Jeff Bezos has once again risen and snagged back the title of the World’s Richest Man after falling to second place.
The Amazon CEO had lost the spot briefly to Bernard Arnault of the LVMH group for two weeks before reclaiming the throne.
According to Forbes, late last month, Jeff Bezos shocked the world when he was pushed off of his pedestal at the top of the ‘World’s Wealthiest People’ by LVMH head Bernard Arnault.
However, Amazon shares closed at 2% higher than normal thereby, boosting Bezos’ wealth by $3.5 billion in a single and consequently, raising his net worth to a staggering $193.5 billion.
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