Wednesday November 20, 2019
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Elizabeth Warren Mocks Billionaires Bezos-Bloomberg US Election Talk

Bloomberg's net worth is $52 billion, according to Forbes magazine, which means he's one of the world's wealthiest individuals

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Jeff Bezos
Amazon CEO Jeff Bezos walks onstage in Seattle. Source-VOA

US presidential hopeful Elizabeth Warren has criticised Amazon Founder and CEO Jeff Bezos and former New York City Mayor Michael Bloomberg after reports surfaced that Bezos called the billionaire businessman to launch a 2020 presidential bid.

According to a Vox report, Bezos called the fellow billionaire in February this year and asked him to consider entering the 2020 US presidential race.

“Bloomberg told Bezos no at the time, according to a person briefed on the phone conversation,” said the report.

Bloomberg also had a question for Bezos: Will he reconsider his decision to cancel plans for an Amazon headquarters in New York City?

Bezos replied saying he would not reconsider his decision not to open a second Amazon headquarters in New York.

Amazon in February had announced to abandon its project to build a mega campus in Long Island City, Queens after widespread protests.

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Michael Bloomberg, a former New York City mayor and U.N. Special Envoy for Climate Action, speaks in Washington. VOA

The Democrat US presidential candidate Warren on Saturday mocked both the billionaires.

“One billionaire calls another billionaire and asks him to run for president — I’m shocked! Here’s the deal: Companies like Amazon have too much power, and billionaires like @JeffBezos and @MikeBloomberg should pitch in so that everyone can succeed,” Warren tweeted.

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According to reports, Bloomberg, 77, is reportedly preparing to enter the Democratic race for the 2020 US presidential election.

Bloomberg, who co-founded financial information and media company Bloomberg LP in 1981, was mayor of New York City from 2002 to 2013, serving three terms.

Bloomberg’s net worth is $52 billion, according to Forbes magazine, which means he’s one of the world’s wealthiest individuals. (IANS)

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Bill Gates Officially Surpasses Jeff Bezos as Richest Person on Earth: Report

The Bezos couple finalised their divorce in April in what was reported as the biggest divorce settlement in history, entitling MacKenzie Bezos to Jeff Bezos' stocks worth around $36 billion

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Bill Gates, Fight, Climate Change
Bill Gates, co-chair of the Bill & Melinda Gates Foundation. VOA

Billionaire philanthropist Bill Gates officially surpassed Amazon CEO Jeff Bezos at world’s richest person on Earth with a net worth of $110 billion — according to the latest Bloomberg Billionaires Index.

The Microsoft co-founder had briefly topped Bezos as the world’s richest man last month after Amazon’s lacklustre Q3 results resulted in Bezos losing nearly $7 billion in stock value.

Bezos ended Gates’ 24-year run as the richest man in 2018 with a net worth of $160 billion.

According to CNN, Gates regained the lead on Friday after Microsoft stock went up nearly 48 per cent this year, helping boost the value of his stake in the tech giant.

Jeff Bezos
Jeff Bezos, Amazon founder and owner of Blue Origin. (Wikimedia Commons)

Amazon’s Cloud arm AWS losing $10 billion Pentagon project to Microsoft has also helped the Satya Nadella-led company gain on the stock market.

Gates debuted on Forbes’ first ever billionaire list in 1987 with a net worth of $1.25 billion.

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Bezos first joined The Forbes 400 list of richest Americans in 1998, one year after Amazon went public, with a net worth of $1.6 billion, the report added.

The Bezos couple finalised their divorce in April in what was reported as the biggest divorce settlement in history, entitling MacKenzie Bezos to Jeff Bezos’ stocks worth around $36 billion. (IANS)