business
Jeff Bezos fast closing in on Elon Musk to reclaim richest man in the world title
Former richest man in the world, Jeff Bezos is about to reclaim his title from Elon musk as his worth is now $191billion which is $3billion close to Elon’s $194billion
Jeff Bezos, owner of Amazon company who runs the $1.643 trillion valued company is now worth $191 billion and within striking distance of the present world’s richest man, Elon Musk, estimated to now be worth $194 billion, according to data retrieved from Bloomberg Billionaire Index.
The chief executive officer who is about to hand over his CEO title to an employee have under his tenure as the chief executive officer of the e-commerce giant actually ranked second among all S&P stocks since the IPO in May 1997.
The 57-year-old billionaire is the founder of Amazon, the world’s biggest online retailer company on earth. The American based company sells books, household goods, and other retail products through its flagship platform.
His company also controls the Whole Foods grocery chain and offers video streaming services and is still the biggest cloud computing provider all over the world.
His cash at the bank is estimated to be worth $9.7 billion and most of his wealth is tied to its stake in Amazon.
Recall the Chief Executive Officer and Founder, Amazon, recently stepped down from his role and has been replaced by Amazon’s Cloud Computing Division CEO, Andy Jassy.
