Ex-Amazon CEO Jeff Bezos has lost his status as the richest billionaire in the world according to Forbes. Indeed, his fortune fell by almost $ 14 billion in one day. This allowed the richest man in Europe and the owner of Louis Vuitton Bernard Arnault to be at the top of the ranking for the first time since the beginning of June 2021. However, everything has changed pretty soon. Let’s look at the wealthiest man in the world betting odds.
Jeff Bezos vs. Bernard Arnault
The former CEO of the world’s largest online store, Amazon, Jeff Bezos, has lost his status as the richest billionaire in the world, according to the Forbes Real-Time rating, which is updated in real-time depending on quotes. Bezos based on trading on Friday, July 30, 2021, dropped to the second line of the rating. Unfortunately, Bezos’s fortune for the day decreased by $13.9 billion and was below the $200 billion mark – $192.4 billion. Therefore, his capital for the day decreased by 6.76%, Forbes Real-Time shows.
One of the richest men in Europe, Bernard Arnault, surpassed Bezos’s list. He is the main owner of LVMH, which owns luxury brands including Louis Vuitton and Dior. Arnault’s fortune also decreased in a day – by $ 2.9 billion. However, the businessman was still half a billion dollars ahead of Bezos. Indeed, Arno’s fortune at the end of the auction amounted to $ 192.9 billion, having decreased by 1.46% during the day.
Indeed, Bezos’s fortune was reduced due to the collapse of Amazon shares – they lost 7.56% on Friday, following from the data of the Nasdaq exchange. Besides, the company’s shares have been falling for almost the entire week. Compared to the price at the close of trading on Friday (July 23), the price of securities fell by almost 9%. The fall in stocks on July 30 followed the publication of Amazon’s Q2 2021 earnings, Forbes USA noted. The growth rate of the online store’s revenue slowed down compared to the second quarter of 2020 (27% versus 41% in 2020), and the revenue itself ($ 113.08 billion) was less than analysts’ forecasts. Online sportsbooks in the USA also followed these changes. But the final results were unpredictable!
The Wealthiest Man in The World Betting Odds 2021
LVMH shares lost 1.4% as well. Nevertheless, Bernard Arnault topped the list of the richest businessmen in the world for the first time since May 2021. Indeed, then he was ahead of Bezos by almost $1 billion. However, two weeks later the ex-head of Amazon regained the lead. At the same time, Arno’s fortune for the first time exceeded $ 200 billion. Besides, before that only Bezos reached this mark – in August and October 2020, as well as in April 2021. Arno first climbed to the top of the rankings by a few minutes in December 2019. In January 2021, the head of Tesla, Elon Musk, briefly took first place in Forbes Real-Time.
For the entire week, Jeff Bezos’s fortune fell by $ 16.8 billion. Indeed, the strongest drop in the capital in a week, according to the American Forbes. The second was the ex-wife of Bezos Mackenzie Scott – she lost $ 5.5 billion. In the top 10 for declining fortune in a week were also the founder of eBay Pierre Omidyar and Indian billionaire Mukesh Ambani, as well as billionaires from China and Singapore. But what is the wealthiest man in the world betting odds today? Let’s figure it out together with Bet365 Sportsbook!
Elon Musk is Conquering Forbes
The fortune of American engineer and entrepreneur Elon Musk jumped to $ 270 billion amid rising prices for shares of his Tesla company. Thus, the businessman became the richest man in the history of Forbes magazine calculations. This is reported in an article published in the October 26, 2021 edition. According to the magazine, the value of Tesla shares rose by almost 13% after news of a deal with Hertz to supply 100,000 electric vehicles to the distributor’s fleet. At the same time, Tesla’s capital first reached and then exceeded $ 1 trillion. Some of the plans of the founder of the SpaceX and Tesla companies are not destined to come true in the next hundreds of years, experts say. However, it is not an obstacle for Musk to gain his wealth.
As a result, according to Forbes calculations, Musk’s fortune at the close of trading amounted to $ 271.3 billion. Since October of 2021, it has increased by $ 41.7 billion. At the same time, Forbes Real-Time claims that the entrepreneur’s assets amount to $ 257.6 billion. The publication notes that this is the highest figure since Forbes began counting in 1982. It is clarified that before the richest man in history was considered the founder of Amazon Jeff Bezos, whose wealth reached $ 212 billion once. Later it became known that the market value of the American electric vehicle manufacturer Tesla exceeded $1 trillion. The company’s shares skyrocketed amid a deal with Hertz Global Holdings Inc., which ordered 100,000 electric vehicles.
Conclusion: The Wealthiest Man in The World Betting Odds
On October 18, 2021, it was reported that Elon Musk’s equity capital exceeded $ 230 billion. Then SpaceX shares soared by 33% and were sold for more than $ 100 billion. At the same time, the value of the security at that time reached $ 560 per share. Indeed, this made the businessman the richest man in the world. On September 28, Musk topped the Forbes ranking of the richest people on the planet.
According to the publication, Musk’s capital was more than $ 203.4 billion. The second place in the ranking was taken by the head of Amazon, Jeff Bezos, with assets of $ 197 billion, and the third place was taken by the CEO of the French group of companies LVMH (Louis Vuitton Moet Hennessy) Bernard Arnault, whose fortune estimated at $ 174.9 billion. However, this situation may change in a day. To make your predictions, visit the Bet365 Sportsbook. Besides, you can Bet on the World’s Highest-Paid Celebrities. Don’t lose your chance to make real money in no time!