
“If na fight we go fight am”, reactions as Jeff Bezos reclaims position as World’s richest man
Jeff Bezos has reclaimed his earlier position as the world’s richest man as he beat Bernard Arnault to second place
The founder of Amazon was able to get the spot as Arnault’s wealth fell by a whopping $9.9 (N4,073,850,000,000) billion on Wednesday night, August 18
Bezos’ wealth which also dropped a bit stood at $186.1 (N76,580,150,000,000) billion when trading closed for the day on the same Wednesday
Jeff Bezos has again become the world’s richest man after he previously lost the spot to Bernard Arnault towards the end of July.
The CEO of Amazon reclaimed the spot on Wednesday, August 18, despite his company’s shares falling by 1.3%, a move that reduced his wealth by $1.3 billion (N534,950,000,000), Forbes reports
How their companies’ shares fared
On the other hand, Bernard’s LVMH shares dropped by a significant amount of 5.2%, thereby reducing the man’s worth by $9.9 billion (N4,073,850,000,000).
With the new development, Bezos’ wealth stood at an estimated $186.1 billion (N76,580,150,000,000) as of Wednesday night, kicking Bernard to the second position with an estimated $185 billion (N76,127,500,000,000) wealth.
Jeff Bezos has a space company
On the ranking, as at the time Forbes filed its report, Elon Musk is in the third position with $3.8 billion (N1,563,700,000,000) behind the first two richest men.
It should be noted that Jeff Bezos owns %10 shares in the e-commerce outfit. In addition to that, he is the founder of a space exploration company called Blue Origin.
