Jeff Bezos
Musk is now $100bn richer than Jeff Bezos
In the latest Forbes list, Musk increased his net worth to $282 billion, which is over $100 billion richer than Amazon founder Jeff Bezos, whose net worth is $183.6 billion, reports the Daily Mail. Musk was one of the biggest beneficiaries from the Covid-19 pandemic, as his net worth sat at just $26.6 billion at the beginning of 2020.
At USD 49 billion, Gautam Adani added more wealth than Elon Musk, Jeff Bezos in 2021: Report
This net addition to his wealth is more than what top billionaires Elon Musk, Jeff Bezos and Bernard Arnault added, as per the 2022 M3M Harun Global Rich List released on Wednesday. “Gautam Adani, 59, is the biggest gainer in the M3M Hurun Global List 2022 and added USD 49 billion to his wealth last year… (this addition is) more than top three global billionaires such as Elon Musk, Jeff Bezos and Bernard Arnault,” the list said.
Income inequality worsens during Covid pandemic, 100 % increase registered in wealth of world's top 10 billionaires: Report
The rate of wealth transfer to the billionaires occurred at USD 1.5 billion per day, Oxfam reported in a virtual conference at the World Economic Forum (WEF) summit. Terming this as an “economic violence”, Oxfam said that the pandemic and associated lockdowns has plunged 160 million people into poverty across the world and the resultant income inequality is leading to 21000 deaths per day, as per a report by the AFP.
Gates and Bezos-backed firm to pay $15 mn to hunt metals for EVs
KoBold will spend $15 million through 2024 to help Bluejay locate natural resources as part of its Disko-Nuussuaq project in Central West Greenland. "The Disko region has seen the rare convergence of events in earth's history that could have resulted in forming a world-class battery metal deposit," said Kurt House, CEO of KoBold.
Bernard Arnault overtakes Jeff Bezos as world's richest person
The French businessman's net worth is estimated at $198.9 billion, as per the Forbes Real-Time Billionaires List. Arnault had earlier become the world's richest person in December 2019, January 2020 and May 2021. As per the latest rankings, Bezos's net worth stood at $194.9 billion while Elon Musk is placed third. Tesla and SpaceX chief Musk's net worth is estimated at $185.5 billion.
US squashes Bezos' protest against NASA-SpaceX $2.9 bn contract
Blue Origin and defence contractor Dynetics had filed a protest with the US GAO against NASA for awarding $2.9 billion contract to SpaceX for landing astronauts on the Moon by 2024. The US space agency was expected to pick two lunar lander prototypes (including one of Blue Origin's) but funding cut from US Congress led the agency to select SpaceX over Blue Origin
Bezos retires officially, Andy Jassy takes over as Amazon CEO
On Amazon investor relations' website, Jassy is now listed as President and CEO of Amazon.com and also serves on the Board of Directors. Jassy founded and led Amazon Web Services (AWS) from its inception and served as its CEO from April 2016 until July 2021. In May, Bezos had announced that Jassy will take over as the CEO of the e-commerce giant on July 5.
Andy Jassy to become Amazon CEO on July 5: Bezos
The outgoing CEO Bezos said that he chose the date because July 5 is sentimental one for him. "It's the date that Amazon was incorporated in 1994, exactly 27 years ago," he said. Dave Lee, a correspondent with the Financial Times who covers Amazon, late on Wednesday tweeted the remarks by Bezos made to reporters.
Ignoble Oscars go to Narayanamurthy, Amit Agarwal, Jeff Bezos
The Asmbhav Awards were bestowed on individuals who really swung the axe of destruction amidst the innocent lot of the small Indian retailer. The winners really made the possible, well, impossible. The awardees were decided after enough careful thought and deliberation and were chosen on the basis of their singular, single-handed prowess in laying waste the dreams, aspirations and lives of the humble Indian retailer.
Jeff Bezos back as world's richest man as Elon Musk loses $4.6B
Tesla shares were down 2.4 per cent on Tuesday and Musk lost $4.6 billion, slipping to the second position on the Bloomberg Billionaires Index, a ranking of the world's 500 wealthiest people. Bezos returned as the world's richest man with a net worth of $191.2 billion.
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