In that letter, Bezos answered. The 92-year-old investor said he's not planning to retire as. Which companies are at the top of my list? Bezos remains the company's CEO and holds a 10.6% . InvestorPlaces bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X 10X even 15X and beyond. Were Motley! Todays trillion-dollar businesses all have one thing in common theyre relentlessly innovative. Musk hasn't had the best of relations with Amazon founder Jeff Bezos and we see the typical "billionaire rivalry" between the two. Let us know what you think in the comment section below. Despite a phenomenal surge in Bitcoin prices last year, the uncertainties about its future remain intact. In a Twitter exchange on Saturday, Elon Musk agreed with a follower who said Musk's deal to buy Twitter is getting far more negative attention than fellow billionaire and Amazon founder. Yet, Musk's innovative thinking continues to drive Tesla's stock to newer heights, and I'm . "The probabilities in this economy tell you to batten down the hatches."2. Analyze its financial strength Investors should find mining companies that can withstand economic downturns and recessions. The technology that will enable this disruption is LiDAR, and the best LiDAR maker in the world is Luminar. Jeff Bezos, founder of Amazon and Forbes magazine's richest man on Earth, plans to spend $1 billion on land and ocean conservation over the next decade, he announced Monday, making good on a pledge to spend $10 billion on climate change made last year. Number of Hedge Fund Holders: 20 . The probabilities say if we're not in a recession right now, we're likely to be in one very soon. Yahoo Finance's . 1. Join our list and we'll let you know when we expose investment teasers for FREE. By uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends. For instance, Amazon's Jeff Bezos lost $85 billion as Amazon's fell by 50%. Lou Basenese says that Jeff Bezos has been selling his Amazon shares through his investment firm, Bezos Expeditions, to invest in his next big project called "VLEO." He says that Bezos has been selling $1 billion in Amazon stock every year. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Independently owned and not on anyone's payroll, here at Green Bull Research we do our darnedest to shed some light on the misleading investment opportunities out there. Tesla Inc., SpaceX, DeepMind, and DeepMind. Then dash cameras. To earn $200 a week, invest money in high-quality stocks or ETFs. over a year past the initial speculated date. With over 41 million Twitter followers, Elon Musk is among the most popular yet controversial business leaders. The sharp rise in Tesla. Invention is the root of our success.So said Jeff Bezos, who among other things founded Amazon.com 27 years ago, grew it into a trillion-dollar company and, along the way, became the worlds second-richest person. And it's the same key to success in stock-picking. Musk has also called Bezos a "copycat" and Amazon a monopoly, backing calls from U.S. lawmakers to break the tech giant. AMZN. One tranche of 2018 Tesla options vested: . Theodor is an old school value guy, when he's not looking for great companies and great prices you can find him on the basketball court hooping. This includes Elon Musk, who has recently launched his own satellite internet project Starlink. Lou Basenese is here to share with us intimate details about Jeff Bezos and Elon Musks push to own the Internet via Very Low Earth Orbit Transmission (VLEO) microsatellites, which are part of the secretive Project Kuiper that aims to deliver everywhere Internet. 2020. __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"eb2ec":{"name":"Main Accent","parent":-1}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"eb2ec":{"val":"rgb(31, 97, 27)","hsl":{"h":116,"s":0.5645,"l":0.2431,"a":1}}},"gradients":[]},"original":{"colors":{"eb2ec":{"val":"rgb(57, 163, 209)","hsl":{"h":198,"s":0.62,"l":0.52,"a":1}}},"gradients":[]}}]}__CONFIG_colors_palette__, {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}, Exposing the Secret $15 Company Behind Elon Musk and Jeff Bezos Race to Own the Internet, Lou Basenese is here to share with us intimate details about Jeff Bezos and Elon Musks push to, Lou Basenese is the creator and editor of Digital Fortunes, a new investment research service. Musk hasnt had the best of relations with Amazon founder Jeff Bezos and we see the typical billionaire rivalry between the two. 5. Baseneses Digital Fortunes investment research service at a cost of $149 for the first year. Remember to wander. Jan 10, 2023 2:18 PM EST. They are worth billions and are among the wealthiest people in the United States. This big project could completely dominate a $1.32 TRILLION industry, according to Lou, and potentially be even bigger than Amazon itself. However, Canadian investors still have an opportunity to get Tesla-like returns by investing in some good cheap companies that are betting big on the ongoing EV revolution. Scott is the former wife of Jeff Bezos. achieved an industry-first with in-flight connectivity, provides reliable satellite-based connectivity solutions for commercial and government clients, One of the first things we learn is that this tiny $15 firm became the first company in history to demo an. A near-trillion-dollar company. Jeff Bezos Peak wealth: $211 billion (July 2021) Amazon founder Jeff Bezos started 2022 as the world's second-richest person with a net worth of $194.2 billion. Leon Cooperman, CEO of Omega Advisors: "The combination of Fed tightening, quantitative tightening, a strong dollar, and the price of oil will create a recession in the second half of 2023. In order to find out the name of the tiny $15 company that Bezos Project Kuiper may be partnering up with, you will have to subscribe to Lou Baseneses Digital Fortunes investment research service at a cost of $149 for the first year. Why Jeff Bezos Is Right About Innovation Think about the world's largest companies today outside of Amazon. but there are plenty who still don't believe in Elon Musk & Co. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. Then the company acquired YouTube. "There's a lot of money at stake. Nouriel Roubini, NYU Stern economist known as "Dr. Doom": "History suggests it's going to be near mission impossible to avoid a hard landing. Some of the company's notable backers include Jeff Bezos, the richest man in the world, and Bill Gates, the second . Magna International last month partnered with LG Electronics the South Korean tech giant to make e-motors, inverters, onboard chargers, and e-drive systems. Can Musk really buy Amazon? Both of these projects Starlink and Kuiper are using the EXACT same business model to blanket the earth with cheap, fast internet. Given the direction the world is going, ask yourself: who will be around in 20, 30, or even 40 years? Amazon also backed Rivian, an EV (electric vehicle) company that was listed in 2021. Mark Zuckerberg, meanwhile, figured out in the early 2000s how to connect college students online. I will appreciate hearing from you. Heres why. Recent Articles. Musk invested $6.35 million in Tesla's Series A funding round in 2004 to become the majority shareholder in the company. The DNA here is innovative to its core. Tesla Inc (TSLA) estimates total investments will be between $20 and $30 billion during the project's lifetime. If you're struggling to save for retirement, here are five side gigs that could give your retirement fund a boost. I find it hard to believe we're not going to have a recession at that point in time, sometime in the middle to back half of 2023.". My #1 Strategy for Profiting from the Regenerative Medicine Boom We've previously discussed his first stock choice, which I think is Gilat Satellite Networks, but in the other two reports, he discusses two more possibilities. InvestorPlaces bold new initiative delivers one breakthrough stock recommendation every trading day, targeting gains of 5X 10X even 15X and beyond. About a couple of years ago, Musk said cryptocurrency is a far better way to transfer value than pieces of paper and called the blockchain technology quite brilliant. Nonetheless, he has never publicly revealed that he owns any cryptocurrency. Mining and mineral stocks represent partial ownership in companies that find, extract, and process minerals and materials. The recent surge in Bitcoin prices might attract you, but its extremely risky, and this mistake could cost you dearly. Projet Kuiper is an ambitious, privately-owned venture that aims to democratize Internet accessibility by launching internet-beaming microsatellites into space, which will make it available to everyone, everywhere, cheaply. Alex Wilcox, chief. This figure marked a drop of more than $33 billion (29 billion) or 15% on just a fortnight . The CIBC Costco Mastercard earns 3% back at Costco Gas, and the Canadian Tire Mastercard earns 10 cents per litre., April 19, 2022 | Elon Musk's net worth has shrunk by $140 billion, while Jeff Bezos' wealth has slid by $86 billion. The same way Amazon did through innovation. From a cash standpoint, keep powder dry. Think about the worlds largest companies today outside of Amazon. So if youre looking for the next Amazon, the next Alphabet, the next Apple, the next Facebook and the next Microsoft, start by looking at todays most innovative companies. Is it worthy of an investment in its own right? Tesla CEO Elon Musk became the world's richest person earlier this month surpassing Amazon founder and CEO Jeff Bezos's wealth. 1. Musk's personal wealth skyrocketed an extra. Im beginning to wonder if Elon will ever kick it off and see GILT become worth many $millions. Eight of the . Coronavirus (COVID-19): Why Is Italys Fatality Rate So Bad? For that reason, youll rarely see growth companies, small caps, or start-ups issue dividends. This is a stock that innovation-minded investors really must own for its disruptive potential. They made computers and smartphones ubiquitous and then their successors created enormous software businesses on top of their hardware empires. Tech stocks represent partial ownership in companies that produce, distribute, manufacture, and research new technology. Then it launched a self-driving business named Waymo. Jeff Gundlach, DoubleLine Capital CEO: "Recession is easily 60% in the next six-to-eight months, and for the year 2023, I'd put it at more like 80%.". This will score us thefree special report: Fortunately, Lou left us with some quality clues and we were able to reveal the name of the company here for free as Gilat Satellite Networks Ltd. (Nasdaq: At first glance, Gilat is a quality, profitable company valued at a very decent price. While Musk is known for his positive outlook on cryptocurrencies, its not Bitcoin or any other cryptocurrency that made him the richest person on the planet. Even if Musk were to hypothetically sell all his other investments, he wouldn't be able to acquire Amazon. Thank you. One reason is that Zuckerberg and Bezos experienced similar drops in the. Thats innovation. "Another factor is the significant increase in the number of public companies over the past few years, thanks to the SPAC craze, and a robust IPO and direct-listing market," Ben Silverman, director of research at Verity, told Insider. A billion dollars. Musk in particular faces big tax bills if he exercises stock options that he was awarded in 2012, when Tesla stock traded at around $6. Tech companies, from startups to big corporations, often promise significant growth. Skip to main content. A quick glance at Gilat and we can clearly see that it is: All of this tells us that the broadband communication equipment maker is a fairly good absolute investment. Hope for the best, but prepare for the worst.". The Boring Company is another. Not C3.ai. These solutions will be installed at most office locations across the world by 2030. Ten of the world's tech . Todays trillion-dollar businesses all have one thing in common theyre relentlessly innovative. Bezos' wealth increased by $127 billion, according to Forbes, but he reported a total of $6.5 billion in income. How did you turn an idea of an online bookstore in the 1990s, into a $1.7 trillion technology empire today, spanning e-commerce, cloud computing, digital advertising, streaming TV, grocery stores, and more? Plus, the company has completely reimagined how we buy cars, and is pioneering a disruptive subscription model for shared car ownership. Jeff Bezos, Elon Musk, and Warren Buffett already have a stake. Slectionnez Grer les paramtres pour grer vos prfrences. Axon (NASDAQ:AAXN). Greg Jensen, co-CIO of Bridgewater Associates: "We are expecting a much bigger recession than the markets are expecting. Elon Musk (@elonmusk) April 5, 2022. The login page will open in a new tab. He spruiked this spiel pre September 21. Canoo (NASDAQ:GOEV). When Bezos made the buy, he became sole owner of the legacy news outlet. Fortunately, there were some clues left behind that may help us solve this mystery once and for all: Given some of these clues, they strongly hint towards Gilat Satellite Networks Ltd. (Nasdaq: GILT) being the secret $15 company. Tech stocks have plunged due to historic inflation, rising interest rates, and a looming recession. They made computers and smartphones ubiquitous and then their successors created enormous software businesses on top of their hardware empires. The result? Informations sur votre appareil et sur votre connexion Internet, y compris votre adresseIP, Navigation et recherche lors de lutilisation des sites Web et applications Yahoo. What are bank stocks? Investors are betting that Musk's company can lead the global green revolution in cars. With climate change at the front of many peoples minds (from governments to investors), energy companies, old and new, are constantly adapting to a new world. Our goal is to help every Canadian achieve financial freedom and make all levels of investors smarter, happier, and richer. Some are even speculating whether Musk would buy Amazon. Carl Icahn, chairman of Icahn Enterprises: "Whenever you have higher interest rates that have moved as they have here, you have an inverted yield curve, Treasuries at close to a 5% yield you are going to have a recession. What new technology is Jeff Bezos investing in? The next big innovation? Historically, in the first positive year following a loss, the Nasdaq-100 returned between 37% and 64%, or an average of 51% across the four instances in 1991, 2003, 2009, and 2019. How did you turn an idea of an online bookstore in the 1990s, into a $1.7 trillion technology empire today, spanning e-commerce, cloud computing, digital advertising, streaming TV, grocery stores, and more? Elon Musk continues to break new records though not always the kind he wants to. There is nothing more innovative than tackling the worlds biggest challenge and then, in turn, changing the world thats exactly what C3.ai is doing today. It is an American biotechnology company that seeks to . Jeff Bezos, Amazon's founder and executive chairman:"The economy does not look great right now. The Walton family has disposed of $6.2 billion in Walmart stock this year, while Google co-founders Larry Page and Sergey Brin have each sold roughly $1.5 billion worth of shares in Alphabet. So if youre looking for the next Amazon, the next Alphabet, the next Apple, the next Facebook and the next Microsoft, start by looking at todays most innovative companies. Sign Up for Lukes Innovative Hypergrowth Newsletter and Get Your Free Special Report. Thanks for all you do! It was reported by MIT Tech Review that research-based company Altos Labs, founded in the first half of 2021, is the company whose investor is Jeff Bezos. Charlie Munger, Warren Buffett's business partner and vice-chairman of Berkshire Hathaway: "I think the Fed is willing to have a little recession in order not to have out-of-control inflation. For example, Magna International (TSX:MG)(NYSE:MGA) could be a great investment option right now. The tech sector isnt as stable as, say, banking. A well-above-average 10% forward dividend yield. They're not buying Twitter stock, even though it's below $40 a . What company has Jeff Bezos recently invested in? Click here to sign up now. as well as other partner offers and accept our, A former investment advisor to George Soros finds under-the-radar gems by analyzing the behaviour of corporate insiders. Sometimes we recommend our favorite investment products/services and earn money through affiliate links. Among the companies that Bezos Expeditions has invested in are biotech companies trying to cure cancer, agriculture tech companies aiming to solve poverty, finance tech companies empowering communities and educational tech companies helping people get the job they want. Even with such sophisticated technology, Lou says there is afatal flaw hidden in Project Kuipers process, in fact, it might be the only thing preventing Bezos from rolling out Kuiper right now. Invention is the root of our success. Building your credit score takes time, dedication, and smart decisions. This in and of itself doesnt tell us much, but we are next shown a quote from Bezos own mouth where he admits to selling $1 billion of Amazon stock per year in order to invest the proceeds into his next big project. Elon Musk, Jeff Bezos and the UK's Fight for Your In-Flight Wi-Fi Thwarting consolidation in a sector attracting a huge influx of investment looks hard to justify. The stock has seen a 17% rise in January so far. founder Jeff Bezos made a $3 billion investment in biotech startup Altos Labs a year ago, according to Popular Mechanics. How do you choose a good bank stock? It was reported by MIT Tech Review that research-based company Altos Labs, founded in the first half of 2021, is the company whose investor is Jeff Bezos. Alphabets founders Sergey Brin and Larry Page figured out back in the late 1990s how to create a centralized online database that indexed the entire internet and made it searchable. Nautilus Biotechnology, Inc. (NASDAQ:NAUT) stands fifth on our list of the companies Bezos is investing in. I worry that not only are we going to get a mild recession, I think the chances that we get a significant recession are really pretty high. Elon Musk, Jeff Bezos and the UK's Fight for Your In-Flight Wi-Fi World One News Page: Tuesday, 17 January 2023. Weve done crazy things together, and then made them normal. What stock is Jeff Bezos investing his money in? There is no denying the fact that the foundation of most profitable businesses over the last two decades, including Amazon, is the Internet itself. Incidentally, Tesla has a strong presence in China and even got approval to set up solo operations in the country, while all other foreign automakers had to necessarily form a joint venture with Chinese companies. Believe it or not, it really is that simple. A Timeline of Jeff Bezos and Elon Musk's Feud Mark Zuckerberg Might Drop Out of Bloomberg's Top 10 Billionaires List After Meta Stock Fall MacKenzie Scott Gifts $48M to Chicago Schools, Part of $2 . Alas, though, Ill let Bezos have the last word here. Meanwhile, the basic question remains, why would Musk want to buy Amazon, unless he has a score to settle with Bezos. Elon Musk's wealth took a $8 billion hit from Tesla. Then the company acquired YouTube. Neuralink is a combination of AI and neural networks. Energy stocks represent partial ownership in companies that supply electricity and fuel for the global economy. SIMPLY PUT - where we join the dots to inform and inspire you. Vicarious has assembled a who's who of technology legends as investors, including Jeff Bezos, Elon Musk, Peter Thiel, and Mark Zuckerberg. Also, Amazons market cap is roughly five times Musks net worth. Here's why saving more than six months' worth of expenses can be disadvantageous to your household. If you are interested in owning a piece of SpaceX, here are your options. Jeff Bezos, Elon Musk, and Ken Griffin have flagged the risk of a US recession. Bezos isn't alone. They are, to say the least, worth applying to your investments: Keep investing, and dont despair when at first the idea looks crazy. He now claims this event of launching etc., will be (sometime, ?) 2023 InvestorPlace Media, LLC. How did they get there? Bezos too had mocked Musks offer to buy Twitter, suggesting that it would increase Chinas influence. So said Jeff Bezos, who . The company used to make tasers and only tasers. Jeff Bezos, Amazon's founder and executive chairman: Elon Musk, CEO of Tesla, SpaceX, and Twitter: Charlie Munger, Warren Buffett's business partner and vice-chairman of Berkshire Hathaway: Carl Icahn, chairman of Icahn Enterprises: Greg Jensen, co-CIO of Bridgewater Associates: Nouriel Roubini, NYU Stern economist known as "Dr. Doom": Here's how investors should play it safe for 3-6 months to set themselves up for a decade of strong performance, according to UBS, There'll be a reckoning for investors who don't adjust to a brand new investment playbook, says BlackRock iShares strategist, Putin's retaliation against sanctions has backfired and could cost Russia $150 billion this year, RBC analyst says, If you still aren't sure what ChatGPT is, this is your guide to the viral chatbot that everyone is talking about, Amazon Republic Day sale deals on home decor items, Emergency door opened by mistake, Tejasvi Surya apologised, says Scindia on Indigo row, IndusInd Bank Q3 net profit grows 69% YoY to 1,959 crore, margin and asset quality see improvements, Two Indians among ten chosen "aquapreneurs" to receive HCL mega-grant for water conservation efforts. En cliquant sur Accepter tout, vous acceptez que Yahoo et nos partenaires traitent vos informations personnelles et utilisent des technologies telles que les cookies pour afficher des publicits et des contenus personnaliss, et des fins de mesure des publicits et des contenus, dtude des audiences et de dveloppement de produit. Our goal is to help every Canadian achieve financial freedom. The startup is similar to the one being developed by Exos, a startup that attempts to extend human life in space. All Rights Reserved. What are Jeff Bezos and Elon Musk investing in? Thanks, Do this now. Here are some minerals these companies extract: Precious metals: gold, silver, platinum, palladium Industrial metals: iron, ore, zinc, cobalt, lithium, nickel, copper, aluminum Construction materials: sand, crushed stone, limestone Energy materials: coal, oil sands, uranium Fertilizers: boron, potash, phosphate How can you find good mining stocks? The higher this metric, the more efficient a bank is using its stakeholders money. The result is that Axon now stands alone as the unrivaled leader in law enforcement technology and is in a position of strength to digitize every public safety agency in the world over the next decade. At least this is the promise. Now, for a limited time, you can get in for just $19. bettydavid1956@gmail.com, Thank you..these teasers/scamers make my blood boil, Keep up the great job and helping us small people, funny, the new date they are looking at is 10/1/2022. The service focuses on revealing the most exciting and profitable trends, far before you read about them in major publications. Mr. Musk's Twitter investment, which he has been accumulating since at least last month, was worth about $2.89 billion based on the closing price of the company's stock on Friday. This article represents the opinion of the writer, who may disagree with the official recommendation position of a Motley Fool premium service or advisor. Alphabets founders Sergey Brin and Larry Page figured out back in the late 1990s how to create a centralized online database that indexed the entire internet and made it searchable. The post Listen to Jeff Bezos: Buy These 7 Hyperinnovative Stocks appeared first on InvestorPlace. Stem (NYSE:STPK). Musk founded Zip2 Corporation in 1995 with his brother, Kimbal Musk. Then the company got into messaging (Messenger and WhatsApp), pictures (Instagram), and commerce (Marketplace and Facebook Shops). Jeff Bezos, Elon Musk, and Charlie Munger have raised the alarm on a US recession. Last year,. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. Overall, 2020 has been a phenomenal year for Musk. Elon Musk and Jeff Bezos have offloaded $20 billion of Tesla and Amazon stock this year. To start, we are shown an SEC Form-4, which shows that Amazon Founder Jeff Bezos recently sold some $1.8 billion in Amazon stock. The shares of this Aurora-based mobility technology company jumped up by 48% in the fourth quarter. The total investment in Starlink will be between $20 billion and $30 billion, Musk says. All rights reserved.For reprint rights. Luminar Technologies (NASDAQ:LAZR). There's a lot of things that have to happen to turn this economy around, to get us out of a recession. What company did Jeff Bezos invest in 2021? where did jeff bezos get the money to from amazon? Musk and Bezos, who are currently the respective first and second richest men in the world, have a long history of spatting over everything from space exploration to cryptocurrency. He breaks down the 3 key parts of a strategy that he's perfected over the last 40 years, Registration on or use of this site constitutes acceptance of our. Spend months or even years to design and manufacture these terminals yourself or simply partner withor better yet just buy out the worlds best firm that already has the necessary tech in place to make these terminals? To make this a reality, both are launching internet-beaming satellites into space, with Kuiper getting the green light from the FCC to launch 3,236 Very Low Earth Orbit Transmission (VLEO) microsatellites into the stratosphere. As you can probably already guess, such futuristic infrastructure does not come cheap. Bill Gates and Steve Jobs were relentless innovators. It's official: Elon Musk has broken the world record for the biggest wealth loss in history after shedding $182 billion from his net worth since November 2021, according to a report by Guinness World Records. Amazon began as a small startup run out of Jeff Bezos' Seattle garage in 1994 and has grown into an e-commerce giant worth over $1.5 trillion. He took that platform, and expanded its use case to the masses. April 21, 2022 | Thats innovation. 3 Ways to Make $10,000 a Year With a $100,000 TFSA. The acquisition announced late Sunday is part of Lockheed Martin's attempt to gird for competition from recent . Similarly, Mark Zuckerberg's wealth dropped by $77 billion as shares of Facebook fell more than 64%. So tough that a lot of companies have given up on deploying AI. Many people want cleaner energy. The $1.4 billion he paid in personal federal taxes is a massive number yet it. 1. This [ESG] is a huge trend that will affect everything.[.] ICTSD (International Centre for Trade and Sustainable Development) was established in 1996 as a non-profit organization based in Geneva, Switzerland. Elon Musk, CEO of Tesla, SpaceX, and Twitter: "It does seem like we're headed into a recession here in 2023. From breaking news about what is happening in the stock market today, to retirement planning for tomorrow, we look forward to joining you on your journey to financial independence. First, it was Gilats First-to-Flight ESA terminal that. The service focuses on revealing the most exciting and profitable trends, far before you read about them in major publications. Very moderately priced at a current price/earnings ratio of just 12x. People may receive compensation for some links to products and services on this website. In that letter, Bezos answered the trillion-dollar question that everyone in the world wants to ask the man: how? An article in the Technology Review of MIT indicates that the world's richest man is also looking for ways to extend human life on Earth. Look at the banks profitability First, you want to be sure the bank is even profitable. Now that Elon Musk is the richest man on earth the rivalry with Bezos about to get interesting. Elon Musk is the richest person in the world with a net worth of $219 billion (Pic: Dimitrios Kambouris/Getty Images for The Met Museum/Vogue) Elon Musk now ranks as . So if youre Bezos, what would you do? Jeff Bezos was the richest man in the world, also a tech billionaire like Musk, when he bought the Washington Post in 2013. The US is most likely going to have a recession.".