KEYPOINTS • Jeff Bezos would owe $5.7 billion in taxes for 2020 under the Ultra-Millionaire Tax Act proposed by a group of Senate and House Democrats and independent Sen. Bernie Sanders on Monday. • The tax would be a 2% annual levy on wealth over $50 million and 3% on wealth over $1 billion. • Elon Musk would owe $4.6 billion in 2020 and would still have a fortune of over $148 billion at the end of the year. • Bill Gates would have to pay $3.6 billion for 2020,…
Tesla CEO Elon Musk has yet again slipped to the number two spot on Bloomberg’s list of the world’s richest person. Musk’s net worth reduced by a whopping $15.2 billion in a day after Tesla shares slid 8.6% on Monday. E-tailer Amazon’s founder Jeff Bezos has once again topped the Bloomberg Billionaires Index. Bezos has $186 billion in wealth as against Musk’s $183 billion fortune.
Amazon CEO Jeff Bezos reclaimed his title as the world’s richest person after he leapfrogged Tesla CEO Elon Musk, according to real-time data from Forbes.
The top 5 billionaires on planet earth had an unimpressive showing at the most recent trading session. The top 5 billionaires most recent daily loss stood at $7.754 billion