Jeff Bezos, the founder of the e-commerce behemoth Amazon, has once again secured his place at the top of the world’s richest people’s list, as reported by Bloomberg’s billionaire ranking. This marks the end of a three-year hiatus, during which Tesla and SpaceX chief, Elon Musk, held the coveted position.
According to Bloomberg’s assessment, Bezos’ wealth has reached a staggering figure of $200 billion, outstripping Musk’s fortune that is estimated to be around $198 billion. Bernard Arnault, the French business magnate and CEO of the luxury group LVMH, holds the third spot on the list with his wealth amounting to $197 billion.
Jeff Bezos initiated Amazon’s journey back in 1994 and has been instrumental in its rapid expansion and overwhelming success. However, since 2021, he has stepped away from the day-to-day operations of the company. Despite his reduced involvement, the rising shares of the e-commerce giant have continued to add to his wealth, thanks to his position as the largest shareholder.
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