According to Bloomberg, Bezos is now $ 3 billion ahead of Elon Musk, the world’s second-richest man. Jeff Bezos has seen a huge increase in his fortune despite stepping down as Amazon CEO. Bezos is currently the Executive Chairman of Amazon. At present, Bezos’ net worth is estimated at $ 221 billion. As the current largest shareholder of Amazon, Bezos’ assets rose by about Rs 62,730 crore in the last day alone. That’s because Amazon shares are up 4.7%.
According to Bloomberg, Bezos is now $ 3 billion ahead of Elon Musk, the world’s second-richest man. Elon Musk topped the list of the world’s richest last March, beating Bezos. This was due to the fact that Elon Musk’s cryptocurrency position caused a surge in the shares of his companies.
But the value of the musk fell in April as the cryptocurrency withdrew. With this, it lost its number one position in the list of the richest people in the world. Shares of Amazon, meanwhile, have risen 20% since March. This cemented Jeff Bezos’ position on the rich list.
At the same time, it is an order that has now led to a sharp increase in Bezos’ bones. It’s the Pentagon’s first move. Amazon, the e-commerce giant, is currently the most competitive sector in cloud computing. Among them, software giants Microsoft are their main rivals. The shares of Amazon rose 4.7% after the Pentagon announced yesterday that it was terminating its cloud computing agreement with Microsoft Corporation. The setbacks for rivals helped Amazon and Bezos. Following this, shares of Microsoft plummeted.