Jeff Bezos again the world’s richest person after the roller coaster week

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THE CHANGING FORTUNES OF THE RICHEST WORLD

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mazon chief Jeff Bezos ended a bumper car week against Tesla founder Elon Musk by once again becoming the richest person in the world, with an estimated net worth of $ 181.5 billion (despite his fortune falling $ 1.4 billion on Friday). The two men traded places almost every day for the last week for the top spot on our Real-Time Billionaires list.

Markets opened lower on Friday after President-elect Joe Biden released the details of his proposed $ 1.9 trillion coronavirus relief package in a speech last night, with investors likely reacting to the potential of a second impeachment lawsuit by the Senate against President Trump to delay the passing of the legislation for weeks, along with the possibility of higher taxes in the upcoming Democratic administration.

Amazon’s stock fell just under 1% against Friday’s closing bell, while Tesla’s was down more than 2%, enough to put Bezos ahead of Musk again. More generally, technology stocks have fallen, probably also as a result of Biden’s stimulus package. Meanwhile, the Dow Jones Industrial Average finished the week 0.9%, while the Nasdaq and S&P 500 both ended 1.5% lower respectively.

Still, there were plenty of billionaire winners. China’s Ma Huateng, chairman of Tencent Holdings, owner of the country’s most popular app, Weibo, saw his fortune grow by $ 6.6 billion as Tencent’s stock rallied midweek for a new estimated net worth of $ 62. 8 billion. And back in the US, Zoom Video Communications founder Eric Yuan also had a good week, with his $ 1.5 billion fortune reaching a new estimated net worth of nearly $ 17 billion. Zoom announced on Friday that it has sold $ 2 billion worth of stock in a secondary public offering. Brian Chesky, CEO and co-founder of Airbnb, saw his net worth increase by $ 1.4 billion to an estimated $ 12.9 billion amid headlines that the homesharing service canceled reservations in Washington, DC due to additional unrest during its inauguration of Biden. Airbnb shares were up 13% in the past week.

HERE ARE THE BILLIONARES OF WHICH FORTUNES HAS INCREASED MOST THIS WEEK.

The net asset value change is from Friday, January 8 to Friday, January 15.

NET WORTH | $ 62.8 BILLION, MORE $ 6.6 BILLION

COUNTRY | CHINA

SOURCE OF WEALTH | INTERNET MEDIA

NET WORTH | $ 18.7 BILLION, MORE $ 3.1 BILLION

COUNTRY | CHINA

SOURCE OF WEALTH | E-CIGARETTES

NET WORTH | $ 22.3 BILLION, MORE $ 2.4 BILLION

COUNTRY | CHINA

SOURCE OF WEALTH | INTERNET MEDIA

NET WORTH | $ 40.5 BILLION, MORE $ 2.3 BILLION

COUNTRY | JAPAN

SOURCE OF WEALTH | INTERNET, TELECOM

NET WORTH | $ 23.5 BILLION, MORE $ 2 BILLION

COUNTRY | CHINA

The fact is, you don’t have to worry.SOURCE OF WEALTH | PHARMACEUTICAL PRODUCTS

NET WORTH | $ 5.4 BILLION, MORE $ 1.9 BILLION

COUNTRY | BRAZIL

The fact is, you don’t have to worry.SOURCE OF WEALTH | HOSPITALS, HEALTH CARE

NET WORTH | $ 18.6 BILLION, MORE $ 1.6 BILLION

COUNTRY | HONG KONG

The fact is, you don’t have to worry.SOURCE OF WEALTH | SMARTPHONE SCREENS

NET WORTH | $ 2.7 BILLION, MORE $ 1.5 BILLION

COUNTRY | BRAZIL

The fact is, you don’t have to worry.SOURCE OF WEALTH | MEDICAL LABORATORIES

NET WORTH | $ 16.9 BILLION, MORE $ 1.5 BILLION

COUNTRY | UNITED STATES

The fact is, you don’t have to worry.SOURCE OF WEALTH | VIDEO CONFERENCE

NET WORTH | $ 12.9 BILLION, MORE $ 1.4 BILLION

COUNTRY | UNITED STATES

The fact is, you don’t have to worry.SOURCE OF WEALTH | AIRBNB

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