Jeff Bezos Surpasses Bernard Arnault to Become the World’s Wealthiest Person

Jeff Bezos Becomes World’s Richest Person Once Again, But His Path to Wealth is Different from That of Fellow Billionaires

Jeff Bezos has recently become the world’s richest person once again, surpassing luxury tycoon Bernard Arnault. With a net worth of $209 billion, Bezos is now leading Bloomberg’s Billionaires Index. This marks a $32 billion increase since the beginning of the year as Amazon’s stock has risen by almost 25%.

Bezos and Arnault may have similar fortunes, but their paths to wealth are vastly different. Bezos owns Blue Origin, a space exploration company, and holds around 9% of Amazon, according to an SEC filing. On the other hand, Arnault is the CEO and chairman of LVMH Moët Hennessy. Following Bezos and Arnault on the rich list are Elon Musk with a net worth of $200 billion, Mark Zuckerberg with $179 billion, and Larry Page with $156 billion.

In March, Bezos briefly overtook Musk as the world’s richest person. Bezos has also given back to charity, with a recent donation of $117 million to fund the preschools he founded. He has pledged to donate the majority of his wealth to charity in 2022. Jensen Huang, the CEO of Nvidia, has also seen a significant increase on the rich list, climbing to 14th place with a $107 billion fortune thanks to Nvidia’s soaring stock.

Representatives for Bezos at Amazon did not respond to a request for comment from Business Insider.

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