Jeff Bezos

Move over Bernard Arnault. There’s a new wealthiest person on the planet.

It’ll be the first manned flight for Bezos’ company since a 2022 malfunction grounded Blue Origin’s New Shepard rockets.

After jostling for the position of second-wealthiest person in the world more than a dozen times in March, Musk and Bezos are competing closely once again.

Amazon hit a new record share price Thursday for the first time since July 2021, completing its dramatic recovery from its 2022 doldrums as investors seemingly can’t get enough of big technology stocks.

Musk’s net worth is down almost $60 billion in 2024 alone, according to Forbes’ estimates, as Tesla stock tanked and a judge swatted down Musk’s record compensation package.

Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin are among 14 companies bidding for NASA contracts as part of the agency’s plans to develop the emerging space economy and lower costs.

The world’s third-richest person sold some of his Amazon stock for the first time in more than two years.

Billionaires around the world are now US$3.3 trillion (AU$5 trillion) richer than they were in 2020, with their wealth growing three times as fast as the rate of inflation, Oxfam’s Inequality Inc report has revealed.

As attendees at this year’s Burning Man finally begin their mass exodus after being stranded amid intense flooding, Forbes Australia looks back at the billionaires who’ve shown face in years prior.

Bezos and Sánchez’s engagement comes more than four years after the couple first went public as a couple, after they both divorced their then-spouses.