Jeff Bezos, the founder and executive chairman of Amazon, has recently sold over $8.4 billion worth of Amazon stock, potentially boosting his net worth and allowing him to reclaim the title of the world’s richest person from Tesla CEO Elon Musk. According to a filing with the U.S. Securities and Exchange Commission, Bezos sold nearly 12 million shares of Amazon stock for more than $2 billion.
Additionally, there are rumors that Bezos may sell more shares in the near future, with reports indicating that he plans to sell approximately 50 million shares around February 7th. If this sale occurs, it could significantly increase Bezos’ net worth and put him back on top of the list of the richest people in the world.
As of now, Jeff Bezos ranks second on the Bloomberg Billionaires Index with an estimated net worth of $200 billion, just $9 billion behind Musk who currently holds first place with $209 billion. However, Forbes calculates net worth differently than Bloomberg and has Arno and family in first place with a net worth of $220 billion. Musk is No. 2 on Forbes’ list with an estimated net worth of $201.6 billion while Bezos is No. 3 with $195.9 billion.
In recent weeks, Musk’s net worth has declined due to Tesla stock down by 24% in the first two months of the year which affected his claim as the richest person in the world when Forbes tracked him losing his No. 1 spot to LVMH chairman in late January.