Jeff Bezos is the world's richest person for the fourth year running, according to Forbes. The Amazon founder is worth $177 billion, says the business magazine. His fortunes are up $64 billion from a year ago as a result of surging share value of Amazon.
Elon Musk, the biggest gainer in dollar terms, rocketed into the No. 2 spot on Forbes' 35th annual list of the world's wealthiest people. Ranked No. 31 with a $24.6 billion fortune last year, the business magnate added a whopping $126.4 billion to total $151 billion in 2021 with the help of a 705 percent rise in Tesla shares.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.