Hours After Jeff Bezos Lost Position As World’s Richest Man, He Reclaims it With N77.2trn Net Worth

Hours After Jeff Bezos Lost Position As World’s Richest Man, He Reclaims it With N77.2trn Net Worth

- Amazon boss, Jeff Bezos, lost his position as the world's number one richest person to Bernard Arnault, the CEO of LVMH

- Hours after that happened, the Amazon boss got back in as he became $200 million (N81,750,000,000) richer than the fashion tycoon

- As it stands now, Elon Musk, Bill Gates, and Mark Zuckerberg are at the third, fourth, and fifth positions respectively

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Fashion boss, Bernard Arnault, surpassed Jeff Bezos on the world’s wealth ranking as he demoted him to number two on Monday, May 24.

Forbes reports that as at Monday morning, Bernard had a real-time estimated net worth of $186.3 billion (76,150,125,000,000), making him $300 million (N122,625,000,000) richer than Jeff whose worth was $186 billion.

Hours after Jeff Bezos lost position world's richest, he reclaims from Fashion boss
Despite the change, Bezos and Arnault still have big fortunes. Photo source: Mandel Ngel, Eric Piermont
Source: Getty Images

It is important to note that Bernard's fortune has seen a tremendous increase from $76 billion (N31,065,000,000,000) in 2021 to its present state.

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While every media was abuzz with the new change in fortune as the Amazon boss lost his place, on Wednesday morning, May 26, Jeff reclaimed his position with an estimated net worth of $188.9 billion (N77,212,875,000,000).

With the development, he kicked Bernard to the number two position with a $188.7 billion (N77,131,125,000,000) fortune. To get to where the Amazon chief is right now, the French fashion tycoon would have to gather more than $200 million (N81,750,000,000).

Also worthy of note is that these numbers were captured at the time of writing this report using Forbes real-time indicator and the position may change at any time.

Other people that make the top five on the ranking are Elon Musk, Bill Gates, and Mark Zuckerberg with $152.2b (N62,554,200,000,000), $126.2b (N51,868,200,000,000), and $118.8b (N48,826,800,000,000) respectively.

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Meanwhile, Legit.ng reported that the Amazon founder announced he will be stepping down as the company's CEO.

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In a letter to employees on Tuesday, February 2, Bezos said he will be transiting to the role of Executive Chair of the Amazon Board.

The position of CEO will be taken by Andy Jassy, who joined the multi-national technology company at around 1997, about two years after it was founded.

Source: Legit.ng

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