant Amazon (AMZN) rose in anticipation of the company’s first-quarter earnings report, Jeff Bezos is once again worth over $200 billion. The Amazon founder and CEO is now $22 billion richer than Tesla CEO Elon Musk, the world’s second-richest person, and $30 billion richer than Tesla (TSLA) CEO Elon Musk, and $30 billion richer than French luxury tycoon Bernard Arnault.
Shares of the e-commerce giant were up 1.1% on Wednesday, pushing Jeff Bezos’ net worth up by $2.19 billion—to $201 billion—according to Bloomberg’s estimates. Bezos’ fortune is also the equivalent of 1% of US gross domestic product, which sat at $21.6 trillion.
He first became the richest man in the world in 2017. He became the richest man in modern history in 2018 when his personal fortune hit $150 billion. He first crossed $200 billion in late August 2020. He’s now $56 billion richer than Microsoft (MSFT) co-founder Bill Gates, who stands at number four.
While Jeff Bezos passed the $200 mark on Wednesday, two other billionaires passed the $100 billion mark. Larry Page and Sergey Brin hit centibillionaire status. Larry Page’s net worth rose by $2.81 billion, to $107 billion, while Sergey Brin’s fortune increased by $2.7 billion, to $104 billion. Google cofounders are now the 6th and 7th-wealthiest people in the world, respectively, according to Bloomberg’s calculations.
Most of Jeff Bezos’ wealth comes from his stock in Amazon, in which he has an 11% stake, according to 2020 SEC filings cited by Bloomberg. He also owns The Washington Post and the space exploration company Blue Origin.
Top 10 richest people in the world:
- Jeff Bezos: $201 billion
- Elon Musk: $179 billion
- Bernard Arnault: $151 billion
- Bill Gates: $145 billion
- Mark Zuckerberg: $115 billion
- Larry Page: $107 billion
- Sergey Brin: $104 billion
- Warren Buffett: $103 billion
- Steve Ballmer: $91.8 billion
- Larry Ellison: $89.3 billion
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