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Jeff Bezos Gains N903.10billion in a Day as Bernard Arnault Loses Over Half a Trillion
Business and Economy

Jeff Bezos Gains N903.10billion in a Day as Bernard Arnault Loses Over Half a Trillion

by  Khadijah Thabit 2 min read
  • The wealth of United States billionaire, Jeff Bezos, doesn't have an end as the ecommerce businessman added N903.10 billion to his fortune
  • The Amazon founder, who is planning to leave the earth soon, saw his wealth grow to $198.3 billion after increasing by 1.11% at the start of this week
  • Bezos has been topping the world richest list since the first week of June after Bernard Arnault knocked him off the number one spot for two weeks

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Jeff Bezos is no one's mate when fortune is being weighed, as the Amazon boss continues to extend his stay on Forbes' billionaire watch list amid preparations to leave earth.

It's less than a month for Bezos to make his dream of travelling to space a reality, but before that time comes, his fortune keeps pilling up here on earth.

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In one day, the billionaire gained N903.10 billion on Monday, increasing his wealth to $198.3 billion, and ensuring Bezos retained his position which he lost to Bernard Arnault in May.

Jeff Bezos made N903.10 billion in one day as the plans to leave earth for space one month from now
Jeff Bezos, the founder of ecommerce company, Amazon. Photo: Kyodo News
Source: Getty Images

Bezos knocks Arnault behind since losing spot

At the time Bezos lost the richest person in the world position, he was worth $188.5 billion, while the French businessman's fortune was put at $190.1 billion.

The 72-year-old fashion mogul is now worth $192.1 billion, but his wealth lost N697.85 billion, down by 1.7% at the same time Bezos fortune increased by 1.11% on Monday.

The Frenchman makes his money from 70 brands, including Louis Vuitton, Sephora, luxury hotels, trains and river cruises, as well as Tiffany & Co, which his company bought for $15.8 billion in January 2021.

Meanwhile, Legit.ng had previously reported that Elon Musk reclaimed his second position on the world richest list after adding N3.28 trillion to his wealth.

Read also

Over N3.28 trillion added to Elon Musk's wealth in one day, reclaims lost spot on richest list

According to Bloomberg's billionaire index, Musk overtook Bernard Arnault, who is worth $174 billion, after his fortune rose to $186 billion four days ago.

The N3.28 trillion was enough for the American billionaire to climb above the fashion and luxury business mogul on the list.

Source: Legit.ng

Authors:
Khadijah Thabit avatar

Khadijah Thabit (Copyeditor) Khadijah Thabit is an editor with over 3 years of experience editing and managing contents such as articles, blogs, newsletters and social leads. She has a BA in English and Literary Studies from the University of Ibadan, Nigeria. Khadijah joined Legit.ng in September 2020 as a copyeditor and proofreader for the Human Interest, Current Affairs, Business, Sports and PR desks. As a grammar police, she develops her skills by reading novels and dictionaries. Email: khadeeejathabit@gmail.com

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