Jeff Bezos, the founder of Amazon, recently sold over $3 billion in Amazon stock, making him the second richest man. His year-long sales stand at $13 billion.
The new fund-raise includes more than 16 million shares, the company disclosed in a filing with regulators obtained by GeekWire. Just when its stock price once again is nudging against the critical $200-per-share barrier first breached last July, when Bezos also sold a massive batch.
What Uplifts Bezos’s Net Worth?
Amazon owner, Jeff’s net worth has grown by $42.8 billion in the past year. According to data his net worth now stands at $220 billion. This is because of Amazon’s rising stock prices. This is all the trick of excellent marketing strategies Jeff Bezos puts behind his company, for growth. As a result, Amazon’s performance in the market has clearly enhanced the fortune of its founder through the stocks. He now outranks Meta’s Mark Zuckerberg and other top digital figures still ahead in the ranking. Bezos is just behind Elon Musk in the second position.
Jeff Bezos: The $220 Billion Man
Jeff Bezos still sits at the second rank on the Bloomberg Billionaires Index with a net worth of about $220 billion. Although he trails Tesla’s chief Elon Musk, who reportedly has a net worth of $262 billion, he ranks ahead of Meta’s head Mark Zuckerberg, whose estimated net worth is $201 billion as of November 3rd.
The second richest Jeff Bezos still holds a significant % in Amazon holdings. This is the ownership percentage of around 10.8% according to the statement made in February 2024. Bezos resigned in 2021 as chief executive but still holds the position of chairman. He has also been working on other projects and heads them with dedication.
The Richest Man In The World- Elon Musk
Elon Musk is the world’s richest person, According to Forbes. With data his net worth is proved to be $263.8 billion. Elon Musk sources his net worth from the extensive and vast spread of different businesses he has. The primary source of his wealth is his ownership stake in Tesla and SpaceX. The former accounts for the most significant portion of his net worth, as he holds a 13% stake in the company. He owns 42% of SpaceX. His shares in X, The Boring Company, Neuralink, and xAI are valued at a combined $24 billion.
