Jeff Bezos is once again the world’s richest person thanks to the Big Tech rally

1 Min Read

It’s been more than two years since Amazon founder Jeff Bezos was the world’s richest person, but he’s now back in the lead again.

As of Tuesday, Bezos is the world’s wealthiest man, with a net worth of $200 billion, according to the Bloomberg Billionaires Index.

Bezos reclaimed the top spot after a sustained rally in Big Tech shares on the back of the artificial intelligence boom. The last time Bezos was the world’s richest person was in 2021.

Amazon shares are up 17% this year to date and nearly 90% higher than a year ago. They closed 0.4% lower at $177.58 apiece on Monday.


Jeff Bezos sells more Amazon stock, bringing total to $6 billion this month

Amazon founder Jeff Bezos warns the US economy may slump into a recession


 

Share This Article
1 Comment