THE CHANGING FORTUNE OF THE RICHEST IN THE WORLD
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Mason Chief Jeff Bezos finished a week of bumper vehicles against Tesla founder Elon Musk, once again becoming the richest person in the world, with an estimated net worth of 181.5 billion. dollars (although his fortune fell to $ 1.4 billion on Friday). The two men changed places almost every day last week to get the top spot on our list of real-time billionaires.
Markets opened lower Friday after President-elect Joe Biden unveiled details of his proposed $ 1.9 trillion coronavirus relief package in a speech the night before, likely to investors would react to the potential of a second indictment of the president in the Senate by President Trump to delay passing legislation for weeks, along with the possibility of raising taxes on the incoming Democratic administration.
Shares of Amazon fell just under 1% for Friday’s closing bell, while shares of Tesla fell more than 2%, enough to put Bezos ahead of Musk. Broadly speaking, technology stocks have fallen, probably also due to the Biden stimulus package. Meanwhile, the Dow Jones Industrial Average closed the week up 0.9%, while the Nasdaq and S&P 500 ended up down 1.5% respectively.
Still, there were many billionaire winners. China’s Ma Huateng, president of Tencent Holdings, owner of the country’s most popular app, Weibo, saw her fortune rise to $ 6.6 billion as Tencent’s shares held a rally in weeks, for a new value. estimated net of $ 62.8 billion. And back in the United States, Zoom Video Communications founder Eric Yuan also had a good week, with his fortune rising to $ 1.5 billion, with a new net worth estimated at nearly $ 17 billion. Zoom announced Friday that it has sold its shares worth $ 2 billion in a secondary public offering. Airbnb CEO and co-founder Brian Chesky saw its net worth rise from $ 1.4 billion to an estimated $ 12.9 billion amid headlines that the house-sharing service canceled its bookings. Washington, DC, to avoid further concerns during the inauguration of Biden. Shares of Airbnb rose 13% last week.
HERE ARE THE MILLIONAIRES WHO MOST INCREASED FORTUNE THIS WEEK.
The change in equity is from the closing of the markets on Friday 8 January to Friday 15 January.