Jeff Bezos overtakes Elon Musk to reclaim world’s richest person title

It comes as Amazon’s business has been booming during the pandemic, with consumers turning to online retailers for necessities amid lockdowns. However, it’s still possible that the two billionaires could trade places again in the near future.Bezos is getting ready to leave his post as CEO of the online shopping giant later this year to focus on other projects. The Amazon founder’s net worth has been surging in recent years along with his company’s stock price. Tesla shares slid over two percent on Tuesday, erasing around $4 billion from Musk’s fortune, according to ranking websites’ estimates. Almost all of his statements have caused ripple effects in the crypto space, including the recent move by Tesla to invest $1.5 billion in bitcoin, and the billionaire’s vocal support for dogecoin.For more stories on economy & finance visit RT’s business section The drop ended Musk’s six-week reign as the world’s wealthiest man, according to Forbes, which currently puts his net worth at $173.4 billion, compared to Bezos’ $190.3 billion. Also on rt.com
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Musk has recently been at the epicenter of some of the biggest market events – from a Reddit insurgency against hedge funds attempting to short-sell GameStop stock to the cryptocurrencies’ rally. Follow RT on

Amazon CEO Jeff Bezos has reclaimed the top spot on the world’s richest list, winning the title back from Tesla CEO and SpaceX founder Elon Musk just weeks after losing it. That previously allowed Bezos’ net worth to hit $200 billion, making him the first man in history to reach the milestone. Also on rt.com
Tesla tycoon Elon Musk declared richest person in the world, edging out Amazon’s Bezos

As a result, Bezos took back the title he had been holding for almost three years before Musk briefly surpassed him.

Jeff Bezos says he’ll leave role as Amazon CEO this summer to head up company board

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Think your friends would be interested? The company blew past a $1 trillion market cap last year and is now worth some $1.6 trillion, according to CNBC, helping Bezos himself become one of the world’s wealthiest men. “I’m excited to announce that this Q3 I’ll transition to Executive Chair of the Amazon Board and Andy Jassy will become CEO,” Bezos announced in a statement on Tuesday, adding that in his role as executive chair, he will focus his energies on “new products and early initiatives.” While Bezos did not elaborate on his reasons for stepping down, Jassy – Amazon Web Services’ current CEO – will take over to head up the broader Amazon organization after the transition sometime this summer.A message from Jeff Bezos to Amazon employees earlier today. Follow RT on

Amazon’s Jeff Bezos will step down as the company’s CEO in the third quarter of 2021, handing the position to Andrew Jassy as he transitions to serve as executive chair of the e-commerce giant’s board. In the subsidiary’s latest earnings report on Tuesday, it said some 52 percent of Amazon’s operating income was derived from the cloud platform. Jassy joined the company in 1997, leading the Amazon Web Services team since it was founded. When it comes to UNION vote, Amazon argues that in-person ballots are crucial for valid & fair election

The soon-to-be former CEO said his decision “isn’t about retiring” and that he would “stay engaged in important Amazon initiatives,” but added that the move will allow him more time to focus on other projects, such as the Washington Post, his Blue Origin aerospace firm and the Bezos Earth Fund. Bezos founded Amazon in 1994, overseeing its transformation from a small online book dealer to the ubiquitous and powerful firm it is today. https://t.co/W5I99qCJrZ— Amazon News (@amazonnews) February 2, 2021The announcement came as Amazon reported its first $100 billion quarter on Tuesday, seeing a significant spike in sales in the latter months of 2020 amid the ongoing pandemic. 

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Irony meets hypocrisy? Share this story!

Post Malone – On the Road Lyrics

‘Cause one time is expensive, one mill a setlist
Bought a new car ‘fore you woke up for breakfast, yeah
[Chorus: Post Malone]
‘Cause they ain’t ever seen me fold out of pressure
They ain’t never, ever seen me fold, nah, never
Always keep one up on ’em ’cause I’m too clever
I would never, ever sell my soul, nah, never
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
[Verse 2: Meek Mill]
Yeah, where you been? Play this song
[Intro: Post Malone]
Mm, mm, mm
Mm
[Chorus: Post Malone]
‘Cause they ain’t ever seein’ me fold under pressure
They ain’t never, ever seen me fold, nah, never
Always keep one up on ’em ’cause I’m too clever
I would never, ever sell my soul, nah, never
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
[Verse 1: Post Malone]
Yeah, they bet I’ma fall
And I’m only 24, but, bitch, I been through it all
I got so many hits, can’t remember them all
While I’m takin’ a shit, look at the plaques on the wall
Y’all just sit back, won’t you kick back
Keep on actin’ like you did that, got no respect
For nobody who’s just fake in life, ayy, ayy
You ain’t really who you say you are
So pick up the pace, there ain’t no slowin’ me up
Get the fuck out my face, can you stop blowing me up? (Where you been?)
When it was time to do some work and put it in (Put it in)
I just be laughin’ when I see ’em, look at them (Ha)
Leave when I lose and pop back up as soon as I win (Uh)
You ain’t my day one and I know you not my friend
So I can’t judge you when you do some phony shit and just pretend
Like you really down with me, because bein’ loyal starts within
I seen that money overpower that love and turn it thin
But it ain’t stop me, I just kept goin’ up, took it on the chin
I wish every time they said I would fold, I’d make an M
Fuck around and be as rich as Jeff Bezos, say it again
Never lose, I go overtime on ’em, stay in that gym
Let’s get it
[Chorus: Post Malone]
‘Cause they ain’t ever seein’ me fold under pressure
They ain’t never, ever seen me fold, nah, never
Always keep one up on ’em ’cause I’m too clever
I would never, ever sell my soul, nah, never
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
[Verse 3: Lil Baby]
I’m tired of bein’ tired
This my last shot, you can’t be mad, at least I tried
We supposed to be grown, but yet you still acting childish
I can get on the jet alone, I don’t need no extra baggage
This year turned into a savage, I got baguettes in my necklace
Driving fast and I won’t crash it and I’m supposed to be sober
But some kind of way, I just keep getting older
It’s gonna take more than some pressure to fold me
Tried as hard as I can, but at this point it’s outta my hands
I ain’t runnin’ out of these bands for nothin’ or no one
She say I’m a dog, but it takes one to know one
Been goin’ hard, been by myself, I don’t need no love
[Chorus: Post Malone]
‘Cause they ain’t ever seein’ me fold under pressure
They ain’t never, ever seen me fold, nah, never
Always keep one up on ’em ’cause I’m too clever
I would never, ever sell my soul, nah, never
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
‘Cause I been on the road, been on the road, I
Quit actin’ like you been with me this whole time
[Outro: Post Malone]
Mm, oh, oh no
Mm, oh, oh no
On the road, oh