Close Menu
    What's Hot

    Who Is Georgina Dsilva? Goa-Based Model Rumoured To Be Dating Aditya Roy Kapur

    July 10, 2025

    Rajkummar Rao And Patralekhaa In First Interview After Pregnancy Post: "Won't Make Our Child Watch Maalik First"

    July 10, 2025

    Diljit Dosanjh Doesn't Care

    July 10, 2025
    Facebook X (Twitter) Instagram
    N24India
    • Home
    • Features
    • Politics

      Kashmir Attack Sparks Media Storm Amid Political Blame Game

      April 23, 2025

      Religious Bias Allegations Rock Amazon, eBay, and Oracle Customer Support many Companies.

      January 10, 2025

      Feroz Khan Addresses Controversy with AIMIM MLA, Calls for Improved Road Infrastructure in Asifnagar -N24india

      October 7, 2024

      Yati Narsinghanand Saraswati Sparks Outrage with Hate Speech Against Prophet Muhammad: Calls for Legal Action Intensify

      October 5, 2024

      Drugs, Baby Oil, Video Tools: What Went On At Rapper Diddy's "Freak Offs"

      September 23, 2024
    • Science
      1. Politics
      2. Lifestyle
      3. Sports
      4. View All

      Kashmir Attack Sparks Media Storm Amid Political Blame Game

      April 23, 2025

      Religious Bias Allegations Rock Amazon, eBay, and Oracle Customer Support many Companies.

      January 10, 2025

      Feroz Khan Addresses Controversy with AIMIM MLA, Calls for Improved Road Infrastructure in Asifnagar -N24india

      October 7, 2024

      Yati Narsinghanand Saraswati Sparks Outrage with Hate Speech Against Prophet Muhammad: Calls for Legal Action Intensify

      October 5, 2024

      Who Is Georgina Dsilva? Goa-Based Model Rumoured To Be Dating Aditya Roy Kapur

      July 10, 2025

      Rajkummar Rao And Patralekhaa In First Interview After Pregnancy Post: "Won't Make Our Child Watch Maalik First"

      July 10, 2025

      Diljit Dosanjh Doesn't Care

      July 10, 2025

      Ekta Kapoor Reveals Why Kyunki Saas Bhi Kabhi Bahu Thi Is Back In 2025. Plus, Show Details

      July 10, 2025

      Watch Weightlifting at Paris 2024 – Follow the Olympic Games

      July 15, 2024

      Charlotte Hornets Makes Career-high 34 Points in Loss to Utah Jazz

      July 15, 2024

      Young Teen Sucker-punches Opponent During Basketball Game

      March 12, 2021

      Bills’ Josh Allen Finishes Second in NFL Most Valuable Player Voting

      January 18, 2021

      World’s first electric hydrofoil ship is coming to Saudi Arabia’s NEOM

      August 21, 2024

      World’s Tiniest Fanged Frogs Lay Their Eggs on Leaves and Guard Them

      July 15, 2024

      Get this 4K HD Dual-Camera Drone with WiFi for $75

      July 15, 2024

      Russian Satellite Breaks up in Space, Forces ISS Astronauts to Shelter

      July 15, 2024
    Facebook X (Twitter) Instagram
    N24India
    Home»Politics»World's 3 Richest, Elon Musk, Jeff Bezos, Bernard Arnault, Race For #1
    Politics

    World's 3 Richest, Elon Musk, Jeff Bezos, Bernard Arnault, Race For #1

    AdminBy AdminJune 19, 2024No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The world’s three richest billionaires are in a fierce race for first place.

    Elon Musk, Jeff Bezos and Bernard Arnault have occupied the top three spots on the Bloomberg Billionaires Index for 94% of the year. But fluctuations in their wealth have led the trio to swap places six times since May 29 – a frenetic pace for a hierarchy that had largely held steady since Musk lost his top ranking in early March. 

    The game of musical chairs has been influenced by a fight over Musk’s pay package, a snap election call in France and a tech-stock rally that shows no signs of letting up. 

    Musk, 52, with a net worth of $210.1 billion, moved back into first place Monday for only the second time since early March, replacing Bezos. Tesla Inc. shares rallied last week after shareholders voted to re-approve his 2018 compensation package, which was voided by a Delaware judge, and move the company’s state of incorporation to Texas. That lifted an overhang on the stock, as investors feared Musk might leave the company if the award was rejected.

    Musk and Tesla’s board spent the last two months rallying support for the measures, putting particular emphasis on the pay deal that made Musk eligible for as much as $55.8 billion in stock options based on the company hitting certain milestones. Those options now account for almost a quarter of his net worth.

    His fortune was also buoyed by a new funding round that’s set to value his artificial-intelligence venture xAI at more than $24 billion. Bloomberg’s wealth index estimates that Musk owns 65% of the company, which is using data from social-media posts on X to train its chatbot, Grok. 

    Arnault, meanwhile, recently fell to third place with a fortune of $200.4 billion after spending most of the past three months in first. The 75-year-old’s net worth has slumped by nearly $13 billion since French President Emmanuel Macron’s surprise election call sent that country’s markets to their worst week in years. He derives most of his wealth from LVMH, the world’s largest maker of luxury goods. 

    Amazon.com Inc. founder Bezos, 60, is currently second on Bloomberg’s wealth index with a net worth of $206.6 billion. Since May 29, he’s retaken the top spot three times as Amazon shares trade near record highs. The stock has been the beneficiary of a broader rally in big tech that’s responsible for nearly three quarters of the S&P 500 Index’s gain this year. 

    (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



    Original Source

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Admin
    • Website

    Related Posts

    Kashmir Attack Sparks Media Storm Amid Political Blame Game

    April 23, 2025

    Religious Bias Allegations Rock Amazon, eBay, and Oracle Customer Support many Companies.

    January 10, 2025

    Feroz Khan Addresses Controversy with AIMIM MLA, Calls for Improved Road Infrastructure in Asifnagar -N24india

    October 7, 2024

    Comments are closed.

    Advertisement
    Demo
    Latest Posts

    Who Is Georgina Dsilva? Goa-Based Model Rumoured To Be Dating Aditya Roy Kapur

    July 10, 2025

    Rajkummar Rao And Patralekhaa In First Interview After Pregnancy Post: "Won't Make Our Child Watch Maalik First"

    July 10, 2025

    Diljit Dosanjh Doesn't Care

    July 10, 2025

    Ekta Kapoor Reveals Why Kyunki Saas Bhi Kabhi Bahu Thi Is Back In 2025. Plus, Show Details

    July 10, 2025
    Trending Posts
    Business & Economy

    Maersk CEO Vincent Clerc Speaks to ‘Massive Impact’ of the Red Sea Situation

    January 20, 2021
    Sports

    Review: Can Wisconsin Clinch the Big Ten West this Weekend

    January 15, 2021
    Biotech

    These Knee Braces Help With Arthritis Pain, Swelling, and Post-Surgery Recovery

    January 15, 2021

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Hyderabad
    • Telengana
    • Lifestyle
      • Science
    • Politics
      • Asia
      • Europe
      • World
    • Middle East
    • Sports
    • Home
    • Blog
    • Homepage
    • Typography Elements
    • Get In Touch
    • Our Authors
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.