WORLD RICHEST CHANGE RESULTS
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Mazon CEO Jeff Bezos ended a big car week against Tesla founder Elon Musk by becoming the richest man in the world, with an estimated net worth of $ 181.5 billion (despite the fall of the his fortune $ 1.4 billion Friday). The two men traded places almost every day last week for the top spot on our Real-Time Billionaires list.
Lower markets opened Friday after President Joe Biden unveiled details of his proposed $ 1.9 trillion coronavirus relief package in a speech the night before, with investors likely to respond to the possibility of a second Senate impeachment test of President Trump in delaying the passage of the legislation. for weeks, coupled with the potential for higher taxes in incoming Democratic administration.
Amazon stock fell just under 1% before Friday ‘s closing bell, and Tesla fell more than 2%, enough to put Bezos back ahead of Musk. More broadly, tech stocks are down, also likely due to Biden’s stimulus package. Meanwhile, the Dow Jones industrial average closed the week down 0.9%, while the Nasdaq and S&P 500 together finished 1.5% respectively.
However, there were plenty of billion winners. Ma Huateng in China, chairman of Tencent Holdings, which owns the country’s most popular app, Weibo, saw its fortune increase $ 6.6 billion while shares in Tencent held a mid-week rally , for a new estimated net worth of $ 62.8 billion. And back in the U.S., Zoom Video Communications founder Eric Yuan had a good week, with his fortune hitting up $ 1.5 billion to a new estimated net worth of nearly $ 17 billion. Zoom announced Friday that it has sold $ 2 billion worth of its shares in a high-end public offering. Airbnb CEO and cofounder Brian Chesky saw its net worth rise by $ 1.4 billion to a new estimate of $ 12.9 billion, amid headlines that the home service overcame Washington, DC’s doubts to prevent further unrest at the time of the founding of Biden. Airbnb shares rose 13% over the past week.
HERE ARE THE BILLIONAIRES THAT HAVE BEEN INVOLVED IN THIS WEEK THE BIGGEST.
The net value change is from near markets on Friday, January 8 to Friday, January 15.