Jeff Bezos once again the world’s richest person after Rolling Mill Week

Jeff Bezos once again the world’s richest person after Rolling Mill Week

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THE CHANGING FORTUNES OF THE WORLD’S RICHEST

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Mazon chief Jeff Bezos ended a collision car week against Tesla founder Elon Musk by becoming the world’s richest man again, with an estimated net worth of $ 181.5 billion (despite his fortune on Friday $ 1.4 billion). The two men swapped places for first place on our Real-Time Billionaires list almost every day over the past week.

Markets opened lower on Friday after President-elect Joe Biden revealed in a speech last night the details of his proposed $ 1.9 billion coronavirus relief package, with investors likely to react to the potential of a second trial of the Senate against President Trump to delay the legislation for weeks along with the possibility of higher taxes in the incoming Democratic government.

Amazon’s share fell just under 1% by Friday closing time, while Tesla’s fell more than 2%, enough to put Bezos ahead of Musk. More generally, technological stocks are lower, probably also 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 both closed out 1.5% respectively.

Yet there were many billionaire winners. Ma Huateng, chairman of Tencent Holdings, which owns the country’s most popular app, Weibo, saw its fortune increase to $ 6.6 billion as shares in Tencent offered a midweek rally, for a new estimated net worth of $ 62.8 billion. And back in the United States, Zoom Video Communications founder Eric Yuan also had a good week, with his fortune raising $ 1.5 billion to a new estimated net worth of nearly $ 17 billion. Zoom announced on Friday that it was selling $ 2 billion worth of shares in a secondary public offering. Airbnb CEO and co-founder Brian Chesky saw his net worth increase to $ 1.4 billion to a new estimated $ 12.9 billion, amid news that the house service terms Washington, DC, had canceled for additional to prevent unrest during the inauguration of Biden. Airbnb shares have risen 13% in the past week.

HERE ARE THE BILLIONAIMS THAT HAVE INCREASED FORTUNES MOST OF THE WEEK.

The net change in value is from the closing of markets on Friday 8 January to Friday 15 January.

NETWORK | $ 62.8 BILLION, UP $ 6.6 BILLION

COUNTRY | CHINA

SOURCE OF RICHES INTERNET MEDIA

NETWORK | $ 18.7 BILLION, UP $ 3.1 BILLION

COUNTRY | CHINA

SOURCE OF RICHES E-CIGARETTE

NETWORK | $ 22.3 BILLION, UP $ 2.4 BILLION

COUNTRY | CHINA

SOURCE OF RICHES INTERNET MEDIA

NETWORK | $ 40.5 BILLION, UP $ 2.3 BILLION

COUNTRY | JAPAN

SOURCE OF RICHES INTERNET, TELECOM

NETWORK | $ 23.5 BILLION, UP $ 2 BILLION

COUNTRY | CHINA

SOURCE OF RICHES | PHARMACEUTICAL

NETWORK | $ 5.4 billion, UP $ 1.9 billion

COUNTRY | BRAZIL

SOURCE OF RICHES HOSPITALS, HEALTHCARE

NETWORK | $ 18.6 BILLION, UP $ 1.6 BILLION

COUNTRY | HONG KONG

SOURCE OF RICHES SMARTPHONE SCREENS

NETWORK | $ 2.7 billion, UP $ 1.5 billion

COUNTRY | BRAZIL

SOURCE OF RICHES MEDICAL LABS

NETWORK | $ 16.9 BILLION, UP $ 1.5 BILLION

COUNTRY | UNITED STATES

SOURCE OF RICHES VIDEO CONFERENCE

NETWORK | $ 12.9 BILLION, UP $ 1.4 BILLION

COUNTRY | UNITED STATES

SOURCE OF RICHES AIRBNB

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