Jeff Bezos Bounces Back To 2 On Forbes Rich List, Gautam Adani Slips To 4 Amazon founder Jeff Bezos's wealth surged as Wall Street stocks rallied, and as a result, he has now jumped to the second richest on the Real-Time Billionaires List compiled by Forbes, surpassing Louis Vitton's Bernard Arnault and Gautam Adani.
After languishing in the fourth position since September 16, Jeff Bezos's net worth jumped by $3.6 billion to $141.4 billion, making him the second richest in the world on the Forbes list, overtaking Bernard Arnault and India's Gautam Adani.
While a deep sell-off in US stocks had lowered the wealth of American billionaires, driven by expectations for an even more aggressive Federal Reserve after the red-hot inflation reading, Wall Street shares rallied on Wednesday, with the S&P 500 snapping a six-day losing streak to surge nearly 2 per cent.
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