🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Elon Musk loses world’s richest person title to Jeff Bezos
Economic Times
·
1y ago
Medial
Elon Musk has lost his position as the world's richest person to Jeff Bezos after Tesla shares tumbled on Monday. Musk's net worth is now $197.7 billion, while Bezos holds a fortune of $200.3 billion. This change marks the first time Bezos has topped Bloomberg's ranking since 2021. The gap between Musk and Bezos has been narrowing as Amazon shares soar while Tesla shares decline. Musk's wealth may further decline after a Delaware judge invalidated his $55 billion pay package at Tesla. Bezos first became the world's richest person in 2017 but had been competing with Musk for the top spot last year.
View Source
Related News
Jeff Bezos suffers big jolt, loses world's second richest man title after 8 years. Who overtook him?
Economic Times
·
1m ago
Medial
Larry Ellison of Oracle has overtaken Jeff Bezos to become the second richest person in the world. Ellison's net worth soared by $26 billion to $243 billion after Oracle reported stronger-than-expected earnings, surpassing Bezos and Mark Zuckerberg. Bezos first became the second richest in 2017 but lost the title to Zuckerberg in 2024. Currently, Elon Musk maintains the top position with a net worth of $407 billion.
View Source
Jeff Bezos just sold off $2 billion in Amazon shares in what could be a strategy to make him the richest man in the world — again
Business Insider
·
1y ago
Medial
Jeff Bezos has sold 12 million shares of Amazon stock, worth $2 billion, in a move that could potentially make him the world's richest man again. This is part of a plan announced by Amazon earlier this year for Bezos to sell off 50 million shares. The surge in Amazon's stock this year has increased Bezos' estimated wealth by $22.6 billion. The sale also narrows the gap between Bezos and Elon Musk's net worth, making it possible for Bezos to overtake Musk and reclaim the title of the world's richest person.
View Source
Jeff Bezos is once again the world's richest person thanks to the Big Tech rally
Business Insider
·
1y ago
Medial
Amazon founder Jeff Bezos has reclaimed the title of the world's wealthiest person, with a net worth of $200 billion. This comes as a result of the sustained rally in Big Tech shares, driven by the artificial intelligence boom. Bezos, who owns about 9% of Amazon, saw his net worth rise as the company's stock climbed. He surpassed Tesla CEO Elon Musk, who had been the richest person for the past nine months. Musk and Bernard Arnault, chairman of LVMH, now hold the second and third positions on the Bloomberg Billionaires Index.
View Source
Elon Musk alleges Jeff Bezos told people to sell Tesla, SpaceX stocks; Bezos denies in rare X post, says ‘100% not true’
Livemint
·
8m ago
Medial
Elon Musk accused Jeff Bezos of advising people to sell their Tesla and SpaceX stock, claiming that Donald Trump would lose the US presidential election. Bezos swiftly denied the allegations, calling them "100% not true." Musk is a vocal Trump supporter and has spent over $130 million supporting his re-election campaign. This exchange highlights the tensions between two of the world's richest individuals and the interplay between politics and business in the tech world. Musk recently became the richest person in history with a net worth of $334.3 billion.
View Source
Bernard Arnault surpasses Elon Musk as richest person in the world
Livemint
·
1y ago
Medial
Bernard Arnault, the chairman and CEO of LVMH, has become the world's richest person, surpassing Elon Musk. Arnault's net worth reached $207.8 billion, while Musk's stood at $204.5 billion. LVMH's market cap of $388.8 billion exceeded Tesla's $586.14 billion. The top 10 richest individuals according to Forbes include Jeff Bezos, Mark Zuckerberg, and Bill Gates. LVMH recently saw a 10% rise in Q4 sales, driven by strong demand from Chinese consumers. Meanwhile, Tesla's shares dropped over 12% following Elon Musk's warning of slowed sales growth.
View Source
Sam Altman says he could do with more collaboration and less of Elon Musk tweeting a silver medal at Jeff Bezos to flex his wealth
Business Insider
·
1y ago
Medial
Sam Altman expressed his hope for less taunting and more collaboration among AI leaders, specifically referencing Elon Musk's public mocking of Jeff Bezos after surpassing him as the world's richest person. Altman, co-founder of OpenAI with Musk, highlighted Musk's tendency to not be known for collaboration, citing his tweet of a silver medal aimed at Bezos. Altman's remarks come in the context of the need for collaboration to achieve artificial general intelligence (AGI). However, tensions have been present between Altman and Musk, with Musk filing a lawsuit against OpenAI and Altman in 2020. Neither OpenAI nor Musk have commented on the matter.
View Source
Elon Musk's wealth plunges by $40 billion in 2024 as Tesla shares crash 30% YTD
Livemint
·
1y ago
Medial
Tesla CEO Elon Musk has lost his position as the world's richest person as his net worth has decreased by nearly $40 billion so far this year. He has been overtaken by Amazon founder Jeff Bezos, who is now the second richest person in the world. Musk's wealth has declined due to Tesla's falling share price, disappointing sales in China, a production halt in Germany due to sabotage, and a court order striking down his pay package at Tesla. Meanwhile, Musk's social network, X, plans to launch a TV app for smart televisions, focusing on long-form videos.
View Source
Elon Musk surpasses Bernard Arnault, Jeff Bezos to top Forbes Billionaires list
Livemint
·
1y ago
Medial
According to the Forbes Real Time Billionaires list, Elon Musk has become the richest person in the world, surpassing Bernard Arnault and Jeff Bezos. Musk's net worth now stands at $210.7 billion, followed by Arnault with $201 billion and Bezos with $197.4 billion. This increase in Musk's wealth is attributed to his acquisition of the social media platform X for $44 billion. The Forbes Real Time Billionaires list, which is regularly updated, also includes Mark Zuckerberg, Larry Ellison, Larry Page, Sergey Brin, Warren Buffett, Bill Gates, and Steve Ballmer.
View Source
Temu founder Colin Huang loses China's richest person title in 18 days
Inshorts
·
11m ago
Medial
Colin Huang, founder of e-commerce major Temu's parent company PDD Holdings, lost the title of China's richest person within 18 days. Huang's net worth saw the biggest one-day loss after tumbling $14.1 billion following a slump in shares of PDD Holdings on Monday. Huang is now China's fourth-richest person with a net worth of $35.2 billion, according to Bloomberg.
View Source
Hurun Global Rich List 2025: Tech rules with Musk, Bezos, Zuckerberg leading wealth rankings
Economic Times
·
4m ago
Medial
The Hurun Global Rich List 2025 highlights the prominence of tech entrepreneurs among the world's wealthiest individuals, with Elon Musk, Jeff Bezos, and Mark Zuckerberg occupying the top three positions. Musk remains the richest, with a net worth of $420 billion, while Bezos and Zuckerberg follow with $266 billion and $242 billion, respectively. The list reflects the tech industry's growing influence, particularly in artificial intelligence (AI). Additionally, new billionaires emerged, and global billionaire numbers increased by 5%.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
