Amazon founder Jeff Bezos has overtaken Tesla founder and fellow billionaire Elon Musk to regain his position as the world’s richest person for the first time in three years.
This comes after it was revealed that Bezos had sold $4 billion worth of stock since mid-February. Now, his net worth is $200 billion, while Musk’s is $198 billion.
Jeff Bezos Becomes The World’s Richest Person For The First Time In Three Years
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According to Bloomberg calculations, the Amazon founder is the richest person in the world, with a net worth of $200 billion as of Monday’s closing bell. The majority of this wealth is derived from his 9% ownership position in the massive e-commerce company.
In contrast, Musk’s net worth stands at $198 billion, while French LVMH billionaire Bernard Arnault rounds out the top three with $197 billion.
Last month, Bezos began selling his stake in his own company, which he founded in 1994 and initially operated out of his Seattle garage. The company’s stock has risen more than 19% since then.
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In 2021, Bezos stepped down as CEO of Amazon, with Executive Chairman as his current title. According to reports, he has sold about 25 million shares of the corporation in just one week. Since stepping down as CEO, this is the first stock he has sold.
Bezos revealed earlier this month that he plans to sell 50 million of his Amazon shares through Morgan Stanley, a brokerage firm, by 2025. The 60-year-old continues to have the largest stake in the company despite the sale, holding about 10% of the company’s shares.
Since he stepped down as CEO of Amazon, Bezos has turned his attention to other endeavors such as his philanthropic work and rocket startup Blue Origin. He has also been spending a lot of time with his partner Lauren Sanchez, who he recently proposed to.
Jeff Bezos Spends A Lot Of Time With His Fiancee Lauren Sanchez
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Last year, the power couple held their lavish engagement party at Barry Diller and Diane von Furstenberg’s home in Beverly Hills.
follow Vogue magazineHollywood superstars such as Barbra Streisand, Kris Jenner, Oprah Winfrey, Salma Hayek Pinault, Sarah Staudinger, Miranda Kerr, Robert Pattinson, Suki Waterhouse and many more are among the names that graced the spectacular event.
“They were very much in love with each other—they were clearly in love,” Diller, who co-hosted the evening with von Furstenberg, told the publication in an interview. “He lights it up in the best way. He’s a great motivator.”
Bezos and his fiancée previously hosted an engagement ceremony on his yacht at sea, where guests included Queen Rania of Jordan, Bill Gates, and Oscar Award-winning actor Leonardo DiCaprio.
Laurent Sanchez Says He And The Billionaire Are A ‘Team’
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During Sanchez’s interview with VogueThe media personality stated that she and Bezos are already making plans for the wedding.
“We’re still thinking about the wedding,” Sanchez said, adding, “what’s going to happen. Will it be big? Will it be overseas? We don’t know yet. We’ve only been engaged for five months!”
The 54-year-old then told how the billionaire proposed to her at sea by hiding the ring under a pillow after a romantic dinner. Sanchez found the ring at bedtime and said he was “a little blacked out” when Bezos opened the box.
When asked if she plans to take her fiancé’s last name, she said, “Uh, yeah, one hundred percent. I can’t wait to be Mrs. Bezos.”
She also talked about the duties that come with being the partner of the richest man in the world and stressed the importance of mutual cooperation in their union.
“I think there’s a lot of opportunity that comes with that, and I take that opportunity very seriously,” Sanches told the publication. “We always look at each other and say, ‘We’re a team.’ So everything is shared.”
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Source: thtrangdai.edu.vn/en/