Overtaking Jeff Bezos as shares of Amazon fell on Thursday. Amazon’s stock fell 1.2%, lowering Bezos’ net worth by $2 billion, to $182.8 billion. Shares of electric-vehicle maker Tesla, on the other hand, lost 1.1% on Thursday, pushing Musk’s net worth down by $1.8 billion. Musk is now worth $182.9 billion, which again makes him the wealthiest person on the planet, according to Forbes’ estimates. The Tesla chief is now just less than $1 billion richer than Bezos, who falls to second-richest person in the world. The two billionaires have spent much of the last week competing for the title of wealthiest person on the planet. Musk took the number one spot from Bezos last Friday and again on Tuesday, Forbes calculates. Both billionaires are over $30 billion richer than the world’s third-wealthiest person, LVMH chairman Bernard Arnault, who is worth $149.4 billion, Forbes estimates. Musk’s net worth has grown at an astonishing rate over the last year, rising more than $150 billion since March 2020, when he was worth $24.6 billion. Bezos’ fortune has also continued to grow, though not as fast: He’s up from $113 billion in March 2020.
SOURCE: FORBES AFRICA
More Stories
Richard Branson’s Oasis in Morocco Gets Top Prize
Tunisia’s Cork Industry Damaged by Wild Fires
A Hub to Grow East Africa’s Justice Innovators
Can Africa’s Green Initiatives Mitigate Effects of Climate Change?
Key Talks with Guinea’s Interested Parties
France Criticises Deal bringing Russian Mercenaries into Mali
A Blow to Africa’s Treatment of Curable Diseases
Tobacco Company Accused of Sending Bribes to Mugabe
How Kenyan Airways Pivoted to Meet New Market Shift
Online Service Made Benin the Fastest Place in the World to Start a Company
One of the Most Challenging and Inventive Figures in Contemporary African Art
The Devastating Impact of War on Nigerien Children