Bezos becomes richest man in history with Rs334t net worth

By News Report
|
Published July 08, 2021

NEW YORK: Amazon chairman Jeff Bezos, already the world's wealthiest man, has set a new record for personal net worth by topping Rs334. 75t ($211 billion), foreign media reported.

Bezos, 57, gained $8.4 billion in net worth on Tuesday alone, according to the Bloomberg Billionaires Index, as Amazon stock soared 4.7 percent on the Pentagon's announcement that it is canceling the $10 billion JEDI contract with Microsoft.

It vaulted Bezos above the previous record of $210 billion, held briefly in January by Tesla CEO Elon Musk, who has seen his fortunes decline and now holds a mere $181 billion, putting him in distance second after Bezos. While Tesla stock has declined nearly 10 percent so far this year, Amazon shares have continued to soar, adding 15.4 percent since January 1.

Share this story: