Jeff Bezos Overtakes Elon Musk To Become The World’s Wealthiest Again

Jeff Bezos Overtakes Elon Musk To Become The World's Wealthiest Again

Jeff Bezos Overtakes Elon Musk To Become The World's Wealthiest Again

Jeff Bezos has overtaken Elon Musk to take back the world’s-wealthiest-person position. The billionaire owner of Amazon, Jeff Bezos, has regained his position as the richest person in the world, completing the six-week reign of Elon Musk at the top of the list.

On Tuesday, after Tesla (TSLA) shares plummeted 2.4 percent, Musk lost around $4.5 billion, bringing him to second place in the Bloomberg Billionaires Index list.

The net worth of Bezos also decreased by around $372 million, but that was sufficient to push him to the top spot, a position he has occupied for around three years.

The Bloomberg Billionaire’s index reportedly claims Bezos is worth $191 billion as of Wednesday, February 17, relative to Musk’s $190 billion.

Musk’s rise to first place occurred in early January, when he still owned 170 million Tesla shares.

Due to the massive rise in revenue driven by the Covid-19 pandemic, Amazon CEO Bezos’ share in the company soared by $75 billion in 2020, to $173.3 billion.

Bill Gates remains the third-richest individual in the world, worth $137 billion.

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