In his early days outside of “Amazon,” Bezos’ fortunes are staggering, with $ 211 billion

The net worth of the richest man in the world reached $ 211 billion on Tuesday, after Amazon shares rose 4.7%, following the Pentagon’s announcement of the cancellation of a cloud computing contract with its rival Microsoft.

The last time anyone in Bloomberg’s billionaire rankings came close to that number was in January, when Tesla CEO Elon Musk briefly hit $ 210 billion.

The pair spent the first part of the year trading the number one position as the richest person in the world, but Bezos consolidated his grip on the number one position since mid-March, as the Amazon shares have risen nearly 20% during this period, according to Bloomberg.

Rising stock prices in recent months have inflated the fortunes of a handful of tech giants, including Musk, who is still second behind Bezos with a net worth of $ 180.8 billion even as shares Tesla took the plunge on Tuesday.

Yesterday, Bezos added more than $ 8.4 billion to his fortune on the first day after officially stepping down as CEO of Amazon after 27 years in the role, when he still owns around 11% of the company. .

It comes after the Pentagon announced it canceled a $ 10 billion cloud computing contract it awarded to Microsoft in 2019, after several years of feuds between the government and some of America’s biggest tech companies over the ‘agreement. The decision indicates that it plans to split it between Microsoft and its rival Amazon.

And Bezos was not the only benefactor. MacKenzie Scott, Bezos’ ex-wife and the richest woman in the world, saw her fortune increase by $ 2.9 billion on Tuesday, nearly exceeding her generous annual donations.