Bezos's net worth rises by 87B
Jeff Bezos experienced a jump of approximately $87 billion in his wealth after the valuation of the space company "Blue Origin" reached $140 billion in the latest funding round. This valuation moved him up to the second position among the world's wealthiest, according to the Bloomberg index. His net worth now stands at around $368.5 billion, surpassing Larry Page, while Elon Musk remains at the top with an estimated fortune of about $1.5 trillion. This increase was driven by growing investor interest in space companies, especially as they have become a key part of the billionaire wealth growth this year. The most recent funding round was the first of its kind for Blue Origin since its founding in 2000, during which "Cautio Management" acquired a stake worth approximately $4 billion, with Bezos retaining 93% ownership of the company. Blue Origin competes with Musk's "SpaceX," which surpasses it in terms of revenue and market value. Last year, SpaceX's revenues reached about $18.7 billion, with an estimated market value around $2.23 trillion, of which Musk owns 35%. Investments by private companies in the space sector and efforts to expand space travel have become key factors boosting the fortunes of their founders, despite some companies' stock declines following going public.
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