Headlines
Jeff Bezos Dethrones Elon Musk, Regains World Richest Man Position
Jeff Bezos has regained his spot as the planet’s richest person.
The Amazon founder, 60, reclaimed the title after edging out Tesla CEO Elon Musk, 52, by $2 billion, according to the new Bloomberg Billionaires Index.
Jeff – whose net worth is currently estimated at $200 billion – last held the top spot of the league table in 2021, and according to CNN, Tesla shares plunged more than seven per cent on Monday (04.03.24).
The outlet added dad-of-10 Elon – who bought Twitter for $44 billion in 2022 before rebranding it X – has lost nearly $31 billion in the past year, with his net work currently listed at $198 billion.
In contrast, Jeff’s total worth has increased by $23 billion over the past year, according to the Bloomberg index.
Amazon founder Jeff first held the title of world’s richest person in 2017, when he beat 68-year-old Microsoft co-founder Bill Gates.
Gates now sits at the No. 5 position ($150 billion), while Arnault is third ($197 billion) and Meta CEO Mark Zuckerberg is fourth ($179 billion).
Over the weekend, Bill and Meta boss Mark Zuckerberg, 39, were at the pre-wedding celebration of the son of another Bloomberg index billionaire Mukesh Ambani, 66, who sits at 11th in the ratings of the globe’s wealthiest individuals with an estimated net worth of $115 billion.
SpaceX founder Elon had been the reigning title-holder in the table since May 2023, when he was placed above luxury goods giant LVMH’s 75-year-old CEO Bernard Arnault.
Jeff and Elon have had a famous years-long rivalry, especially when it comes to their space race with their rocket companies.
Elon’s SpaceX was founded in 2002 – two years after Jeff launched the Blue Origin exploration company.
They have since been in bitter competition to be the first man since 1972 to put humans back on the Moon.
Source: kdhnews.com
By Eric Elezuo
Former Vice President Atiku Abubakar has been declared winner of the presidential primary of the African Democratic Congress (ADC).
The declaration was made at the Trascorp Hilton Hotel, where the final collation of results was made.
The former Vice President polled a total of 1, 846, 370 votes to defeat his closest rival, former Governor of Rivers State, Hon Rotimi Amaechi, who scored just over 500 thousand votes. Alhaji Muhammed Hayatu-Deen came third.
Headlines
ADC Presidential Primary: Hayatu-Deen Alleges Rigging, Withdraws from Results Announcement
One of the presidential aspirants of the African Democratic Congress (ADC), Mohammed Hayatu-Deen, says he will not attend the announcement of the party’s presidential primary election results, citing allegations of widespread vote rigging.
In a statement on his X handle on Tuesday, Hayatu-Deen expressed concern over reports of electoral irregularities from across the country.
The ADC aspirant noted that he witnessed some of the incidents.
“I will not be attending the announcement of the ADC Presidential Election Results today. I am concerned by reports from across the country of widespread vote rigging, some of which I myself observed, and will therefore be taking advice on my next steps,” the statement read.
The development comes amid keen competition for the ADC presidential ticket involving former Vice President Atiku Abubakar, former Minister of Transportation and former Governor of Rivers State, Chibuike Rotimi Amaechi, and Hayatu-Deen.
The ADC presidential primary election collation exercise will take place in Abuja. Results are expected from across the nation.
Ahead of the nationwide presidential primary held on Monday, the ADC had urged aspirants, party leaders, delegates, and members to conduct themselves peacefully and uphold party unity.
In a statement issued in Abuja on Sunday, the party’s National Publicity Secretary, Bolaji Abdullahi, described the exercise as a defining moment for both the ADC and Nigerians seeking a credible political alternative.
According to him, the party remained committed to internal democracy and a transparent leadership selection process.
“The ADC remains proud to stand today as the only truly democratic party in Nigeria because it is the only political party whose choice of presidential candidate is determined through open primaries,” Abdullahi stated.
The party also stressed that the conduct of aspirants and party members during the exercise would reflect the leadership culture the ADC seeks to promote.
Headlines
You’re Not Different from APC, INEC, Amaechi Slams ADC, Rejects Presidential Primary Results
A former Minister of Transportation, Chibuike Rotimi Amaechi, has rejected the results of the African Democratic Congress (ADC) presidential primaries, alleging widespread voter disenfranchisement and electoral malpractice.
Amaechi, in a statement posted on his X handle on Tuesday, described the outcome of the exercise as “concocted results.”
He said he had earlier made it clear that he would only accept the outcome of the primaries if the process was free, fair and transparent.
“I will not accept results from a process that does not reflect the values that the ADC had pledged to uphold,” he said.
Amaechi alleged that about 80 percent of party members across the country were prevented from voting during the exercise.
“There’s no way that about eighty percent of members of the party were not allowed to vote, and you expect me to accept such results,” he stated.
The former Governor of Rivers State accused the party of engaging in practices it had previously condemned in the ruling All Progressives Congress (APC) and the Independent National Electoral Commission (INEC).
According to him, the ADC cannot criticize vote buying, rigging and manipulation of election results by others while allegedly engaging in similar acts during its own primary.
Amaechi added that the development was unacceptable and contrary to the ideals upon which the party was founded.
