Jeff Bezos surpasses Bernard Arnault to reclaim title of world's richest person
Amazon CEO Jeff Bezos has once again become the world's richest person surpassing French luxury conglomerate Louis Vuitton Moet Hennessey (LMVH) boss Bernard Arnault on the Forbes Billionaires list.
As per Forbes Billionaires list, Arnault had claimed the number one spot on Monday with a net worth of $186.4 billion defeating Bezos whose net worth was at $186 billion. Meanwhile, Tesla and SpaceX CEO Elon Musk found the third spot with USD 147.3 billion.
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Jeff Bezos had lost his number one spot after Arnault ended the day $800 million richer—with a net worth of $186 billion—after the company’s shares increased nearly half a percent higher at the close in Europe.
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However, Arnault's position lasted only for a day. On Tuesday, Jeff Bezos' net worth increased by USD 313 million to USD 189.2 billion overtaking Arnault who stood at 189.1 billion, an increase of USD 251 million. Elon Musk remained on the third spot with a net worth of USD 155.1 billion.
The net worth of the world's richest person, Jeff Bezos, has grown by 34 percent on average over the last five years.
2021 has been a roller coaster year for the Amazon founder ever since he decided to step down from the position of CEO.
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