Jeff Bezos, again, the richest person in the world after the roller coaster week

Jeff Bezos, again, the richest person in the world after the roller coaster week

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CHANGING FORTUNES OF THE RICHEST IN THE WORLD

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Jeff Bezos, the head of Mazon, ended a week of bumper cars against Elon Musk, founder of Tesla, once again becoming the richest person in the world, with an estimated net worth of $ 181.5 billion (despite his fortune fell $ 1.4 billion on Friday). The two switched places almost every day last week for first place on our list of Real-Time Billionaires.

Markets opened on the lowest Friday after President-elect Joe Biden released the details of his proposed $ 1.9 trillion coronavirus relief package in a speech the night before, with investors likely to react to the potential of a second impeachment trial of President Trump in the Senate to delay the passage of legislation for weeks, along with the possibility of higher taxes in the next Democratic government.

Amazon’s shares fell just under 1% at the close of Friday, while Tesla’s shares fell more than 2%, enough to put Bezos back ahead of Musk. More broadly, technology stocks are down, also likely due to Biden’s stimulus package. Meanwhile, the Dow Jones Industrial Average closed the week down 0.9%, while the Nasdaq and S&P 500 closed down 1.5%, respectively.

Still, there were many billionaire winners. Chinese Ma Huateng, president of Tencent Holdings, owner of the country’s most popular app, Weibo, saw his fortune rise by $ 6.6 billion as Tencent’s shares rebounded midweek, with a new estimated net worth of US $ 62.8 billion. And back in the U.S., Zoom Video Communications founder Eric Yuan also had a good week, with his fortune going up by $ 1.5 billion to an estimated new net worth of nearly $ 17 billion. Zoom announced on Friday that it had sold $ 2 billion in shares in a secondary public offering. Airbnb CEO and co-founder Brian Chesky saw his net worth rise by $ 1.4 billion to a new estimated $ 12.9 billion amid headlines that the home sharing service canceled bookings. Washington, DC to avoid further unrest during Biden’s inauguration. Airbnb’s shares rose 13% last week.

HERE ARE THE BILLIONAIRS WHOSE FORTUNES HAVE INCREASED THIS WEEK MORE.

The change in shareholders’ equity is due to the closing of the markets, Friday, January 8, until Friday, January 15.

NET VALUE | $ 62.8 BILLION, INCREASE BY $ 6.6 BILLION

COUNTRY | CHINA

SOURCE OF WEALTH | INTERNET MEDIA

NET VALUE | $ 18.7 BILLION, INCREASING $ 3.1 BILLION

COUNTRY | CHINA

SOURCE OF WEALTH | E-CIGARETTES

NET VALUE | $ 22.3 BILLION, INCREASING $ 2.4 BILLION

COUNTRY | CHINA

SOURCE OF WEALTH | INTERNET MEDIA

NET VALUE | $ 40.5 BILLION, INCREASING $ 2.3 BILLION

COUNTRY | JAPAN

SOURCE OF WEALTH | INTERNET, TELECOM

NET VALUE | $ 23.5 BILLION, INCREASED $ 2 BILLION

COUNTRY | CHINA

SOURCE OF WEALTH | PHARMACEUTICALS

NET VALUE | $ 5.4 BILLION, INCREASED $ 1.9 BILLION

COUNTRY | BRAZIL

SOURCE OF WEALTH | HOSPITALS, HEALTH CARE

NET VALUE | $ 18.6 BILLION, INCREASING $ 1.6 BILLION

COUNTRY | HONG KONG

SOURCE OF WEALTH | SMARTPHONE SCREENS

NET VALUE | $ 2.7 BILLION, INCREASE BY $ 1.5 BILLION

COUNTRY | BRAZIL

SOURCE OF WEALTH | MEDICAL LABS

NET VALUE | $ 16.9 BILLION, INCREASE BY $ 1.5 BILLION

COUNTRY | U.S

SOURCE OF WEALTH | VIDEO CONFERENCE

NET VALUE | $ 12.9 BILLION, INCREASING $ 1.4 BILLION

COUNTRY | U.S

SOURCE OF WEALTH | AIRBNB

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