Jeff Bezos closes in on Elon Musk as the world’s richest person after selling Amazon stock

Jeff Bezos, the executive chairman of Amazon, is currently the world’s second richest man with an estimated net worth of $200 billion according to Bloomberg. However, his title as the wealthiest person in the world may soon be reclaimed as he recently sold more than $2 billion worth of Amazon stock.

Bezos sold 12 million shares of Amazon stock worth approximately $2 billion in a filing with the US Securities and Exchange Commission. Additionally, he proposed to sell 50 million Amazon shares around Feb. 7, worth an estimated $8.4 billion. These stock sales could potentially push Bezos’ net worth to new heights and allow him to reclaim the title of the world’s wealthiest person from Tesla CEO Elon Musk.

Musk currently holds the No. 1 spot on Bloomberg’s Billionaires Index with an estimated net worth of $209 billion, but his claim as the world’s wealthiest person has been impacted by recent developments. In late January, Musk lost his No. 1 spot on Forbes’ real-time billionaire tracker to Bernard Arnault, chairman of luxury conglomerate LVMH who is now at No. 1 with a net worth of $220 billion. Forbes calculates net worth differently than Bloomberg and Musk is now ranked No. 2 on the Forbes list with an estimated net worth of $201.6 billion while Bezos sits at No. 3 with $195.9 billion

By Editor

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